Digital signatures have become an essential part of the digitisation strategy of the banking sector in Vietnam. Even though the legality of digital signatures has been recognised by Vietnamese law, some risks and obstacles still undermine their use.
The Vietnamese Government has focused on developing infrastructure, but deficiencies in this area are still one of the biggest bottlenecks for investors. In this Report, we look at the current status of the infrastructure market, and examine key regulatory and structuring issues affecting project developers and financiers.
The 2021 Law On Investment replaces the 1994 Law on Investment and the 2003 Amendment. The new Law applies to all investment projects registered with the CDC or the Municipal Provincial Sub-committees. Registered investment projects categories and general outlook are discussed.
On 26 March 2021, the Government issued Decree 31 to detail and guide the implementation of the Investment Law 2020 (Decree 31/2021). Decree 31/2021 took effect on the signing date and replaced Decree 118/2015 guiding the Investment Law 2014 and other related documents.
On 08 October 2021, after collecting the opinions from relevant Ministries, and other authorities, the MOIT completed the Draft PDP VIII and submitted it to the Prime Minister for review and approval. This article summarizes some highlights of the Draft PDP VIII updated to February 2022.
Cambodia has relatively expensive electricity in comparison to its ASEAN neighbours. Domestic green energy production would contribute long term to cheaper electricity prices for consumers. In 2019 the Ministry of Mines and Energy produced the Cambodia Basic Energy Plan to ensure energy supply for Cambodia.
In this newsletter: 1) National Assembly issues Law No. 03/2022/QH15 amending and supplementing a number of articles of the Law on Investment, the Law on Enterprises and a number of other laws, 2) Pausing the temporary import and re-export business of medical masks, medical gloves and anti-epidemic uniforms.
This article considers the various modes of dispute resolution used the most in Thailand, with particular reference to several key industry sectors of Thailand.
A labour dispute is a dispute over rights, obligations and interests among the parties during the establishment, execution or termination of labour relations. This article discusses the factors that affect the outcome of labour dispute settlements at Court.
What contents need to be included in the Prospectus? In this article, BLawyers Vietnam presents a summary of the mandatory contents in the Prospectus in two cases.
All construction projects which require a construction permit, shall apply for a Certificate of Occupancy, as enforced in the Law on Construction. including any construction built before the enforcement of the Law on Construction and any construction built before December 20, 1997.
This article discusses conditions and requirements to legally produce and trade beer in Vietnam for self-produced beer businesses.
In this update: 1) Prime Minister approves review of effectiveness of double taxation, 2) Guidance on the tax incentive conditions applicable to science and technology enterprises, 3) Increase in Social insurance contribution rates for expatriate, and 4) Increase the retained amount of Trade union funds for company’s use.
Labor laws and related regulations apply to all employer-employee relationships where the work is to be performed within Myanmar. This summary of Myanmar labor laws highlights important areas that may differ from practices in other countries.
Labour outsourcing is where an employee enters a labour contract with an outsourcing company, after which such employee is assigned to work and under the management of another employer who is a labour outsourcer. Vietnamese law has regulations for prohibiting some acts against the labour outsourcer to protect rights and interests of employees.
This article discusses the updated laws and current creatio of long-term leases, which are possible to enter into in Cambodia and are considered a real property right. Also known as perpetual leases, their governing provisions are contained in Book 3 of the Civil Code 2007.
There have been several Vietnamese regulations limiting cross-ownership of parent-subsidiary companies. This articlepresents cases where cross-ownership is not allowed and sanctions imposing the violations.
During COVID-19, many companies have encountered serious financial difficulties and, in order to avoid increasing debt, have declared bankruptcy or chosen to dissolve their entities. This article discusses dissolution of a company and director and shareholder liability.
To authenticate or mark a document created by or related to themselves, organizations and individuals often must sign on that document. Vietnamese law also now stipulates that some documents are required to have a seal next to the signature. This article discusses some cases where a seal on the document is needed.
In addition to common assets division, child custody is a most concerned issue to parents when divorcing. Many people believe that children do not have the right to choose a parental custodian and that only parents have the right to decide. However, a Court might collect childrens' opinions to determine who they want to live with in divorce cases.
Important Vietnamese legal terms can be looked up, with the corresponding term in the other language presented (Vietnamese <-> English). Very helpful resource for those professionals working in both languages
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