Investment In Vietnam

Investment In Vietnam Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Investment In Vietnam, Business consultant, 343 Pham Ngu Lao Street, Pham Ngu Lao Ward, District 1, HCMC, Ho Chi Minh City.

FDI ENTERPRISES IN VIET NAM
THE LOCAL REQUIRED COMPLIANCE PROCEDURES

FDI enterprises in Viet Nam shall properly comply with the local laws and regulations to avoid and prevent the risks in advance.

TRADEMARK PROTECTION IN VIETNAMFREQUENTLY ASKED QUESTIONSTrademark protection is one of the first steps to take on your ...
30/05/2026

TRADEMARK PROTECTION IN VIETNAM
FREQUENTLY ASKED QUESTIONS

Trademark protection is one of the first steps to take on your way to establish a business brand, in Vietnam or anywhere. However, before trademark analysis, it is necessary to understand the rules of human – customer thinking.

WHAT IS A BRAND? WHAT IS A TRADEMARK?
Brand

A brand is a concept of the products with the manufacturer’s signs attached to their surface and packaging to confirm their quality and origin in the eyes of the consumers. Brand is often associated with the ownership of the manufacturers and is usually delegated to the official trade representative.

- According to the definition of the American Marketing Association. “A brand is a name, term, design, symbol, or any other feature that identifies one seller’s good or service as distinct from those of other sellers.” In fact, there are also other symbols make up a brand.

- “A brand – as being defined by the World Intellectual Property Organization (WIPO), is a special (visible and invisible) sign that identifies a product or service that is produced or provided by an individual or organization.”

At present, there is no definition of brand in Vietnam; therefore, only trademark is subject to intellectual property rights protection in Vietnam. More specifically, in Vietnam, only trade names (legal entity names in Vietnamese, English and abbreviations) are protected. In the meantime, according to the UK-American law system, brands can be protected and the registered trademark owners reserve the right to sue anyone for infringing on their trademarks. Note: How to distinguish a brand from a trademark protection. A manufacturer is usually characterized by a brand, but he may have many different brands. For example, Toyota is a brand, but it comes with many trademarks like Innova, Camry, etc.

The term “brand” is sometimes used to refer to any distinct feature of a confirmed product, particularly those of a well-known product, e.g., Gucci fashion, Elton John’s sunglasses and so on. It should be noted that the brand protection right only really exists when such brand has been used and registered for a certain series of products or services. Brand ownership may be discarded or ceased to be protected if it is not continued to be used. Thus, the brand owners must use their brands if they wish to maintain this right.

Trademark

A trademark is essentially a symbol, a language in the thinking process, playing an important role in trade as a powerful tool for occupying the mind and then cognition and behaviors of customers.

Trademarks may be traded or leased. Trademarks can be protected domestically or internationally.

- Article 785 of the Civil Code says, “Trademarks are signs used to distinguish goods and services of the same type of different manufacturers and providers. Trademarks may be words, images or their combinations, expressed in one or more colors”.

- In Vietnam – US Trade Agreement defines, “A trademark is the marks of an enterprise (or group of enterprises) that distinguish its goods from those of the same type of other enterprises”.

- According to Philip Kotler, the world’s leading marketing expert, “A trademark is a name, a term, a sign, a symbol, a picture or their combinations, used to confirm the goods or services of a seller or a group of sellers and distinguish them from the goods and services of competitors”.

In ancient times manufacturers used trademarks to differentiate their goods. The term “brand” comes from the ancient Icelandic language, meaning “to burn”. The pride of self-produced goods is not the main reason to use trademarks. In fact, manufacturers hope that customers can recognize them to further buy their products or recommend to others. Initially, marks were stamped on livestock, and later on, ceramic, animal skin and silk producers also used this method to distinguish their goods from others’.

A sign eligible to be registered should meet the standards set out by national trademark protection agencies and international ones. There are two main criteria to consider:

- The trademark must be unique and/or allow a business to distinguish its products/services from other businesses.

