ENTERPRISE LAW

Update news ENTERPRISE LAW

Assembly adopts three laws and two resolutions

VietNamNet Bridge – The National Assembly reviewed State Budget revenue streams dating back to 2011, identified a series of shortcomings in the capital disbursement process and discussed changes to the country's project bidding law

Laws lack implementation instructions

VietNamNet Bridge – Eight of 13 laws that took effect since the beginning of 2013 still have no decrees or circulars with instructions on how to implement them. This means that many promulgated laws will be implemented later than planned.

Non-reregistered FIEs seen getting lifeline

Nearly 3,000 foreign-invested enterprises missing the deadline for renewing their investment certificates may escape shutdown as a proposal to annul the re-registration requirement for FIEs has gathered support.

NA deputies continue to debate amendments to Enterprise Law

 VietNamNet Bridge – A majority of the NA deputies agreed with the amendments to Clause 2 under Article 170 of the 2005 Enterprise Law proposed by the Government.

National Assembly discusses draft laws

Continuing the fifth sitting of the 13th National Assembly, legislators on May 28 discussed in groups the draft Law on amendments and supplements to a number of articles of the Law on Fire Prevention

NA debates amendments to Enterprise Law

VietNamNet Bridge – Continuing the fifth sitting of the 13th National Assembly, deputies on Saturday examined the draft amendments to the Enterprise Law, as well as a proposal asking for NA approval of the State budget balance

NA Standing Committee debates changes to laws

VietNamNet Bridge – The National Assembly Standing Committee discussed the amended Bidding Law draft and amendments to the Enterprise Law at a meeting in Ha Noi yesterday, May 15.

Laws create the bans, but don’t stipulate punishments

The Enterprise Law and relating laws stipulate that enterprises must not use the same names registered before by other enterprises. However, it does not mention how to punish the violators.