In 2023, a year marked by challenges both for Vietnam and globally, NHQuang&Associates has remained resilient and forward-looking. After nearly two decades since its inception, the firm has consistently expanded its studies and engagement, now consulting across various industries of international development trends. This effort has garnered high appreciation from our corporate clients, partners, as […]

After more than 9 years of implementation, the provisions of the Law on Bidding 2013 have revealed many limitations and shortcomings when implemented in practice, and are no longer suitable for the current socio-economic situation. Therefore, to improve the regulations on bidding, on June 23, 2023, the National Assembly passed the Law on Bidding 2023, replacing the Law on Bidding 2013 and taking effect on January 1, 2024.

In order to tackle the drawbacks of Decree 123/2020/ND-CP as well as further facilitate taxpayers, authorities, and organizations on activities related to invoices, and records, the Ministry of Finance is currently developing a draft to amend and supplement several provisions of this Decree (Draft).

On April 26, 2023, the National Assembly promulgated the Law on Protection of Consumers Rights 2023 (LPCR 2023) replacing LPCR 2010. LPCR 2023 has come into effect since July 01, 2024.