The Vietnamese market is an attractive investment attraction for foreign investors. However, the legal system on investment in Vietnam is very complicated with many different legal documents, which is becoming a difficult point not only for foreign investors but also for domestic investors.
Scope and subjects of regulation of Investment law
Vietnam's investment law currently regulates investment activities as follows:
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Business investment activities in Vietnam of Vietnamese investors.
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Business investment activities in Vietnam between Vietnamese investors and foreign investors.
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Business investment activities in Vietnam of foreign investors.
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Business investment activities from Vietnam to abroad.
Thus, both Vietnamese investors and foreign investors in Vietnam are subject to investment law. Vietnamese investors or foreign investors in Vietnam all need to understand the provisions of the investment law when planning to invest.
Types of investment
Currently, Vietnamese Law on Investment 2020 specifically stipulates 05 forms of investment in Vietnam, including:
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Economic organizations establishment.
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Investment to contribute capital, buy shares, buy capital contribution.
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mplementation of investment projects.
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Investment in the form of a BCC contract.
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New investment forms and economic organizations according to the Government's regulations.
Each type has its advantages and disadvantages and is suitable for different needs and purposes of investors. Therefore, investors need to understand the legal regulations as well as the characteristics of each type to choose the right investment form for them.
Legal basis
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Investment Law No. 61/2020/QH14 of the National Assembly dated June 17, 2020.
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Law on Public Investment No. 39/2019/QH14 of the National Assembly dated June 13, 2019.
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Law on investment under the model of public-private partnership No. 64/2020/QH14 dated June 18, 2020.
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Decree 31/2021/ND-CP Decree detailing and guiding the implementation of several articles of the Investment Law.
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Decree 35/2021/ND-CP Decree guiding the Law on Investment in the form of public-private partnership.
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Decree 28/2021/ND-CP stipulating the financial management mechanism of investment projects under the model of public-private partnership.
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Decree 29/2021/ND-CP stipulating the order and procedures for appraising national important projects and investment monitoring and evaluation.
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Decree 194/2013/ND-CP stipulating the re-registration, transformation of foreign-invested enterprises, and change of investment licenses of investment projects in the form of business cooperation contracts.
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Decree No. 50/2016/ND-CP on sanctioning of administrative violations in the field of planning and investment.
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Decree No. 124/2017/ND-CP regulating offshore investment in oil and gas activities.
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Decree No. 86/2018/ND-CP stipulating foreign cooperation and investment in the field of education.
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Circular No. 03/2021/TT-BKHDT stipulating the form of documents and reports related to investment activities in Vietnam, investment from Vietnam to abroad, and investment promotion.
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Circular 45/2013/TT-BTC guiding the management, use, and depreciation of fixed assets.
Consultation on Investment Law that Siglaw provides:
"Customer satisfaction is a measure of Siglaw Firm's success. To us, every customer is a brand ambassador!"
Therefore, Siglaw Firm takes care of each customer in the most thoughtful way, when using Siglaw Firm's Investment Law Consultation, customers will receive most enthusiastic support as follows:
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Answer and provide consultation on investment legal issues of investors.
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Answer and provide consultation on legal issues related to the investment field of the enterprise.
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Analyze and provide consultation on the advantages and disadvantages of investment forms for customers to choose in accordance with their needs.
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Answer and provide consultation on investment incentives with specific cases of customers.
Service quality standards:
At Siglaw, with the slogan "Confidential - Responsible - Professional - Prestigious", we establish "Standards for providing services to customers" and all Siglaw's lawyers and experts always perform at the highest level:
1. High professional quality: Our legal services are always counseled and performed by lawyers and experts with deep professional knowledge and experience to ensure the consulting solutions are always accurate, comply with the law and bring high value to customers.
2. Confidentiality: Ensuring the security of customer information is, in any case, always one of our top priorities.
3. Punctuality: We guarantee to meet the requirements of the work deadlines. Accordingly, the work progress will always be closely followed and promptly informed to customers.
4. Quick response: Any exchange, contact or customer request will be responded to quickly, promptly or within 24 hours at the latest.
5. Integrity: We always maintain integrity in all cases, comply with regulations on professional ethics in all cases.
6. Professionalism: We bring professionalism in the deep legal knowledge of our team of Lawyers and Experts in any profession or field; professionalism in multilingual communication when customers always feel easy to exchange work with us in many different languages (Vietnamese, English, Chinese, Korean); professionalism in attitude and working style with customers.
7. Enthusiasm and friendliness: We are always ready to support our customers to the best of our ability and in any case. We ensure that our clients always feel comfortable and at ease with friendly communication with any Lawyer.
8. Simple and Convenient: We always strive to find ways to provide our services in a way that makes our customers feel as comfortable and convenient as possible.
9. Value added: In the process of providing services, we always try our best to provide consulting options/suggestions to help customers compare and choose the best and complete solution.
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