- The trademark does not describe products/services that may mislead or violate social order and social morality.

WHY SHOULD TRADEMARK BE SEARCHED BEFORE APPLYING FOR TRADEMARK REGISTRATION?

Read more: https://vivabcs.com.vn/resources/management/trademark-protection/

📑 BUSINESS COMPLIANCE ADVISORY SERVICES IN VIETNAMVietnam-based representative office of a foreign investor means a depe...
27/05/2026

📑 BUSINESS COMPLIANCE ADVISORY SERVICES IN VIETNAM

Vietnam-based representative office of a foreign investor means a dependent unit, a lawful office in Vietnam, allowed to recruit staff to manage and promote sale contracts with local business partners, research and develop products, seeking opportunities for the purchase or sale of goods and provision of services. A foreign representative office is a simple form of investment in Vietnam to enhance business from overseas, with multiple advantages while fewer risks regarding the required business compliance procedures such as investment capital, tax, accounting, and auditing. And it is easy to be extended or terminated or dissolved. The expatriate employees who work for representative office can obtain work permit and two years multiple visa (temporary residence card) for themselves and their family in Vietnam.

WHEREAS

▪️ Any enterprise in Vietnam shall be complied to local laws and regulations including commercial, tax, accounting, labor, investment…

▪️ There are daily mandatory procedures on tax management, payrolls, compulsory insurances, accounting, finance, contracts, disputes and lawsuit cases… the CEOs have to make their decisions.

▪️ Many investors have been paying for the same lessons due to violations with local business laws and regulations.

▪️ Many investors are looking for a one stop solution: Professional person in charge and representative – Local expertises – Plenty and instant solutions – Long term relationship – Back office with full teams and resources…

VIVA is the business consultant who specializes in local business compliance procedures since 2006. Our exclusive service in Vietnam is consistent of practice expertise in business laws – employment relations – tax and accounting –corporate finance – Internal management and internal audit.

We have been continuously trusted thousands of leading companies from Japan, US, EU, Singapore, India, China, Korea…. in such industries: Garment, energy, pharma, advertising, agricultural… Our signature in every service we do is bespoke manner, one stop solution, valued by final result, optimal and over expectation thanks for our powerful practical expertise and business resources.

OUR MONTHLY ADVISORY SERVICE SCOPES

Hand in hand for daily operation service – Chief of Operation Officer service

General corporate and commercial advisory

▪️ Advise on all aspects of general corporate and commercial law including drafting of contracts/agreements.

▪️ Advise on the legal and regulatory requirements / practical cases for operating in Vietnam in most industries: Tax – Accounting – Finance – Audit – Labor – Investment – Compliance Administration…

▪️ Legal due diligence and deals support advisory

▪️ Hand in hand in deals advisory, provide comprehensive transaction services including structuring advice, legal due diligence investigations, preparation of transaction documentation and other deal support services.

▪️ Analyze all the transactions actually occurred. Classification of the transactions and establish relationships inside and outside of each transaction. Revise and complete the dossier for each transaction and follow up the report with current regulations and policies of the company.

Manage employment relations

▪️ Employee profile, Performance of labor contracts, Modification, supplementation and termination of labor contracts, Wages/Payroll procedures, working time and rest time, Labor discipline and material responsibilities, Compulsory social insurance – Trade unions – Personal income tax, Update and apply for new regulations from the authorities.

▪️ Setting up standard and rules to guarantee all labor transactions meet full legal requirements and guarantee for optimal payable amount of Social & Health Insurance, personal income tax. Setting up process and forms, guide every department and person in the company to follow the requirements. Setting up system of standard folder to manage the business records as lawful proves for each transaction. Prepare labor contract and manage all the compliance labor registration / labor update, reports to submit, explain, negotiate at authorities. On behalf of the company to settle any issue from the authorities accordingly. On behalf of customer to explain and settle any query or complain from employees. On behalf of customer to explain and settle any requirement from related authorities.

