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Challenges for Vietnamese domestic enterprises after ENT requirements elimination

ENT, short for Economic Need Test, is an economic needs inspection activity in accordance with Vietnamese law, applicable to foreign-invested economic organizations ("foreign-invested enterprises") establish a second or more retail outlets in Vietnam.

The role of Lawyers in the enforcement of business and commercial judgments in Vietnam

In this article, we will share some views on the role of lawyers in the enforcement of business and commercial judgments, based on practical experience as a lawyer of the judgment creditor.

Why the State Bank of Vietnam wants to increase the “foreign room” for the bank receiving the compulsory transfer up to 49%?

The State Bank of Vietnam has proposed to increase the total shareholding of foreign investors in the banks subject to compulsory transfer to more than 30% but not exceed 49%, of the charter capital of banks receiving the compulsory transfer (excluding commercial banks in which the State holds more than 50% of the charter capital).

The initial public offering of shares: What companies need to know

Public offering of shares is a form of securities offering to the public specified by the Law on Securities 2019 in Clause 19 Article 4.

Important considerations for enterprises when advertising functional foods

Functional foods are special commodities and products under the management of the Ministry of Health, which means that advertising for this type of goods is subject to stricter regulation and supervision by the Government authorities. Currently, with the proliferation of functional foods advertising, consumers are finding it increasingly difficult to distinguish between “real” and “fake” claims in each advertisement. This situation may also have an impact on legitimate businesses. In our role as legal advisors, HM&P would like to provide essential considerations for enterprises involved in the trade of functional foods with essential considerations for their advertising activities.

Common cases of investment project termination and some important notes

Within the scope of this article, HM&P would like to mention common cases of termination of investment projects and some notes for investors.

Enterprises are still awaiting the abolition of the procedure for obtaining approval for the content of cosmetic advertisements

In this article, HM&P will highlight some of the shortcomings that enterprises have encountered in the implementation of this procedure, which serve as a basis for the abolition decision by the State Authorities, as well as provide updates on the timeline for the abolition of this procedure.

Procedures for establishment of representative offices of foreign advertising companies in Vietnam

This article provides detailed information of the procedures for establishing a representative office of foreign advertising company in Vietnam.

Procedures for notification of contact information of foreign organizations and individuals providing cross-border advertising services in Vietnam

The provision of cross-border advertising services in Vietnam is the use of websites to provide advertising services to users in Vietnam from service-providing equipment systems located outside of Vietnamese territory, and to generate revenues in Vietnam by foreign organizations and individuals.

Investment in Vietnam: Some typical obstacles