The Ministry of Industry and Trade has recently published the draft law on Protection of Consumers’ Rights. The Draft Law includes a number of proposed changes to the existing product liability and consumer protection framework. If adopted, the Draft Law may have major impacts on the business of companies whose products are produced or sold in Vietnam complying with new requirements under the Draft Law. The MOIT is gathering public comments on the Draft Law until 10 March 2022.

The Vietnam Competition and Consumer Authority recently published an article explaining in detail the fundamental issues regarding agreements on price fixing, how such issue is addressed in other jurisdictions with developed antitrust regulations, and how it should be viewed within the context of Vietnam’s Competition Law No. 23/2018/QH14.

On 15 August 2019, Decree No. 59/2019/ND-CP dated 1 July 2019 (“Decree No. 59”) providing specific guidance on a number of articles and measures for implementation of the New Anti-Corruption Law No. 36/2018/QH14 dated 20 November 2018 (“Law on Anti-Corruption”) officially came into effect. We set out below notable regulations…

The National Assembly amended the 2015 Penal Code and introduced corporate criminal liability for certain violations and commercial bribery.