Dear Valued Clients,   Currently, enterprises are allowed to freely operate in business lines that are not prohibited by law. In addition, enterprises must ensure that all conditions for operating business are met as prescribed by law and maintain such conditions throughout the operation process. Therefore, enterprises, domestic and foreign investors need to pay attention to which banned business lines as well as conditional business lines. In this Legal Article,…

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, 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…

Dear Valued Clients,   Pursuant to the 2019 Labor Code, an employee is entitled to unilaterally terminate the employment contract (“EC”) upon the prior notice to the employer in certain circumstances. ENT would like to send Valued Clients this article clarifying regulations related to this matter. Obligations of an employee in case of legal unilateral termination of the EC[1] While an employer is only entitled to unilaterally terminate the EC…

Dear Valued Clients, According to the 2019 Labor Code, a labor dispute means a dispute over rights, obligations and interests among the parties during the establishment, execution or termination of labor relation; a dispute between the representative organizations of employees; a dispute over a relationship that is directly relevant to the labor relation. Distinguished from other types of disputes, labor disputes shall be settled by particular settlement mechanisms according to…

Dear Valued Clients, With Vietnam’s recent open-door policies, which call for preferential FDI capital, the number of foreign investors in Vietnam is constantly increasing. The 2014 Law on Entry, Exit, Transit, and Residence of Foreigners in Vietnam and the Amendment Law No. 51/2019/QH14 (the “Law”) have witnessed open and flexible regulations in the issuance of confirmation of temporary residence in order to create favorable conditions for direct foreign individual investors…

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…