On May 14, the government issued Decree 42/2014/ND-CP regulating multi-level sales activities. Decree 42 took effect on July 1, 2014 and replaced Decree 110/2005/ND-CP. To detail certain provisions of Decree 42/2014/ND-CP, on July 30 the Ministry of Industry and Trade issued Circular 24/2014/TT-BCT, which will come into effect from September 15.
September 08, 2014 | 09:14
While investors’ interest in Vietnam has translated into healthy growth in mergers and acquisitions (M&As) and foreign direct investment (FDI), the potentially far reaching impact of the Competition Law is not understood by many players, writes Dr. Nguyen Anh Tuan from LNT & Partners.
September 03, 2014 | 11:00
LNT & Partners’ Hoang Nguyen Ha Quyen and Logan Leung take a look at the State Bank of Vietnam and Ministry of Finance’s new regulations outlined in Joint Circular 86/2014/TTLT-BTC-NHNNVN on managing the sale of insurance via the banking sector, which come into effect from September 1, 2014.
August 18, 2014 | 09:25
Public-private partnerships in Vietnam are currently regulated under governmental Decree 108/2009/ND-CP and prime ministerial Decision 71/2010/QD-TTg. This legal framework is currently in the process of being revised as the regulations attempt to address the current issues facing the country’s infrastructure sector. In relation to this aim, the Vietnamese government has recently issued its draft regulations on public-private partnership investment forms.
August 12, 2014 | 23:10
While investors’ interest in Vietnam has translated into healthy growth in M&As and foreign direct investment (FDI), the potentially far reaching impact of the Competition Law is not understood by many players, writes Dr. Nguyen Anh Tuan from LNT & Partners.
August 12, 2014 | 23:10
Vietnam’s dormant property market is tailor-made for M&As to kick-start it back into life. However, TRAN THAI BINH, head of Real Estate & Infrastructure Practice Group - LNT & Partners, writes that administrative procedures need to be streamlined to get deals moving.
On November 26, 2013, the National Assembly passed the new Law on Tendering which took effect from July 1, 2014. The enactment of this new law, which replaced the former Law on Tendering (2005), relates to state management in the tendering process and governs the responsibilities of concerned parties and tendering activities.
June 24, 2014 | 09:14
The amended investment and enterprises laws will soon be submitted to Vietnam’s National Assembly and will be adopted in November this year.
By By Mai Thuy
June 14, 2014 | 12:34
LNT & Partners was just honoured the title “Vietnam Deal Firm of the Year” by Asian Legal Business (ALB), a Thomson Reuters company, which recognises the excellence and achievements of Southeast Asia’s leading law firms and top dealmakers.
As investor interest in Vietnam continues to grow amidst the government’s liberalisation of the country’s market, it has become crucial that its commercial laws have their bundles of red tape slashed, including procedures concerning insolvency and bankruptcy.