The concept of direct investment (FDI) FDI direct investment is the process by which an organization or individual invests in a business or other business in a country other than their own. This can include buying shares in an operating company, investing in the construction of new infrastructure, or even buy a company that is operating in…
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Directinvestment from abroad into Vietnam – Notion: Foreign direct investment (FDI) in Vietnam is the investment capital of foreign investors and participation in the management of investment activities in Vietnam. – Characteristics of FDI enterprises: The amount of investment capital of FDI companies in Vietnam is usually not large compared to other investment recipient countries; FDI…
Transfer of shares/contributed capital Medical work In case the Investor is a founding shareholder and holds ordinary shares, within 03 years from the date the company is granted the Enterprise Registration Certificate, the investor is free to transfer ordinary shares to other founding shareholders and may only transfer them to a person who is not a founding…
Projects falling under the competence to approve investment guidelines of provincial-level People’s Committees Pursuant to Article 32 of the Law on Investment 2020 stipulating the competence to approve investment guidelines of provincial-level People’s Committees, as amended by Clause 2, Article 3 of the Law amending the Law on Public Investment, the Law on Investment in…
Forms of foreign indirect investment in Vietnam Foreign investors can invest indirectly in Vietnam through the following 07 forms, including: – Contributing capital, buying and selling shares or contributed capital of foreign investors in foreign-invested enterprises that have not yet been listed or registered for trading on the Stock Exchange – Contributing capital, buying and…
What isthe transfer of investment capital abroad? Outward transfer of investment capital means an outward investment activity, using profits earned from investment capital sources that are transferred from Vietnam abroad to carry out overseas business investment activities. Conditions for remittance of investment capital abroad Investors may transfer investment capital abroad to carry out investment activities…
Form of official letter of application for entry for foreigners Pursuant to the Circular No. 04/2015/TT-BCA dated January 05, 2015 of the Ministry of Public Security regulating the form of papers related to the entry, exit and residence of foreigners in Vietnam, the official letter of application for entry for foreigners is form NA2. Cases…
1. Get land use rights Pursuant to Clause 1, Article 191 of the 2013 Land Law, in case of not being able to receive transfer or gift for the right of use, it is stipulated that organizations, households, individuals, residential communities, religious establishments, overseas Vietnamese, foreign-invested enterprises are not entitled to receive the transfer, receive gifts for…
Conditions for foreign investors to work in Vietnam Foreign investors who are individuals to work in Vietnam need to meet the following conditions: Be at least 18 years old and have full civil act capacity; Have professional, technical, skilled and work experience; be in good health as prescribed by the Minister of Health; Not being a…
Number of issues related to risks arising when investing from abroad in Vietnam – Politics and legal Political stability and the legal system are not always guaranteed at a high level, which can create uncertainty for foreign investors. For example, according to the plan, by this date, this time will complete the clearance of the site, there…
Concept Pursuant to Clause 14 Article 3 of the Law on Investment 2020, a business cooperation contract (hereinafter referred to as a BCC contract) is a contract signed between investors for business cooperation, profit sharing, product division in accordance with law without establishing an economic organization. Contents of BCC contract according to the Investment Law 2020 –…
With the open door policies, calling for FDI with many incentives of the Vietnamese government today, Vietnam is an attractive destination for foreign investors. In order to create favorable conditions for foreign investors to live and work in Vietnam, Vietnam has quite flexible policies, suitable for each investor in issuing temporary residence cards. Having a temporary residence…
