Six benefits for investors to set up company in Hanoi
Along with the trend of integration in the world, Vietnam is considered a country with rapid and strong growth, in which, industrialization and modernization are focused on developing a uniform set and achieve high performance. Hanoi and Ho Chi Minh City are considered the two cities and dynamic development in Vietnam. The investors would choose to invest and set up company in Hanoi because of the benefits the city could offer. First, the skilled labor force for hiring Hanoi is considered a capital with a longstanding historical developed tr…
Six benefits for investors to set up company in Hanoi
Along with the trend of integration in the world, Vietnam is considered a country with rapid and strong growth, in which, industrialization and modernization are focused on developing a uniform set and achieve high performance. Hanoi and Ho Chi Minh City are considered the two cities and dynamic development in Vietnam. The investors would choose to invest and set up company in Hanoi because of the benefits the city could offer. Six benefits for investors to set up company in Hanoi First, the skilled labor force for…
Hanoi Ranks the 3rd in Attracting Foreign Investment
This is the information published by the Department of Planning and Investment Accordingly, the situation of industrial production in the first 8 months of 2016 in Hanoi is relatively stable with positive growth rate. In particular, attracting foreign direct investment (FDI) increased, accrued to the date of August 30th 2016 reached 374 FDI projects (including 256 new projects and 118 projects that increase the capital). The total registered capital reached 2079.37 million USD, exceeding the target of 2016. Currently in the city there are 3,…
Many Large Businesses in Norway Want to Invest in Hanoi
7 leading corporations and enterprises from Norway include ITS Noway, Pixii AS, Ruter, Avfall Norge, Cambi, Host, Tomra want to set up business in Hanoi , at the same time cooperate, invest and transfer the most advanced technology in Hanoi city. Chairman of the Hanoi City People’s Committee has just had a meeting with Innovation Norway and 7 leading Norwegian corporations and enterprises operating in the fields of: Developing smart traffic system, energy and energy storage, management and development of public transport systems, providing …
An Additional of 60 FDI Projects Received Investment Licenses into Hanoi
According to Hanoi ’s Department of Planning and Investment, in November, the city had 60 newly licensed FDI projects with a total registered capital of 600 million USD. Of these, there are 52 projects with 100% foreign direct investment; 8 joint venture projects. Besides, there are 8 projects being adjusted to increase investment capital with the additional capital of 6.7 million USD. Also, in November 2019, foreign investors contribute capital and buy stakes reach 72.9 million USD. Notably, during the recent Prime Minister’s business trip t…
Hanoi Attracted More Than 141 Million USD of Foreign Investment in The First Month of 2020
Hanoi Department of Planning and Investment has just informed that foreign investment attraction in Hanoi in January 2020 reached over 141 million USD, including 68 newly licensed projects, registered capital of 30.2 million USD. The total number of enterprises in Hanoi city now is 281,228 enterprises. The number of operating enterprises was 1,393 (down 12% over the same period). Also, in January, trade activities were assessed to develop well, ensuring goods circulation to serve consumer demand during the Lunar New Year. Total turnover of …
Hanoi Calls for Direct Investment in 11 Large-Scale Agricultural and Rural Projects
Hanoi’s agriculture sector is calling for direct investment in Hanoi , in 11 large-scale agricultural and rural projects in the period of 2019 – 2025. In the process of reviewing and synthesizing projects on development of agricultural production, projects on processing agricultural products being implemented, preparing for implementation, newly proposed investment projects, Department of Agriculture and Rural Development of Hanoi announced a list of projects calling for direct investment in the period 2019 – 2025. The largest contributor i…
Benefits of Setting Up Company in Hanoi
Along with the trend of integration in the world, Vietnam is considered a country with rapid and strong growth, in which, industrialization and modernization are focused on developing a uniform set and achieve high performance. Hanoi and Ho Chi Minh City are considered the two cities and dynamic development in Vietnam. In particular, Hanoi , the potential capital for developing and attracting foreign and domestic investment. Therefore, the investment from businesses to the city is seen as an advantage and the best. To evaluate how such advant…
Forms of Company to be Set-up in Vietnam | ANT Lawyers
According the Vietnam Law on Enterprises, there are four common types of companies: - Private enterprise is an enterprise owned by an individual who is liable for all of its operations with his/her entire property; - Partnership is an enterprise in which (i) there are at least two partners who are co-owners of the company, jointly conduct business under one common name; in addition to general partners, there may also be limited partners; (ii) general partners to a partnership must be individuals who are liable for all obligations of the part…
How to Set Up Company in Hanoi? | ANT Lawyers
