Le Van Duong is an Of Counsel at Indochine Counsel based in Hanoi, Vietnam. Duong has 16 years of experience to work with clients on matters involving investment, real estate, energy and natural resources, corporate & commercial transactions, mergers and acquisitions for both domestic and international corporations. Prior to joining Indochine Counsel, Duong worked as an associate for two local law firms, LDV Lawyers and YKVN, and as a senior associate for a Korean law firm, Jipyong Law Vietnam LLC. He also practices as an in-house counsel for Knight Frank Vietnam, Masan Group and Vingroup.
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After the ratification of the Comprehensive and Progressive Agreement for Trans-pacific Partnership (CPTPP) on 24 August 2020, the Government of Vietnam promulgated Decree No. 95/2020/ND-CP providing guidelines on procurement bidding under CPTPP (“Decree 95”) with immediate effect. Governing (...)
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On 24 March 2020, the Government issued Decree No. 35/2020/ND-CP (“Decree 35”) providing detailed regulations for implementation of the new 2018 Law on Competition (the “2018 Competition Law”), which took effect on 1 July 2019. This decree will come into force from 15 May 2020. The 2018 (...)
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To implement Articles 110 and 111 of the new 2018 Competition Law (the “2018 Competition Law”), the Government has released Decree No. 75/2019/ND-CP, dated 26 September 2019, stipulating administrative sanctions in the sector of competition (“Decree 75”) which supersedes Decree No. (...)
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On 26 June 2019, the State Bank of Vietnam (the “SBV”) promulgated Circular No. 06/2019/TTNHNN guiding foreign exchange control of foreign direct investment activities in Vietnam (“Circular 06”), which replaces Circular No. 19/2014/TT-NHNN. Circular 06 provides new provisions in relation to (...)
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On 12 June 2018, the National Assembly promulgated Law on Competition No. 23/2018/QH14 (the “2018 Law on Competition”). The 2018 Law on Competition will take effect on 1 July 2019 and replace Law No. 27/2004/QH11. Various provisions incorporated in the newly issued 2018 Law on Competition have (...)
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Foreign Investors in Vietnam treat education as an attractive sector for investment. Seeing the need for a more effective regulatory legal framework in this field to attract more foreign investment, the Government promulgated Decree No. 86/2018/ND-CP, dated 6 June 2018 (“Decree 86”), which (...)
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On 22 May 2018, the Government promulgated Decree No. 81/2018/ND-CP guiding the Commercial Law with respect to commercial enhancement activities (“Decree 81”), which supersedes Decree No. 37/2006/ND-CP (“Decree 37”) In comparison with Decree 37, Decree 81 has remarkable changes which may (...)
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On 16 November 2017 the Government issued Decree No. 126/2017/ND-CP on conversion from state-owned enterprises and single-member limited liability companies with 100% of charter capital invested by state-owned enterprises (“SOE”) into joint-stock companies (“Decree 126”) Below are some (...)
