As Vietnam expands as a manufacturing hub, it’s government is mindful of not being viewed as a dumping ground for outdated and poor quality machinery and equipment.
Foreign investors need to be aware of the relevant custom procedures while importing or exporting in Vietnam. Here we explain the step by step process.
We explain the import and export procedures and taxes that foreign investors in Vietnam must pay attention to when setting up a trading company.
In 2018, the Vietnamese government passed numerous laws which are going to come into effect in 2019. Read more to know about the new laws primarily focusing on labor, environment protection, administrative procedures, corruption, and sectors such as education, cybersecurity, agriculture, and civil aviation.
Vietnam released new regulations providing guidance on the procedures for inspection and verification of origin of exported goods, which will be in effect from December 14. Read more to know about the two forms of examination, examination of dossiers, and on-site verification at production establishments.
Vietnam has issued new rules simplifying the administrative procedures for business registration. Read more to know about the new provisions covering the application process, conversion of enterprises, charter capital, business locations, and other registration procedures.
Vietnam has issued a new development strategy for the banking sector until 2025 focusing on banking and monetary regulations, credit institutions, payment systems, and foreign exchange. Read more to know about the overall and periodic objectives the government hopes to achieve by 2025.
Vietnam has tightened the multi-level marketing regulations to minimize fraudulent activities, protect the rights of participants, and increase oversight. Read more to know about the new regulations for conducting multi-level sales.
Registration of technology transfer agreements has been made mandatory since July 1, 2018, which will enable government authorities to keep a track of all transfers.
Vietnam issued new bankruptcy regulations to coordinate the enforcement of bankruptcy decisions by the court. Read more to know about the changes in enforcement deadlines, asset collections, and auctions.