On October 1, 2023, the Supreme People’s Court announced 7 new precedents according to Decision No. 364/QD-CA of the Chief Justice of the Supreme People’s Court. These precedents will be applied in trials starting from November 1, 2023. Among them, Precedent No. 69/2023/AL regarding the jurisdiction of commercial arbitration in disputes over non-disclosure agreements is a noteworthy one.
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New regulations of the Law on Protection of Consumer Rights (amended)
On April 26, 2023, the National Assembly promulgated the Law on Protection of Consumers Rights 2023 (LPCR 2023) replacing LPCR 2010. LPCR 2023 has addressed the limitations and shortcomings of the LPCR 2010 while also amending and supplementing numerous new provisions to enhance the quality of consumer rights protection in various transactions. LPCR 2023 has come into effect since July 01, 2024.
Read more / Đọc thêmSome notable provisions in the Draft Law on Protection of consumers’ rights (amended)
After almost 11 years of implementation, several provisions of the Law on Protection of Consumers’ Rights 2010 have been no longer consistent with the reality, causing many problems and inadequacies. In order to ensure the interests of consumers in the changing economic and social context, the Draft Law on Protection of Consumers’ Rights (the Draft Law) has been drafted and is now in the process of collecting opinions. This article reviews some key points of the Draft Law on Protection of Consumers’ Rights (Draft 2) posted on the Government Portal.
Read more / Đọc thêmSlide: Systemic Investor Response Mechanism (SIRM)
Mr. Nguyen Hung Quang makes a presentation on “International experiences in development of the program/mechanism for preventing and minimizing investor grievances and disputes – Systematic Investor Response Mechanism (SIRM) at a workshop on “Preventing and minimizing international investor grievances and disputes” on 22 June 2018.
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