Enterprise - Investment

Vietnam: Can an enterprise have multiple legal representatives?
15:30, 10/07/2024
Based on the nature of the work and the scope of authority, the legal representative must bear significant responsibility. Therefore, some enterprises are concerned about whether an enterprise can have more than one legal representative to share the responsibility.

Important notes when entering into a sale of goods contract in Vietnam
15:27, 10/07/2024
During the process of executing sales contracts, certain mistakes may occur, leading to the contract being unenforceable or disputes arising during the execution. Therefore, when executing domestic sales contracts, certain issues should be noted as follows.

Enterprises in Vietnam Need to Note These 16 Points When the 2019 Labor Code Takes Effect
14:55, 10/07/2024
What shall enterprises in Vietnam pay attention to when the 2019 Labor Code comes into effect? This is a question that Lawnet has received quite frequently recently. Lawnet would like to provide an explanation of this issue in the article below.

Templates for Online Contractor Selection Bidding Documents from September 01, 2020
14:50, 10/07/2024
Recently, the Ministry of Planning and Investment issued Circular 05/2020/TT-BKHDT amending and supplementing certain articles of Circular 04/2017/TT-BKHDT detailing the selection of contractors through the National E-Bidding System.

04 new points about enterprise's seals in Vietnam effective from January 01, 2021
14:49, 10/07/2024
The corporate seal represents each business and is used to distinguish between businesses. Below are 04 new points about enterprise's seals in Vietnam that will be applied from January 01, 2021.

From 2021, What Types of Business Entities Can Private Enterprises Convert To?
14:49, 10/07/2024
Private enterprises are a very common type of business entity in Vietnam. However, during their operation, many private enterprises have been looking to expand their business and wish to change their business entity type. Effective from January 1, 2021, private enterprises will be allowed to be converted into limited liability companies (LLC), joint-stock companies (JSC), and partnerships.

A fine up to VND 10,000,000 shall be imposed for failing to make pay record books in Vietnam
14:45, 10/07/2024
This is a notable content regulated in Decree 28/2020/ND-CP on administrative penalties for violations arising from labor, social insurance and sending Vietnamese workers abroad under contracts, effective from April 15, 2020.

Fine up to VND 30 million for Enterprises Applying Multiple Disciplinary Actions for a Single Act
14:45, 10/07/2024
This is a newly added provision in Decree 28/2020/ND-CP regulating administrative penalties in the fields of labor, social insurance, and sending Vietnamese workers to work abroad under contract, effective from April 15, 2020, replacing Decree 95/2013/ND-CP.

Fine up to 30 Million VND for Enterprises Employing Persons Under 15 Years Old to Work at Night
14:45, 10/07/2024
This continues to be one of the new contents added to Decree 28/2020/ND-CP on the sanctions for administrative violations in the fields of labor, social insurance, and sending Vietnamese workers abroad under contracts, which took effect from April 15, 2020, replacing Decree 95/2013/ND-CP.

Law on Enterprises 2020: Changes in Capital Ratio in State-Owned Enterprises
14:23, 10/07/2024
Change in State-owned Enterprise Capital Ratio from January 01, 2021 – This is one of the notable new contents in the Enterprise Law 2020 recently passed by the 14th National Assembly of Vietnam in the 9th session.