In order to ensure the consistency of regulations on sanctions for handling administrative violations with relevant regulations in legal documents which have newly come into effect in the field of planning and investment and simultaneously enhance the efficiency of state management in this field, the Ministry of Planning and Investment has been developing the Draft Decree on sanctioning administrative violations in the field of planning and investment based on opinions of individuals and organizations.
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New regulation on securing the performance of obligations
In order to overcome the inadequacies and obstacles in civil transaction practice that Decree 163/2006/ND-CP on secured transactions issued under Civil Code 2005 has not yet resolved, on March 19, 2021, the Government has issued Decree 21/2021/ND-CP guiding on the implementation of Civil Code 2015’s regulations on securing the performance of obligations. This Decree has been effective since May 15, 2021.
Read moreComments on the Draft Law on amendment and supplementation of some provisions of the Law on Intellectual Property
The Law on Intellectual Property is being amended and supplemented (the Draft IP Law) to overcome several problems arising in practice, ensuring conformity to the current science and technology development and meeting the commitments under the international treaties Viet Nam has engaged in.
Read moreNew regulations in Decree providing details and guidlines for the Law on Investment
On March 26, 2021, the Government issued Decree No. 31/2021/ND-CP providing details and guidelines for implementation of several articles of the Law on Investment. The Decree took effect from the date of promulgation.
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.
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