Legal compliance/Company secretarial

▪️ We keep you up to date on developments in legislation that may affect the businesses and assist you with legal compliance requirements and company secretarial matters.

▪️ Consulting for all others administrative procedures and on representative on behalf of client for any requirement from state agencies.

▪️ Department of: Industry and Trade, Culture, Sports and Tourism, Natural Resources and Environment, Transportation, Education and Training, Science and Technology,

▪️ Planning and Investment, Foreign Affairs, Tax Bureau, Agriculture and Rural Development, Labor & Invalids and Social Affairs, Justice, Construction, Investment and Trade Promotion Center, Customs Bureau, Statistics Bureau…

Typical required compliance procedures

▪️ International and Domestic Investment.
▪️ Deal, Investment, M&A.
▪️ Tax management
▪️ Business Licenses, Administration.
▪️ Daily Regulatory Affairs.

Stakeholder management

▪️ Banks, Financial Institutions.
▪️ State Agencies, Government.
▪️ Customer Relationship.
▪️ Dispute, Corporate Rights.

Internal control, process management

▪️ Organizational Structure & Process.
▪️ Business Record Management.
▪️ Shareholders Roles and Duties.
▪️ Internal Labor Regulations.
▪️ HR Management.
▪️ Internal Audit.

Internal audit for business compliance procedures

▪️ Audit for required business records, compliance reports, lawful invoices and documents regarding to: Business licenses; Tax management; Accounting and financial statements; Employment relations; other business administration procedures and requirements by laws.

▪️ Identify any violation, exist and potential risk with correction actions.

▪️ Prepare management letter to the Board of directors.

OUR SERVICE FEES

▪️ Unlimited in query or question via email, telephone, mobile phone.
▪️ Unlimited video meeting with our expertises in tax, accounting, employment, business laws and regulations.
▪️ Monthly management letter about new laws and regulations and related matters.
▪️ Hours of visiting and meeting with our CEO and Senior consultant for actual cases.

Our expert knowledge and very practical experienced in local business culture as well local regulations, we can meet every of your expectation in a tailored and bespoke manner. We look forward to serving and deliver the best business services for you, as what we have been doing to our loyal clients since 2006.

Please contact our expertises should you have any further query about the conditions, required papers and procedures.

👉 Read more information: https://vivabcs.com.vn/.../business-advisory-services.../

REGISTER A COMPANY IN VIETNAMForeign direct investment (FDI) enterprise means an organization whose members or sharehold...
25/05/2026

REGISTER A COMPANY IN VIETNAM

Foreign direct investment (FDI) enterprise means an organization whose members or shareholders are foreign investors, established and operating in accordance with Vietnam’s laws that carry out business investment activities. Foreign investor means an individual holding a foreign nationality or an organization established under foreign laws and carrying out business investment activities in Vietnam.

GENERAL TERMS AND CONDITIONS

There are only business Law system for both local and foreigner investors to do business in Vietnam, deals with the establishment, organization, restructuring, dissolution, and relevant activities of enterprises, including limited liability companies, joint-stock companies, partnerships, sole proprietorships, and groups of enterprises.

We would like to introduce to you four of key topics to know about the Business registration in Vietnam:

- General terms and conditions.

- Establishment procedures.

- Form of enterprises – advantages and disadvantages, how to choose your best form.

- Restructuring, dissolution, and bankruptcy of enterprises.

It would be our pleasures to share with you for any query or question about the terms and conditions as well as practical cases which we have been experiencing since years 2000, where the first law on enterprise has allowed private sector to born and blooming.

THE RIGHT TO ESTABLISH ENTERPRISES, CONTRIBUTE CAPITAL, PURCHASE SHARES/STAKES, AND MANAGE ENTERPRISES

Every organization and individual is entitled to establish and manage enterprises in Vietnam in accordance with the law, except for the cases.

