Enterprise Law 2014 – Some confusions about definition of State-owned enterprises
Determination whether an enterprise is a State-owned enterprise may be important in certain context. For example,
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Determination whether an enterprise is a State-owned enterprise may be important in certain context. For example,
Set out below are the cases where the Enterprise Law 2014 allows piercing corporate veil (i.e. making a shareholder/member of a company liable for the liabilities of the company). This post is prepared by VILAF legal staffs, Nguyen Bich Ngoc and Ha Kieu Anh.
The Investment Law 2014 offers weaker stability protection for foreign investors against future changes in law. For the last two decades (since 1990) Vietnam has introduced four different Enterprises Laws and Investment Laws. Therefore, stability protection against future changes in law is important for long term foreign investors in Vietnam (e.g. those engaged in infrastructure projects with project financing). Under Investment Law 2014,
Changes
Perhaps the changes to the legal status and meaning of the Investment Certificate are one of the most important changes in the new Investment Law 2014. For decades, the Investment Certificate