Insights

Decree No. 98/2021/ND-CP on medical devices management

On 08/11/2021, The Government promulgates Decree No. 98/2021/ND-CP (“Decree 98/2021“) on medical devices management. The Decree uniformly regulates this matter and abolishes all previous decrees on the management of medical devices, including Decree No.36/2016/ND-CP, Decree No.169/2018/ND-CP, Decree No.03/2020/ND-CP. This article focuses on some remarkable provisions of Decree 98 as follows: 1. Amendment in procedures for […]

ESOP of non-public companies in Vietnam

ESOP of non-public companies in Vietnam In recent years, Employee Stock Ownership Plan (“ESOP“) is becoming a popular solution for Vietnamese enterprises in their human resources strategy. The issuance of shares under ESOP (“ESOP Shares“) by the public company is subject to regulations of Law on Securities, which shall not be applied to the non-public […]

The Reduction of Deposit for Travel Service Business

On October 28, 2021, the Government issued Decree 94/2021/ND-CP (hereinafter referred to as “Decree 94”), amending and supplementing Article 14 of Decree No. 168/2017/ND-CP (hereinafter referred to as “Decree 168”), elaborating of some articles of the Law on Tourism regarding the deposit for travel service business. Accordingly, 80% of the deposit for the travel service […]

ENERGY INVESTMENT RISK ASSESSMENT 2021

EIRA – A Report released in 2021 on globally energy investments risk assessments. Coverage from 30 countries to 34 countries in 2020 – 2021 has been collected to report detailed assessment results from small countries such as Burundi, Mali, Mauritania, South Sudan and Yemen… Specifically, EIRA 2021 provides the latest information on energy projects, programs, […]