Question: Currently, our company does not yet have a business license for retail distribution: (What are the procedures, what documents are required, and what is the legal basis?) Answer: Enterprises intending to engage in retail distribution activities in Vietnam must apply for a Business License from the Department of Industry and Trade in the locality […]

Dissolving a foreign-invested company (FIC) in Vietnam is a complex legal process that requires strict compliance with legal regulations. To ensure a smooth and efficient process, obtaining support from legal professionals is crucial. This article provides an overview of the FIC dissolution process, based on the services offered by professional law firms. Key Stages of […]

On April 29, 2025, the Government of Vietnam issued Decree 94/2025/ND-CP, providing for a regulatory sandbox in the banking sector. This Decree, effective as of July 1, 2025, establishes a legal framework that enables the controlled testing of financial technology (fintech) solutions in a strictly supervised environment. The primary objectives are to promote innovation, modernize […]

VAT Rate Applicable to Sales Revenue in Vietnam Question: For sales to local customers in Vietnam, what is the VAT rate? Answer: According to the current regulations of Vietnamese law, value-added tax (VAT) for wholesale trade services of machinery, equipment, and electronic components (based on the company's business lines) is applied at a tax rate […]

Commerces New Mechanism for managing oil and gasoline business Draft Circular on trade defense measures Draft Circular on rules of origin of goods in the free trade agreement (Draft 2) Finance - Bank Issuing a Decision that regulates the functions, tasksm powers, and organizational structure of the Department of Planning, Finance, and Enterprise Management Immigration […]