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vietnam legal framework has been working hard to improve vietnam legal framework its social-economic legal system with a view vietnam legal framework to creating an environment and level-playing field vietnam legal framework conducive for the development of a market vietnam legal framework economy and in compliance with WTO rules

As a member of WTO, vietnam legislation Vietnam has made great efforts to develop vietnam legislation modern intellectual property legislation to ensure the vietnam legislation fulfillment of its obligations under TRIPS. vietnam legislation Among the laws and codes that have vietnam legislation been amended.

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Vietnam recognizes the importance of protecting intellectual vietnam Intellectual Property law property rights, vietnam Intellectual Property law which include copyright, vietnam Intellectual Property law industrial property and plant varieties.

Daily Legal News

2012/01/13

State Bank regulates overseas lending

The State Bank of Viet Nam issued Circular No 45/2011/TT-NHNN on December 30 regulating overseas lending and collecting debt by credit institutions. Under the circular, intended to control outbound foreign currency flows, domestic credit institutions are only allowed to lend to an enterprise with capital contributed by a Vietnamese enterprise in the form of a direct overseas investment. [+]

2011/12/29

Extension of syndicated loans authorised

The State Bank of Vietnam issued Circular No 42/2011/TT-NHNN on December 15, providing for the extension of syndicated loans by two or more credit institutions and branches of foreign banks to borrowers with projects or business plans in Vietnam.

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2011/12/26

Copyright violations draw big fines

The Government issued Decree No 109/2011/ND-CP on December 2, amending Decree No 47/2009/ND-CP of May 2009 on administrative sanctions for violations of copyright and related rights. Under the new decree, reproducing a sound or video recording without permission of the copyright holder shall be subject to a fine of VND400-500 million (US$19,000-23,000) if the value of the recording is greater than VND500 million.
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