On February 28, 2026, the Government issued Decree No. 64/2026/NĐ-CP detailing a number of articles of, and providing measures for implementation of, the Law on Recovery and Bankruptcy regarding the enforcement of decisions declaring enterprises and cooperatives bankrupt. This Decree takes effect from March 1, 2026.
The Decree applies to agencies, organizations, and individuals responsible for implementing enforcement decisions, documents, requests, or proposals of civil judgment enforcement agencies, enforcers, asset management officers, and asset management and liquidation firms during the process of organizing the enforcement of decisions declaring enterprises and cooperatives bankrupt.
Some notable contents include:
Responsibilities…