BFSC Law Firm, Author at BFSC

Updates on certain regulations of the direct power purchase mechanism between Renewable Energy Generators and Large Electricity Consumers under Decree No 57/2025/ND-CP

On March 3, 2025, the Government issued Decree No 57/2025/ND-CP, regulating the direct power purchase mechanism between renewable energy generators and large electricity consumers (“Decree 57”). Decree 57 will take effect on March 3, 2025, and replace Decree No 80/2024/ND-CP dated July 3, 2024. Similar to Decree 80/2024/ND-CP, Decree 57 provides for two forms of […]

Key Admendments to the Securities Law 2024

On November 29, 2024, the 15th National Assembly passed Law No. 56/2024/QH15, amending and supplementing several provisions of the Securities Law No. 54/2019/QH14 (“Securities Law 2019″). These amendments will mostly take effect on January 1, 2025, while specific provisions, including restrictions on professional individual securities investors and additional bond issuance requirements, will become effective on […]

Right to Lease in Land Lease Agreements of Economic Organizations and Foreign-Invested Economic Organizations under Vietnamese Law.

The right to lease in a land lease agreement is a newly introduced right under Land Law No. 31/2024/QH15 (“Land Law 2024”). This article discusses several legal issues related to the right to lease in land lease agreements of economic organizations and foreign-invested economic organizations under the provisions of Land Law 2024. (1) Right to […]

Special investment procedures: a new investment procedure

Law No. 57/2024/QH15 supplements regulations on special investment procedures into the Investment Law No. 61/2020/QH14 under Article 36a (“Investment Law“). On February 10, 2025, the Government issued Decree No. 19/2025/ND-CP, detailing the implementation of the Investment Law regarding special investment procedures (“Decree 19“). This article provides a summary of the special investment procedures stipulated in […]

Notice of Change of Hanoi Office Address.

BFSC Law LLC is pleased to announce that, as of February 6, 2025, our Hanoi Office will operate at the following new address: Suite 1034, 10th Floor, Pacific Place Building 83B Ly Thuong Kiet Street, Tran Hung Dao Ward, Hoan Kiem District, Hanoi, Vietnam. We look forward to welcoming our valued clients at our new […]

Notice of Lunar New Year (Ất Tỵ) Holiday Schedule

Dear Valued Clients, BFSC Law Firm is pleased to announce the Lunar New Year (Ất Tỵ) holiday schedule as follows: Holiday Start Date: January 25, 2025 (26th day of the 12th lunar month) Work Resumption Date: February 3, 2025 (6th day of the 1st lunar month) We wish you and your family a joyous and […]

Be careful with the regulations on “the exclusive jurisdiction of Vietnamese Courts”

Be careful with the regulations on “the exclusive jurisdiction of Vietnamese Courts” in choosing foreign Arbitrator and Court to resolve capital and share disputes related to enterprise with rights over real estates in the territory of Vietnam. Parties participating in transactions that are foreign organizations and individuals tend to choose foreign Arbitrator or Court to […]

Resolution on imposition of top-up enterprise income tax under the Global Anti-Base Erosion Rules

On November 29, 2023, the National Assembly adopts Resolution No. 107/2023/QH15 on imposition of top-up enterprise income tax under the Global Anti-Base Erosion Rules. Bellows are a number of remarkable contents of this Resolution. 1. To apply the tax rate of 15% for taxpayers who are constituent entities of multinational enterprise (MNE) Groups which earn an annual […]

Season’s Greetings

Dear Our Valued Customers, BFSC Law Firm wishes you and your family a Merry Christmas and a Successful and Happy New Year 2024. Yours sincerely,

Circular 09/2023/TT-BNNPTNT List of pesticides permitted or banned from use in Vietnam

On October 24, 2023, the Ministry of Agriculture and Rural Development issues Circular No. 09/2023/TT-BNNPTNT, promulgating the List of pesticides permitted for use in Vietnam and the List of pesticides banned from use in Vietnam. 1. Pesticides for use in agriculture include: – Insecticides: 712 active ingredients with 1,725 trade names. – Fungicides: 683 active ingredients with […]

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