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Knowledge Highlights 23 July 2024
On 17 June 2020, Vietnam's National Assembly passed the Law on Enterprises 2020 ("LOE 2020"), which is intended to replace the Law on Enterprises 2014 (“LOE 2014”) effective from 1 January 2021. The LOE 2020 replaces the LOE 2014 in regulating the establishment, operation, and governance of corporate entities, and will generally be the main law for the regulations of companies in Vietnam.
Some of the key highlights of the LOE 2020 are as follows: