Question: I am a foreigner. I have just established a two-member limited liability company in Viet Nam. I also have an investment certificate. Based on my research, setting up a business means a need for a direct investment capital account (DICA). However, I’m quite unsure whether I can open multiple types of accounts (DICA) or…
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Investment capital account is a type of payment account in Viet Nam dong or in a foreign currency opened by a foreign-invested enterprise at a bank allowed to carry out income and expenditure transactions related to investment activities in Viet Nam. Currently, there are two types of investment capital accounts, namely indirect investment capital account…
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The situation as follows: Ms. A (U.S. citizen) living in Viet Nam wants to authorize a U.S. citizen relative in the U.S. to handle her properties. To do so, a Power of Attorney must be made. The question is, what procedures have to be done with such Power of Attorney? Nghiep Thanh Law would like…
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