- Government agencies, armed force units using state-owned property to establish enterprises for self-seeking purposes.

- Officials and civil servants defined by regulations of law on officials and civil servants.

- Commissioned officers, non-commissioned officers, workers and civil servants working at units of the army. commissioned officers, non-commissioned officers working at police units, except for those appointed as authorized representatives to manage state capital contributed to other enterprises.

- Executive officers of state-owned companies, except for those appointed as authorized representatives to manage state capital contributed to other enterprises.

- Minors. people that are legally incompetent. organizations without legal status.

- Any person facing criminal prosecution, serving a prison sentence, undergoing drug rehabilitation, sent to a reform school. or banned from doing business, holding a certain title or doing a certain job by the court. and other cases prescribed by regulations of law on bankruptcy and anti-corruption.

The applicant for enterprise registration must submit the criminal record to the register a company authority at its request.

Every organization and individual is entitled to contribute capital, buy shares/stakes in joint-stock companies, limited liability companies, and partnerships in accordance with the law, except in the following cases:

- Government agencies, armed force units using state-owned property to establish enterprises for self-seeking purposes.

- The entities banned prohibited from contributing capital to enterprises as prescribed by regulations of law on officials and civil servants.

LEGAL INVOICES IN VIETNAM(Rules and regulations of issuance VAT exemption)Legal Invoices in Vietnam means a document mad...
19/05/2026

LEGAL INVOICES IN VIETNAM
(Rules and regulations of issuance VAT exemption)

Legal Invoices in Vietnam means a document made by a seller to record information on goods or service sale under law, proving for business transactions and compliance reports.

Goods and service sellers are obliged to the invoices:

1. Manage invoice creation activities under current regulations.

2. Sign, when ordering the printing of invoices, invoice printing-ordering contracts with qualified printing establishments.

3. Make and send invoice issuance notices under regulations.

4. Make out and hand invoices when selling goods or services to customers, except cases specified in current rule and regulation.

5. Regularly inspect the use of invoices and promptly prevent violations.

6. Report on the use of invoices to manage tax offices under the Finance Ministry's regulations.

Responsibilities of goods and service buyers:

1. When buying goods or services, to request sellers to make out and hand invoices.

2. To provide accurate information necessary for sellers to make out invoices.

3. To sign invoice originals already fully filled in when directly buying goods, except cases specified by the Ministry of Finance.

4. To use invoices for proper purposes.

5. To provide information indicated in invoices to competent agencies upon request.

6. Beside the legal business entities, foreign representative offices in Vietnam should follow the above regulations in the form of an end user.

Goods and service are exempted from VAT

1. Any goods / services sold, consumed or used within the territory of Vietnam shall be subjected to VAT.

2. Any local business entity providing service activities that performed within the territory of Vietnam, those services shall be subjected to VAT.

3. In case a local business entity provides service directly to a foreign entity, and this service is consumed or used out of Vietnam, then the service will not be subjected to VAT.

4. The paid VAT on purchasing invoices will be offset to selling invoices or refunded under legal procedures.

Failure to collect the legal invoices for business transactions means refusing under law all rights of tax deduction, tax refund and might lead to tax arrear and penalties in the coming years.

STRATEGIC TECHNOLOGY PORTFOLIO AND STRATEGIC TECHNOLOGY PRODUCT PORTFOLIOOn April 30, 2026, the Prime Minister issued De...
15/05/2026

STRATEGIC TECHNOLOGY PORTFOLIO AND STRATEGIC TECHNOLOGY PRODUCT PORTFOLIO

On April 30, 2026, the Prime Minister issued Decision No. 21/2026/QD-TTg on the List of strategic technologies and the List of strategic technology products. This Decision takes effect from July 1, 2026.

Accordingly, high-tech enterprises and enterprises producing technological products through manufacturing, research and development (R&D) projects of strategic technologies/products listed in this Decision, will apply the highest preferential policies on corporate income tax, import tax and land rent according to current regulations on high technology and strategic technology.

