Legal framework governing security assets
Secured transactions play a vital role in securing the legitimate interests and reducing risks between the parties in transactions. Security assets are an important part of secured transactions. They are governed by Civil Code 91/2015/QH13 dated November 24, 2015 (the Civil Code), Government Decree 21 dated March 19, 2021, guiding the implementation of the Civil Code’s provisions on secured transactions (Decree 21) and other relevant legal texts. This article is confined to provide an overview of the current laws and regulations on security assets, focusing on new points of Decree 21.
The 2020 Law on Investment and its regulations on cross-border M&A transactions
The Law on Investment, adopted on June 16, 2020, represents a remarkable effort of the Government in improving investment policies and is likely to have materially beneficial impacts on cross-border merger and acquisition transactions in Vietnam, especially transactions involving the use of land. In this article, the writers will discuss some new points of the 2020 Law on Investment with regard to M&A activities over land-using investment projects.