AusCham Member, Frasers Law Company, has just released the following legal update, dated 6 May 2015, on the New Law on Investment and New Law on Enterprises.
It has been almost 10 years since the introduction of the Law on Investment and Law on Enterprises in 2005. After current practices emphasised the need for a transformation of the legal instruments regulating investment and enterprises, the National Assembly of Vietnam passed the new Law on Investment No. 67/2014/QH13 on 26 November 2014 (New LOI), and the new Law on Enterprises No. 68/2014/QH13 (New LOE), which will replace the previous laws as from 1 July 2015.
This legal update focuses on some of the most notable changes found in the New LOI and New LOE.
Please click the link below to read this legal update.