Lexsol Law Firm

According to statistics from the Ministry of Planning and Investment, in 2023, there were investments from 111 countries and territories in Vietnam. Among them, Singapore led with a total investment of over 6.8 billion USD, accounting for 18.6% of the total foreign investment in Vietnam and an increase of 5.4% compared to the same period in 2022. This indicates that Vietnam is increasingly attracting foreign investment, especially from Singaporean investors. Additionally, the information technology sector is a field that Vietnam has opened up for market competition, allowing Singaporean investors to establish companies with 100% foreign capital in Vietnam.

The operation of restaurants outside shopping malls in Vietnam by foreign investors opens many opportunities to access the domestic consumer market, but simultaneously carries significant legal risks if specialized regulations are not clearly understood. From a practical consulting perspective, Lexsol shares critical legal notes to assist investors in operating restaurants in compliance with the law and achieving operational efficiency.

When carrying out overseas investment activities, Vietnamese individuals and organizations are required to strictly comply with and duly submit certain statutory reports in order to avoid administrative violation risks arising from non-compliance with the outbound investment reporting regime. Lexsol advises investors on the key reporting obligations that must be observed as set out below.

Vietnam offers numerous opportunities for U.S. investors in the technology consulting sector; however, establishing a business here requires strict compliance with investment conditions and procedures under Vietnamese law. Lexsol clarifies critical legal matters that investors need to consider.

At present, enterprises commonly retain investors’ after-tax profits and record capital increases through profit capitalization or the issuance of stock dividends in order to expand their capital base. Lexsol advises investors and enterprises on these matters and outlines the compliance obligations to be observed when implementing such arrangements.

Charter capital is not only the basis for establishing the financial liability of an enterprise but also directly affects the rights and obligations of owners, capital contributing members, and shareholders. The failure to fully contribute charter capital within the statutory deadline can entail serious legal consequences that enterprises often overlook.

Against the backdrop of Vietnam’s increasing appeal to foreign labor, residing and working in Vietnam is not only about career opportunities, but is also inextricably linked to stringent legal requirements with which foreign employees must strictly comply. The following article by Lexsol will assist both foreign employees and their employers in navigating and clarifying critical legal matters of concern.

During the establishment and operation of a business, the Company Charter serves as the "legal framework" governing the methods of organization, management, and administration. This is a crucial document that directly impacts the rights of members and shareholders, as well as the stability of the enterprise. Cursory drafting or failing to update the Charter to reflect the company's actual operations can easily lead to governance and legal risks.