Phuoc & Partners Vietnam International Law Firm

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Phuoc & Partners Attorneys At Law

Legal Update Newsletter January 2012

Our Part I of this Legal Newsletter is a legal article recently published in the Thoi Bao Kinh Te Sai Gon named “Legal representative, who are you?” written by our lawyer Ms. Pham Thi Minh Trang. By this article, we provide our comments on a number of legal aspects concerning the legal representative of the enterprise in accordance with the law of Vietnam.

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

  1. Shortening the time-limit for granting the contractor’s permit to the foreign contractors conducting construction activities in Vietnam.
  2. The open fund is not permitted to directly invest into real estate, security funds, stock of the Vietnamese security investment companies

Our Question and Answer section in Part III will provide you with legal information regarding the payment of severance allowance to the employee.

Apart from the above, as usual, the selected list of news regulations is available 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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