Press Release: VIR INTERVIEW ON DECREE 37 AND LAW ON PLANNING

On May 7, 2019, the Government of Vietnam issued Decree No.37/2019/ND-CP, guiding the implementation of the Law on Planning.

Kent Wong, vice-chairman of EuroCham’s Legal Sector Committee and partner at VCI Legal, was invited to deliver his expert opinions about the benefits which the new Decree and Law on Planning in Vietnam would bring to the […]

AOA FORUM 2019 – VIETNAM MARKET – OPPORTUNITIES AND CHALLENGES

For the first time, the 5th AOA Forum 2019 was held by the Vietnam Association of Financial Investors (“VAFI”) and Asia Offshore Association (“AOA”) on 15-16 May 2019 at Melia Hanoi Hotel. About 100 participants, sponsors, speakers and partners attended the conference titled “New Frontiers: Cutting Edge Strategies for Private and Corporate Wealth in Southeast […]

THE USE OF FOREIGN CURRENCIES TO ESTABLISH AN ESCROW ACCOUNT IN VIETNAM

From March 2019, foreign investors are now entitled to use foreign currencies to make deposits as well as enter into escrow agreements.

The State Bank of Vietnam (“SBV”) has issued Circular No. 03/2019/TT-NHNN on amending and supplementing a number of articles of Circular No. 32/2013/TT-NHNN – guiding the implementation of regulations on restricting the use of […]

By |May 21st, 2019|Banking, Finance & Capital Markets|0 Comments

Press Release: VCI LEGAL DIRECTORS INVITED AS PROMINENT SPEAKERS AT THE 5TH ANNUAL ASIA OFFSHORE FORUM

VCI Legal proudly introduces the 5th annual Asia Offshore Forum of Asia Offshore Association (AOA) in Vietnam in May 2019.

More than 200 experts and investors from Vietnam and the region in the financial, commercial and investment sectors will attend 2 days in Hanoi with the talks centered around 19 MAJOR TOPICS OF VIETNAMESE FINANCIAL INVESTMENT:

! […]

RECOMMENDATIONS OF VCI-LEGAL ON DRAFT AMENDING AND SUPPLEMENTING THE INVESTMENT LAW AND ENTERPRISE LAW

On January 22, 2019, Ministry of Planning and Investment announced an Official Letter No. 363/BKHĐT-PC for the proposal of comments regarding the Draft amending and supplementing some articles of the Law on Investment and Law on Enterprise (hereinafter referred to as the “Draft”). VCI Legal has some preliminary comments as follows:

I. Regarding the revised Enterprise […]

PRESS RELEASE: VCI LEGAL CONTRIBUTES RECOMMENDATIONS TO THE DOING BUSINESS 2020 WORLD BANK SURVEYS

The World Bank’s Doing Business 2020 Project is a survey report which aims to provide objective measures of business regulations and their enforcement across 190 economies, including Vietnam. The study has become one of the flagship knowledge products of the World Bank Group in the field of private sector development, and has motivated the design of several regulatory reforms in developing […]

PRESS RELEASE: VCI LEGAL MANAGING PARTNER INVITED AS PROMINENT SPEAKER AT THE 46TH GLOBAL LEGAL CONFEX & LAW TECH EXHIBITION

VCI LEGAL 

Suite 42.05-06, Park 7, Vinhomes Central Park,  

720 Dien Bien Phu street, Binh Thanh District, HCMC, Vietnam 

Tel: +84 28 3827 2029 

February 19th, 2019 

PRESS RELEASE 

VCI LEGAL MANAGING PARTNER INVITED AS PROMINENT SPEAKER AT THE 46TH GLOBAL LEGAL CONFEX & LAW TECH EXHIBITION

VCI LEGAL is very happy to announce that on 21st Feb 2019 our Managing Partner Phung Anh Tuan will be a […]

TO SECURE CUSTOMER INFORMATION OF FOREIGN CREDIT INSTITUTIONS

On 11th September 2018, Decree No. 117/2018/ND-CP on the protection of confidentiality and provision of customer information of credit institutions and foreign banks’ branches (“CIs”) (“Decree 117”) was issued. Decree 117 has replaced Decree No. 70/2000/ND-CP (“Decree 70”).

Effective from 01st November 2018, Decree 117 aims to update regulations on the protection of customer information at […]

INVESTMENT DISPUTE RESOLUTION IN VIETNAM

With stable and high economic growth, Vietnam is currently a country with the highest investment attractiveness in the region. However, the movement of these investment flows is also a potential risk as the number of disputes has increased and the nature of these disputes is more complex than before. The question is what we should […]

CPTPP TO COME INTO FORCE FROM 30 DECEMBER 2018

Since the Australia Senate ratified the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on 31 October 2018 as the sixth country having ratified the CPTPP, the CPTPP will come into effect from 30 December 2018. Vietnam became the seventh country who finished the ratification of CPTPP on 12 November 2018.

Under the CPTPP’s terms, the […]