Updates
MPI report card on Vietnam's 5 Year Plan
- Allens Vietnam
Why having your customs card stamped at the airport can be worth the hassle. What counts towards the '30% rule' in tendering? Another month and more guidance for the trading and distribution sector. Banks face new limits on their use of short-term capital funds. An update on capital accounts. Welcome details on PIT exemptions. Unified advertising regulations for Ho Chi Minh City. Further land regulation changes. Court case commentary - Thu Do II Company Ltd v PT Vindoexim (Indonesia)
More hurdles in the trading and distribution sector
- Allens Vietnam
Vietnam accedes to the UN Convention Against Corruption. Can I contribute my housing contract? Compensation in the event of State recovery of land_x000D_ _x000D_ . A rose by any other name.... What the National Assembly did next - update on capital construction and housing law amendments. Governing the banks - a revised regime. Stimulating news for the tourism sector_x000D_ _x000D_ . Court case commentary - Vi Xuan Truong v People's Committee of Bac Giang Province_x000D_ _x000D_
Calculating severance and redundancy allowances in light of unemployment insurance
- Allens Vietnam
Doing business - World Bank rankings for 2009. The National Finance Supervisory Council. Clarification on key personnel registration for foreign enterprises in Ha Chi Minh City.. More foreign investment regulation - but is it any clearer. At last - confirmation of PIT exemption until 30 June 2009. Implementing regulations for foreign residential ownership - one step closer to reality. A sharper knife in the anti-piracy tool box.. Court case commentary - Veil Infrastructure Ltd v. Duc Hanh Construction, 24 August 2006.
Investing abroad - not as easy as you may think
- Allens Vietnam
Too bad if you can't 'bend it like Beckham'. Exploration and exploitation of oil and gas resources in Vietnam - production sharing contracts, farm-out and security for financing. Change in the offing for investment laws. Good news for overseas Vietnamese wanting to buy houses in Vietnam. A new market for unlisted public companies' shares and bonds. Getting tough on insurance business administrative offences. Clarity on foreign ownership limits for non-listed public companies. Court case commentary - Competition Council re the suspension by Vinapco of fuel supply to Jetstar Pacific
Who's got the power? Unfair business practices? Entrepreneurship - how do countries cultivate it? Public-private partnerships - in Vietnam's future?
- Allens Vietnam
Lawmaking - checks and balances. Importance of 49% foreign ownership rendered nil in JV set-up? Perk for public transport projects. Seals - an archaic but continuing practice. Change in plans for general minimum salary. Court case commentaries
Business lending - government interest rate support
- Allens Vietnam
Vietnam established Industrial Relations Centre. Same idea, new twist. The stock market slide continues. Presentation by Saul Eslake, ANZ's Chief Economist. Securities law update. Apartment contracts - same same but different from house contracts. Bad times at work - some help? Constructive elements. ROs for securities companies. Court case commentaries
The wind-up... or is it wind-down? The joys of everyday lending
- Allens Vietnam
Honey, I shrunk the banks! Land use rights - now you see 'em, now you don't. Taxing matters - busy times at the MOF. And you thought PIT, CIT and VAT were it.... Tech transfer - clarifying decree finally issued. Foreign corrupt practices act
Dividend preference shareholding company - become a major investor with a minor investment
- Allens Vietnam
Striking lawfully. Yours, mine and ours - condo-style. Full rights with less than full contribution?. Tax on securities gains - an inevitable becomes reality. Nitty-gritty on VAT. New decision of foreign investment in the securities market. Probation periods - what a difference a day makes. United Concord International Ltd. v. Radiant Investment Ltd.
