How to Close a Business in Vietnam?

 All corporations, companies, partnerships, branch offices, representative offices and other business entities are legal entities in Vietnam which can only be dissolved through formal procedures. The following will be discussing about how to close a business in Vietnam.What are the major challenges with closing a business in Vietnam?The main thing to remember throughout the process is that the dissolving company, a branch office or a representative office, one should pay close attention to the involvement of all key stakeholders, i.e....

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Why employee background check is important?

 Risk of wrong hiring without employee background check in VietnamIt has been increasingly important for employer to understand about the employee through employee background check in Vietnam to reduce potential hiring risks.The risk of wrong hiring could be accessing the wrong talent, exposure to criminal activities, legal issues, reputation matters that impact the business, workforce or customers.It is understandable that if applicants are dishonest in how they obtained a job, they may be dishonest once they have the job....

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How to Start a Business in Vietnam as a Foreigner?

 Why to start a business in Vietnam?In recent years, Vietnam has become an attractive destination for foreign investment thanks to its advantages of security, political stability, and favorable geographical position to trade with the world. This is both the connection center of the region and the gateway to penetrate the economies in the western region of the Indochina Peninsula. In addition, the Vietnam government has increasingly been offering more preferential policies to create favorable conditions for foreign investors to start doing...

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Potential risk of online transaction in Vietnam and its consequences

 The 4.0 Industrial Revolution has developed significantly, which results in the transformation and breakthrough of all areas of the globe. Besides, the Internet and social network has got more popular and become an indispensable part of modern life. Online business, therefore, is formed and conducted the most frequently on social networking platforms. In the process of doing online business on this platform, many potential risks arise and depending on the situation, the people taking part in the transaction might need to involve the business...

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Background Check Service in Vietnam

 Why need the background check service in Vietnam?Vietnam is a developing countries where opportunities are coupled with risks. Risks in Vietnam could appear in different forms i.e. risks in doing business with untrustworthy partners or incapable partners, risks in employing the wrong people or people with criminal record, risks in buying goods from scammers…Hence for the significant transactions, many companies hire professional to assist with background check service in VietnamVietnam has been strongly attracting direct investment capital...

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Lawyers in Ho Chi Minh City

 With the increasingly strong socio-economic development, the role of law in society is increasingly emphasized, especially in Ho Chi Minh City – the economic locomotive of Vietnam, a dynamic city.Therefore, the demand for reputable and quality legal services from individuals, organizations and businesses is always high.General requirements of our lawyers in Ho Chi Minh CityOur lawyers in Ho Chi Minh City, like in many other places, typically hold certain qualifications and credentials that enable them to provide legal services to clients.In...

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Set up Representative Office in Vietnam

 ANT Consulting offers service to set up representative office in Vietnam for foreign traders whom wish to learn about Vietnam markets and make investmentA foreign business entity or a foreign trader is allowed to establish Representative Office in Vietnam.Representative office of a foreign business entity in Vietnam (referred as “Representative Office”) means a subsidiary unit of the foreign business entity, established in accordance with the law of Vietnam in order to survey markets and to undertake a number of commercial enhancement activities...

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M&A Due Diligence and Execution in Vietnam

 Merger and Acquisition (M&A) activities in Vietnam have been rapidly increasing over the the years in value and number of transactions when Vietnam’s opening policies to attract foreign investments loosen up. The M&A due diligence and execution are therefore important steps to ensure a successful transaction.For foreign investors wishing to take advantage with a certain level of risks in Vietnam where the cost of labour are cheap, mid-income populations are growing, and the need of capital are high, it is important to find...

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What Criminal Violations in Stock Exchange in Vietnam?

 Along with the increasingly diversified securities activities, the criminal violations in the stock market are also becoming more and more sophisticated and complex. The securities lawyer in Vietnam is sharing some opinions on the practice of criminal violations in stock exchange in Vietnam to avoid.Although in Vietnam, violations and crimes committed in the securities sector still account for a small percentage compared to other fields, but these white collar crimes have directly negatively affected trading activities in the market,...

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Granting Investment Registration Certificate in Vietnam

 As Vietnam integrates further into the global supply chain, foreigners are more and more encouraged to invest in Vietnam in many areas for pursuing profit. The foreign direct investment of the foreigners is required to be registered at Vietnam state authority to protect the rights of the investor. The investors could then establish company in Vietnam and apply investment certificate in VietnamAccording to the Law on Investment, investment projects of foreign investors; projects of setting up a economic organization in which foreign...

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When Will Foreigner Need Criminal Background Check in Vietnam?

 Many countries including Vietnam have regulations in place to ensure the safety and security of its citizens and visitors. One such measure is the requirement for individuals to provide a criminal background check in Vietnam certain situations. In this article, we will explore when and why foreigners may need a criminal background check in Vietnam, the application process, and the significance of this essential document.Criminal Background Checks in Vietnam for Visa and Immigration PurposesFor many foreigners, the first step to embarking...

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Six benefits for investors to set up company in Hanoi

 Along with the trend of integration in the world, Vietnam is considered a country with rapid and strong growth, in which, industrialization and modernization are focused on developing a uniform set and achieve high performance. Hanoi and Ho Chi Minh City are considered the two cities and dynamic development in Vietnam. The investors would choose to invest and set up company in Hanoi because of the benefits the city could offer.First, the skilled labor force for hiringHanoi is considered a capital with a longstanding historical developed...

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How To Conduct Legal Due Diligence for M&A in Vietnam?

 Mergers and Acquisitions (M&A) has become popular in Vietnam as the country develops and more investors are eager to invest and gain control of the business enough to engage in, decide important business matters through partial or full ownership of an enterprise. As experience of M&A law firms in Vietnam, a successful M&A mean the parties achieve their financial and commercial goals (increasing capital, raising management capacity, branding, etc) and ensuring safety and restraint the risk at the lowest level. The legal due...

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5 benefits for investors to set up company in Danang

 As one of the strategic economic centers of Vietnam’s central region, investors might find many benefits to set up company in Da Nang.The Vietnam prime minister has established central region’s strategic economic center, including 05 provinces and cities: Thua Thien Hue, Da Nang, Quang Nam, Quang Ngai and Binh Dinh to promote potential, geographical location and competitive advantages and step by step develop this economic region to become one of the most dynamic economic region in the country. In particular, Da Nang is defined as the role...

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