On 23 July 2026, the Government issued Decree No. 296/2026/ND-CP amending and supplementing several articles of Decree No. 168/2025/ND-CP. Driven by digital transformation and administrative simplification, the new decree introduces fundamental changes to enterprise registration, management, and corporate organization. Below are key notable points that enterprises should pay close attention to: I. Absolute Prohibition on […]
Legal Updates
KEY CONSIDERATIONS FOR FOREIGN INVESTORS WHEN ESTABLISHING ENTERPRISES PRIOR TO OBTAINING AN INVESTMENT REGISTRATION CERTIFICATE
09
Jun
Jun
The Law on Investment 2025 introduces a remarkable shift for foreign investors: under certain circumstances, investors are permitted to establish a company before finalizing the procedures for the issuance of an Investment Registration Certificate (IRC). However, investors should take careful note of the following critical aspects prior to utilizing this mechanism. I. Comprehensive Review of […]
Legal Updates
FOREIGN INVESTORS PERMITTED TO ESTABLISH ENTERPRISES PRIOR TO APPLYING FOR INVESTMENT REGISTRATION CERTIFICATE
05
Jun
Jun
Can foreign investors establish an economic organization prior to the issuance of an Investment Registration Certificate (IRC)? What are the requirements for such early establishment? I. Permissibility of Enterprise Establishment Prior to Applying for an Investment Registration Certificate (IRC) Previously, the Law on Investment 2020 regulated the establishment of project-executing enterprises as follows: “Prior to […]
31
Dec
Dec
VLM has reached a significant year-end milestone by successfully concluding the corporate reconstruction and statutory separation of two major enterprises as of December 2025. Each of the newly restructured companies holds a charter capital in excess of 20,000 billion VND (approximately 760 million USD) and incorporates substantial Foreign Direct Investment (FDI) originating from Singapore. The […]
18
Mar
Mar
Up to March 2025, VLM successfully completed 03 notable legal services for 03 different FDI companies: The first achievement, VLM has obtained the Investment Registration Certificate (IRC) for the project of Taiwan with the increasing of its capital and the scale of the project in fields of diapers and tissues manufacturing. Another achievement is also […]
09
Jan
Jan
On 19 December 2024, Lawyer Tran Viet Quan – Managing Lawyer of VLM Law Firm has officially become one of the Arbitrators of The Middle Commercial Arbitration Center (MCAC) with scope of activities and experiences in Investment, M&A, Contracts, Trade law, Company law, Real Estates, Labor, Construction, Education,… Further information announced at follows: https://mcac.vn/tran-viet-quan Commercial […]
Legal Updates
CAN THE CONTRIBUTED CAPITAL BE WITHDRAWN FROM THE COMPANY WHEN THERE IS A DISAGREEMENT?
08
Jan
Jan
The capital contribution in all types of enterprises has been stipulated by law in the Law on Enterprises 2020 (LOE) number of guiding documents. However, in fact, there are still many people who do not understand these regulations, leading to them being confused when problems related to their capital contributions occur. 1. Limited Liability Company […]
30
Dec
Dec
Personnel reduction has become a trend in recent years due to economic and political factors. This wave is increasingly strong when businesses are facing financial difficulties or the decline in market demand leading to many businesses having to reduce personnel to save costs and maintain competitiveness. I. What is personnel reduction? “Personnel reduction” is not […]
23
Dec
Dec
Currently, the limited liability company model is very popular. Business owners choose this type of company due to its many advantages, the most notable being the low risk for business owners and investors, as they are only liable for the extent of their capital contributions. Despite their limited liability, the company must operate effectively and […]
06
Dec
Dec
Commercial franchise (Franchise) is increasingly popular in Vietnam. Some typical franchise models of Vietnamese businesses include Trung Nguyen, Pho 24, Kinh Do Bakery, Ninomaxx fashion, Bobby Brewers coffee business… Business development by franchising method brings many benefits to the franchisor as well as the franchisee. So, what is a franchise? What are the conditions for […]
