an e transaction law for the digital age

An e-transaction law for the digital age

The Law on E-Transactions from 2006 requires an upgrade. Nguyen Hung Quang and Tu Thi Phuong Uyen from NHQuang & Associates look at the detail of a draft amendment in the works to closing current legislative gaps.
amended investment law to relieve funding burdens

Amended investment law to relieve funding burdens

With the strategic plan to attract qualified foreign investment into Vietnam in the light of the Politburo’s Resolution No.50-NQ/TW, the drafted amendment of the Law on Investment 2014 simplifies licensing procedures for setting up a foreign-invested entity. Nguyen Hung Quang, and Le Gia Khanh, lawyers at law firm NHQuang&Associates, write about the impacts on overseas investors in the country.
positive scope ahead in amended law on investment

Positive scope ahead in amended Law on Investment

Amongst the numerous revisions included in the draft amendments of the Law on Investment, the expansion of investment capital and the “negative list” approach towards market access are two features less-frequently mentioned but expected to create significant changes for investors. Nguyen Hung Quang, and Pham Thi Ha Van, lawyers at NHQuang&Associates, write about what this means for foreign investors in Vietnam. 
two decades of historical admin reform for business operations

Two decades of historical admin reform for business operations

The Law on Enterprises has undergone amendments since the first incarnation 20 years ago, which impacted the change in business freedom and contributed to a fair, and non-discriminatory business environment. Nguyen Hung Quang, managing partner of NHQuang&Associates, analyses the development and implementation of the law over the last two decades in order to draw some lessons for lawmaking and enforcement in Vietnam.
hindrances preventing fies from listing on stock market

Hindrances preventing FIEs from listing on stock market

A number of foreign-invested enterprises have been unlisting their shares in Vietnam due to alleged legal problems. Nguyen Hung Quang, managing partner at NHQuang & Associates, delves into the reasons behind the issue and their responses in practice.
building the mechanism for sturdy fdi efficiency

Building the mechanism for sturdy FDI efficiency

With significant contributions of foreign investment to Vietnam’s social-economic development over the past 30 years, Vietnam is working to increase its quality and efficiency for future attraction. Le Net from LNT & Partners and Nguyen Hung Quang from NHQuang & Associates delve into the last three decades and also look at the importance of new orientations for future investment prospects.
un funds give poor residents disaster resistant houses

UN funds give poor residents disaster-resistant houses

Nguyen Hung, a paralysed lottery ticket seller in the central province of Thua Thien-Hue, has finally got his dream house. Part of funding for construction came from a housing programme run by the UNDP.
eximbank case extends to three more defendants

Eximbank case extends to three more defendants

According to the investigation, these three people on March 27 were prosecuted as accomplices helping Le Nguyen Hung (former deputy director of Eximbank’s Ho Chi Minh City branch) to appropriate Chu Thi Binh’s VND245 billion ($10.8 million).
capitalisation of eximbank drops 35 million after arrests

Capitalisation of Eximbank drops $35 million after arrests

The stock of Eximbank sharply reduced to the lowest price of VND14,100 after two bank officers were arrested due to involvement in appropriating VND245 billion ($10.8 million) from a client named Chu Thi Binh.
eximbank offers 650000 compensation in advance to swindled customer

Eximbank offers $650,000 compensation in advance to swindled customer

After a meeting with Eximbank, Chu Thi Binh, who lost VND245 billion ($10.8 million), will check the arrangement carefully before receiving VND14.8 billion ($0.65 million) of advance compensation from Eximbank.
eximbank capitalisation shrinks by 22 million in a single day

Eximbank capitalisation shrinks by $22 million in a single day

After a branch leader embezzled funds from a client’s account, the EIB ticker of Eximbank decreased to VND15,800, despite the sharp increase of banking stocks.
foreign investors to sit on the fence

Foreign investors to sit on the fence

As exchange rate risks remain, foreign portfolio investors are expected to continue taking a hands off approach to directly trading Vietnamese stocks.
ready to ride the wave

Ready to ride the wave

“Foreign portfolio capital will heavily flow into Vietnam over the next six to 18 months”

HAG looking to tap international market

As international bond markets recover after the 2008 global financial crisis, Hoang Anh Gia Lai group is looking to benefit from attractive borrowing costs.
flows are washing in

Flows are washing in

Foreign portfolio investment capital inflows into Vietnam will continue to rise in coming months.