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Phuoc & Partners Attorneys At Law

Legal Update Newsletter April 2016

Our Part I of this Legal Newsletter introduces the legal article titled “Investment procedures – More amendments and more trouble” written by Lawyer Pham Thi Hai Yen and Ms. Nguyen Thi Hong Hien, as published in The Saigon Economic Times dated 24 March 2016. In this article, the authors objectively share the weaknesses that need to be improved through the application of laws for the licensing procedures as revised in the Law on Investment 2014. The authors discuss how “old habits die hard” when the application of the law has increased the complexity and inefficiency of investment procedures, even if has been modified.

In Part II, we would like to provide you with some remarkable regulations as follows:

  1. New regulations on the deposit and use of valuable papers at the State Bank of Vietnam.
  2. Handling of corporate names infringing the right of industrial property.
  3. Guidance on calculating the deferred interest on social insurance premiums.

Apart from the above, as usual, our Part III will provide you with a selected list of new regulations issued in April 2016 for your further reference.

We hope that this Newsletter is of use to you. Should you have any questions, please feel free to contact us.

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