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Study abroad consultancy and important adjustments from november 20, 2024

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1. What is Study Abroad Consultancy?   Study abroad consultancy includes the following activities:(1)  Providing information and consulting on the educational policies of various countries and territories, assisting with the selection of schools, courses, fields, and educational levels that align with the student’s abilities and aspirations.  Organizing advertising, conferences, seminars, fairs, and exhibitions about studying abroad as legally required.  Recruiting students for overseas education.  Preparing students with essential skills for studying abroad.  Organizing overseas study arrangements for Vietnamese citizens and arranging visits for parents or guardians to overseas training institutions, in compliance with regulations.  Other related activities concerning study abroad consultancy services.  Organizations engaging in the above activities must meet the business conditions for study abroad consultancy services before commencin...

Legal regulations and investment opportunities in Japan

Japan, known as the Land of the Rising Sun, is gradually becoming a popular investment destination for Vietnamese individuals and organizations, particularly for IT projects. The most notable success is that of FPT. As of the end of 2022, after 17 years of operating in Japan, FPT has not only become the first Vietnamese IT company to successfully enter the Japanese market but also the largest Vietnamese company in Japan, with 13 offices and 2,000 employees.(1)  1. Advantages of Investing in Japan   Vietnam and Japan signed the Vietnam-Japan Economic Partnership Agreement (VJEPA) on December 25, 2008, which took effect on October 1, 2009. This is Vietnam’s first bilateral Free Trade Agreement, in which both Vietnam and Japan provide greater incentives to each other compared to the ASEAN-Japan Comprehensive Economic Partnership Agreement (AJCEP) and commitments under the WTO (particularly in professional services such as legal, tax consulting, computing, engineering, advertisi...

Protecting minority shareholders in shareholder agreements

In recent times, it is common for shareholders in a corporation to execute a separate agreement from the corporation’s Articles of Association to regulate the relationship between shareholders without registering with the competent authority (“ Corporation ”), especially when investors are preparing to get involved in a merger and acquisition transaction. This article analyzes several provisions that can be included in the Corporation to protect the interests of minority shareholders, who own a small percentage of shares in a company and have a limited influence on controlling, governing, or making decisions regarding the company’s affairs.  See more: The protection of minority shareholders in a joint stock company 1. Put Option   A Put Option is an effective tool that provides shareholders the opportunity to withdraw their investment capital from a corporation when a serious adverse event occurs. To be more specific, a Put Option grants shareholders the right (but not an ...

Measures to handle counterfeit goods

1. Definition of counterfeit goods and the importance of handling them a. What is counterfeit? Counterfeit goods are not simply products with fake trademarks, but also include goods that violate factors of quality, function and intellectual property. Based on legal regulations, counterfeit goods can be classified as follows:  Intellectual property counterfeit goods: According to Article 213 of the Law on Intellectual Property (2005, amended 2022), counterfeit intellectual property goods include: Counterfeit mark goods are goods that illegally use a registered trademark; Counterfeit geographical indication goods are goods that use incorrect geographical origin information; Pirated goods goods that are formed from the unauthorized use of reproduction of copyrighted products.  Counterfeit goods in quality and function: According to Clause 7, Article 3 of Decree 98/2020/ND-CP, counterfeit goods include: Goods are useless or whose uses are other than the announced, and go...