On April 5, 2022, the Government issued Decree 23/2022/ND-CP on the establishment, rearrangement, conversion and transfer of the right to act as the representative of state ownership in the enterprise of which 100% of the charter capital is held by the State which takes effect on June 1, 2022. New regulations on establishment, rearrangement, conversion and transfer of enterprises of which 100% of charter capital is held by the State are addressed in this article.
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Some new provisions on offer and trading of privately-placed corporate bonds in domestic market
After more than 1 year of issuance and implementation, Decree 153/2020/ND-CP on offer and trading of privately-placed corporate bonds in domestic market and offer of corporate bonds to international market (Decree 153) has revealed certain inadequacies in the context of overheating of the corporate bond market in Viet Nam, with the appearance of unlawful capital mobilization from bond issuance. As a result, the Ministry of Finance is drafting a Draft Decree for amending and supplementing Decree 153 to respond to the current developments of the market.
Read moreSome notable provisions in the Draft Law on Protection of consumers’ rights (amended)
After almost 11 years of implementation, several provisions of the Law on Protection of Consumers’ Rights 2010 have been no longer consistent with the reality, causing many problems and inadequacies. In order to ensure the interests of consumers in the changing economic and social context, the Draft Law on Protection of Consumers’ Rights (the Draft Law) has been drafted and is now in the process of collecting opinions. This article reviews some key points of the Draft Law on Protection of Consumers’ Rights (Draft 2) posted on the Government Portal.
Read moreSome new regulations on real estate business activities
On January 6, 2022, the Government issued Decree 02/2022/ND-CP providing details for the implementation of some articles of the Law on Real Estate Business, replacing Decree 76/2015/ND-CP. On January 6, 2022, the Government issued Decree 02/2022/ND-CP providing details for the implementation of some articles of the Law on Real Estate Business, replacing Decree 76/2015/ND-CP. Some notable contents of this Decree are presented in this article.
Read moreSome outstanding contents of Decree 92/2021/ND-CP
On October 27, 2021, the Government issued Decree 92/2021/ND-CP detailing the implementation of Resolution 406/NQ-UBTVQH15 of the National Assembly Standing Committee on the solutions to support businesses and people affected by the COVID-19 pandemic.
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