Written by Vaibhav Saxena Valuing life with a climate change countering motto ‘save our planet’ ambitions remain on top priority for the world, enabling action at COP29 hosted by Baku for 2024. COP29 President-Designate letter describes the 2024 UN Climate Change Conference in Azerbaijan as “a litmus test” for the Paris Agreement, global climate action, and cooperation, with a new collective quantified goal (NCQG) on climate finance as its “centerpiece” with an active engagement of […]
Category: Legal Update
Practice Guide: Joint Ventures
Posted on Oct 8, 2024 in Legal Update by VILAF
In this Vietnam practice guide on Joint Ventures 2024, Senior Partner Anh Dang and Counsel Hoang Duong explore the latest market trends and shifts, regulatory restrictions and development in Joint Ventures, corporate governance and other essential considerations for negotiating joint venture agreements. For the full guide, click here: Joint Ventures 2024 – Vietnam | Global Practice Guides | Chambers and Partners
Legal Bulletin: October 2024
Posted on Oct 7, 2024 in Legal Update by VILAF
1. Selection of investors for projects using land On 16 September 2024, the Government issued Decree No. 115/2024/ND-CP (“Decree 115”) guiding the Bidding Law 2023 on selection of investors for projects using land. Decree 115 took effect from the date of signing and repealed Decree No. 25/2020/ND-CP dated 28 February 2020. Some key provisions of Decree 115 are summarised below. Projects subject to bidding and announcement of projects Projects using land for which bidding for […]
Legal Bulletin: September 2024
Posted on Sep 6, 2024 in Legal Update by VILAF
1. Decree guiding the Land Law The Government issued Decree 102/2024/ND-CP dated 30 July 2024 guiding a number of articles of the Land Law 2024 (“Decree 102”). Decree 102 took effect from 1 August 2024 and replaced Decree 43/2014/ND-CP dated 15 May 2014, Decree 01/2017/ND-CP dated 6 January 2017, Decree 148/2020/ND-CP dated 18 December 2020, Decree 10/2023/ND-CP dated 3 April 2023, Decree 42/2024/ND-CP dated 16 April 2024 and Decree 119-CP dated 16 September 1994. Below […]
Comparative Analysis of Export Processing Enterprises and Non-Export Processing Enterprises
Posted on Jul 15, 2024 in Legal Update by VILAF
In the rapidly evolving global economy, businesses continuously seek ways to optimize operations, reduce costs, and enhance competitiveness. One significant strategy involves understanding and leveraging the differences between Export Processing Enterprises (EPEs) and Non-Export Processing Enterprises (Non-EPEs) under Vietnamese law. Vietnam, with its strategic location, favorable trade agreements, and dynamic economic policies, has become an attractive destination for foreign investors and multinational companies. An EPE is a type of business entity designed to facilitate the […]