LEGAL UPDATE

Issue of August 2023 – Regulations on penalties for administration violations in security of personal data in the new Draft Decree on penalties for administrative violations in the field of cybersecurity

Dear Valued Clients, Decree 13/2023/ND-CP which took effect on July 1, 2023, provides more detailed regulations on data protection and cybersecurity obligations for personal data processing activities in order to...

24
Aug
Issue of March 2023 – Drafting Decree to amend and supplement Decree No. 65/2022/ND-CP on private offering and trading of corporate bonds in the domestic market and the offering of corporate bonds to the international market

Dear Valued Clients, On September 16, 2022, the Government issued Decree No. 65/2022/ND-CP amending and supplementing a number of articles of Decree No. 153/2020/ND-CP dated December 31, 2020 on offerings...

28
Mar
ISSUE OF DECEMBER 2022 – LATEST CHANGES IN ENTERPRISES’ FOREIGN BORROWING AND FOREIGN DEBT REPAYMENT

Dear Valued Clients, On September 30th 2022, the State Bank has issued Circular No. 12/2022/TT-NHNN (“Circular 12”) guiding the foreign exchange administration in respect of foreign borrowing and foreign debt...

26
Dec
Issue of May 2022 – Increase the maximum number of overtime hours of employees

Dear Valued Clients, To meet the increasing demand for production and business in the context of the Covid-19 pandemic, the National Assembly Standing Committee passed Resolution No. 17/2022/UBTVQH15 dated March...

20
May
Issue of April 2022 – Mandatory Use of E-invoicing from 01 July 2022

Dear Valued Clients, Using electronic invoices (“E-invoices”) is a mandatory requirement under Decree 123/2020/ND-CP (“Decree 123”) and Circular 78/2021/TT-BTC (“Circular 78”) that should be put on notice to enterprises. On...

29
Apr
Issue of March 2022 – Regulations on supervision of foreign investment activities in 2022

Dear Valued Clients, It has come to our attention during operation that the matter concerning the supervision of foreign investment activity carried out by Vietnamese competent state authorities is always...

07
Apr

LEGAL ARTICLE

Issue 021123 – Procedures for terminating outbound investment projects

Dear Valued Clients, Over the past decade, policies to support and encourage businesses to invest abroad have been increasingly improved. This has created favorable conditions to expand investment and business...

Issue 020923 – Transfer of contributed capital in multiple-member LLC

Dear Valued Clients, Transfer of contributed capital in a limited liability company (“LLC”) with multiple members is an act of a company member transferring the ownership of the contributed capital...

Issue 010923 – Contribution of assets for enterprises establishment

Dear Valued Clients, Capital contribution is an important step when establishing an enterprise. To acknowledge more about the valid contributed assets as well as the process, methods, and valuation for...

Issue 020823 – New policy on Vietnam visa for foreigners

Dear Valued Clients, On June 24, 2023, the National Assembly passed the Law amending and supplementing a number of articles of the Law on Entry and Exit of Vietnamese Citizens...

Issue 010823 – The register of members

Dear Valued Clients, The register of members in a multi-member limited liability company  (hereinbelow referred to as “The Company”) is an important document that the company must prepare immediately after...

Issue 030723 – Capital Contribution to establish multi-member limited liability company

Dear Valued Clients,  Contributed capital in companies in general and in multi-member limited companies in particular, is one of the most fundamental matter that needs to be carefully considered from...

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