On April 26, 2023, the National Assembly promulgated the Law on Protection of Consumers Rights 2023 (LPCR 2023) replacing LPCR 2010. LPCR 2023 has addressed the limitations and shortcomings of the LPCR 2010 while also amending and supplementing numerous new provisions to enhance the quality of consumer rights protection in various transactions. LPCR 2023 has come into effect since July 01, 2024.
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Outstanding points of Decree 65/2023/ND-CP on procedures for establishment of industrial property rights
On August 23, 2023, the Government promulgated Decree 65/2023/ND-CP providing details for several provisions and measures for implementation of the Law on Intellectual Property on industrial property, protection of industrial property rights, rights to plant varieties, and state management of intellectual property. This Decree takes effect from the date of signing.
Read moreNew regulations on determination of origin of imports and exports
On May 31, 2023, Circular 33/2023/TT-BTC (Circular 33) on determining the origin of imports and exports was issued by the Ministry of Finance. This Circular comes into force from July 15, 2023, replacing Circular 38/2018/TT-BTC and other related Circulars.
Read moreOutstanding points about the transfer of ownership right over privately placed corporate bonds
On January 3, 2023, the Ministry of Finance issued Circular 30/2023/TT-BTC guiding the registration, depository, exercise of rights, transfer of ownership right, payment, and organization of the market for the trading of privately placed corporate bonds in the domestic market. This Circular takes effect from July 1, 2023
Read moreTypical contents of the Decree guiding copyright and related rights
On April 26, 2023, the Government promulgated Decree 17/2023/ND-CP detailing several provisions and measures for implementation of the Law on Intellectual Property on copyright and related rights. Decree 17 potentially creates significant impact on several parties such as organizations and individuals doing scientific research/academic studies, enterprises doing business in the fields of entertainment and providing intermediary services.
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