As Thailand, and the world, face the growing COVID-19 crisis, the impact has begun to spread beyond people’s health and into the economy as a whole. While some businesses may be able to move to remote working practices to minimize economic distress, others may require a physical presence that becomes difficult or impossible to maintain, or may face substantial changes to their operations, resulting in hardship or emergency measures.

The COVID-19 pandemic has had an unavoidable impact on the economy of Vietnam. While the country’s infection numbers remain commendably low thanks to timely and strict containment and mitigation efforts, everyday life and business have still been turned upside-down as buildings have been closed and neighborhoods have been quarantined, and consumers have dramatically changed their spending patterns.

The concept of corporate criminal liability was introduced into Vietnamese law under the Penal Code of 2015, which took effect in 2018. Under the 2015 Penal Code, for the first time, corporate entities (companies) could be held criminally liable for a variety of offenses, including certain intellectual property crimes under Articles 225 and 226.

The dawn of the new decade brought with it familiar expectations of prosperity in global and regional commerce. This expectation has resonated throughout the ASEAN region and Thailand in particular, an historical favorite in the region for tourism and business investment. By the close of 2019 tourism numbers were at historic highs and investment in business and infrastructure were on the rebound, with parties to contracts in the region from both within and outside Thailand committing substantial resources to existing or contemplated commercial contracts.

Lawyers from Tilleke & Gibbins’ Hanoi office contributed the Vietnam chapter of the latest edition of the Center for International Legal Studies’ International Employment Law (Second Edition, Release 8, 2019), an overview of employment law in 45 jurisdictions around the world.

On March 1, 2020, the government of Vietnam issued Decree No. 27/2020/ND-CP amending and supplementing two decrees in the field of science and technology, including Decree No. 87/2014/ND-CP on attracting overseas Vietnamese and foreign experts to participate in scientific and technological activities in Vietnam. Decree 27 will take effect on April 15, 2020.