On 30 June 2023, the State Bank of Vietnam (SBV) issued Circular 08/2023/TT-NHNN (“Circular 08”) on conditions for foreign loans not guaranteed by the Government. Circular 08 will take effect from 15 August 2023 and replace Circular 12/2014/TT-NHNN issued on 31 March 2014 on the same related content.This legal update provides a number of notable novelties relating […]
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GV Lawyers would like to introduce our valued readers an article by Ms. Pham Thanh Mai titled “How Vietnam compensation rules ruin the rights of consumers in e-commerce transactions?” published on In-House Community site on 29 March 2023. *** 1. Background and context of e-commerce in Vietnam Online transactions are usually trivial, and dispute settlement, […]
At Global Vietnam Lawyers (GV Lawyers), you’ll have the chance to build a career as unique as you are, with the comprehensive support, inclusive culture and technology to become the best version of you. And we’re also counting on your abilities and perspective to help GV Lawyers become even better, too. We are a full-service […]
About the Global Vietnam Lawyers: At Global Vietnam Lawyers (GV Lawyers), you’ll have the chance to build a career as unique as you are, with the comprehensive support, inclusive culture and technology to become the best version of you. And we’re also counting on your abilities and perspective to help GV Lawyers become even better, […]
GV Lawyers would like to introduce our valued readers an article by Lawyer Dinh Quang Thuan titled “Who is the employer of those working for a representative office?” posted Saigon Economic Times (No 1.658) on 22 September 2022. *** In reality, there are trivial matters that often cause confusion through the application of law, but if due […]
SHARE DEALS AND ASSET DEALS In a typical M&A operation, shares or assets of the target company may be assigned from the seller to the buyer. In a share deal, the buyer’s aim is to become one of the owners or the new owner of the target company by acquiring part or the whole of […]
On 08 December 2019, the Government issued Decree 08/2020/ND-CP on the organization and operation of Bailiffs (“the Decree 08/2020”). Accordingly, Bailiffs are allowed to carry out 04 activities as follows: Document delivery Making a bailiff certificate Verification of civil judgment enforcement conditions Organizing enforcement of the Courts’ judgments and decisions 1. Document delivery The […]
In this Legal Alert, we would like to keep our readers informed of remarkable legal changes that have been summarized and analyzed from Official Letter 4308/BXD-HDXD issued by the Ministry of Construction and sent to People’s Committees of centralized provinces and cities on the management of construction projects with condotels, officetels, resort villas and shophouses. […]
The State Bank of Vietnam is collecting opinions on the Draft Circular on conditions for foreign loans by enterprises not guaranteed by the Government (“Draft”). This is a draft that is of great interest to the business community. This legal update provides a number of notable provisions in the Draft that affect enterprises: 1. Purpose […]
On 31 December 2019, the State Bank issued Circular No. 37/2019/TT-NHNN on guiding credit institutions and branches of foreign banks to act as insurance agents for insurance enterprises. (“Circular 37/2019“). Circular 37/2019 takes effect on 02 March 2020. Accordingly, a credit institution as insurance agents may conduct the following activities: Client referral: the credit institution may refer a client […]
GV Lawyers acted as sole legal advisor for the exclusive cooperation between Dai-ichi Life Insurance Vietnam Co. Ltd (Dai-ichi Life Vietnam) and Mai Linh Group Corporation (Mai Linh Group) to develop an exclusive network in promoting the life insurance for 15 years. By having cooperation between the qualified life insurance products of Dai-ichi Life Vietnam […]
On 01 January 2020, the Government issued Decree 03/2020/ND-CP amending and supplementing Article 68 of Decree No. 36/2016/ND-CP dated 15 May 2016 on management of medical equipment amended and supplemented by the Governmental Decree No. 169/2018/ND-CP dated 31 December 2018 amending and supplementing a number of articles of Decree No. 36/2016/ND -CP dated 15 May […]