DOA/DAP PROCEDURE for A C Systems 2024 Vietnam

  • DOA/DAP PROCEDURE for A C Systems 2024 Vietnam
  • DOA/DAP PROCEDURE for A C Systems 2024 Vietnam
  • DOA/DAP PROCEDURE for A C Systems 2024 Vietnam
  • Is there any amendment to defence acquisition procedure (DAP) 2020?
  • Yes, there has been an amendment to the Defence Acquisition Procedure (DAP) 2020 (vide MoD ID dated 11.11.2021).
  • Does CPTPP lift foreign investment restrictions in Vietnam?
  • Significant updates lift foreign investment restrictions in Vietnam under CPTPP from 14 January 2024. The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is a multilateral trade agreement designed to foster economic integration among its signatory nations.
  • Are data centers subject to foreign equity restrictions in Vietnam?
  • Additionally, according to the draft Telecommunication Law in Vietnam, which is expected to be formally released in the immediate period and effective from 1 July 2024, data centers and cloud computing services will not be subject to any foreign equity restrictions.
  • Does the CPTPP exempt Vietnam from asset management obligations?
  • Before 14 January 2024, the CPTPP exempts Vietnam from these obligations (as specified in Article 17.4 and Article 17.6) regarding asset management, investment, and related activities of SCIC involving its financial assets. However, from 14 January 2024, this exemption no longer applies.
  • Does Vietnam have a foreign equity limit in 2024?
  • However, from 14 January 2024, Vietnam will remove this limitation on foreign equity. However, compliance with Vietnam’s laws and regulations, including registration and licensing requirements, still remains mandatory.
  • When will foreign equity restrictions be removed under CPTPP agreement?
  • Under the CPTPP agreement, starting 14 January 2024, foreign equity limitations will be removed. This means that foreign investors will no longer face restrictions on the amount of ownership they can have in enterprises located in Vietnam which provide the mentioned services.

Recommended hot-selling products