Foreign Investors May Be Allowed to Hold 60% Shares

A new decision has been proposed to the Prime Minister with a number of changes that encourage foreign investors to make investment in Vietnam and in the meantime improve the financial market to catch up with international standard. Foreign investors may be allowed to hold 60% shares ANT Lawyers’ foreign investment practice always follow the change in legal environment to assist our client with the best service. First, foreign...

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COSMETIC PRODUCT INFORMATION DOSSIER

Vietnam Law provides that every cosmetic product must get a Product Information File (PIF) when delivered to the market in accordance with ASEAN’s instruction which is saved at the address of organizations or individuals who are responsible for putting the product on the market. The Product Information File involves of the following 04 parts: administrative documents and a summary of product; material quality; product quality and safety, and efficiency.The administrative documents and the summary of product of the Product Information File must...

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Work permit in Vietnam

Foreign employee working in Vietnam is required to have work permit issued by respective Department of Labour, War Invalids and Social Affairs (“DOLISA”) of province or city where the company that sponsor work permit registers the business.   Failing to comply would lead to foreign workers to be deported by Vietnam Public Security at the request of DOLISA.  Vietnam Labour Code and Decree 102/2013/ND-CP effective on Nov 1st, 2013...

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Bussiness consultant in Vietnam

In today's marketplace, companies considering sourcing or selling their products overseas must evaluate many more options than in the past and process greater amounts of information in order to make decisions. Moreover, cultural barriers and newly enacted government regulations make global trade even more of a challenge. We are Ant Lawyers a prestigious Vietnamese law firm that offers a variety of trade, financial, and consulting services to...

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