TRADING LAW

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CIRCULAR 11/2006/TT-BTM GUIDING THE IMPLEMENTATION OF THE GOVERNMENT’S DECREE No. 72/2006/ND-CP

Circular guiding the implementation of the government’s Decree no. 72/2006/ND-CP of july 25, 2006, which details the commercial law regarding Vietnam-based representative offices and branches of foreign traders



 
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DECREE NO. 72/2006/ND-CP OF JULY 25, 2006 DETAILING THE COMMERCIAL LAW

This Decree details the Commercial Law regarding the establishment, operation, rights and obligations of Vietnam-based representative offices and branches of foreign traders that specialize in goods sale and purchase and activities directly related to goods sale and purchase.



 
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Establishing Representative Offices and Branches of Foreign Traders in Vietnam

Under the Commercial Law, foreign traders can open their representative offices and branches in Vietnam and also establish foreign investment-funded enterprises in Vietnam.



 
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COMMERCIAL LAW 2005

Commercial activities conducted outside the territory of the Socialist Republic of Vietnam in cases where the involved parties agree to this Law for application, or where a foreign law or a treaty to which the Socialist Republic of Vietnam is a contracting party stipulates the application of this Law.




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