Recap - Vietnam Business Forum
- Allens Vietnam
Royalties for music protected by copyright. Trading and distribution sector - additional documentation hurdles. Recognition and enforcement of foreign judgments in Vietnam - a leap forward? _x000D_ . A brave new (tax) world. Unemployment insurance - another new regime for 2009. Legislative calendar. Draft law on advertising. Mineral roundtable _x000D_ _x000D_ . Vietnam Court Case Commentaries_x000D_
Unfair business practices? Long-term leases to foreigners valid? 99% foreign invested not 'feasible'
- Allens Vietnam
Traffic fines by TT . New PIT laws - further clarity but more concerns. Minimum salaries - some same-same, some different. Bankruptcy of Finance Enterprises - a looming prospect. Notarisation fees increased significantly. Vietnam court case commentaries
Legal representative vs. authorised representative - same, same but different? Automatic import permits - another hurdle or a useful market tool? Limited liability companies and registration issues - continued
- Allens Vietnam
Prevailing language clauses - recommended, but not an end-all _x000D_ _x000D_ . Financial crisis - Prime Minister conclusions. Internet services - Vietnam law plays catch up. SOEs for sale. Financial leasing - further flexibility. Real penalties for fraud in goods and services _x000D_ . Draft arbitration law to bring major changes but still not sufficient_x000D_
Registration hurdles - another chapter
- Allens Vietnam
Work permits - not just for work anymore. Colour photocopiers - not allowed for all. SSC watchdog - on the watch . The new face of personal income tax. What's the capital requirement for RE companies. Authentication of documents. Draft MPI circular getting attention. Business, tax and seal registrations unified_x000D_ . Real Estate Terms and Restrictions
Shorter shelf-life for service sector
- Allens Vietnam
Beware the generosity of authorities. Membership at a cost. Continuing saga of foreign investment in Vietnamese companies. Record keeping for companies established in Vietnam. Holding pattern for local bank licensing. Construction safety - Vietnam oxymoron. Re-registration update. Three years and 33 steps ....just to begin the project? Proposed key reforms to toughen securities business licenses. Enforcement of international arbitration awards in Vietnam
Land clearance - difficult post-licensing issue
- Allens Vietnam
Business/asset purchases - why so rare?. Time to reflect on difficult structural reform. Vietnam's 50 year land title compare?_x000D_ _x000D_ . HOSE disclosure requirements. Foreign recruitment firms - finally OK. More on real estate business. Mining depths. Forex agents. E-protection from websites that lead us astray_x000D_ . Intellectual Property Law Map
Corporate governance under the LOE - a few clarifications
- Allens Vietnam
Notarization in Vietnam - not what you might think ... or want! Public company regulators. Business Registration Certificates - everything but the kitchen sink. Cyberspace getting bigger. No extensions. No exceptions. Work Permits - the devil in the details. PIT Law beginning to breathe life. What's new on interest rates?_x000D_ . Import and Export Duties Law Map
A capital idea
- Allens Vietnam
Representative offices - no longer non-taxpayers. Doing a runner post-training. More efforts to clarify distribution sector_x000D_ . Foreigners working in a foreign land - the saga continues. Fluctuation rule of shares. Consumer protection - gaining importance. Security service business open to foreigners. More to the story on fixed-price contracts. New tendering law - stayed tuned. Trading and Distribution Law Map
Navigating the murky LOI and LOE waters again
- Allens Vietnam
Liability - limited or not. Newly published and of interest. 'Thin capitalisation' requirements - still with us? How not to get diluted_x000D_ . Foreign residential ownership - a reality finally, or just more talk. Foreigners working in a foreign land. Rising inflation affecting all sectors [Since writing this article we have learnt that Circular 05 dated 22 February was replaced by Decision 09 of the Ministry of Construction dated 17 April 2008. We include the article on Circular 05 nevertheless, and will report on Decision 09 in our next VLU]_x000D_ . Dispute Resolution Law Map
Public Offers - Vietnam style
- Allens Vietnam
Unlisted companies - another conundrum for foreigners. Update on advance payments. Who's got the vote?. Selected New Legal Instruments. Deadline approaching. Prime Minister calls the shots on inflation. Digital signatures - now available. LOE/LOI report card. Trading and distribution rights - the continuing saga. Labour Dispute Resolution Law Map
Terminating labour contracts - how hard it is? More service sectors open - annual WTO phase-ins
- Allens Vietnam
Company's domicile or owner's patriae? Legal tender . Inflation remedy - compulsory treasury bills. What's the story with quorum and voting requirements? 1.3 Parent-subsidiary guidelines to come. Fine to strike?. Labour Law Map
Another 49% twist
- Allens Vietnam
The medicine man waits, along with others to open a trading branch. Advance payments. Trading unlisted shares of listed companies - is it possible?. Vietnamese investors abroad. Legal roadmap for 2008. ROs and BOs for NBCIs. Land prices:a method to the madness? Foreign owners for Vietnam Airlines. Foreign Investment Flow Chart. Flow Chart - Amendment/Evaluation/Registration
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Legal Terms Bilingual Index
Important Vietnamese legal terms can be looked up, with the corresponding term in the other language presented (Vietnamese <-> English). Very helpful resource for those professionals working in both languages
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