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Jay Cohen, partner and director of Tilleke & Gibbins’ office in Phnom Penh, has authored the Cambodia chapter of the Asian Business Law Institute (ABLI ) Corporate Restructuring and Insolvency in Asia 2020 guide. This comprehensive guide aims to help companies easily navigate the diverse legal regimes in Asia surrounding restructuring and insolvency while facing times of adversity—such as those presented by the COVID-19 pandemic.
Due to the complicated and unpredictable developments of the COVID-19 pandemic, the Vietnamese government has taken various measures, which have grown more stringent over time, to combat the spread of the disease. Due in part to these timely measures, as of Monday, March 30, Vietnam had reported just over 200 confirmed COVID-19 cases, and no fatalities—encouraging numbers for a country of its size.
On March 31, 2020, the Prime Minister of Vietnam issued Directive No. 16/CT-TTg, which sets out Vietnam’s strongest measures yet for preventing and controlling the COVID-19 virus.Notably, Directive 16 mandates strict social distancing throughout the country for 15 days, from April 1 through April 15. In the wording of the directive, “families should be distanced from families, villages should be distanced from villages … provinces should be distanced from provinces.”Practical Implications
On March 18, 2020, Vietnam’s Ministry of Education and Training issued Circular No. 04/2020/TT-BGDDT detailing a number of articles of the Government’s Decree No. 86/2018/ND-CP dated 6 June 2018 on Foreign Cooperation and Investment in Education (“Circular 4”). Circular 4 will take effect on May 5, 2020, and sets out, among other things, new requirements for international schools to provide compulsory Vietnamese language and culture studies to Vietnamese students.