The Law on investment 2021 has a lot of investment incentive policies in economic sectors in Vietnam for foreign investors. Foreign investors that invest in Vietnam in general and Hanoi in particular for the first time must have investment projects and fill in investment registration or examination procedures at state agencies in charge of investment in order to be granted Investment Registration Certificates (“IRC”) and Enterprise Registration Certificate (“ERC”). Company with 100% foreign capital has founded and operated from the date of iss…
Challenges in Preparing Documents for Representative Office Application | ANT Lawyers
The representative office (RO) is a popular foreign investment vehicle which investors utilize when wishing to enter the Vietnamese market without committing too much investment. The representative office could help the foreign entity to hire local employee to carry out market research, business promotion. A foreign company wishes to establish a representative office in Vietnam must submit an application dossier for a license to the Provincial Department of Industry and Trade (DIT). However, there are cases which the government agencies rece…
Forms of Foreign Investment in Vietnam | ANT Lawyers
From 01/01/2021, the Law on Investment 2020 in Vietnam came into force. According to the Vietnam Law on Investment 2020, there are five types of foreign investment in Vietnam . Investment in the establishment the economic organizations: This type comprises two methods: Establishment of a company with 100% capital from foreign investors or establishment of a company between the domestic investors or the domestic government and foreign investors. Before establishing the economic organizations, the investors must have the investmen…
Policies to Attract Foreign Investment in Hanoi | ANT Lawyers | ANT Lawyers
Over the years, Hanoi city has organized quality conferences of foreign investment attraction, focusing on implementing measures to attract transnational corporations engaged in investment and business in Hanoi . To perform domestic and international cooperation activities on investment promotion. Hanoi is constantly promoting and improving the efficiency of investment promotion activities, creating a reasonable and effective connection between domestic and foreign investment promotion activities in Hanoi in all fields, economic sectors; conne…
How to Obtain Business Registration Certificate in Vietnam? | ANT Lawyers
How to Obtain Business Registration Certificate in Vietnam? Every organization and individual wishing to set up a foreign owned company in Vietnam shall need to meet some specifics conditions as promulgated under the Law on Investment and Law on Enterprise. In specific areas being considered as conditional investment, the investor shall also need to consult with the law governing the area of investment. Once the investment registration certificate is completed, the investor has the obligation to apply for enterprise registration. The procedur…
How to Obtain Business Registration Certificate in Vietnam? | ANT Lawyers
How to Obtain Business Registration Certificate in Vietnam? Every organization and individual wishing to set up a foreign owned company in Vietnam shall need to meet some specifics conditions as promulgated under the Law on Investment and Law on Enterprise. In specific areas being considered as conditional investment, the investor shall also need to consult with the law governing the area of investment. Once the investment registration certificate is completed, the investor has the obligation to apply for enterprise registration. The procedur…
Some Modifications on Business Registration from October 10th, 2018
Decree no.108/2018/ND-CP amending and supplementing a number of articles of Decree No.78/2015/ND-CP effective from October 10th, 2018 has provided many new procedures of business registration. The new decree stipulates clarification on some contents about the procedure on business registration, of which, the highlight are the procedures that do not to require the seal stamped on the dossier on business registration and that the power of attorney for a person whom establishes the company does not need notarization, authentication at Clause 1 an…
How to Set Up Company in Hanoi? | ANT Lawyers
The Law on investment 2021 has a lot of investment incentive policies in economic sectors in Vietnam for foreign investors. Foreign investors that invest in Vietnam in general and Hanoi in particular for the first time must have investment projects and fill in investment registration or examination procedures at state agencies in charge of investment in order to be granted Investment Registration Certificates (“IRC”) and Enterprise Registration Certificate (“ERC”). Company with 100% foreign capital has founded and operated from the date of iss…
Trading Conditions on Medical Device in Viet Nam | ANT Lawyers
Medical device includes device related to human health, therefore, the business of medical device in the conditional business line in accordance with the law of Vietnam. Medical device is defined as kinds of device, tools, materials for implanting activities, reagents and in vitro calibration solutions, software which are used separately or in association with each other according to the instruction of their owners for human use for the purpose of diagnostic, prevention, supervision, treatment and elimination the illness or to making up for pa…
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