The Law on Enterprises has undergone amendments since the first incarnation 20 years ago, which impacted the change in business freedom and contributed to a fair, and non-discriminatory business environment. Nguyen Hung Quang, managing partner of NHQuang&Associates, analyses the development and implementation of the law over the last two decades in order to draw some lessons for lawmaking and enforcement in Vietnam.
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New policy can change owner limit approach
Attracting international investment flows into state-owned enterprises by increasing foreign ownership limits will bring equal treatment between domestic and overseas investors. Tran Thi Thanh Huyen, partner at NHQuang&Associates, discusses the bottlenecks in the equitisation process and how important the revision of the relevant laws to international ventures is.
Read moreSlide: Reforming Bankruptcy Law in Vietnam
The study on “Reforming Bankruptcy Law in Vietnam – Views from Insolvency Administrator” was done by Mr. Nguyen Hung Quang. The presentation was conducted at the Workshop “Private Trustees – Legal Execution Department” on 18-19 July, 2019 in Thailand.
Read moreThe Aspiration of Enterprises Towards Courts’ Activities in Enforcing Contracts
The report applies the methodology of the World Bank’s Doing Business report, analyzing court operations from the perspective of businesses in relation to contract enforcement. It identifies several shortcomings that need to be addressed in order to make court operations more effective and business-friendly, thereby contributing to Viet Nam’s economic development.
Read moreSlide: Systemic Investor Response Mechanism (SIRM)
Mr. Nguyen Hung Quang makes a presentation on “International experiences in development of the program/mechanism for preventing and minimizing investor grievances and disputes – Systematic Investor Response Mechanism (SIRM) at a workshop on “Preventing and minimizing international investor grievances and disputes” on 22 June 2018.
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