New decree’s vitamin boost to small- and mid-sized business

New decree’s vitamin boost to small- and mid-sized business

With the recent promulgation of Decree No.37/2020/ND-CP, the Vietnamese government offers a lifeline for small- and medium-sized enterprises as a necessary preparation to cope up with negative impacts of the coronavirus pandemic on the economy. Nguyen Hong Hai and Hoang Le Quan, lawyers at Lexcomm Vietnam LLC, analyse the potential inspirations of Decree 37 to the continuing growth of Vietnam’s economy.
Decree 37 brings local and central planning closer to dispel administrative bottleneck

Decree 37 brings local and central planning closer to dispel administrative bottleneck

After around one month of issuance, businesses remain concerned about the possible impacts of a new decree guiding the implementation of the Law on Planning on their future business strategies. Vaibhav Saxena, lawyer at Vietnam International Law Firm, delves into how the new decree contributes to solving the congestion and stagnation of hundreds of projects, as well as removing problems in production and business activities of many sectors.
Smoother rules can help EU groups thrive

Smoother rules can help EU groups thrive

While a recently-issued government decree is expected to solve some sticky issues on planning, EU businesses are still facing certain challenges in the development of their projects.