Recognition and Enforcement of Foreign Arbitral Awards in Vietnam
In this case analysis, our authors discuss (based entirely upon facts, matters, and circumstances which are already a matter of public record) the key substantive and procedural aspects of SPNC’s claims against RDH, the SIAC arbitral award, the first instance Court decision to refuse to recognise the SIAC award, and ultimately the appeal Court decision to recognise the SIAC award for enforcement in Vietnam.
Legal Analysis: Impact of the Commercial Law on Share Sale and Purchase Transactions in Vietnam
Our legal analysis discusses Vietnam’s Commercial Law and the ways in which it is sometimes manipulated to impact adversely on share sale and purchase transactions in Vietnam. Our authors explore whether or not the Commercial Law was intended to regulate share sale and purchase transactions and the manner in which it is sometimes deployed by share sale and purchase participants in ways that are unlikely to have been envisaged by its authors.
Frasers Vietnam Arbitration Guide 2023
With Vietnam’s economic trajectory comes the increasing interest in major projects and transactions, and therefore also the risk of disputes among contracting parties.
Strengthening Consumer Protection: Notable changes under the new consumer rights protection law
On 20 June 2023, the National Assembly of Vietnam passed the Law on Protection of Consumers’ Rights, which will come into force on 1 July 2024, superseding the current Law on the Protection of Consumers’ Rights No. 59/2010/QH12
Proposed Abolition of the On-the-Spot Export and Import Customs Clearance Procedures
Vietnam’s on-the-spot (OTS) export and import customs clearance procedures which are regulated under Article 35, Decree No. 08/2015/ND-CP of the Government dated 21 January 2015 (Decree 08)
New Instruments on Onshore and Cross-Border Lending Activities
The State Bank of Vietnam (SBV) has released two instruments to amend, supplement, and revise the current regulations to both onshore and cross-border lending activities
Global Minimum Tax: Implications for FDI in Vietnam
In 2013, the Organisation for Economic Co-operation and Development (OECD) introduced the Global Minimum Tax (GMT) rate, which has been agreed upon by 142 countries and is to be officially implemented from 1 January 2024.
The New Law on E-Transactions
The National Assembly of Vietnam passed the former Law on E-transactions (Former Law) 18 years ago at the early stages of Vietnam’s information technology infrastructure.
Decree 46: Implications for the Insurance Sector
The Law on Insurance Business was promulgated on 16 June 2022 and became effective on 1 January 2023.
Contemporary Issues: Insolvency and Arbitration in Vietnam
Dispute resolution procedures are normally provided for in contracts and agreements to settle a creditor’s claims, but what happens when the debtor’s bankruptcy is imminent?
PDPVIII Approved: What's in it? What's next?
Vietnam’s long-awaited Power Development Plan (PDPVIII) for the period 2021 – 2030, with a vision to 2050, was approved by the Prime Minister of Vietnam on 15 May 2023.
Demystifying the Just Energy Transition Partnership Between the International Partners Group and Vietnam
The Just Energy Transition Partnership (JETP) is an initiative and political declaration between the public (International Partners Group-member countries), the private sector (Glasgow Financial Alliance for Net Zero Working Group), and the Government of Vietnam
The Personal Data Protection Decree: Are you ready for it?
After more than two years since the first introduction of the draft in 2021, the Decree on Personal Data Protection, Decree No. 13/2023/ND-CP (Decree 13)
Tax Update: Vietnam VAT Rate Reduction from 10% to 8% in 2023
On 17 April 2023, the Vietnamese Government agreed in principle with the Ministry of Finance’s proposal of reducing the VAT rate from 10% to 8%
Contemporary Issues in the Maritime, Shipping, and Shipbuilding Space: Common Sources of Disputes
Maritime, shipping, and shipbuilding industries play a crucial role in the global economy. These industries transport goods and resources across international waters, including goods and resources that may have geo-political implications and consequences should there be any supply chain disruptions, and their impact on national economies, including Vietnam, cannot be underestimated.
The Extraterritorial Scope of Data Protection Laws of Vietnam's Major Trading Partners
Are the laws of Vietnam on cybersecurity and data protection the only body of law applicable to data processors and data controllers domiciled in Vietnam?
Contemporary Issues in Construction Contracts: Common Sources of Disputes
Vietnam’s construction industry is billeted as among the best performing in the Asia-Pacific region, with growth expected to continue throughout the decade