#13 Investment: Vietnam Law on remittances abroad of foreign investor’s profits from direct investment

Welcome back to The Lawyers Talk channel of BLawyers Vietnam. I am pleased to see all of you on the new Podcast today. I am Truong Chieu Minh, and I will be accompanying you today. Coming to the topic of today’s Podcast, I would like to invite listeners to learn more about the regulations related to the transfer of foreign investors’ profits from Vietnam to foreign countries, and to listen to some well as the practical notes that may arise from foreign investors’ profits transferred from Vietnam to foreign countries in the form of direct investment Attorney Tran Ngoc Thuyet, Senior Partner of BLawyers Vietnam, will discuss these matters Guest Hi Mr. Minh and hello listeners to follow The Lawyers Talks channel. I’m Tran Ngoc Thuyet. For to today’s topic, we share an extremely important procedure in the business field. That is the profit of foreign investors remitted from Vietnam to abroad in the form of direct investment. Host Could you explain how Vietnamese law defines the profits of foreign investors remitted from Vietnam to abroad in the form of direct investment? Guest In the form of direct investment into Vietnam, pursuant to Article 2 of Circular 186/2010/TT-BTC, profits from Vietnam remitted abroad by foreign investors are legal profits that are shared or earn from direct investment activities in Vietnam under the Investment Law after fully finished financial obligations with the Vietnam State under prevailing laws. Host How are profits transferred from Vietnam to abroad? Guest Pursuant to clause 2, Article 2 of Circular 186/2010/TT-BTC, profits from Vietnam may be remitted abroad in cash or in kind, accordingly: i. Profits are remitted abroad in cash in accordance with the law on foreign exchange management; or... To read more information, please click here: https://www.blawyersvn.com/13-investment-vietnam-law-on-remittances-abroad-of-foreign-investors-profits-from-direct-investment/ ﹌﹌ The above is not official advice from BLawyers Vietnam. If you have any questions or suggestions about the above, or if you would like to collaborate and use BLawyers Vietnam’s legal advisory services, please contact us at [email protected]. We will be delighted to hear from you. 📀 Host: Mr. Thuyet Tran - Senior Partner 📀 Guest: Minh Truong - Paralegal If you like this Podcast episode, please consider donating to us at Paypal by the following link: ⁠⁠⁠⁠⁠⁠⁠https://www.paypal.com/paypalme/BLawyersVietnam⁠⁠⁠⁠⁠⁠⁠ You may also follow the content of our Legal news, Legal articles and Monthly Newsletters on social media platforms by visiting: BLawyers Vietnam Website: ⁠⁠⁠⁠⁠⁠⁠blawyersvn.com⁠⁠⁠⁠⁠⁠⁠ BLawyers Vietnam LinkedIn: ⁠⁠⁠⁠⁠⁠⁠linkedin.com/company/b-lawyers-vietnam⁠⁠⁠⁠⁠⁠⁠ BLawyers Vietnam Facebook page: ⁠⁠⁠⁠⁠⁠⁠facebook.com/BLawyersVietnam⁠⁠⁠⁠⁠⁠⁠ BLawyers Vietnam Twitter (X): ⁠⁠⁠⁠⁠⁠⁠twitter.com/BLawyers_VN⁠⁠⁠⁠⁠⁠⁠ BLawyers Vietnam Apple Podcasts: ⁠⁠⁠⁠⁠⁠⁠Podcasts.apple.com/vn/podcast/the-lawyers-talk⁠⁠⁠⁠⁠⁠⁠ BLawyers Vietnam Spotify: ⁠⁠⁠⁠⁠⁠⁠Spotify.com/show/BLawyersVietnam⁠⁠⁠⁠⁠⁠⁠ BLawyers Vietnam Google Podcasts: ⁠⁠⁠⁠⁠⁠⁠Podcasts.google.com/feed/BLawyersVietnam⁠⁠⁠⁠⁠⁠⁠ BLawyers Vietnam YouTube Podcasts: ⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@blawyersvietnam3376/podcasts