Legal Updates

SUMMARY AND ASSESSMENT ON THE COURT’S JUDGMENT NO. 02/2018/QD-KDTM REGARDING THE CONSIDERATION OF A REQUEST TO ANNUL AN ARBITRAL AWARD

Abstract: This article provides a concise overview of the key content of Judgment No. 02/2018/QD-KDTM dated 25 January 2018, issued by the People’s Court of Hanoi (“Court“) regarding the consideration of a request to annul an arbitral award. Accordingly, the Court annulled the arbitral council’s arbitral award by asserting that there was no arbitration agreement […]

Legal considerations for investing in Vietnam

Before investing in Vietnam, besides market, infrastructure and labor factors, Japanese investors should pay attention to the following legal issues: 1. Types of enterprise In Vietnam, there are five types of enterprise including joint stock company, one-member limited liability company, multi-member limited liability company, partnerships, and sole proprietorships. The following are the most prevalent forms […]

Charter Capital: Some considerations should be kept in mind when establishing an enterprise in Vietnam

Investment capital for establishing a business plays an important role to foreign investors in general and Japanese investors in particular (Hereinafter referred to as “Investors”) who aim to enter the Vietnamese market. Therefore, an adequate knowledge of the statutory provisions on charter capital applicable to all types of businesses is essential to the Investors. First […]

Investment incentives in Vietnam

In order to encourage and attract investment, Vietnam has issued many investment preferential policies for investors. Based on the nature of the project such as industry, implementation location, objectives, and capital size, the project will be entitled to different forms of investment incentives, which may include (i) Incentives for corporate income tax (hereinafter referred to […]