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Beneficial owners under 2025 Law on Enterprises – Who are they? In continuation of the update on the Law Amending and Supplementing Certain Articles of the Law on Enterprises, which highlights the novelty of the concept “beneficial owner”, the following article furnishes the latest updates on guidance for this concept. Beneficial owners identification The definition…
The Amended Law on Enterprise: 4 Key Changes Not to Be Missed In need of transparency in corporate governance and prevention of financial fraud amid Vietnam’s deepening integration into the global economy, the Law Amending and Supplementing Certain Articles of the Law on Enterprises (the “Amended LOE” or the “Amended Law“), effective from July 1,…
How Vietnam’s Revised PDP8 is Reshaping National Energy Priorities On 30 May 2025, Vietnam’s Ministry of Industry and Trade (MoIT) issued Decision 1509/QD-BCT (Decision 1509) to approve the Revised PDP8 Implementation Plan. Based on the Revised PDP8 which was approved by the Prime Minister on 15 April 2025, Decision 1509 determines the detailed period of…
Procedure of Appointing Ad – Hoc Arbitrators under Uncitral Arbitration Rules 2021 Amid the rapid growth of international trade as well as the increase of commercial disputes, selecting an appropriate dispute resolution mechanism is crucial to ensuring transparency and equity among business partners. In this regard, ad hoc arbitration is often favored as it affords…
Legal Framework for FEED in Vietnam: A Key Milestone Begins with Key Railway Projects On 11 June 2025, the Government of Vietnam issued Decree 123/2025/ND-CP detailing FEED applying for key railway projects as follows: Lao Cai – Ha Noi – Hai Phong Line North – South Express Railway Metro Systems in Hanoi and Ho Chi…
Statute of limitations in international arbitration – Vietnam perspective The statute of limitations, defining the timeframe within which legal action must be initiated, plays a pivotal role in ensuring justice and protecting parties’ rights in international arbitration. This article examines the application of the statute of limitations in arbitration from Vietnam’s perspective, where its characterization…
Presently, there are a variety of options available for resolving disputes – mediation, commercial arbitration, and of course, a court of law. Dispute resolution in a court of law should be considered as a “last resort” when and if the parties of the dispute fail to reach a consensus on the method of resolution. Read…
Legal Policy on Rooftop Solar (RTS) in Vietnam: Updated Since March 2025 Since 03 March 2025, following the ratification of the New Law on Electricity (2024), the policy on Rooftop Solar (“RTS”) system for self-production and self-consumption has been governed by the new Decree No. 58/2025/ND-CP of the Government of Vietnam (“Decree 58”). Decree 58…
Overview of dispute resolution at SIAC The procedures for dispute resolution at SIAC (“Singapore International Arbitration Centre”) have gathered the attention of most users of arbitration services in Vietnam. According to a 2021 statistic of SIAC, Vietnam is one of five countries with the most disputes accepted for resolution by this institution – with a…
