NEW LAND PRICE SCHEDULE ALIGNED WITH MARKET VALUES: IMPLICATIONS FOR LAND TITLE TRANSFERS, TAXES, AND LAND ACQUISITION COMPENSATION

1. Legal Framework for the New Land Price Schedule under the 2024 Land Law Pursuant to Article 159 of the 2024 Land Law, Vietnam’s land valuation framework has undergone several significant reforms. Abolition of the Government-Issued Land Price Framework The previous nationwide land price framework issued by the Government has been abolished. Instead, each Provincial […]

CRIMINAL PROCEDURE IN VIETNAM AND THE ROLE OF DEFENSE COUNSEL FROM THE INVESTIGATION STAGE

1. Overview of Criminal Proceedings in Vietnam A typical criminal case proceeds through four principal stages under the 2015 Criminal Procedure Code: Receipt of Crime Reports & Case Initiation → Criminal Investigation → Prosecution → Trial (First Instance / Appellate) 1.1. Stage One: Receipt and Verification of Crime Reports and Initiation of Criminal Proceedings Competent […]

LEGAL DUE DILIGENCE FOR STARTUPS SEEKING INVESTMENT: PROCEDURES, KEY REVIEW AREAS, AND PRACTICAL CONSIDERATIONS

1. Legal Framework Governing Startup Investments Legal due diligence in connection with startup investments in Vietnam is primarily governed by the following legislation: 2. Principal Areas Reviewed During Legal Due Diligence During the due diligence process, the investor’s legal advisors will typically require the startup to establish a secure Data Room containing corporate records and […]

AMENDING CHARTER OF A JOINT STOCK COMPANY – IMPORTANT LEGAL NOTES

A company’s charter is the cornerstone of its corporate governance, defining the rights and obligations of shareholders, the management structure, and the rules governing the company’s operations. As a joint stock company evolves, amendments to its charter may become necessary to reflect changes in business activities, ownership structure, governance practices, or legal requirements. However, such […]

Legal Issues Relating to Multiple Highly-Ranked Bidders in Public Procurement

Ensuring fairness, transparency, and effective competition is one of the fundamental principles governing public procurement under Vietnamese law. In practice, it is not uncommon for two or more bidders to achieve the same highest evaluation result during the bid assessment process, giving rise to legal questions regarding the determination of the successful bidder and the […]

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