You are using an outdated browser and your browsing experience will not be optimal. Please update to the latest version of Microsoft Edge, Google Chrome or Mozilla Firefox. Install Microsoft Edge

November 5, 2015

The Asia-Pacific Investigations Review 2016 – Vietnam Chapter

Subscribe to Updates
Global Investigations Review

The Asia-Pacific Investigations Review 2016  (1st Edition), a guide that provides analysis of the important issues in internal and government investigations across the Asia-Pacific, has been published by Global Investigations Review. Michael K. Lee, partner and head of Tilleke & Gibbins’ corporate and commercial team in Vietnam, and John Frangos, consultant in the firm, coauthored the Vietnam chapter of the guide.

The Vietnam chapter provides an overview of compliance risks, covering corruption; FCPA and U.K. Bribery Act risks; Vietnamese anti-corruption legislation including Penal Code No. 15/1999QH10, Law on Anti-Corruption No. 55/2005/QH11, Decree No. 59/2013/ND-CP Guiding the Implementation of Some Articles of the Law on Anti-Corruption, and Decision No. 64/2007/QD-TTg; regulatory compliance; and employee fraud and crime including misappropriation of company funds, embezzlement, kickbacks, using conflicts of interest to gain an advantage, and collusion with third parties.

Download Full Article
Related Professionals

Practices

Compliance and Investigations

Dispute Resolution and Litigation

Location

RELATED INSIGHTS​ 

April 10, 2020
Following the announcement of a state of emergency on March 26, 2020, Thailand has put in place several measures that limit international travel as part of its efforts to stop the spread of COVID-19, including the closure of land borders with neighboring countries and the prohibition of arrivals by almost all international commercial passenger flights. These measures have left many non-Thai citizens in the country in a difficult position, due to the potential expiry of visas during a period when travel is being widely restricted.
Read More
April 10, 2020
Faced with the specter of corporate liquidity problems brought about by the COVID-19 pandemic, the Thai government and the Bank of Thailand (BOT) have announced an array of measures to assist small and midsize enterprises (SMEs) affected by the COVID-19 pandemic. The measures range from preemptive financial support, to debt moratoria, to the granting of low interest financial assistance.Below is a chronological summary of the measures as at April 7:
Read More
April 9, 2020
The Bank of Thailand (BOT) has issued BOT Announcement No. Wor 277/2563, dated February 28, 2020, to provide relief measures for small and medium-sized debtors who suffer adverse economic effects from the COVID-19 pandemic. The key points of this announcement are summarized below.Revised Definition of Debt RestructuringUnder this announcement, “debt restructuring” means restructuring of debt arising from a debtor’s increased credit risks, which can be divided into two categories:
Read More
April 6, 2020
IntroductionSince the outbreak of COVID-19, clauses for force majeure events have become extraordinarily important to businesses. People have reached out to law firms to ask: “How can we understand force majeure events and their consequences according to the Vietnamese laws?” The persons who pose these questions are suppliers, banks, insurers, airlines, tourism companies, and other parties who are subject to payment obligations. Unfortunately, the more widely and extensively the epidemic spreads, the longer the list above will be.
Read More