Convening a General Meeting of Shareholders (“GMS”) of a joint-stock company is not an unusual event in general and a publicly listed joint-stock company in particular. On the contrary, pursuant to the law of Vietnam, the GMS must be convened annually. Although it seems familiar, there are still some concerns arising out of the process, […]
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 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 […]
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 […]