Setting up business in HCM City.
Question: I currently have a business partner based on Vietnam (USA citizen, not from Vietnam) who has been living in Vietnam on and off for the past 4 years or so. Due to our industry experience in the hospitality sector we are exploring the opportunity of opening a licensed restaurant and bar (same premises) in HCM […]
Advise for an M&A case in Vietnam
This is with regards to our discussion from which you requested us to advise for an M&A case in Vietnam. Thus, we are pleased to present herewith our Legal Service Proposal for your kind reference.
Legal update 21/3/2013
This is the significant regulation under the Directive No.04/CT-TTg dated March 08, 2013 by the Prime Minister on strengthening management in production, business and use of helmets when joining traffic. In order to correct the situation that appearing many kinds of fake helmets; helmets with colors, design sim proper with regulation, bad quality on the market,failing […]
Legal grounds to determine field in which investment is prohibited and sectors/line in which business is prohibited?
Under current laws, the legal grounds to determine the fields in which investment is prohibited and sectors/lines in which business is prohibited are as follows: 1. clause 3 Article 7 of the enterprise Law prohibits business activities that may harm the national defence, security, social order and safety history tradition, culture, merits, and good customs […]
Is foreign investors’ investment to acquire hotels and restaurants to do business considered a business in real estate?
According to clause 1, Article 4, Law on trading in real estate, the business in real estate shall include business in real estate services and business in real estate services (translator's note: repletion) Clause 2, Article 4, Law on trading in real estate stipulates that business in real estate means the investment of capital to […]