Dear Valued Clients, Overseas borrowing is one of the popular activities of enterprises during their business activities. Looking for foreign loans can come from many reasons such as repaying debts, expanding production models, etc. Therefore, enterprises need to firmly grasp the foreign loan procedures so as not to miss any development opportunities. The following article will provide the most basic content related to foreign loan procedures for enterprises. RELEVANT LEGISLATION…
INTRODUCTION Dear Clients, The use of shares or contributed capital in an enterprise as collateral is a topic of great interest from shareholders, members of the company as well as related parties. The following article will only focus on providing information about the use of shares of unlisted joint-stock companies as collateral in a charge contract. RELEVANT LEGISLATIONThe following legal documents are referenced in this article: 1. Civil Code No.91/2015/QH13…
Dear Valued Clients, An internal labor regulation is considered as a legal framework governing the behaviors and activities within an enterprise, and is an important tool in human resource management. As from January 1st, 2021, since the Labor Code 2019 has officially taken effect, the promulgation of internal labor regulations is currently considered as a mandatory obligation of enterprises. In addition, drafting and updating internal labor regulations also experience remarkable changes compared…
Dear Valued Clients, As the demand for employment is increasing day by day, signing electronic labor contracts attracts a great deal of attention from both enterprises and employees, especially after the Covid-19 outbreak. In Vietnam, although regulations concerning electronic contract have first appeared in the 2005 Law on Electronic Transactions, those rules have been specifically stipulated in the Labor Code till 2019. Accordingly, since 1 January 2021, the date on…
Dear Valued Clients, Investment capital account is a necessary mean of payment for foreign investors carrying out their investment activities in Vietnam. The following article provides the most basic information about opening and use of investment accounts for certain investors in relation to their investment activities in Vietnam. We hope you find this article helpful and look forward to working with you in the near future. Kind regards, ENT Law…
Dear Valued Clients, Investment capital account is a necessary mean of payment for foreign investors carrying out their investment activities in Vietnam. The following article provides the most basic information about opening and use of investment accounts for certain investors in relation to their investment activities in Vietnam. We hope you find this article helpful and look forward to working with you in the near future. Kind regards, ENT Law…
This Legal Update is prepared solely for clients of ENT Law LLC and to provide some basic information regarding changes of the Law on Investment (version of 2020 compared to version of 2014). Information contained in this LegalUpdate shall only for reference and is not considered a professional legal advice of ENT Law LLC. In order to seek legal advice on any issues mentioned in this Legal Update, clients should…