Vietnamese Legal Framework on setting up foreign invested company (FIC)

The establishment of a FIC in Vietnam shall require an Investment Certificate (IC) and Certificate of Business Registration (BRC) from competent authority. We would like to further note that licensing procedure for setting up a FIC in Vietnam is rather longer in comparison with other countries in region. Under Vietnam Investment Law 2014, within 15 […]

Dissolve cooperatives that do not operate or operate ineffectively

In order to create favorable conditions for cooperative development, contributing positively to economic restructuring, implementing industrialization and modernization of the country, hunger eradication and poverty reduction, especially in agriculture and rural development…on July 24, 2015, the Prime Minister issued the Directive No. 19/CT-TTg on promoting the implementation of the Law on Cooperatives. At the Directive, […]

In the period 2016 – 2020, the export of goods increases 11%/year on average

The Prime Minister has just signed the Decision No. 1233/QD-TTg dated 1233/QD-TTg of the Prime Minister approving the import management scheme by 2020 in conformity with the international commitments with the vision to provide guidance on import management activities in order to meet the objectives stated in the strategy for export and import of goods […]

Banks allowed to transfer loans into capital stock

In accordance with the Circular No. 11/2015/TT-NHNN of the State Bank of Vietnam providing guidelines on handling with loans of agriculture and forestry companies when restructuring, renovating according to the Decree No. 118/2014/ND-CP dated December 17, 2014 of the Government, credit institutions shall agree with agriculture and forestry companies to transfer loans into capital stock […]

Guidance on electronic tax transactions

The Ministry of Finance has just issued the Circular No. 110/2015/TT-BTC dated July 28, 2015 on electronic tax transactions. In accordance with this Circular, The taxpayer who has declared tax electronically must also make other transactions electronically, If the error is caused by the taxpayer’s system, the taxpayer must deal with it or contact the […]

Publicization of information on handling of enterprises committing violations of law

On May 28, 2015, the Joint-ministries: the Ministry of Planning and Investment, the Ministry of Finance and the Ministry of Home Affairs issued the Joint Circular No. 04/2015/TTLT-BKHDT-BTC-BNV issuing the model Regulation on coordination among functional agencies in provinces and centrally run cities in the state management of enterprises after establishment registration, in order to […]

Intellectual property law firm in Vietnam

We “SBLAW” have been widely appreciated as a leading IP law firm in .Vietnam Backed by our capabilities, we have been able to offer cutting-edge solution to corporations, individuals and international entities across the globe. Our workforce comprises eminent lawyers and advocates having expertise in handling matters before the District Courts, High Court, Tribunals, Commissions […]

International Awards for SB Law

(SB Law) The professional performance and services provided by SB LAW has been highly recommended by law firm rankings organizations: –     SB LAW is proud to be awarded by ASIALAW Profiles – the world a reputable organization on ranking the leading domestic law firms in Asia Pacific. The ranking are based on the recommendations […]

LEGAL 500 recommends Lawyers of SB Law in the field of banking and finance

SB Law Firm acts for clients such as the Industrial and Commercial Bank of China (Hanoi branch), Military Joint Stock Commercial Bank and DBS Bank. Kavitha Kannan joined the team in October 2012 to assist in growing the firm’s Indian and Commonwealth client base. Tran Trung Kien is a name to note. Link from Legal500: http://www.legal500.com/firms/34141/offices/34428

Lawyers of SB Law are recommended by Legal 500 in the field of intellectual property in 2014

The two-partner team at SB Law Firm represents clients such as VSTV, LG and Daio Paper Corporation, and has recently added PVFC, Watts Regulator Company and Panera LLC to the roster Key highlights included advising China Railway No.8 Engineering Group on applying for patents for industrial designs and inventions; acting for PVFC on registering trademarks globally; and […]

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