The Ministry of Transport has submitted to the Government a solution to handle difficulties and problems in eight BOT transport projects by using 10,650 billion Viet Nam dong from the State budget. The form of rescue includes sharing the revenue shortfall compared to the investor’s financial plan as well as terminating the contract and buying back the project. Are these solutions from the State reasonable, feasible and in accordance with legal regulations?
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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.
Read moreESG and the National Action Plans for Responsible Business Practices in Viet Nam (NAP)
ESG (Environmental, Social, and Governance) practices and CSR (Corporate Social Responsibility) practices originate in businesses’ proactive responses to the needs of their environment, society, and employees. Companies apply CSR or ESG not just to comply with laws but to uphold important standards that are not yet required by law.
Read moreIntricacies of foreign exchange in M&A
Mergers and acquisitions have been emerging as an attractive channel for international investors in Vietnam. However, some barriers are restricting foreign investors from entering shared sales and purchase agreements in Vietnamese enterprises. Two young lawyers Le Gia Khanh and Nguyen Van Hai Dang from NHQuang&Associates analyse the restrictions and how Vietnam can welcome more foreign funds.
Read moreComments on the Draft Law on Insurance Business (amended)
Mr. Nguyen Hung Quang, representing NHQuang&Associates, was invited to the Workshop for commenting some institutions of the Draft Law on Insurance Business (amended) (Draft 2.4 dated April 15, 2021) at the Workshop for Discussion and Consultation on the amendments and supplements to the Law on Insurance Business (amended) organized by the Insurance Supervisory and Authority (Ministry of Finance) in co-operation with the Civil-Economic Legislation Department (Ministry of Justice).
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