The Land Law 2024 has contributed to expanding the land use rights of overseas Vietnamese with many outstanding points. Broader regulations on land users Pursuant to Clause 6 Articles 5 of the 2013 Land Law, land users include “6. Overseas Vietnamese as prescribed by the nationality law”. However, the provisions in Clauses 3 and 6, […]
For various reasons, a business may fail to execute a court judgment. According to Decision No. 01/2023/QĐ-CA of the High People’s Court in Da Nang dated June 12, 2023, on May 4, 2023, the Gia Lai Provincial People’s Court received a petition to initiate bankruptcy proceedings for Company L, requesting the court to initiate bankruptcy […]
On August 23, 2024, at the Government Headquarters, Deputy Prime Minister Tran Hong Ha, Head of the State Steering Committee for national programs, projects, and key energy sector projects (Steering Committee), chaired the third session of the Steering Committee, with online connections to three provinces and cities: Can Tho, Đong Nai, and Ba Ria-Vung Tau. […]
On September 18, 2023, the General Department of Taxation issued Decision No. 1388/QD-TCT applying risk management in classifying Value Added Tax (VAT) refund files and selecting taxpayers to develop a plan for post-refund inspection and audit. Accordingly, in Article 6 of the Decision, the criteria index for classifying VAT refund files and selecting taxpayers with […]
National law’s influence on international commercial law stems from the fundamental principle of state sovereignty. Each country has the right to regulate commercial activities within its borders, and these regulations inevitably impact international transactions. This principle creates a challenging environment for businesses operating across national boundaries. One of the most significant ways national laws contribute […]
The League of Nations introduced a concise model text on the Most Favored Nation (MFN) principle in 1933, comprising approximately 300 words. However, the global economic crisis of 1929-1933 hindered widespread adoption of this principle. The onset of World War II nearly obliterated the MFN concept entirely. In the post-war era, however, the principle experienced […]