According to recent surveys, a growing number of foreigners are choosing Vietnam as a destination for retirement, travel, or long-term residence and business activities, which has led to a significant increase in the demand for foreigners to rent houses. As per our practice, we have encountered the numerous disputes and disagreements between landlords and foreign [...]

Policies Investors are entitled to carry out business investment activities under the provisions of the Law on investment and other relevant regulations; given the right to access and make use of loan capital, assistance funds, land, and other resources as prescribed by law. The ownership of assets, capital, income, another the lawful rights and interests [...]

b) Multi-member limited liability company A multi-member limited liability company has legal status, whose members can be organizations or individuals. Capital contributors are responsible for the liabilities and other property obligations of the enterprise up to the amount of contributed capital to the enterprise. Among the types of enterprises permitted to operate in Vietnam, a [...]

Type 1: Establishing economic organizations. This is a type of direct investment in which investors directly invest their capital and directly participate in management activities. This type of investment is relatively complicated, requiring stricter investment procedures than other types of investment. There are four common business forms: Single-member limited liability company. Multiple-member limited liability company. [...]

“Foreign investor means an individual holding a foreign nationality or an organization established under foreign laws and carrying out business investment activities in Vietnam”. (Article 3 Law on Investment 2020) Thus, foreign investors can be foreign individuals or legal entities investing and doing business in the Vietnamese market. Foreign-invested economic organization means an economic organization [...]

1. Political stability Vietnam has made remarkable progress in all aspects over the years, increasingly asserting its important role in the region and in the world. Vietnam’s legal system is highly appreciated for an open business environment, transparent investment guidelines, and favorable profit-based incentives for businesses. In addition, Vietnam has actively participated in numerous free [...]