Competence to approve investment policies 21:38 | 27/01/2021

VGP – The amended Law on Investment project (the "LOI 2020") dated June 17, 2020 comprises seven chapters, 77 articles and four attached appendices. The law took effect on January 1, 2021 and stipulates competence to approve investment policies.

Requirements for suspension of pension fund and death benefit fund 22:36 | 26/01/2021

VGP – The Ministry of Labor, Invalids and Social Affairs (MOLISA) released Official Letter 1511/LDTBXH-BHXH, dated May 4, 2020 to specify conditions for enterprises to suspend contributions to the pension fund and death benefit fund.  

Contributing capital, buying shares, buying capital portions of foreign investors 21:53 | 30/12/2020

VGP – The National Assembly on June 17 voted to approve the amended Law on Investment project (the "LOI 2020") with 7 chapters, 77 articles and 4 attached appendices.

Foreign workers exempted from health insurance requirement 20:34 | 24/12/2020

VGP – Decree 11/2016/ND-CP (Decree 11) on detailed regulations on implementing a number of articles of the labor code regarding foreign workers in Viet Nam stipulates types of foreign workers in Viet Nam.  

Business lines subject to conditional business investment 07:30 | 15/12/2020

VGP - The National Assembly on June 17 voted to approve the amended Law on Investment project (the "LOI 2020") with 7 chapters, 77 articles and 4 attached appendices.

How do foreign enterprises open bank accounts in VN? 09:04 | 21/10/2020

VGP – Banks and foreign bank branches are responsible for instructing their customers on the sequence  and procedures for  receiving and handling application files for opening payment accounts and place of signing the contract of opening and use of payment account in correspondence with their specific conditions and supply capacity.

Foreign experts with short-term Viet Nam stay exempted from centralized quarantine 17:19 | 30/09/2020

VGP – Viet Nam has lifted the 14-day quarantine for foreign experts, investors, managers, and diplomats entering the country for less than 14 days.

Land-use rights for overseas Vietnamese citizens 10:42 | 08/07/2020

VGP –  Rights and obligations involving land use of overseas Vietnamese who are eligible to own houses in Viet Nam; foreign individuals or overseas Vietnamese who are ineligible to buy houses associated with land use rights in Viet Nam.

Conditions for foreigners to study in universities in VN 10:40 | 23/06/2020

VGP – In the past few years, Viet Nam has been chosen as an ideal budget destination by international students over Malaysia, Singapore or Thailand for numerous reasons such as international-standard education, cheap living cost and more incentive policies for foreigners.

Regulations on foreign employees transferring within enterprises 14:06 | 17/06/2020

VGP – Foreign employees have been hired for at least 12 months prior to such transfer by the foreign enterprise are allowed to transfer within an enterprise.