In practice, an act of giving gifts to others and taking gifts from others, on the basis of friendly, family, relative relations, is a normal practical conduct in Vietnam, particularly on such traditional, cultural or special occasions as Lunar New Year festival,…
On 12 November 2018, 14th Legislature of the National Assembly of Vietnam approved Resolution No. 72/2018/QH4, ratifying the Comprehensive and Progressive Agreement for Trans – Pacific Partnership (“CPTPP”) and relevant documents in its 6th Session. As stated in Document No.LGL/CPTPPD/2018-15 dated 26 November 2108 of the Ministry of Foreign Affairs of…
Different regulations on foreign direct and indirect investment are still found in many laws and legal documents in Vietnam, though the concept of direct or indirect investment has been no longer used in the Law on Investment 2014. Foreign exchange control regulations…
On 31 December 2018, the State Bank of Vietnam (“SBV”) issued Circular No. 51/2018/TT-NHNN (“Circular 51”), detailing the conditions, formality and compositions of application dossier, order and procedures for commercial banks and finance companies (hereinafter collectively called “Credit Institutions”) to obtain SBV…
