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TEMPORARY SUSPENSION OF PAYMENT TO THE PENSION AND DEATH BENEFIT FUNDS, DEFERENCE OF THE DEADLINE FOR PAYMENT OF TRADE-UNION FEE DUE TO COVID-19 PANDEMIC

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VICTORY LLC
Wednesday, 15 April 2020 / Published in Legal Updates
The current pandemic caused by COVID-19 virus has left its impacts not only on the social life but also the whole economy. Many businesses are under difficulties while developments of the disease is yet to be predicted. In order to timely release such burdens for enterprises which suffered damages due to the COVID-19 pandemic, and

PROMULGATING A NEW FEED-IN TARIFFS FOR SOLAR POWER PROJECTS IN VIETNAM (FIT 2 SCHEME)

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VICTORY LLC
Tuesday, 14 April 2020 / Published in Legal Updates
On 06/4/2020, Prime Minister issued Decision No. 13/2020/QD-TTg on incentives mechanism for development of solar power in Vietnam (“Decision 13”), taking effect as of 25 May 2020. Decision 13 imposed a new Feed-in Tariffs of note for solar power projects in Vietnam as follows: 1. Regarding grid-connected solar power projects Grid-connected solar power projects are

AMENDMENTS TO THE LABOR CODE FOR INTERNATIONAL INTEGRATION

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VICTORY LLC
Friday, 20 March 2020 / Published in Legal Updates
The Labor Code is one of many key legal instruments in terms of regulating labor relations, affecting all economic sectors, enterprises, organizations, and employees. Revision of the Labor Code is an essential step to overcome obstacles during the course of applying labor regulations, internalizing international labor standards in order to establish a legal framework for

MAXIMUM CAP ON FOREIGN OWNERSHIP RATIO TO BE ABOLISHED – GOOD NEWS FOR VIETNAMESE FINTECH COMPANIES

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VICTORY LLC
Monday, 17 February 2020 / Published in Legal Updates
Last November, the State Bank has gathered opinions on the Draft replacing Decree No. 101/2012/ND-CP on non-cash payments (“the Draft”)[1], in which a noteworthy point is the regulation on the maximum capital contribution ratio of foreign investors in the field of intermediary payment services. Specifically, foreign investors may only own, directly or indirectly, no more

LEGAL UPDATE [DECEMBER 2019]

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VICTORY LLC
Monday, 30 December 2019 / Published in Legal Updates
I. AMENDMENTS TO THE LAW ON INSURANCE BUSINESS AND LAW ON INTELLECTUAL PROPERTY 2019 To ensure the implementation of the Comprehensive and Progressive Trans – Pacific Partnership (CPTPP), the National Assembly has passed the Amendments to the Law on Insurance Business and Law on Intellectual Property under simplified procedures, taking effect as of 01/11/2019, except

LEGAL UPDATE [SEPTEMBER 2019]

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VICTORY LLC
Monday, 30 September 2019 / Published in Legal Updates
1. DECREE 39/2019/ND-CP “Regulations on organization and operation of small and medium enterprise development fund”

LEGAL UPDATE [JUNE 2019]

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VICTORY LLC
Sunday, 30 June 2019 / Published in Legal Updates
1. DECREE 05/2019/ND-CP “Regulations on internal audit”

LEGAL UPDATE [MARCH 2019]

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VICTORY LLC
Sunday, 31 March 2019 / Published in Legal Updates
1. RESOLUTION 01/2019/NQ-HDTP “Guidance on interest, interest rate in property loan agreement”

LEGAL UPDATE [FEBRUARY 2019]

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VICTORY LLC
Thursday, 28 February 2019 / Published in Legal Updates
1. DECREE 163/2018/ND-CP “New regulations on bond issuance“

LEGAL UPDATE [JANUARY 2019]

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VICTORY LLC
Thursday, 31 January 2019 / Published in Legal Updates
1. CYBERSECURITY LAW 2018 “Cybersecurity Law introduced into effect for the first time“
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