On 24 March 2020, the Government issued Decree 35/2020/ND-CP detailing a number of articles of the Law on Competition by the National Assembly on 12 June 2018. Accordingly, Decree 35/2020/ND-CP will take effect on 15 May 2020 and feature some remarkable contents as follows: (a) Determination of relevant market Relevant market is determined based on […]
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May
May
On 26 June 2019, the State Bank of Viet Nam issued Circular No. 06/2019/TT-NHNN on guiding foreign exchange control for foreign direct investment (FDI) activities. Accordingly, Circular 06 features some key points as follows: Foreign direct investment activities in Vietnam According to Circular 06, foreign direct investment activities in Vietnam include: Contribute investment capital; Open […]
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May
May
GV Lawyers acted as the legal advisor providing legal advice, reviewing/drafting contracts for product sales of a beach-front resort villa complex and condotel project of Ana Mandara in Cam Ranh, Khanh Hoa, with a total area of approximately 29 hectares. GV Lawyers team including Van Quynh Nguyen, Hang Nguyen, and Yen Tran.
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May
May
1. Regulations on measures to prevent and control the Covid-19 pandemic The COVID-19 pandemic broke out globally, affecting nearly 2 million people, killing over 126,000 people in 210 countries (Source: https://www.worldometers.info/coronavirus/ dated 15 April 2020) and territories and showing no sign of ending. In Vietnam, the number of infected cases increases rapidly day by day […]
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May
May
On 30 July 2019, the Ministry of Industry and Trade issued Circular No. 12/2019/TT-BCT regulating the rules of origin in the Framework Agreement on Comprehensive Economic Co-operation between the Association of South East Asian Nations and the People’s Republic of China. Circular 12 takes effect from 12 September 2019 and has the following new points: […]
31
May
May
GV Lawyers acted as Vietnam legal advisor for the Respondent in an administrative lawsuit on copyright infringement between a subsidiary of a world-class leader US-based in the design and manufacturing of custom blow molds for the plastics industry and a computer software company specializing in the production of product lifecycle management solution. GV Lawyers assisted […]
31
May
May
On 31 December 2019, the Ministry of Construction issued QCVN 04: 2019/BXD in attachment to Circular 21/2019/TT-BXD on the National Technical Regulations on condominiums (“QCVN 04:2019/BXD”). Accordingly, QCVN 04: 2019/BXD will take effect on 31 December 2019 and feature some remarkable contents as follows: 1. Governing scope and subjects of application QCVN 04:2019/BXD prescribes the […]
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Additional legal corridors for management and transaction of the projects with condotels, officetels, resort villas and shophouses
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May
May
On 03 September 2020, the Ministry of Construction issued Official Letter No. 4308/BXD-HDXD to People’s Committees of centralized provinces and cities on the management over the investment and construction of the projects with condotels, officetels, resort villas and shophouses. Accordingly, Official Letter No. 4308/BXD-HDXD addresses the matters related to condotels, officetels, resort villas and […]
31
May
May
GV Lawyers acted as the Vietnam legal advisor for the developer of Fusion Maia Quy Nhon Resort in developing the kit of contracts of sale and rental pool arrangement for this beach-front villas resort. GV Lawyers team including Chuong Nguyen, Hang Nguyen, Huong Pham and Yen Tran.
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May
May
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 […]
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May
May
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. […]
31
May
May
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 […]