Frasers Newsletter Edition 3, 2011
9 May 2011
In this edition, we report on Circular 03 which provides much needed regulations on the implementation of Decree 108, regulating investment through build-operate-transfer projects.
We also discuss Decree 15 on Government guarantees: the circumstances when a Government guarantee will be given and conditions for their grant: what types of loans will be eligible for Government guarantees and a brief summary of the procedural steps.
We review Decree 113 which concerns damages resulting from pollution of the environment and regulates the means of determining the level of those damages.
Finally, looking outside Vietnam, we consider the UK Bribery Act 2010, and how this may impact on individuals or organisations closely connected with the UK, but resident or working in Vietnam.