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,
Should a foreign investor make an equitisation investment?
The Government often encourages a foreign investor to acquire shares in a wholly State-owned enterprise to become a foreign strategic investor. It would be a huge PR success for a State-owned enterprise to successfully sell shares to a foreign investor during its equitisation. However, an equitisation investment is actually not ideal for a foreign investor from a legal or deal execution perspective.
Important implementing regulations of the Labour Code 2012
On 12 January 2015, the Government issued Decree 5/2015 implementing various provisions of the Labour Code 2012 in many different areas of the Labour Code 2012. Below are some important points introduced by Decree 5/2015. This post is contributed by Tran Thanh Tra, a VILAF associate.
Enterprise Law 2014: Piercing corporate veil
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.