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5 Sep 2023

Some highlights in the draft amendment of Decree 81/2018/ND-CP on sales promotion activities

Abstract: Decree 81/2018/ND-CP provides detailed guidelines for the 2005 Commercial Law on activities including sales promotion, trade fairs and exhibitions. The draft amendment to Decree 81/2018/ND-CP primarily focuses on revising regulations regarding sales promotion activities with the purpose of simplifying administrative procedures for notification of sales promotion and facilitating businesses. Key words: #promotional_product #sales_promotion_programs #notification_of_sales_ […]

15 Aug 2023

Investment incentives in Vietnam – In what cases the foreign investors are eligible for?

Currently, the Government of Vietnam has issued various investment incentive policies for the purpose of attracting foreign investors to invest in Vietnam. Therefore, when the foreign investors implement an investment project in a business area that is eligible for investment incentives, they will be entitled to one or more of the following incentives:[1] Pursuant to […]

15 Aug 2023

Forms of investment support entitled to foreign investor when investing in Vietnam

Through investment support, the Government of Vietnam creates opportunities for foreign investors to enjoy certain favorable financial conditions, technical infrastructure, science and technology for the purpose of attracting domestic and foreign investment. According to the Law on Investment 2020, investment support is provided for hi-tech enterprises, science and technology enterprises, science and technology organizations, enterprises […]

1 Aug 2023

Business areas prohibited under the laws of Vietnam

“Enterprises are free to do business in any business areas that are not prohibited by law” is one of the statutory rights of the enterprises[1]. Law on Investment 2020 provides a list of prohibited business lines that all domestic and foreign investors must comply with. Pursuant to Article 6 of Law on Investment 2020, there […]