One Person Limited Company, its modern proprietorship firm. One Person Company can be formed by a single person. The One person company is juristic, and liability of members is limited to their shares.
Enterprise
Many firms in Vietnam register bad debts after foreign partners go under.
According to Hoàng Trung, Director of the Plant Protection Department under the Ministry of Agriculture and Rural Development, China is one of the major export markets for Vietnamese agricultural products.
Japanese investors secure foothold in leading Vietnamese brands through M&A. They have poured billions of dollars to purchase stakes at…
In February this year, the Ministry of Trade and Industry levied a temporary anti-dumping tax of 33.88% sugar products imported from Thailand.
“Vietnamese sellers have enriched our global product selection,” Gijae Seong, head of Amazon Global Selling in Vietnam, told Nikkei Asia.
The Asia Insiders Magazine has named Global Business Services (GBS) LTD their “M&A Advisor of the Year” Vietnam 2021. It is the first time ever a merger and acquisition advisory firm in Vietnam has been recognized by The Asia Insiders for mergers and acquisitions work.
According to the Department of Industry and Trade, small traders at traditional markets are facing many difficulties as purchasing power has dropped significantly. Nearly 60,000 shop owners at traditional markets would benefit from the package.
According to Ms. Nguyen Thi Xuan Thuy, Head of the Department of Integration Strategy and Policy under the Institute of Industrial Policies and Strategies, among 3,000 leather and footwear enterprises, only 17 have design activities, and 400 enterprises produce auxiliary materials and accessories or processing intermediate stages. Raw and auxiliary materials for leather and footwear only focus on average and over-average product lines. The rest still have to be imported, making the added value of products not high. Therefore, the domestic supporting industries are still the sector that needs developing if the leather and footwear industry wants to make a strong breakthrough.
A walk through some of the steps that most of foreign investors took to purchase a company in Vietnam.