Pros And Cons Of Living In Vietnam For Expats - So you’ve been thinking of moving to Vietnam, but still weighing the good and the bad. Two years ago, I thought I’ll stay in Vietnam just for three months to complete my volunteering project in beautiful Nghe An province, but I ended up calling Vietnam my home. It was so unexpected and unplanned, but I can’t be happier with that decision. I am so fortunate to have a chance to live in different places around the country, including one of the poorest provinces, Nghe An and one of the fastest developing cities, Da Nang.
Whether you want to start an LLC, JSC, franchise or any other sort of local entity in HCMC, there are myriad problems – from cultural precautions to transparency to taxes – that ultimately drive away the uninitiated.
Copyright is stipulate in particularly in Civil code, Law on Intellectual Property 2005, amended and supplemented in 2009 and Decree No.100/2006/NN-CP: Detailing And Guiding The Implementation Of A Number Of Articles Of The Civil Code And The Intellectual Property Law Regarding The Copyright And Related Rights.
When setting up a trading company in Vietnam, beside other conditions, the foreign investors have to prove experience in the trading area. Areas such as banking, financial services, real estate, security services will require a minimum investment. Foreign investment lawyers should be consulted for advice on investment licensing matters.
Depending on investment business lines, investment conditions, scale of the projects, where investment project is located, other Vietnam State authorities would be involved. MPI in Vietnam takes charge of developing legislation, guiding, consulting and coordinating with other State authority in regard to all investment in Vietnam. Foreign investors apply for investment license at MPI which is acting as the contact point. People’s Committee will be the government body that administer investment activities within its city or province and issue the investment license to the foreign investor.