Dismissing employees whether for under-performance or misconduct has always been a difficult task in Vietnam given the strongly pro-employee labour legislation However the Government has recently issued new legislation in an attempt to level the playing field and create a clearer avenue for ...

Vietnams new Law on Bankruptcy will take effect from 1 January 2015 bringing in a number of changes including a new definition of bankruptcy Partner Robert Fish and Junior Associates Giang Quang Nguyen and Linh Nguyen look at the most significant features of the new law and note what will differ ...

The long-anticipated changes to the rules on foreign investment in Vietnamese credit institutions allowing greater levels of foreign investment particularly in the case of weak banks will soon come into effect Partner Robert Fish and Senior Associate Linh Bui report ...

Recent years have seen players in the Vietnamese banking sector making extensive efforts to recover non-performing loans or bad debts The Government has issued new regulations to improve the processes for recovering and handling bad debt in Vietnam and has implemented a framework to facilitate the ...

A new law in Vietnam enabling state control of cyber data will have wide-ranging implications for business costs and compliance The powers it gives to the Government are extensive and its coverage is unprecedented Partner Linh Bui and Associates Hien Nguyen and Khanh Nguyen report on the key issues ...

Following the passing of the controversial Cybersecurity Law in June the Ministry of Public Security recently released for public consultation a draft decree providing detailed guidance on this law The draft contains a number of important clarifications of the localisation requirements applicable to ...

Key areas of focus included law reform in relation to data protection and foreign investment regulation and taxation as well as new laws aimed at protecting critical infrastructure assets and making companies operating in Australia more accountable in some of their business practices and operations ...

Vietnam continues to be an attractive destination for foreign investors As well as raising capital from equity investors both Vietnamese and foreign-invested enterprises continue to require foreign debt capital in the form of loans from overseas banks to establish and grow their businesses here ...

Private schools have become an increasingly attractive business in Vietnam as the large number of students from the growing middle class fuels demand for quality education while existing public schools struggle to keep up The Vietnamese Government has recently amended the legal regime for foreign ...

Taking effect from 5 May 2019, a new Decree on labour outsourcing services has been introduced with changes including a relaxation of licence application conditions, and the imposition of further restrictions in relation to the deposit aimed at providing greater protection for contract employees. ...