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
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
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
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
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
