On July 18, Vietnam’s Ministry of Industry and Trade (MOIT) announced that its Competition and Consumer Protection Authority has reminded multi-level marketing (MLM) companies to fulfill their statutory reporting requirements. Specifically, under Article 49 of Decree No. 40/2018/ND-CP on Multi-Level Marketing, there is a requirement for MLM companies to submit reports every six months, using the...

Vietnam’s Ministry of Industry and Trade (MOIT) is considering issuing a circular to amend Circular No. 47/2014/TT-BCT of 2014 on the management of e-commerce websites, and Circular 59/2015/TT-BCT of 2015 on the management of e-commerce activities via mobile applications. It is expected that the amendments will be issued in the coming months. The proposed amendments in the...

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...

The Vietnamese government has recently published draft amendments to Decree No. 92/2016/ND-CP which governs the conditions for investment and business in the aviation industry (Decree 92). The new amendments will open up expanded opportunities for foreign investors in the burgeoning aviation industry, but will make it more difficult for new domestic entrants, due to increased...

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...