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The term Economic Law is mainly mentioned in social life from the perspective of university education fields and has become a 'hot' discipline in recent years. However, understanding Economic Law involves more issues from the standpoint of being an independent branch of law within the legal system of Vietnam.
What is Economic Law? Learn about its subjects and regulatory methods
1. What is Economic Law?
2. Contents of Economic Law.
3. Related Questions.
3.1. Which schools offer Economic Law courses?
3.2. What can you do with a degree in Economic Law, and is it easy to find a job?
1. What is Economic Law?
- Economic Law is an independent branch of law within the legal system of Vietnam, comprising the compilation of legal norms issued by the state to regulate social relations arising in business, commerce, and finance.
- According to the above definition, some documents considered as 'Economic Law' include the Commercial Law; Real Estate Business Law; Insurance Business Law; Tax Law; Banking Law; Investment Law; ....
- Sources of economic law include legal documents such as the Constitution - the fundamental source, laws directly regulating business and commerce activities, international treaties, and commercial customs.
2. Contents of Economic Law
- As mentioned, Economic Law is a legal field, thus, its content is specifically reflected through legal documents. However, the general content of Economic Law can be summarized as follows:
+ Regulated subjects: Social relations arising in business, commerce, finance activities, and state management activities in those areas. These may include equal relations between enterprises, unequal relations between enterprises and state management agencies in the economic field.
+ Economic Law entities: Primarily, legally established enterprises; state economic management agencies such as the Government, Ministry of Industry and Trade, Ministry of Finance, ... individuals as traders are also considered entities of Economic Law.
+ Economic Law also regulates the resolution of disputes arising in business and commerce activities, for example, through the Commercial Arbitration Law.
What does the field of Economic Law encompass? The fundamental characteristics of current economic law
3. Related Questions about Economic Law
3.1. Which universities offer courses in Economic Law?
- From an educational standpoint, Economic Law is offered at many universities nowadays. Some universities with high enrollment rates in Economic Law majors include: Hanoi Law University; Foreign Trade University; National Economics University or University of Economics and Law - Ho Chi Minh City National University; ...
3.2. What can you do with a degree in Economic Law, and is it easy to find a job?
- Generally, there are diverse job opportunities for graduates in Economic Law, especially given the trend of foreign enterprises investing and doing business in Vietnam.
- Graduating with a degree in Economic Law opens up various job opportunities such as corporate legal specialists - corporate governance; lawyer assistants, civil servants in state financial and economic agencies; teaching economic law at educational institutions; independent legal and financial advisors;....
- However, to easily secure employment, students must possess specialized competence, professional skills, communication, presentation, teamwork/independent work skills; and have good foreign language abilities.
- The salary of Economic Law graduates depends on the position and working environment, starting from 05 million VND or more.
Economic Law plays a crucial role in the country's development as it serves as the guiding principle directing all activities of entities within a certain framework. We hope the information we share here will be useful to readers.
Some legal documents you may refer to: International Law, Citizenship Law, Family Law, Value Added Tax Law.
