Vietnam Green Labels under Vietnam Law

Question  In the Circular No. 212/2015/TT-BTC, Article 3, Item 1i: Production of eco-friendly products awarded Vietnam Green Labels by Ministry of Natural Resources and Environment; Products from the recycling and treatment of waste certified by the competent state authorities. So that, how to have the: Vietnam Green Labels Certified by the competent state authorities for […]

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 […]