HCMC has 400 household businesses upgraded into firms

There have been 413 household businesses upgraded into firms in HCMC this year as the city has been trying to persuade household business owners to register as companies. A report on the city’s economic performance showed January-May has seen 15,500 enterprises in the city receiving business registration certificates with total registered capital of VND193.8 trillion (about US$8.53 billion), up 10.4% and 54.2% respectively. Meanwhile,...

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Maritime Insurance: Complexity and Disputes

In the insurance sector, the insurance of goods transported by sea is much more complex and causes most disputes in the process of claim settlement. Marine  insurance  is  the  insurance  operations  related  to  the  operation  of  the ship, the  human or the  goods are transported on the sea or the  insurance operation risks at sea, on land, in river relating to sea voyage The...

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Decree No. 30/2013/ND-CP on aviation business and operations

On Apr 8th, 2013, the Government issued Decree No. 30/2013/ND-CP on business air transport and general aviation operations to replace Decree 76/2007/ND-CP dated May 9th, 2007. The new Decree regulates on conditions and procedures for granting business permits for air transport, general business aviation license for commercial purpose, registration certificate of general aviation operation for commercial purpose, the use of brand, franchise businesses...

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When Will Foreigner Need to Obtain Criminal Record?

In the process to grant the work permit for foreigner working in Vietnam, it is required the foreigner to have the criminal record in their dossier. Foreigner applying for criminal record to obtain work permit in Vietnam is divided into 2 cases. In the first case, foreigner who is in foreign country or in Vietnam less than 06 months has to apply for criminal record in foreign country. The laws of each country are not the same therefore the...

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Transfer of Investment Projects in Vietnam

What steps to be taken to transfer an Investment Project in Vietnam? Under the current Law on Investment, investors are entitled to transfer part or all of the project to another investor when satisfied the specific conditions and conducting to procedure of project adjustment under the regulation of law. The conditions of project transfer The project is not terminated in the cases as prescribed in Clause 1 Article 48 of Law on investment; Investment...

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How to Oppose Applications for Registration of the Mark Protection in Vietnam?

Vietnam Law on Intellectual Property allows any third party to have right to denounces the opposition of trademark applications for registration which have identical or confusingly similar signs. As from the date an application for registration of mark is published in the Official Gazette of Industrial Property up until prior to the date of issuance of a decision on grant of a protection title, the third party shall express the opposition to the...

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Forms of Investment in Vietnam

Foreign investors when setting up business in Vietnam need to be advised by a law firm in Vietnam on forms of investment. According to the Vietnam Law on Investment (2005), foreign investors can invest in Vietnam through direct investment and indirect investment. The direct investment is when the investor invests its invested capital and participates in the management of the investment activities, includes: – To establish economic organizations...

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CPC Code – Foreign Investors Need to Know in Vietnam

Once a foreign investor wishes to invest in Vietnam, they not only need to be well-informed about investment environment, incentive, labor, State policies, but also need to know about CPC code. Each specific service is fixed with a provisional Central Product Classification (called CPC code) belonging to Central Product Classification of United Nations. In the Schedule of Service Commitment under WTO Commitment, all services which Vietnam commits...

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How to Handle Rejection of International Trademark Registration In Vietnam By The NOIP?

The procedure to register a trademark in Vietnam is carried out at the National Office of Intellectual Property of Vietnam (NOIP). The duration calculated from the full receipt of the dossier to the announcement is at least 12 months, or it can be expended from 16 months to 18 months. However, in many cases, NOIP could send a notice on its intended refusal of the trademark application because of the following reasons: There are grounds to affirm...

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Granting Investment Registration Certificate in Vietnam

How to obtain an Investment Registration Certificate in Vietnam? As Vietnam integrates further into the global supply chain, foreigners are more and more encouraged to invest in Vietnam in many areas for pursuing profit.  The foreign direct investment of the foreigners is required to be registered at Vietnam state authority to protect the rights of the investor. According to the Law on Investment 2014, investment projects of foreign investors;...

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How to Apply for Birth Certificate for Newborn in Vietnam?

How to overcome challenges to apply for birth certificate in Vietnam? For children of foreigner and Vietnamese born in Vietnam, the procedure to apply for birth certificate in Vietnam is carried out at the Vietnam’s provincial Department of Justice. In today’s globalized world, it has become more common that people from different cultural backgrounds travel, and meet their spouse.  Their children were born with happiness however they would...

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