FLAT Legal Journal
Illustration: carpenter in a wood workshop — Author: The open draft, source Wikimedia Commons (CC BY-SA 4.0). A kitchen-cabinet manufacturer in Binh Dinh shipped to France steadily for…
Read article ↗Illustration: bicycle assembly workshop — Source Wikimedia Commons (Public domain). An industrial pump manufacturer in Hai Phong shipped a 5,200 EUR consignment to Spain and typed an origin…
Read article ↗Illustration: shrimp farm — by Vebra, via Wikimedia Commons (CC BY 3.0). A shrimp processor in the Mekong Delta ships to both Germany and the United Kingdom. Same…
Read article ↗Illustration: garment factory — Author: Tareq Salahuddin, source Wikimedia Commons (CC BY 2.0). A garment exporter in Nam Dinh had shipped apparel to Germany for two years without…
Read article ↗Short answer: Every outward transfer by a foreigner in Vietnam follows one formula: right channel (licensed bank) + right purpose (provable) + right source of funds (documented). This…
Read article ↗Short answer: Yes — execute a written authorization under the 2015 Civil Code, specifying exactly what the authorized person may receive on your behalf. The law does not…
Read article ↗Short answer: When you inherit or receive gifts in foreign currency (USD, EUR…) — whether living in Vietnam or abroad — foreign exchange law lets you choose: keep…
Read article ↗Short answer: Your own money, moving between two accounts in your own name — sounds simple, but legally this is still an outward foreign currency transfer subject to…
Read article ↗Short answer: For cash red envelopes and wedding money among family and friends — no personal income tax. But the answer flips in two cases: (1) “red envelopes”…
Read article ↗Short answer: Yes — but not as “approval for every dong.” Vietnam applies soft controls: individuals may remit money abroad for lawful purposes (including buying assets), but every…
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