The transition to a two-tier court system comprising the Provincial People's Courts (PPCs) and the Regional People's Courts (RPCs) represents one of the most significant reforms in Vietnam's judicial system. Pursuant to the Law on the Organization of People's Courts 2024 and its implementing instruments, the Standing Committee of the National Assembly promulgated Resolution No. 04/2026/UBTVQH16 dated 10 June 2026 (amending and supplementing Resolution No. 81/2025/UBTVQH15) to refine the jurisdictional framework and organizational structure of the reformed court system. The fundamental shift from a court system organized according to district-level administrative boundaries to a regional court model raises important legal implications for both individuals and businesses. How is the new judicial system structured, and what critical legal issues should litigants be aware of when participating in legal proceedings from 2026 onward?...View more
Starting from February 9, 2026, Decree No. 340/2025/NĐ-CP, which regulates administrative penalties in the monetary and banking sectors, will officially take effect....View more
Recently, the phrase "confiscating gold without invoices" has flooded social media, sparking widespread anxiety and endless debates over ownership rights. Understanding the legal nature of these rumors is essential to protecting your assets and maintaining safety and transparency in market transactions....View more
What are the procedures for issuing a certificate of production of gold jewelry and fine arts?...View more
Changing and supplementing business lines...View more
Pursuant to Article 4 of the 2020 Law on Enterprises: “A founding shareholder is an individual or organization that owns at least one common share and signs the list of founding shareholders of a joint stock company.”...View more
In order to achieve economies of scale, certain enterprises currently proceed to acquire part or all of the shares of another company, treating it as a subsidiary. This measure serves to enhance operational efficiency and expand the market share of the acquiring enterprise. The brand name of the acquired company may either be retained or changed, subject to the discretion of the acquiring entity....View more
