Technology transfer in Vietnam
There are practical support and incentives applicable to investors conducting technology transferring activities in Vietnam. Understanding ‘technology transfer’ Technology transfer is the transfer of ownership rights or usage rights of a part or whole of a technology from a party eligible to transfer the technology to a technology transferee. Transfer of technology ownership rights […]
Work permits for expats in Vietnam
To be able to work in Vietnam, foreign nationals must obtain a work permit granted by competent State authorities. Work permit requirements Foreign nationals being managers, chief executive officers, experts, or technicians. Specifically: Managers: Business managers: partnership members; Chairmen and members of Members’ Councils; Chairmen and members of Board of Directors; Directors or General […]
Franchising in Vietnam
In recent years, hundreds of international franchises have registered to conduct commercial franchising activities in Vietnam. In addition, a number of Vietnamese brands such as Trung Nguyen Coffee, T&T Fashion and Pho 24, have also franchised overseas. Franchising conditions Conditions applicable to the Franchisor The business system intended for franchise has been in operation for […]
How to deploy promotion activities legally in Vietnam?
Since promotion activities can be quite costly, enterprises are encouraged to gain a good knowledge of Vietnamese regulations in order to implement effectively and correctly. Forms of promotion Giving free samples of goods or providing free samples of services to customers for trial use. Head & Shoulders offers free samples of shampoo Presenting goods as […]
How to advertise legally in Vietnam?
Since it can be quite costly to conduct advertising activities, investors are advised to learn about relevant Vietnamese regulations to prevent unwanted violations. How to advertise legally Commercial advertisements containing subjects eligible for protection of intellectual property rights must be consented by owners of such subjects. Example: The commercial for Evian Mineral Water featuring […]
Do you have to register or notify your websites in Vietnam?
All e-commerce websites must be registered or notified to the Ministry of Industry and Trade according to the law. Is your website an e-commerce website? E-commerce websites are websites that serve a portion or the whole process of the following activities: purchasing and selling of goods or provision of services; from display and introduction of goods or […]
Charter capital increase and decrease in Single-Member Limited Liability Companies in Vietnam
Understanding ‘charter capital’ Charter capital of a Single-member Limited Liability Company means the total value of assets contributed or committed to be contributed by the owner upon establishment of the company. Charter capital of an enterprise is formed by various assets contributed as capital by its owner, such as money, property rights, intellectual property rights, […]
Charter capital increase and decrease in Joint Stock Companies in Vietnam
Understanding ‘charter capital’ Charter capital of a Joint Stock Company is the total par value of sold shares. Charter capital of a Joint Stock Company at the time of establishment is the total aggregate par value of shares registered for subscription and recorded in the Corporate Charter. Charter capital of an enterprise is formed […]
Charter capital increase and decrease in Multiple-member Limited Liability Companies in Vietnam
Understanding ‘charter capital’ Charter capital of a Multiple-member Limited Liability Company means the total value of assets contributed or committed to be contributed by its members upon establishment of the company. Charter capital of an enterprise is formed by various assets contributed as capital by its members, such as money, property rights, intellectual property rights, […]
Organize and participate in commercial fairs and exhibitions in Vietnam
Organizing and participating in trade fairs and exhibitions bring opportunities to effectively promote sales and brands. Who can organize and attend trade fairs and exhibitions? Vietnamese traders and branches of Vietnamese traders, such as: joint stock companies, limited liability companies, private enterprises, branches of joint stock companies, and branches of limited liability companies, etc. Vietnam-based […]