Medical Industry: Key procedures to start trading Medical Equipment in Vietnam
2025.1.21

Medical Industry: Key procedures to start trading Medical Equipment in Vietnam

Vietnam’s medical equipment market is growing rapidly, attracting foreign investors and enterprises. This upward trend was evident during the Vietnam Medipharm Expo 2024, which hosted its 22nd Exhibition in Ho Chi Minh City and 30th in Hanoi, gathering hundreds of enterprises from diverse countries and territories, including India, South Korea, and China, providing an opportunity

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FDI 2024: “How to do Franchising in Vietnam”
2024.12.11

FDI 2024: “How to do Franchising in Vietnam”

According to the International Franchise Association (IFA), Vietnam, with its 100 million population, expanding middle class, strong GDP growth, and open business environment, has become a booming franchise market in Southeast Asia.[i] Franchising began in the late 1990s with brands like Jollibee and KFC and has since thrived, exemplified by Mixue, a Chinese chain, opening

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Truong My Lan: the biggest fraud case in Vietnam
2024.12.8

Truong My Lan: the biggest fraud case in Vietnam

Introduction The case of Ms. Truong My Lan, Chairwoman of Van Thinh Phat Holdings Group Corporation (“Van Thinh Phat”), is one of the most significant corruption scandals in Vietnam’s history. As the head of one of the largest real estate conglomerates in Vietnam, the case impacts the businesses involved and raises concerns within the entire

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Fashion Industry 2024: Why Global Brands Are Choosing Vietnam?
2024.11.10

Fashion Industry 2024: Why Global Brands Are Choosing Vietnam?

Vietnam has become a top player in the global fashion supply chain, now the third-largest garment exporter after China and Bangladesh,[i] with exports reaching over 100 countries, primarily to the U.S., EU, and Japan. Major global brands like Adidas, Nike, Puma, and Uniqlo are increasingly shifting their production to Vietnam. But why is Vietnam so

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FDI 2024: How to Trade Wine in Vietnam?
2024.10.21

FDI 2024: How to Trade Wine in Vietnam?

On 15 May 2024, the Australian Trade and Investment Commission held the Australia Wine Promotion Roadshow in Ha Long City, Quang Ninh Province. At the event, wine exporters and manufacturers noted that Vietnam, the 4th largest wine market in Southeast Asia, is expected to grow at a Compound Annual Growth Rate of 10.93% in revenue

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Vietnam’s Personal Data Protection 2024: What to be aware of? 
2024.9.26

Vietnam’s Personal Data Protection 2024: What to be aware of? 

According to the Vietnam E-commerce Association (VECOM), as of early 2024, there were 78.44 million internet users in Vietnam with 72.7 million social media users (equivalent to 73.3% of the total population and 165.5 million mobile connections (equivalent to 169.8% of the total population) in Vietnam1. These statistics highlight Vietnam’s rapid growth in internet and

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Real Estate 2024: Can Expats own properties in Vietnam?
2024.8.20

Real Estate 2024: Can Expats own properties in Vietnam?

For expats in Vietnam, acquiring property in Hanoi or Ho Chi Minh City presents both residential and investment opportunities. In fact, apartment prices have surged by 70% in Hanoi and 55% in Ho Chi Minh City since 2018, with current prices averaging $2,000 to $2,800 per square meter[1]. Given the housing demand and investment potential,

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Cross-Border Recognition and Enforcement: Legal Insights for China, Italy, India, VNM
2024.7.8

Cross-Border Recognition and Enforcement: Legal Insights for China, Italy, India, VNM

As globalization intensifies cross-border interactions, understanding the legal mechanisms for enforcing foreign decisions becomes crucial for international business and dispute resolution. This article examines the recognition and enforcement of foreign judgments and arbitral awards across four jurisdictions: China, India, Italy, and Vietnam.  By comparing these jurisdictions, we aim to highlight the similarities and differences in

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  • #Italy
  • #India
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FDI Vietnam: Deregistration of a Foreign-Invested Limited Liability Company
2024.7.3

FDI Vietnam: Deregistration of a Foreign-Invested Limited Liability Company

Achieving long-term success is the ultimate goal for any business, but there are times when closing a company becomes the most strategic decision. For executives, understanding the responsibilities and procedures for company deregistration under Vietnamese law is crucial. This article focuses on the efficient winding up of a foreign-invested Limited Liability Company (LLC) in Vietnam,

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