Phuoc & Partners Vietnam International Law Firm

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Phuoc & Partners Attorneys At Law

Legal Update Newsletter June 2011

Our Part I of this Legal Newsletter is a legal article recently published in the Thoi Bao Kinh Te Sai Gon newspaper named “5 steps to purchase a stake in Vietnamese enterprises” written by our lawyers Mr. Tran Thanh Tung and Ms. Nguyen Thi Phuong Chung. By this article, we provide comments on legal matters regarding the acquisition of a stake in Vietnamese enterprises by foreign investors.

In Part II, we would like to provide you with some notable regulations as follows:

  1. Supplementing the cases where foreign employees are exempted from Work Permit.
  2. New regulations on securities trading.
  3. Increasing registration fees for cars with 10 seats or less.
  4. Exclusion from taxable personal income of medical expenses for treatment of serious illness of employees and their relatives.

Apart from the above, as usual, the selected list of news regulations is available for your further reference.

We hope that this Newsletter is of use to you. Should you have any questions, please feel free to contact us.

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