re-registration

Update news re-registration

FIEs neglect to make re-registration, challenging management system

A lot of foreign invested enterprises (FIEs) still keep their operation in Vietnam even though their operation duration stipulated in the investment licenses had finished, and they have not made re-registration for continuous operation.

FIEs deliberately defer business re-registration, laws not respected

The FIEs in Vietnam had five years as stipulated by the laws and two more additional years to make the business re-registration as required by the new investment law. However, many of them did not do this.