As Vietnam’s economy continues to thrive, more high-net-worth individuals (HNWIs) and families are turning to private client services to manage and protect their wealth. For these clients, understanding the legal environment in Vietnam and knowing how to efficiently operate businesses in Vietnam is of utmost important, as compliance and strategic legal planning are essential to protecting assets, minimizing liabilities, and planning for the future. In the following, we as the lawyers whom specialize in Vietnam laws focus on the legal aspect…
As Vietnam stands on the cusp of an unprecedented economic transformation, the spotlight turns to the burgeoning wealth of its citizens. Predictions suggest a staggering 125 percent increase in wealth levels over the next decade, heralding Vietnam’s emergence as a global manufacturing powerhouse. This phenomenal growth is not just a testament to the country’s economic resilience but also underscores a pivotal shift in the financial landscapes of its people. Amidst this burgeoning prosperity, private client law firms in Vietnam are becoming …
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