Mr. Nguyen Hung Quang and Mrs. Nguyen Thuy Duong of NHQuang&Associates contribute Chapter 22 – Contract Interpretation and Unfair Terms in Vietnamese Contract Law in the book “Studies in the Contracts of Law – Volume III Contents of Contracts and Unfair Terms”.
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Asia-Pacific Trusts Law: Theory and Practice in Context (Volume 1)
In this publication, Mr. Nguyen Hung Quang and Ms. Nguyen Thuy Duong of NHQuang&Associates participate in developing the Chapter on Property Management Relationships and “Trusts” in Vietnam.
Read moreNew regulations of the draft decree amending Decree 01/2021/ND-CP on enterprise registration
Decree 01/2021/ND-CP on enterprise registration (Decree 01) has positively impacted administrative procedure reform in enterprise registration but also revealed certain shortcomings. Therefore, the Ministry of Planning and Investment is currently developing a draft to amend and supplement several provisions of Decree 01.
Read moreNew regulations on statutory minimum wages paid to employees working under labor contracts
On June 30, 2024, the Government promulgated Decree 74/2024/ND-CP prescribing statutory minimum wages paid to employees working under labor contracts, thereby changing the regulations on the hourly and monthly statutory minimum wages, at the same time, readjusted some areas applying the minimum wage according to Regions I, II, III, IV Upon its effectiveness, Decree 74/2024/ND-CP will replace the previous Decree 38/2022/ND-CP prescribing statutory minimum wages paid to employees working under labor contracts.
Read moreSome new points on the conditions for foreign loans not guaranteed by the Government
To ensure relevancy with the characteristics of foreign loan transactions arising from Letter of Credit operations and to support enterprises’ payment for imported goods and services, the Governor of the State Bank of Vietnam has issued Circular 19/2024/TT-NHNN amending and supplementing a number of articles of Circular 08/2023/TT-NHNN regulating the conditions for foreign loans not guaranteed by the Government (Circular 19). Circular 19 takes effect from July 1, 2024.
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