Question: We are a company with 100% foreign capital. We currently own a sales e-commerce platform including 01 website and 01 application for the purpose of allowing customers to order and pay. Check out the air conditioning products that we distribute. We want to know whether these websites and applications have been allowed to operate […]
Question: Our company is a foreign-invested enterprise established in Vietnam, and we are planning to operate a social media platform in the financial sector. Do we need to apply for any licenses for this activity? Answer: According to Clause 6, Article 24 of Decree 147/2024/ND-CP: “Agencies, organizations, and enterprises in Vietnam are only allowed to […]
Question: Our company employs both Vietnamese and foreign workers. I would like to ask whether our company is required to pay trade union fees for foreign workers. Answer: Under the Charter of the Vietnam General Confederation of Labour and Section 3.2 of Guidance No. 03/HD-TLĐ dated February 20, 2020, issued by the Vietnam General Confederation […]
Question: The client is a foreign-invested trading company with a total investment capital of less than 3 billion VND and 2 employees. The question is whether the company is required to hire a Chief Accountant. If required, what are the procedures, requirements, and conditions for hiring one? Answer: Obligation to Appoint a Chief Accountant Based […]
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Under Vietnam’s WTO Commitment, maintenance and repair of equipment (not including maritime vessels, aircraft or other transport equipment) shall be only fully opened to wholly
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It is possible for foreign invested company (FIC) to setup a Branch in other city of Vietnam. However, it should be noted that in order
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It is possible for foreign invested company (FIC) to register a transaction office in Hanoi. However, it should be noted that in order to run
Law on exportation right of goods of foreign investor in Vietnam
Under Current Vietnam Law on importation and exportation of foreign investor, Vietnam grant exportation rights to (i) Foreign Companies duly established and operating in foreign
Is it possible to set up a a foreign invested company in Ho Chi Minh City to provide trade promotion and management consultation services?
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Termination labour contracts of redundant employees due to organizational restructure in Vietnamese company
In case foreign invested company in Vietnam (FIC) shall have to consider terminating employment of a number of redundant employees due to organizational restructure. Under
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