The Law on Enterprises has undergone amendments since the first incarnation 20 years ago, which impacted the change in business freedom and contributed to a fair, and non-discriminatory business environment. Nguyen Hung Quang, managing partner of NHQuang&Associates, analyses the development and implementation of the law over the last two decades in order to draw some lessons for lawmaking and enforcement in Vietnam.
enterprise law
Slide: New main provisions of Enterprise Law 2014
Reducing risks for enterprises; promoting the activeness and creativeness in business; reducing time and costs in fulfilling administrative procedures; reducing costs and increasing flexibility in business management and better protection of investors, etc. are some noteworthy points of Enterprise Law 2014 as mentioned in the presentation of Lawyer Nguyen Hung Quang and Mr. Phan Duc Hieu, Deputy Director, Central Institute for Economic Management about new main provisions of Enterprise Law 2014.
