Micro Finance Licence in Vietnam

Micro Finance Licence

We are exploring the possibilities to operate a Micro Finance in Vietnam and we are engage a local establishment who is familiar with the licensing process for obtaining a Mirco Financing license.

Mr. Nguyen Thanh Ha attended the launching ceremony of INMERGERS – A pioneering platform to connect international investment

On July 1, INMERGERS – the innovative platform for international investment developed by INMERGERS Joint Stock Company, was launched. According to IMAA (International Mergers and Acquisitions Association) statics, there are approximately 5000 annually successful M&A transactions costing 3.800 billion USD in the world before Covid-19 pandemic. Despite the reduction of 52% total cost in 2020, […]

Pay Day Loans Business in Vietnam

Question: I am interested in the opening Pay Day Loan company in Vietnam issuing loans via Internet. As I heard in this case the company should obtain Pawn Shop license and for foreigner investors it’s a problem. So usually, foreigners attract local partners. I have the following questions about doing business in Vietnam: On which […]

The new policies will take effect from July 2022

Increasing the region-based statutory minimum wages paid to employees from On June 12, 2022, the Government issued Decree No. 38/2022/ND-CP prescribing statutory minimum wages paid to employees working under labor contracts. According to Decree, monthly minimum wages is stipulated as follows: For enterprises in Region I, minimum wage is 4.680.000 VND per month; For enterprises […]

APPROVAL OF THE PROJECT “RESTRUCTURING THE SYSTEM OF CREDIT INSTITUTIONS ASSOCIATED WITH BAD DEBT SETTLEMENT IN THE PERIOD OF 2021 – 2025”

On June 08, 2022, The Prime Minister issued Decision No. 689/QD-TTg approving the project “Restructuring the system of credit institutions associated with bad debts settlement in the period of 2021 – 2025” in order to reduce the number of credit institutions and handle weak banks. Specifically, the overall objective of the Project is to create […]

TOWARDS ZERO EMISSIONS TARGET BY 2050

TOWARDS ZERO EMISSIONS TARGET BY 2050 On June 7, 2022, the Prime Minister issued Decision 687/QD-TTg approving the project of developing circular economy in Vietnam. According to the Scheme, the circular economy model sets the goal of supporting the building of a green lifestyle, encouraging waste separation and promoting sustainable consumption. The project has set […]

New decree to beef up real estate transfer

Nguyen Thanh Ha – Chairman of SB Law has gave his opinion on the issue of “New decree to beef up real estate transfer” in The Investor magazine:  The real estate market in Vietnam has grown more active after a gloomy period due to pandemic fallouts, boosted by supportive state policies. Real estate investment and […]

New policies will take effect from June 2022

1.      Subjects that not allowed to buy enterprises with 100% state capital from June 01, 2022 On April 25, 2022, the Government issued Decree No. 23/2022/ND-CP detailing the establishment, rearrangement, ownership conversion, and transfer of the right to represent the owner in enterprises 100% charter capital is held by the State. Accordingly, Article 23 of […]

Growing Vietnam M&A market dependent on capital flow, pandemic containment

Lawyer Nguyen Thanh Ha – Chairman of SB Law gave his opinion on “Growing Vietnam M&A market dependent on capital flow, pandemic containment” in The Investor magazine. Here are the details : Merger and acquisition activities in Vietnam increased the most in a decade from 2007-2017 at a total scale of $10 billion. However, due […]