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
Separation between business owner assets and business assets...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
In essence, a public company is a joint stock company. However, in addition to the basic requirements for joint-stock companies specified in the Law on Enterprises, public companies need to meet a number of special conditions specified in the Law on Securities...View more
Conversion of Business Entity Type...View more
