Phuoc & Partners Vietnam International Law Firm

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Phuoc & Partners Attorneys At Law

Legal Update Newsletter February 2018

Our Part I of this Legal Newsletter introduces the legal article titled “Do not let enterprises grope for the way in the socialization process”, written by our Partner Luong Van Ly, Lawyer Le Tien Dat and Paralegal Nguyen Thi Hang. In this article, the authors analyzed the strengths of the current socialization law, the supportive policies in place and investment incentives when enterprises proceed with socialization. The authors also focus on the unsolved inadequacies of the legal regulations that make investors hesitant to socialize. From this analysis, they have recommended solutions to these obstacles with a view to seeking a legal corridor ensuring security for enterprises eager to participate in socialization.

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

  1. Detailed guidelines on the conditions for establishing micro-finance institutions
  2. Strengthening post-audits in the management of food safety
  3. Strengthening the regulations on copyright and related rights

Apart from the above, as usual, our Part III will provide you with a selected list of new regulations issued in February 2017 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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