Tremendous GrowthSince the investment boom in Vietnam that started around 1993, the country’s airline industry has seen tremendous growth. For example, in 1993, only 20 international airlines were flying to Vietnam, and there were only about 20 international destinations one could fly to from the country. Fast forward to 2018, there are about 60 airlines flying to Vietnam, and you can fly to about 100 destinations.

Partner Vinh Quoc Nguyen contributed the Vietnam chapter of Practical Law’s Corporate Real Estate Global Guide 2018, a high-level overview of commercial real estate laws and regulations in 30 jurisdictions worldwide.The Vietnam chapter highlights recent trends in the country’s real estate market, including condominium, office, and retail sectors, and explores common structures and financing sources for real estate investment, as well as limitations faced by foreign investors.

Lawyers from Tilleke & Gibbins’ Hanoi and Ho Chi Minh City offices have written the Vietnam chapter for Practical Law Company’s Franchising Global Guide 2018. The Q&A guide provides an overview of franchising regulations in 36 jurisdictions worldwide.

Tilleke & Gibbins has contributed to the 2018 edition of Practical Law Company’s Franchising Global Guide, which provides a Q&A-style overview of franchising laws and regulations in 36 jurisdictions worldwide. The Cambodia chapter, written by Jay Cohen and Sophea Sin from Tilleke & Gibbins, covers key franchising issues in Cambodia, including:

Tilleke & Gibbins has contributed to the electricity regulation section of Practical Law Company’s Energy and Natural Resources Global Guide, which provides a Q&A-style overview of power issues and regulations across 22 jurisdictions worldwide.The Thailand chapter, written by David Beckstead, a consultant in the Tilleke & Gibbins corporate and commercial group, details Thailand’s domestic electricity market, regulatory framework, and procedures and requirements. In particular, it covers the following subjects:

Lao P.D.R. has long been a high-potential destination for foreign investors due to its abundant natural resources and strategic location. As the number of legal entities increased, the number of labor disputes have also rose accordingly. In the past, companies sometimes faced issues over the uncertain legal framework for resolving labor disputes.

On July 11, 2018, Cambodia passed an amendment to the Labor Law that eliminates “indemnity for dismissal”—a local legal concept equivalent to a severance payment—for undetermined duration contracts (i.e., employment contracts without a fixed expiration date), and replaces it with an ongoing requirement for employers to pay employees a new “seniority payment.” These amendments affect undetermined duration contracts, and may also affect fixed-term contracts (i.e., employment contracts with a fixed expiration date).

On July 18, Vietnam’s Ministry of Industry and Trade (MOIT) announced that its Competition and Consumer Protection Authority has reminded multi-level marketing (MLM) companies to fulfill their statutory reporting requirements. Specifically, under Article 49 of Decree No. 40/2018/ND-CP on Multi-Level Marketing, there is a requirement for MLM companies to submit reports every six months, using the promulgated government forms, to both the MOIT and the Department of Industry and Trade (DOIT) of the province/city in which the company is located.