Tiếng Việt
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Dear Valued Clients, Procurement is a special transaction method whereby an investor (or service user) sets certain requirements to select suppliers of goods or services who meet with those requirements, then the two parties can conduct the transaction according to terms and conditions they have established. Thus, from a general perspective, procurement is a method of selection to establish a working relationship based on the requirements of one party, with…
Dear Valued Clients, To meet the increasing demand for production and business in the context of the Covid-19 pandemic, the National Assembly Standing Committee passed Resolution No. 17/2022/UBTVQH15 dated March 23, 2022 (“Resolution 17”) on overtime hours in a year and a month of employees in the context of Covid-19 pandemic prevention and socio-economic recovery and development. In this Legal Update, we would like to summarize the number of overtime…
Dear Valued Clients, Using electronic invoices (“E-invoices”) is a mandatory requirement under Decree 123/2020/ND-CP (“Decree 123”) and Circular 78/2021/TT-BTC (“Circular 78”) that should be put on notice to enterprises. On February 24, 2022, the Ministry of Finance issued Decision No. 206/QD-BTC on the application of e-invoices in 57 provinces and central-run cities, effective from April 2022 for a number of eligible subjects. Subsequently, from July 1, 2022 going forward, all…
Dear Valued Clients, It has come to our attention during operation that the matter concerning the supervision of foreign investment activity carried out by Vietnamese competent state authorities is always one among others that draws attention of foreign-invested economic organizations. On the occasion of the adoption of Circular No. 02/2022/TT-BKHDT on the guidance on supervision and assessment of investment for foreign investment activities in Vietnam (“Circular 02”), we would like…
Dear Valued Clients, On December 10, 2021, the Government issued Decree 112/2021/ND-CP guiding the Law on Vietnamese employees working abroad under contracts (“Decree 112”). Decree 12 takes effect from January 1, 2022, replacing Decree 38/2020/ND-CP (“Decree 38”), which has added regulations related to the conditions that service enterprises need to meet in some cases and those related to the deposit payments of service enterprises and employees when working abroad, and…
Dear Valued Clients, According to the Law on Investment No. 61/2020/QH14 (“the “Law”), during the implementation of investment projects, investors are entitled to adjust their projects. For investment projects subject to the provincial People’s Committees’ approval of investment guidelines (“AIG”), when adjusting the investment projects, investors have to comply with the procedures as prescribed by law. During execution of an investment project, the investor is entitled to adjust its objectives,…
Dear Valued Clients, During the implementation of an investment project, the Law on Investment No. 61/2020/QH14 (“the “Law”) allows investors to transfer part of or the whole investment projects to other investors when they meet certain conditions and comply with the procedures as prescribed by law. In this Legal Article, ENT would like to introduce to you the procedure for transferring investment projects. A. Conditions for transfer of investment project[1]…
Dear Valued Clients, Law on Investment No. 61/2020/QH14 (the “Law”), which takes effect on January 1st, 2021, supplements new regulations in a beneficial manner to investors, especially foreign investors, for the purpose of promoting investment activities in Vietnam, one of which is the provisions on approval of investment guidelines (AIG) by competent authorities for both domestic and foreign-related projects. ENT would like to send you the detailed analysis of the…