Tiếng Việt
Applicable subjects 1. Short-term visitors (visitors enter Vietnam within 14 days) include: Visitors who enter Vietnam for diplomatic or official purposes. Visitors who enter Vietnam not for diplomatic or official purposes (investors, experts, skilled workers, managers of enterprises, business, commerce, market research, their families, and other persons under agreement with each specific country). 2. People being in contact with the short-term visitors during their time in Vietnam. Applicable principles The…
Dear Valued Clients, On November 16, 2021, the Ministry of Planning and Investment have just adopted the Circular No. 09/2021/TT-BKHDT (“Circular 09”) guiding the selection of investor to implement public-private partnership (“PPP”) projects and projects using land, clarifying and instructing the Decrees 35/2021/NĐ-CP and 25/2020/NĐ-CP as well as replace the Circular 06/2020/TT-BKHĐT. The Circular 09 shall become effective from January 01, 2022. The significant updates of such Circular shall be…
Dear Valued Clients, Every year, enterprises are required to prepare and submit various types of labor report to the state authorities. In anticipation of the upcoming new year, in order to assist enterprises to be fully aware of their obligations, ENT Law would like to provide Valued Clients this article summarizing the labor report regime in 2022 for enterprises. Annual reports Deadline Type of report Report submitter Report…
Dear Valued Clients, Pursuant to the Law on Enterprises, an enterprise could be organized in various forms with specific pros and cons. Accordingly, it is necessary and crucial for business owners to be aware of the features of each form in advance of business establishment. In order to provide the most preliminary awareness to Valued Clients, ENT Law shall summarize the most significant advantages and disadvantages of each form of…
Dear Valued Clients, Compensation for damage and penalty for violation of the contract are two common sanctions in civil contracts. However, for each different field, the regulations on compensation for damage and penalty for violation of the contract will be governed by separate specialized laws. In this article, we will focus on sharing the legal provisions related to compensation and penalty for the violation of construction contract. I. OVERVIEW…
Dear Clients, Associates and Friends, ENT Law is very proud to be sporsor for Techfest 2021 – the playground for the start-ups cohosted by the Ministry of Science and Technology, the Ministry of Foreign Affairs, VCCI, NSSC and many others. This is further to a series of legal and business training sessions within Techfest 2021 activities and to provide and equip the start-up community with important legal matters for its…
Dear Valued Clients, Since the 2020 Law on Enterprises became effective, the procedure for obtaining an enterprise registration certificate has been updated. This Article shall provide a specific instruction to perform such procedure in accordance with the latest Law on Enterprise and its guidance documents. Application for enterprise registration Application for registration of a sole proprietorship[1]: 1. The enterprise registration application form (pursuant to Annex I-1 of the Circular No….
Dear Valued Clients, Recently, the Government has announced the second draft of the Decree on personal data protection (the “Draft Decree”) as a guidance document of the current Cyber Security Law. In this Legal Update, we would emphasize several highlights which could affect business activities in Vietnam since this Draft Decree is adopted. Definition of personal data Recently, personal data (“PD”) is absent from or is stipulated scatteredly in the…
Dear Valued Clients, Charter capital of a limited liability company is the total value of assets that have been contributed or promised by the members/the owner when a limited liability company is established. During the company’s operation, the charter capital can be changed, either increased or decreased, depending on the business operations as well as demands of the company. The following Article shall point out several options of charter capital…
Dear Valued Clients, Charter capital of a joint-stock company is the total of nominal values of the sold or subscribed shares when a joint-stock company is established. During the company’s operation, the charter capital can be changed, either increased or decreased, depending on the business operations as well as demands of the company. The following article will point out cases of the charter capital amendment and provide instructions to implement…