Notable regulations of 2022 that enterprses should concern
1. Adjustment of regulations on e-commerce The Government issued decree 85/2021/ND-CP on September 25th, 2021 amending and supplementing a number of articles of Decree 52/2013/ND-CP on e-commerce with adjustments to a number of regulations on E-commerce, specifically: The remarkable point of this Decree is that traders and organizations, which provide logistics services and other […]
Notable policies will take effect from December 2021
1. Changes in regulations on tax incentives consideration period On November 15, 2021, the Government issued Decree 101/2021/ND-CP amending and supplementing several articles of Decree No. 122/2016/ND-CP dated September 1, 2016 of the Government and Decree No. 57/2020/ND-CP dated May 25, 2020 of the Government amending and supplementing several articles of the Government's Decree No. […]
DATA CENTER SERVICES IN VIETNAM: LEGAL UPDATES
A. INTRODUCTION The importance of data centers for businesses and IT operations nowadays is undeniable, especially in this age of digitation, e-commerce and digital banking. For foreign companies doing business in Vietnam, it is worth noting the data localization requirement under Vietnam’s Law on Cybersecurity, whereby both local and foreign companies collecting, exploiting, analyzing and […]
When does a capital raising contract to purchase off-the-plan housing have the nature of a deposit contract?
When does a capital raising contract to purchase off-the-plan housing have the nature of a deposit contract?
What is the collaboration contract and its legal risk?
What is the collaboration contract and its legal risks?
What is the relationship between the validity of security contract and transfer contract?
What is the relationship between the validity of security contract and transfer contract?
Loan structure in Vietnam company
Question: Company A is 100% shareholder of Vietnam Company. So far company A has granted loans in the amount of USD 1 milions to Vietnam company. The questions would be: What is the exact definition of investment capital under Vietnamese law? Does the investment capital have to be increased as a result of the planned […]
The difference between CISG and Vietnamese Law
Validity of contract - CISG: does not regulate this content. - Vietnamese Law: A goods purchase contract is valid when the following conditions are satisfied: The subject has civil legal capacity, civil act capacity suitable to the established civil transaction; Entities participating in civil transactions completely voluntarily; The purpose and content of the civil transaction […]
ICC Arbitration rules 2021 will bring beneficial changes to all parties involved
In an important development for businesses engaged in cross-border transactions, the International Chamber of Commerce has amended its arbitration rules effective January 1, 2021. The amendments are designed to increase the efficiency, flexibility, and transparency of ICC arbitrations, while largely maintaining the core provisions that have made the ICC one of the most popular international […]