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by in Dispute Resolution, Legal Insight
Recognition and Enforcement of Foreign Arbitral Awards in Vietnam: Grounds for Refusal, Court Practice and Practical Risk Management

1. Introduction: Winning an International Arbitration Does Not Guarantee Recovery of Assets in Vietnam For foreign businesses with counterparties, assets or commercial operations in Vietnam, international arbitration is often chosen as a neutral dispute resolution mechanism capable of facilitating c...

by in BFSC Legal Brief, M&A and Corporate, News
Commodity Exchanges in Vietnam: Licensing Requirements, Technology Systems and Legal Risk Management.

Vietnam’s legal framework governing the purchase and sale of goods through commodity exchanges is being developed with a focus on transparency, supervisory capacity, system security and international integration. Decree No. 302/2026/ND-CP provides detailed regulations and measures for implementing c...

by in Banking & Finance, Dispute Resolution, Legal update, M&A and Corporate, News
Decree No. 318/2026/ND-CP: Interest Rate Derivative Contracts with Netting Provisions in Bankruptcy Proceedings

Under the legal framework on recovery and bankruptcy, the treatment of financial contracts incorporating netting and settlement mechanisms presents specific legal considerations, as such transactions may simultaneously involve payment obligations, collateral and the determination of net asset values...

by in BFSC Legal Brief, Dispute Resolution, News
Domestic Producers’ Rights in Vietnam’s Trade Remedy Proceedings: Legal Framework and Practical Considerations

In compliance with its commitments under the World Trade Organization (“WTO”) concerning trade remedy measures, the Standing Committee of the National Assembly of Vietnam promulgated: (i) Ordinance No. 42/2002/PL-UBTVQH10 on Safeguards in the Importation of Foreign Goods into Vietnam; (ii) Ordinance...

by in BFSC Legal Brief, Dispute Resolution, News
Legal framework for creditors’ applications to commence bankruptcy proceedings under the 2025 Law on Recovery and Bankruptcy

Law No. 142/2025/QH15 on Recovery and Bankruptcy (the “2025 Law on Recovery and Bankruptcy”) establishes a new framework for addressing insolvency of enterprises and cooperatives. The Law gives creditors a number of important rights to take an active role in initiating and participating in bankruptc...

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