Business and legal issues today are intertwined as never before.
PwC Legal (Vietnam) Co., Ltd is a law company established in 2000, and licensed in Vietnam by the Ministry of Justice, with its head office in Ho Chi Minh City and a branch office in Hanoi. As part of the PwC global network, we offers our clients comprehensive legal advisory services alongside the assurance, tax and advisory services provided by our associated PwC offices.
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On 23 August, the Government issued Decree 108/2018/ND-CP to amend Decree 78/2015/ND-CP on business registration. Decree 108 will take effect on 10 October. There are some welcome changes and easing of administrative procedures.
Non-competition agreements between employers and employees are relatively common in Vietnam. However, the implementation and enforceability of such agreements has been subject to various uncertainties.
The new Law on Competition dated 12 June 2018 replaces the Law on Competition 2004.
Further to our NewsBrief issued on 24 October 2017 regarding the Law on Technology Transfer which came into effect this month, the Government released Decree 76/2018/ND-CP providing guidance on some provisions of the LTT. Decree 76 also came into effect 1 July.
Decree No. 09/2018/ND-CP (“Decree 09”) was issued and came into effect on 15 January 2018 to provide guidance on the Law on Commerce and the Law on Foreign Trade Management regarding goods trading activities of foreign investors and foreign invested enterprises. Decree 09 replaces Decree 23/2007/ND-CP.
Decree 07/2016/ND-CP dated 25 January 2016 (“Decree 07”) requires an RO to submit an annual operation report on its activities to the local Department of Industry and Trade.
The new Law on Technology Transfer dated 19 June 2017 replaces the Law on Technology Transfer 2006.
