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
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
Procedures for conversion from a one-member limited liability company to a joint-stock company...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
