Legal Updates

Inadequacies in providing advertising services for foreign investors

Advertising is the employment of various means to present the public with profitable products, goods and services; non-profitable products and services; organizations and individuals trading and providing the presented products, goods and services, except for news, social policies, and personal information. In recent years, advertising services have been a field of interest to foreign investors, […]

Draft Circular expecting to allow foreign investors to invest in trading interest-rate derivative products in Vietnam

Interest-rate derivative products have appeared in Vietnam since 2015 as a financial instrument used to hedge and limit risks from interest-rates fluctuation in the underlying market. However, at present, the Vietnamese authority has only granted permission to 7 commercial banks, namely Lienvietpostbank, BIDV, ABbank, HDbank, Vietcombank, Techcombank and Viettinbank, which are eligible to provide interest-rate […]

Amending provision on assessment and grant of certificates of national occupational skills

On September 1, 2021, the Government published a draft amending and supplementing a number of articles Decree No. 31/2015/NĐ-CP detailing several articles of the Law on employment regarding assessment and grant of certificates of national occupational skills was issued on March 24, 2015, and took effect from May 15 2016 (hereinafter referred to as “Draft”) for […]

Decree 85/2021/ND-CP amending and supplementing a number of articles of Decree 52/2013/ND-CP on E-commerce

On September 25, 2021, the Government issued Decree 85/2021/ND-CP (hereinafter referred to as “Decree 85/2021“), amending and supplementing a number of articles of Decree 52/2013/ND-CP (hereinafter referred to as “Decree 52/2013“) on e-commerce. This article covers new notable regulations in Decree 85/2021, specifically as follows: 1.         Supplementing logistics services as the subject of e-commerce […]