Foreign Business Association in Vietnam is legal content that readers often need to check carefully before implementing it in practice. This article has been systematized by ANT Legal in an easy-to-understand way, helping individuals and businesses understand the main issues, common risks and appropriate solutions.
Does the Association of Foreign Businesses in Vietnam have to publish in the newspaper when they are granted an operating license? Is the Association of Foreign Businesses in Vietnam allowed to publish newsletters on trade and investment activities?
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1. Does the Association of Foreign Businesses in Vietnam have to publish in the newspaper when it is granted an operating license?
In comparison with the provisions in Article 8 of the Regulations on Establishment of Foreign Business Associations in Vietnam promulgated together with Decree 08/1998/ND-CP, within 30 days from the date of issuance of the operating license, the Association of Foreign Businesses in Vietnam must publish in the Central Newspaper and the Local Newspaper. method.
The content published in the newspaper of the Association of Foreign Businesses in Vietnam at includes the following issues:
– Association name (Vietnamese, common foreign language);
– Establishment license (number, date and issuing agency);
– Representative (President or General Secretary of the Association). association);
– Head office location (house number, street…);
– Account number at transaction bank;
– Phone, Fax.
Note: Each foreign business community with the same nationality or originating from a regional international organization operating in Vietnam is only allowed to establish 01 (one) Association in Vietnam, headquartered and registered in a province or centrally run city of Vietnam.
2. Is the Association of Foreign Businesses in Vietnam allowed to publish newsletters on trade and investment activities?
Pursuant to the provisions of Article 4 of the Regulations on the establishment of Foreign Business Associations in Vietnam promulgated together with Decree 08/1998/ND-CP on the content of activities of Foreign Business Associations in Vietnam Male:
Activities of the Association:
1. Organize internal information activities;
2. Organize activities, explore trade and investment opportunities;
3. Participate in trade and investment promotion activities organized by the Vietnam Chamber of Commerce and Industry and other Vietnamese agencies;
4. Organize meetings between members of the Association, and Vietnamese State Management Agencies on trade, investment and service issues;
5. The Association’s Board of Directors has the right to represent the Association to propose recommendations and measures to Vietnamese State management agencies, aiming to protect the legal rights of member businesses and contribute to creating a healthy business environment.
6. Permitted to publish and circulate within the Association a newsletter on trade and investment activities according to the provisions of the Publishing Law of the Socialist Republic of Vietnam.
Thus, the Association of Foreign Businesses in Vietnam is allowed to publish and circulate within the Association a newsletter on trade and investment activities according to the provisions of the Publishing Law of the Socialist Republic of Vietnam.
In Accordingly, according to the provisions of Clause 1, Article 4 of the 2012 Publishing Law, publishing is the organization, exploitation of manuscripts, editing into templates for printing and distribution or for direct release via electronic means.
Printing is the use of printing equipment to create publications from templates.
Distribution is the adoption of one or more forms of buying, selling, and distributing distribute, donate, give, rent, lend, export, import, trade fairs and exhibitions to bring publications to users.
Note: according to the provisions of Article 5 of the 2012 Publishing Law on ensuring the right to disseminate works, protect copyright and related rights
– The State guarantees the right to disseminate works in the form of publications through publishers and protect copyright and related rights.
– The State does not censor works before publication.
– No agency, organization or individual may take advantage of the right to disseminate works to damage the interests of the State, the legitimate rights and interests of agencies, organizations or individuals.
3. To whom must an application to establish a Foreign Business Association in Vietnam be sent?
According to the provisions of Article 5 of the Regulations on the establishment of Foreign Business Associations in Vietnam promulgated together with Decree 08/1998/ND-CP then:
Applications for establishing a Foreign Business Association in Vietnam must be sent to the People’s Committee of the province or centrally run city where the Association is requested to be established.
In which, the application for establishing a Foreign Business Association in Vietnam includes:
– Application for establishment of an Association, (1 copy in Vietnamese, 1 copy in a common foreign language application);
– Charter of the Association;
– Introductory document of the Vietnam Chamber of Commerce and Industry;
– Profile of the Association’s headquarters;
– Resume of the Association’s Board of Directors;
– List of business representatives for reference Association members, (full name, passport number, place of temporary residence in Vietnam).
Note on Applying Current Legal Regulations
This article belongs to the Business & M&A group and is presented for reference purposes, helping readers understand the legal issue at an overview level before preparing a dossier or carrying out a transaction.
Legal regulations may vary depending on the timing, locality, type of dossier and specific circumstances. If you need to determine the exact legal basis applicable to your case, you should contact ANT Legal’s lawyers at 0966.475.966 for review and advice before proceeding.
Common Legal Risks to Note
- Applying legal instruments that have been amended, supplemented or replaced.
- Preparing an incomplete set of documents, materials or necessary evidence.
- Misunderstanding the conditions, procedure, timeline or competent authority.
- Signing, submitting a dossier or carrying out a transaction before fully assessing legal risks.
How Can ANT Legal Support You?
ANT Legal can review the specific circumstances, examine the dossier, identify the applicable legal basis, advise on an appropriate handling plan and represent clients in working with individuals, organizations or competent authorities where necessary.
For prompt advice, you may contact a lawyer at 0966.475.966.
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