For many businesses, setting up their own company is the only known or viable way to enter a new market. We have written frequently about the ways to best approach and leverage direct foreign investment models for market entry — such as establishing a company or a representative office in Vietnam. There may, however, be alternative ways […]
Recalling defective products can be expensive and it may be tempting for manufacturers to ignore flaws. But that can be more costly in the long run, both in financial and human terms. Federal law requires manufacturers to notify the government of defective products that present a substantial hazard to the public. A manufacturer of lawn and […]
Technology and Money Within all the global trends that impact the economy (performance of economic power reflected in leading global companies, regulatory changes, demographic situations, climate change, etc.), the new and disruptive technologies are marking a new reality. That is why, when speaking of artificial intelligence, the use of “big” and “small” data, social finance […]
In the event that a company has established operations and turned a profit within the Vietnamese market, challenges will remain with respect to ensuring that its proceeds may be sent abroad without a hitch. Whether it be a decision over the method of repatriation or when to take profits, the ways in which investors choose to approach […]
In recent years, the Equal Employment Opportunity Commission (EEOC) has annually fielded around 25,000 alleged violations related to the Americans with Disabilities Act (ADA). And while the majority of these claims are deemed unworthy of action by the EEOC, you don’t want your company to be the exception. The average award in settled cases is roughly […]
Do you own a vacation home that’s classified as a rental property for tax purposes? Rental property owners may be tempted to use their rental properties for their personal “staycations” or as remote office locations during the COVID-19 pandemic. But this could cause adverse tax consequences, depending on your situation. Here’s what you need to know. […]
If you have employees working from home, and you want to transition them back to the workplace as the economy picks up, you may find it’s harder than you once thought. For some employees, nervousness about remaining health risks is an impediment — especially for those who haven’t been vaccinated. Many Americans clamored to be vaccinated […]
In Vietnam, an official company seal or chop is used for legally authorizing documentation. A seal gives legal validity to any documents or papers issued by companies, organizations, or agencies. Any paper or document showing an official act of a company that contains only a signature of its general director is still considered insufficient. Indeed, […]
The definition of what qualifies as a disability under the Americans with Disabilities Act (ADA) is not always clear — and alcoholism presents a particularly difficult issue. Although the disease of alcoholism falls within the scope of the ADA, the actions of an employer toward an alcoholic don’t always violate the law. One case that illustrates the […]
A new political leadership was affirmed on April 5, 2021, at Vietnam’s 13th National Party Congress. The newly elected Prime Minister Pham Minh Chinh, a career security official, but also known to favor incentives for boosting economic growth, is anticipated to build on the positive economic ties fostered by Vietnam’s outgoing PM Nguyen Xuan Phuc. […]
Enduring a global pandemic may not be as traumatizing as military combat, but in both cases, the aftereffects can linger. When the smoke clears, there’s a lot of rebuilding that needs to happen to return to a state of normalcy. And as the COVID-19 pandemic finally begins to recede into the rearview mirror, another potentially disruptive […]
The Vietnamese government has streamlined the merger and acquisition (M&A) process to encourage investment in new sectors of the economy. And for foreign investors that see establishing a business in Vietnam as too cumbersome, the M&A route provides a unique solution to many obstacles. With an M&A, investors can enjoy preexisting access to consumers, locations, and distribution channels. […]