Vietnam is considered one of the 10 nations with the highest GDP growth in the world in 2020 and one of the 16 most successful emerging economies, Party General Secretary and State President Nguyen Phu Trong has said.

Vietnam has been always very good at taking advantage of crisis to accelerate reforms and move faster and grow better, Jacques Morisset, World Bank Lead Economist and Program Leader for Vietnam, has said.

Prime Minister Nguyen Xuan Phuc has asked ministries, agencies and localities to do their best to reach the highest possible socio-economic targets this year.

Invalid contracts in general and void contracts in particular are provided in the 2015 Civil Code (the 2015 Code) on the basis of adhering to the principles of recognition, respect, protection and guarantee of civil rights; the fundamental principles of the civil law; and the principles on performance of civil rights and limitations on performance of civil rights. This article deals with some issues on void contracts under the current private law of Vietnam.

This article highlights the new approach adopted by the 2015 Civil Code to the application of limitation periods for requesting settlement of civil cases and matters. It also explores some specific limitation periods for declaring civil transactions null and void, requesting protection of personal rights, initiating contract-related lawsuits, and claiming compensation.

President Tran Dai Quang on August 28 encouraged Brunei businesses to invest in Vietnam in fields of mutual interest such as energy, oil and gas, finance, real estate, tourism and infrastructure development, at a business forum in Bandar Seri Begawan.

The Trans-Pacific Strategic Economic Partnership Agreement (widely known as TPP) is a multilateral free trade agreement formulated in the summer of 2005 by a group of small pacific countries including Brunei, Chile, New Zealand and Singapore.