The detailed content of the specific exemption and reduction levels will continue to be further guided in the Government’s Decrees.

STRATEGIC TECHNOLOGY PORTFOLIO

1. Digital technology (artificial intelligence, big data, digital twins, cloud computing, edge computing, Internet of Things, and blockchain).

2. Next-generation mobile network technology.

3. Robotics and automation technology.

4. Advanced biotechnology and biomedicine.

5. Advanced energy technology and materials.

6. Semiconductor chip technology.

7. Cybersecurity and quantum technologies.

8. Sea, ocean and underground technology.

9. Aerospace and Aerospace Technology.

10. High-speed rail technology and urban rail.

STRATEGIC TECHNOLOGY PRODUCT PORTFOLIO

Group 1: A group of strategic technology products that already have a market, which can create a great and direct impact on economic development

1. Vietnamese large language models, virtual assistants and specialized artificial intelligence (AI).

2. AI camera processing at the edge.

3. Digital twin platform.

4. Cloud computing platform.

5.Blockchain network infrastructure and traceability system.

6. 5G/5G-Advanced mobile network equipment and systems.

7. Autonomous mobile robots and industrial robots.

8. Platforms, solutions and models for smart manufacturing.

9. Security and cybersecurity solutions for critical infrastructure and national databases.

10. The new generation vaccine is for human use.

11. Cell therapy (stem cells, immune cells) for human use.

12. Personalized medical product manufacturing system applying 3D printing technology.

13. Intelligent biosensor system.

14. New generation vaccines and probiotics used in livestock, veterinary medicine, fisheries, cultivation and plant protection.

15. Production, harvesting and deep processing systems for agricultural products and by-products and biomass.

16. The new generation of plant, livestock, and aquatic varieties are created from cell technology, gene editing and biotechnology.

17. Advanced materials and high-performance functional materials for the processing and manufacturing industry.

18. Batteries, advanced accumulators and integrated energy storage systems (BESS).

19 .Systems for the production, storage, transportation and distribution of green hydrogen and biofuels.

20. High-voltage, ultra-high-voltage electrical equipment; electric machines, electric motors and modern and high-performance electric transmission and drive systems.

21. Carbon capture, use and storage systems.

22. Unmanned aerial vehicles (UAVs) and equipment; UAV management, detection, monitoring and suppression systems.

Group 2: Group of technology products to create new growth drivers, foundational technologies for the future, technologies to ensure autonomy in the field of security and defense

1. Dedicated chips.

2. Quantum communications, quantum computing, and quantum sensors.

3. Systems for exploitation, deep processing and deep processing products from minerals, oil and gas and rare earths.

4. Systems, equipment, services and technology solutions for underground, deep-sea, offshore and offshore energy exploration.

5. Small modular nuclear reactors (SMRs).

6. Satellites and low-orbit satellite beams observe the Earth.

7. High-speed railway construction.

8. Industrial platforms, vehicles, equipment and integrated systems of high-speed rail, urban railways.

COMPANY CHARTER - INTERNAL FINANCIAL REGULATIONS For internal management requirements and new tax regulationsThe corpora...
13/05/2026

COMPANY CHARTER - INTERNAL FINANCIAL REGULATIONS
For internal management requirements and new tax regulations

The corporate charter is not only a legal document but also a very important contract between business owners in establishing and managing management rights, asset ownership, financial policies, shareholder relations, tax cost optimization, etc prevent and support the satisfactory settlement of disputes...

According to tax regulations effective from July 1, 2025, the enterprise's charter needs to integrate the contents of internal financial regulations to be able to carry out procedures for VAT deduction and CIT reduction.

