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 moreAlongside with adding the new, removing the old is a must
“Alongside with adding the new, removing the old is a must” – an article written by Lawyer Nguyen Hung Quang on how legal compliance costs have affected economic development and economic freedom of the people, published on The Saigon Times, No. 19/2019.
Read moreMediation in Court: Promoting commercial dispute resolution before proceedings?
In order to further improve the quality of resolving civil disputes, the judicial authorities has laid down “Innovating, enhancing and improving the effectiveness of mediation in resolving civil cases” as a policy for the entire system.
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