#vietnam

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_ […]

MEASURES TO PREVENT MONEY LAUNDERING PURSUANT TO CIRCULAR NO. 09/2023/TT-NHNN INSTRUCTIONS ON THE LAW ON ANTI-MONEY LAUNDERING

Abstract: Measures to prevent and combat money laundering according to the Circular guiding the Law on Anti-Money laundering and the impact of this Circular on financial and non-financial organizations. Key words: #law_on_anti_money_laundering #measure #compliance #requirement #reporting #KYC #KYB #customer_due_diligence #law_firm   Recently, the State Bank of Vietnam has just issued Circular 09/2023/TT-NHNN (“Circular 09/2023”) guiding […]

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 […]