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
Changes in administrative boundaries following a merger are not merely a matter for administrative agencies but also entail shifts in legal proceedings. Particularly in real estate disputes, when a property falls under a new administrative boundary, determining the correct court with trial jurisdiction becomes a prerequisite to ensuring proper legal procedure....View more
Changing and supplementing business lines...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
A business cooperation contract (hereinafter referred to as a BCC contract) is a contract signed between investors to cooperate in business, share profits, and share products in accordance with the provisions of law without establishing an economic organization...View more
Conversion of Business Entity Type...View more
Issues related to business dissolution...View more
Legal procedures for overseas Vietnamese to buy houses in Vietnam...View more
The sanctioning measures for violations concerning the deadlines for tax registration, notification of temporary suspension of business operations, and early notification of business resumption are stipulated in Decree No. 125/2020/ND-CP...View more
