Vietnam - March 30 2012 On 15 November 2010, the National Assembly passed the Law on Protection of Consumers’ Rights (“Law 59”) to replace the 1999 Ordinance on Protection of Consumers’ Rights (“Ordinance”), effective from 1 July 2011.
Vietnam - October 8 2010 On 6 September 2010 the Ministry of Finance (MOF) issued Circular No.131/2010/TT-BTC providing guidance to foreign investors contributing capital to or acquiring shares in Vietnamese enterprises (Circular 131).
Vietnam - February 8 2012 Following the promulgation by the National Assembly of Vietnam of both Law No. 59/2005/ QH-11 on Investment (“Investment Law”) and Law No. 60/2005/QH-11 on Enterprises (“Enterprise Law”) on 29 November 2005 laying down the foundation for a new Vietnamese investment regime, the legal framework for an effective M&A sector in Vietnam has been evolving at a promising pace.
Vietnam - December 1 2011 On 14 October 2011, the Vietnamese Government issued Decree No. 90/2011/ND-CP on issuance of corporate bonds.
Vietnam - January 4 2011 On 18 November 2010, the Vietnamese Ministry of Finance issued Circular No. 186/2010/TT-BTC regarding remittance of profits overseas by foreign organisations or individuals that earn profit from their direct investment in Vietnam (Circular 186).