Consultation on Legal Representatives of Enterprises

Question: Under the Law on Enterprises 2020, is an individual permitted to concurrently act as the legal representative of multiple joint stock companies? In cases where holding multiple positions may potentially violate competition regulations or create conflicts of interest, what conditions must an enterprise satisfy (e.g., approval of shareholders or provisions in the company charter) […]

Consultation on Vietnamese Public Holidays

Question: I received information from the Facebook page “Government Information” stating that: “The Politburo: November 24 is selected as Vietnamese Culture Day, employees are entitled to a paid day off.” May I ask whether this information is accurate? If so, when will it take effect and what is the scope of its application? Answer: The above information […]

SOMENEW PROVISIONS OF THE INVESTMENT LAW 2025

Question: I am a foreign investor planning to establish a company in Vietnam to implement a project in late 2026. I understand that Vietnam has just promulgated the 2025 Investment Law. I would like to ask what new points there are, compared with the Investment Law 2020, regarding the establishment of an economic organization before […]

Consultation on Internal Labor Regulations

Question: Our company has 22 employees. May I ask whether our company is required to register internal labor regulations? Answer: Pursuant to Clause 1, Article 119 of the Labor Code 2019, it is stipulated as follows: Registration of internal labor regulations Employers employing 10 or more employees are required to register their internal labor regulations […]

Consultation on Goods Labeling

Question: Our company is planning to import several product items for sale. I would like to ask whether goods labels on the Vietnamese market are required to be presented in Vietnamese.  Answer: Pursuant to Article 7 of Decree No. 43/2017/ND-CP (as amended by Clause 4, Article 1 of Decree No. 111/2021/ND-CP), the language used on […]

Tax Consultation

Question: Pursuant to the amended Law on Personal Income Tax, which takes effect from 01 July 2026, I have a question regarding the progressive personal income tax tariff and its applicable period: will it be applied from 01 January 2026 or from 01 July 2026? Answer: According to Clause 2, Article 29 of the Law […]