Insights

Protection of minority shareholders in joint stock company (Part 1)

Recently, Asia Legal assisted a joint-stock company (“Company“) to conduct a transaction to transfer shares of founding shareholders and amend the Company’s Charter. This case is an opportunity for us to learn how to apply the internal management regulations of joint stock companies under the Enterprise Law 2020 in a profound way. Below is the […]

Frequent legal compliance issues of enterprises in Vietnam

In the course of advising enterprises in Vietnam for their business and conducting legal due diligence on target companies in M&A transactions, we found some legal issues below that many enterprises in Vietnam are frequently involved in. These legal issues construe administrative violations by the Company which are subject to certain fines and sanctions under […]

AIJA 60th International Young Lawyers’ Congress in Singapore

At the end of August 2022, Asia Legal’s Managing Partner, Mr. Vinh Luu (Richard) participated in the 60th International Young Lawyers Congress in Singapore of the International Association of Young Lawyers (AIJA) and it was an honor to be the only lawyer in Vietnam participating in this Congress. This was a big annual event of […]

Structural debt, bad debt and enterprise debt trading

1. State policy in promoting the settlement of bad debts According to the report of the Government and the State Bank of Vietnam submitted to the National Assembly at the 3rd Session, the 15th National Assembly, as of December 31, 2021, that is, after nearly 5 years of applying Resolution 42/2017/QH14, the total the number […]