Legal practice activities – ranging from legal advisory, dispute resolution, and corporate restructuring to insolvency proceedings – have a material impact on investor confidence in Viet Nam’s business environment. In order to realize the Party’s policy objective of “transforming the law into a competitive advantage to meet the requirements of rapid and sustainable national development in the coming period,” policies and provisions governing the legal profession, particularly the Draft Law on Lawyers (amended), must ensure a comprehensive and enabling legal framework. Such a framework should facilitate the development of a competent Vietnamese legal profession and law practice organizations capable of accessing the global legal services market, thereby enhancing Vietnam’s overall competitiveness.
In this context, the article by Mr. Nguyen Hung Quang – Managing Partner of NHQuang&Associates – puts forward several recommendations concerning the Draft Law on Lawyers (amended), including reforms to the organizational and operational models of law practice entities, improvements to professional conditions and the role of lawyers, and the promotion of digital transformation within legal practice. These proposals aim to enable Vietnamese lawyers to compete effectively with their counterparts in Southeast Asia, across Asia, and in other developed markets.
👉 Click here to read the full article by Mr. Quang (Vietnamese only): https://lapphap.vn/Pages/TinTuc/212144/Du-thao-Luat-Luat-su–sua-doi–va-van-de-nang-cao-kha-nang-canh-tranh-cua-luat-su-Viet-Nam.html