Implementation of new investment projects 1. Implementation of projects with lease and assignment of land For investment projects requiring the use of land, investors shall contact competent land management agencies of the localities where projects are to be executed in order to carry out land assignment or land lease procedures. The process and procedures for [...]
Domestic investment projects With respect to domestic investment projects which have an invested capital of below fifteen (15) billion Vietnamese dong and which are not included in the list of sectors of investment subject to conditions, the investors shall not be required to perform the procedures for investment registration. With respect to domestic investment projects [...]
Direct investment Direct investment projects can belong to one of the following investment types: Establishment of economic organizations in the form of 100% domestic owned or 100% foreign owned Investment under contractual forms of BCC, BOT or BT contracts Investment for business development (expansion of production capacity or for technology renovation..) Purchasing shares or to [...]
Vietnamese banking and credit system consists of Central Bank – also referred as Vietnam State Bank and other banks. The Vietnam state bank executes the state management role relating to currency and banking activities. It issues money and deals with monetary associated services for the government as roles of the state banking management agency as [...]
Any dispute relating to investment activities in Vietnam shall be resolved through negotiation and conciliation, or shall be referred to arbitration or to a court in accordance with law in case it could be resolved through negotiation and reconciliation. Conflict resolution through arbitration The Vietnam 2003 ordinance on Arbitration stipulates that conflicts shall be resolved [...]
Vietnam Law on Competition is effective since July 1st 2005. Compared to other countries, the issuance of this law late, however the law covers some progressive regulations, especially modifications relating to behaviors and actions by the state owned enterprises which are not yet regulated by other countries. The competition Law has created a fair ground [...]
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