The People’s Court of Ho Chi Minh City was recently requested to overturn an arbitral decision by the Vietnam International Arbitration Center (VIAC) relating to a non-competition clause. In the end, however, the court ruled that VIAC’s decision was correct, thus upholding a non-compete clause signed between a company and its employee. The decision represents one of the first times in Vietnam in...

On June 12, 2018, the Ministry of Justice, the Supreme People’s Procuracy, and the Supreme People’s Court of Vietnam issued Joint Circular No. 07/2018/TTLT-BTP-VKSNDTC-TANDTC, on coordination in the enforcement of court decisions on bankruptcy. Joint Circular 07 comes into force on August 1, 2018. The joint circular provides detailed guidelines on a number of issues pertaining to the order and...

The new Myanmar Companies Law 2017 will come into force on August 1, 2018, substantially reforming how companies—both domestic and foreign—do business in Myanmar. Our recent summary of the new Myanmar Companies Law provides an overview of these reforms. In advance of the reforms, the Department of Investment and Company Administration recently announced the launch of its new digital corporate...

Last week, Vietnam’s Ministry of Industry and Trade (MOIT) decided to suspend the drafting process for a controversial new decree that had been proposed on the development and management of the distribution sector (the Draft Decree). It was anticipated that the drafting process would be completed this summer and the Draft Decree would be submitted to the government for adoption in the fall. The...

On May 22, 2018, the government of Vietnam promulgated Decree No. 82/2018/ND-CP on industrial and economic zones (Decree 82) replacing Decree No. 29/2008/ND-CP dated March 14, 2008, as amended by Decree No. 164/2013/ND-CP and Decree No. 114/2015/ND-CP (Decree 29). Decree 82 will come into effect from July 10, 2018. Below are some key changes of Decree 82 in comparison to Decree...