Vietnam opening door policy conditions along with Ministry of Justice’s strategic programs in the training of lawyers can help local law firms in Vietnam to achieve their target: Existence and strong development in a competitive environment.
International law firms in Vietnam will perform its function in the following forms: branches of international lawyers' organizations, international law firms, and partnership law firms between international lawyers’ organizations and Vietnam’s.
By virtue of conducting accurate Vietnam foreign investment policy, the 25-year period of foreign investment in Vietnam proves the importance of enterprises with foreign owned capital in Vietnam socio-economic development and employment.
The number of foreign investors in Vietnam becomes booming in recent years. Investment counterparts majorly come from European, American and Asian countries. As to June 2014, there are 656 projects with the total capital of US$4.85 billion.
On 12/29/1987, Vietnam National Assembly officially approved Vietnam law on foreign investment, the most important legislation formalizing the reception of foreign investment in Vietnam since the innovation process, changing Vietnam economy.
According to international practice, foreign investment in Vietnam can now perform with two forms of direct and indirect investment. Recently, Vietnam has got more and more foreign investment.
