Buy-Now-Pay-Later for Online Shopping: Credit Contracts
Scenario: Ms. Dung buys a VND 15 million phone via a “buy now, pay later” service: VND 3 million down, the rest in 6 instalments. In month four…
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Foreign Investment
Projects with State Capital Alongside Foreign Investors: Special Procedures
When a project combines Vietnamese State capital with a foreign investor’s capital, the procedural puzzle is no longer ordinary investment procedure plus one more partner. State capital brings…
Read article ↗Multiple Investors in One Project: How Are Names Recorded on the IRC?
Large FDI projects rarely have a single investor: they are usually consortiums of two or three foreign investors, or a combination of a foreign investor with a Vietnamese…
Read article ↗IRCs for BCC Projects: Issuance to Contract Parties
A business cooperation contract (BCC) is a distinctive investment form: the parties cooperate to run a project and share its results without establishing a new economic organization. Precisely…
Read article ↗IRCs for Capital Contribution/Share Purchase Investments: Needed?
Many foreign investors are surprised to learn that buying shares in an operating Vietnamese company is not the same as applying for an Investment Registration Certificate (IRC) for…
Read article ↗Authorizing Lawyers/Consultants to File IRC Dossiers: Power of Attorney Templates
Most foreign investors do not file their own application for an Investment Registration Certificate (IRC): they authorize a lawyer or consulting firm in Vietnam to run the whole…
Read article ↗Certified Copies in Investment Dossiers: New Rules
In an application for an Investment Registration Certificate (IRC), few details cause as much needless delay as the certified copies. An investor’s passport certified at the wrong place,…
Read article ↗Investing in Vietnam or India: Comparing Labor and Operating Costs
India is the “giant versus compact” comparison: 1.4 billion people, the world’s largest engineer pool and a domestic market no ASEAN country can match — in exchange for…
Read article ↗Tax Incentives and Incorporation Procedures Compared: Vietnam vs Philippines
The Philippines rebuilt its entire incentive system with the CREATE Act in 2021 and placed its PEZA economic zones at the centre of its export-manufacturing strategy. This article…
Read article ↗Investing in Vietnam or Philippines: Comparing Labor and Operating Costs
The Philippines is the competitor Asian manufacturers overlook most in this comparison group, yet it is the region’s only country where English is an official language of administration…
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