On 1 July 2019 the Vietnamese government issued new regulations
pursuant to Decree No. 59/2019/ND-CP (the New Regulations), which
will take effect on 15 August 2019. The New Regulations (1) provide
implementation details for Vietnam's new Anti-Corruption Law
(Law No. 36/2018/QH14), which took effect on the same day (the
Anti-Corruption Law); and (2) replaced the regulations on receiving
and giving of gifts that apply to certain government and
state-owned or funded entities and individuals (the Gift
Regulations) that have been in place since 2007 (Decision No.
64/2007/QD-TTg).
The New Regulations, although somewhat dialled back from prior
drafts, are in line with the Vietnamese government's
pronouncements to "clean up" corruption. Our analysis of
the key provisions that impact the private sector is set out below.
Although the Anti-Corruption Law's main focus continues to be
on the public sector, its reach has extended to nonstate
enterprises that rely on public
