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Legal Risks Arising from Inaccurate Price and Country of Origin Information on Invoices: Ensuring the Accuracy of Export Documentation
Oki Osawa
- International Trade and Commerce, and Economic Sanctions
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*Please note that this newsletter is for informational purposes only and does not constitute legal advice. In addition, it is based on information as of its date of publication and does not reflect information after such date. In particular, please also note that preliminary reports in this newsletter may differ from current interpretations and practice depending on the nature of the report.
Introduction
On 20 November 2018, the National Assembly of Vietnam passed a Law on Anti-corruption to replace the law issued in 2005 (and amended in 2007 and 2012). This law which came into effect from 1 July 2019 provides regulations regarding the prevention and detection of corruption and actions against corruption.
Recently, on 1 July 2019, the Government of Vietnam issued Decree 59/2019/ND-CP to provide guidance on a number of issues on the Law on Anti-Corruption. This decree came into force from 15 August 2019.
This article discusses certain material issues in the anti-corruption framework under the Law on Anti-corruption and its implementing decree (collectively, the “Anti-corruption Regulations”)
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