CONTENTS AND REQUIREMENTS ON THE COMPANY'S CHARTER

A company's charter includes the charter when registering an enterprise and the charter amended and supplemented in the course of operation. The company's charter has the following important contents:

1. Name and address of the company's head office; names and addresses of branches and representative offices;

2. Business lines;

3. Charter capital; total number of shares, types of shares and par value of each type of shares, for joint-stock companies;

4. Full names, addresses, nationalities and other basic characteristics of general partners for partnerships; of the owner of the company or its members, for limited liability companies; of founding shareholders for joint-stock companies; capital contribution and value of capital contribution of each member for limited liability companies and partnerships; number of shares, types of shares, par value of each type of shares of the founding shareholders;

5. Rights and obligations of members towards limited liability companies and partnerships; of shareholders for joint-stock companies;

6. Organizational structure of management;

7. Legal representatives of limited liability companies and joint-stock companies;

8. Procedure for approving the company's decision; principles of internal dispute settlement;

9. Bases and methods for determining remuneration, salaries and bonuses for managers and controllers;

10. Cases in which a member has the right to request the company to repurchase the contributed capital for a limited liability company or a share for a joint-stock company;

11. Accounting and auditing methods, internal financial regulations, principles of distribution of after-tax profits and handling of losses in business;

12. Dissolution cases, dissolution order and procedures for liquidation of company assets;

13. Forms of amendment and supplementation of the company's charter.

The charter of a company can establish internal relationships and create business operations, ensure stability - efficiency - sustainability, prevent and handle risks... Therefore, the business charter needs to be managed and tailored separately according to the characteristics and requirements of business owners, it is absolutely impossible to apply existing templates.

EXPATS IN VIETNAMMANAGING LABOR RELATIONSIn addition to common labor procedures, foreigners working in Vietnam must also...
12/05/2026

EXPATS IN VIETNAM
MANAGING LABOR RELATIONS

In addition to common labor procedures, foreigners working in Vietnam must also comply with a number of particular regulations. Managing labor relations for foreigners, if done correctly at the beginning, can simultaneously prevent risks and optimize on taxes and insurance payables.

With our extensive expertise and hands-on experience, VIVA would like to present you our services for managing labor relations for foreigners working in Vietnam as follows.

MANAGING EMPLOYEES’ PROFILE AND DRAFTING LABOR CONTRACT

1. Dependent information.
2. Professional certification and experience.
3. Letter of Appointment.
4. Offer letter.
5. Labor Contract.
6. House rental contract.

Employee’s Profile is mandatory for businesses. For the foreign employees, they are related to work permits (WP), temporary residence cards (TRC), declaration and payment of personal income tax (PIT), opening of bank accounts… Foreigners should understand thoroughly the requirements of each document, store and update them fully to meet the requirements of local authorities while working in Vietnam.

Labor contracts are very important that identify rights and obligations between employees and businesses. Besides, labor contracts are also related to compulsory personal income taxes, insurance, and procedures for receiving salaries, and remitting them to their home countries. Failure to manage the labor relations in terms of formality, contents and provisions in the labor contracts will result in serious disputes or increase the tax payables and interfere in your work.

WORK PERMITS AND TEMPORARY RESIDENCE CARDS

- The foreign employees have to present their work permits when entering and exiting Vietnam and upon requests of the competent agencies. A foreign employee who does not have a work permit will be deported out of Vietnam in accordance with the regulations of the Government. The person employing foreign employees without work permits will be subject to penalties under the laws.

- However, unlike a Visa, a TRC has a longer term of validity usually from 1 year to 5 years. A foreigner having a TRC does not need a Visa. He can enter and exit the country multiple times for work within the term of the TRC, saving time and money. In addition, the card holder can sponsor his or her relatives to be issued a TRC with the same term.

- After being granted a WP and a TRC, a foreigner can open all types of bank accounts, credit cards, savings books and enjoy all the services provided by the banks just like Vietnamese nationals.

CALCULATING SALARIES AND MANAGING TAXABLE INCOME

-The salaries of the foreigners are not only based on the agreement between them and the employers, but also must be in accordance with the nationality, expertise, experience and position. In case the salaries are inadequate, the Tax department will carry out inspection and verification domestically and abroad, affecting the foreign employee’s work.

- In addition to salaries, the foreign employees can enjoy other benefits such as travel expenses, rent, accommodation fees, insurance, school fees for their children, vouchers…which may be subject to personal income taxes or not, depending on the cases. Many foreigners have incurred personal income taxes and penalties because of failure to manage these incomes correctly.

- The salaries of foreigners can be in USD or other currencies. Each bank will have different requirements for payment in foreign currency.

Read more: https://vivabcs.com.vn/resources/employment-relations-management/managing-labor-relations/

OUTSTANDING IMPORT PAYABLES MUST BE REPORTEDFOREIGN LOANS THAT MUST BE REGISTERED WITH THE STATE BANK INCLUDE:1. Foreign...
07/05/2026

OUTSTANDING IMPORT PAYABLES MUST BE REPORTED

FOREIGN LOANS THAT MUST BE REGISTERED WITH THE STATE BANK INCLUDE:

1. Foreign medium and long-term loans.

2. Short-term loans are entitled to an extension of the principal repayment period with the total term of the loan being over 1 year.

3. Short-term loans without an extension agreement but still have outstanding principal, including interest debts, which are credited at the full time of 01 year from the date of the first capital withdrawal, unless the borrower completes the payment of the above-mentioned principal balance within 30 working days from the time of full 01 year from the date of the first capital withdrawal.

FOREIGN LOANS UNDER DEFERRED PAYMENT CONTRACTS FOR IMPORT OF GOODS

1. Foreign loan in the form of deferred payment of goods import means an import of goods with the first capital withdrawal date before the final payment date; in which:

a) The date of withdrawal of capital of a foreign loan in the form of import of deferred payment goods is:

- The 90th day from the date of issuance of the transport document in case the bank providing the account service requires the set of payment documents to be accompanied by transport documents;

- The 45th day from the date of completion of the inspection stated on the customs declaration that has been cleared in case the bank providing account services does not require the set of payment documents to have transport documents;

b) The final payment date is determined as:

- The last payment date of the contractual payment term;

- The date of the last actual payment in case of failure to comply with the contract or the contract does not specify the payment deadline;

c) The term of a foreign loan in the form of import of goods with deferred payment is the time limit determined from the date of the first capital withdrawal to the date of the last payment.

2. Self-borrowed or self-paid loans in the form of import of deferred payment goods are not subject to registration or registration of changes in foreign loans as prescribed.

3. Transactions of remittance of money for debt repayment (principal and interest) and payment of fees related to foreign loans in the form of import of deferred-payment goods are not required to be made through foreign loan and debt repayment accounts.

SPECIAL NOTES ON LOANS FROM DEFERRED IMPORTS OF GOODS

1. The company's foreign loans in the form of deferred import of goods can be converted into medium- and long-term debts, but are not subject to registration with the State Bank as prescribed in Circular No. 12/2022/TT-NHNN.

2. At the same time, foreign loans in the form of deferred payment of goods are not required to comply with the regulations on foreign loan conditions specified in Circular No. 08/2023/TT-NHNN, especially the condition on foreign loan limits on the difference between the total investment capital and the investor's contributed capital recorded in the Investment Registration Certificate.

3. When making foreign loans in the form of deferred payment imports, the company is responsible for complying with the regulations on management of foreign loans and debt repayment, including making reports on the website in accordance with current regulations on reporting on foreign loans and repayment of enterprises; regulations on foreign exchange management and other regulations on commercial contracts, tax risks, etc.

Address

343 Pham Ngu Lao Street, Pham Ngu Lao Ward, District 1, HCMC
Ho Chi Minh City
700000

Opening Hours

Monday 08:00 - 18:00
Tuesday 08:00 - 18:00
Wednesday 08:00 - 18:00
Thursday 08:00 - 18:00
Friday 08:00 - 18:00
Saturday 08:00 - 18:00

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