Enterprise & Investment
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Recovering Funds from Investment Scams in Vietnam
- 24 October 2025
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- by Stephen Le
Vietnam’s rapid growth has brought not only opportunity, but also risk. From fake real estate deals to crypto scams, investment fraud in Vietnam is becoming more sophisticated and harder to spot. Victims who delay often face complete loss but those who act quickly and strategically may still recover funds. In this post, Stephen Le explains the most common types of scams, the legal framework for recovery, and the practical steps investors should take to protect themselves.
Key Questions on Workplace Democracy Regulations
- 21 April 2025
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- by Hannah Huynh
Question 1: Why do workplace democracy regulations matter? The Government of Vietnam requires higher standards of democracy to fulfill its commitments regarding labor standards in free trade agreements, including the EU-Vietnam Free Trade Agreement and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. As a result, starting from January 1, 2021, the Labour Code of 2019 and its implementing provisions mandate dialogues in the workplace and the establishment of democratic regulations. In addition to annual periodic...
Franchising – A Safe Business Trend
- 13 August 2024
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- by Jane Pham
Well-known international brands like Starbucks, McDonald’s, and KFC, or domestic chains such as Coop Food, GS25, FPT, and Kinh Do, are present in the Vietnamese market thanks to franchising. In the 4.0 technology era, franchising is no longer unfamiliar. The ability to create stronger, faster, and more convenient commercial and financial networks has incentivized many more businesses to capitalize on the stable sources of revenue franchising can provide. It is also considered an extremely effective, safe,...
Common Barriers Encountered In Business Acquisition Transactions
- 07 August 2024
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- by Jane Pham
In the growing climate of global economic integration, mergers and acquisitions (M&A) have seen a rise in frequency. M&As serve to create new development opportunities for businesses, expand scale, and enhance the competitiveness of enterprises in the market. The potential generated from mergers and acquisitions can be significant, offering improvements in time, human resources, and optimal strategic planning, attracting the participation of businesses when developing new strategies and plans. Although most M&A transactions can bring several...
Legal Risk Management: A Strong Foundation For Business Development
- 31 July 2024
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- by Vania Van
Legal Risk Management: A Strong Foundation For Business Development During a business’s operation and development, risk control is always a crucial consideration. Not just in business strategies, but also in managing legal risks. Unlike other types of risks, legal risks are long-scope considerations, with damages difficult to determine. This makes them hard to manage without proper guidance. Enterprises are allowed to trade in all types of goods and services not prohibited by law. However, all enterprises...
The Secrets of Working in Vietnam: What You Need to Know Before You Go
- 09 January 2024
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- by Huy Tran
Vietnam, with its rapidly growing economy and rich cultural heritage, offers a unique and exciting opportunity for professionals seeking employment abroad. However, understanding the nuances of the Vietnamese job market and adapting to its cultural norms are essential for a successful career in this Southeast Asian nation. Overview of Vietnam’s Job Market Vietnam is a developing country with a large and young population, a fast-growing economy, and a strategic location in Southeast Asia. The country has...
How To Get A Work Permit In Vietnam | A Detailed Guide For Foreigners 2023
- 13 December 2023
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- by Le&Tran Team
As globalization continues to foster international business relationships, Vietnam has emerged as an attractive destination for foreign professionals seeking career opportunities. However, working legally in Vietnam as a foreigner necessitates obtaining a work permit, a crucial document that signifies compliance with Vietnamese labor laws. In this comprehensive guide, we will explore the intricacies of obtaining a work permit in Vietnam, offering valuable insights into the application process, requirements, special provisions, renewal procedures, and more. Overview of...
Provisions of Law on Dialogue in Administrative Proceedings
- 08 November 2023
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- by Vania Van
Vietnamese law governs all matters based on reason, while also considering compassion. The development of the country and international experience demonstrate that dialogue and reconciliation play a crucial role in resolving arising disputes. The method of consensus-building dialogue in administrative proceedings represents a breakthrough that inherits and promotes the nation’s rich cultural and legal traditions. Nature of Dialogue in Administrative Proceedings: Dialogue is a relatively new aspect and a distinctive feature of administrative proceedings, designed to...
The Mechanism of Direct Electricity Trading Remains Unresolved
- 02 November 2023
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- by Thanh Nien Newspaper
The mechanism of direct electricity trading has faced a prolonged delay for over half a decade, and the 8th Power Development Plan, which has been pending for nearly half a year, is yet to be issued. This is concerning, given the continuous warnings about the risk of power shortages. A Delayed Mechanism for Over Half a Decade During a recent meeting regarding the mechanism of direct electricity trading between renewable energy power providers and large electricity...
Consular Legalization Of Thailand Documents For Use In Vietnam
- 05 September 2023
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- by Stephen Le
Documents to be used in Vietnam documents from foreign countries must be consular legalized in accordance with the Vietnam law. Although the consular legalization procedure is regulated by the law, the actual implementation for consular legalization of the foreign documents is different in each country. This legal insight will provide some notes regarding the implementation of consular legalization procedures of Thailand documents for use in Vietnam. Definition of consular legalization According to the provisions of Clause...
Ho Chi Minh City Eases Social Distancing in “New Normal” Starting From September 30, 2021
- 04 October 2021
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- by Corporate Counsels Team
On September 30, 2021, the People’s Committee of Ho Chi Minh City announced plans to recover and develop the economy after a long period of paralysis due to the consequences of the Covid-19 pandemic. Accordingly, Directive No. 18/CT-UBND (the Directive) was issued at the same date to gradually lift social distancing corresponding to the circumstances relating to Covid-19 and the safety assessment results of the Ministry of Health. The Directive has been applied from 6pm September...
Covid-19 Update: Operation Criteria for Businesses in the New-normal Period
- 22 September 2021
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- by Corporate Counsels Team
On September 15, 2021, the Head of Ho Chi Minh City’s Steering Committee for Covid-19 Prevention and Control issued Decision 3328/QD-BCD (Decision) on the Set of Criteria for the prevention and control of Covid-19 at the workplace in Ho Chi Minh city (Set of Criteria). This Set of Criteria sets out standards and conditions for businesses to self-assess and implement to reopen after a long period of the Covid-19 shutdown. Groups of businesses subject to this...
