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What should investors pay attention to when manufacturing electric vehicles in Vietnam?

Recently, the Ministry of Transport (“MOT”) issued Circular No. 45/2019/TT-BGTVT promulgating 3 national technical regulations on batteries and engines used for electric bicycles, electric motorcycles, and mopeds. In addition to vietnamese standards regulations, manufacturing incentives, and procedures and certification also need to be factored in decision-making.

Conflict of laws regarding contracts pursuant to Vietnamese laws and 4 conflict resolution principles

Conflicts of law occur in contracts where, with overlapping provisions, a contract can be subject to various laws whose contents are inconsistent. Contracting parties often do not pay attention to determine conflict of laws at the negotiation stage or at the conclusion of the contract. They only take the conflict of laws into account when a dispute arises.

Enforcement of Arbitral Awards in Asia

EY Vietnam Tax Update - October 2021

This update highlights the following: 1) A number of policies introduced to provide relief to organizations and individuals effected by COVID-19, 2) New Circular on e-invoices and e-documents, 3) New Circular providing guidance on a number of articles of the Tax Administration Law and Decree No. 126 of 2020.

The United States And Cambodia MOU Patent Agreement

On 21 October 2020, Cambodia and the United States signed an MOU on Bilateral Intellectual Property Cooperation (the "MOU") which is valid for 5 years from the signing date. This is the sixth MOU that Cambodia has signed with a global counterpart for accelerating the grant of protection on a foreign patent application in Cambodia.

Guide To Doing Business in Myanmar

While Myanmar offers great opportunities, investors must be aware of the ever-evolving regulatory framework in which they are operating and should tailor their plans to the realities of the local market. As in other Southeast Asia frontier markets, BNG Legal can help you to effectively do business in this promising, yet challenging market.

Ship Arrest in Cambodia

Following Cambodia’s adoption of the 1952 Brussels Convention, the Cambodian courts have occasionally dealt with ship arrests. Today, ship arrests in Cambodia are subject to either Book 6 on Compulsory Execution or Book 7 on Preservative Disposition under the Code of Civil Procedure (“CCP”), promulgated on 6th July 2006 and effective from 6th July 2007.

Grant Thornton Vietnam - Tax Newsletter - October 2021

In this newsletter: Resolution 116/NQ-CP on policies to support employees and employers affected by the COVID-19, Circular 78/2021/TT-BTC guiding Decree No. 123/2020/ND-CP on e-invoices, Decision 27/2021/QD-TTg on the reduction of land rent in 2021 for those affected by the Covid-19 epidemic, and more.

Inheritance Under Will and Guardianship Under the Laws of Vietnam

This article covers: 1) General legal issues in relation to inheritance under will, 2) Joint will of the husband and the wife, 3) The heirs, 4) Property, and 5) Property administrator and property distributor

Notes for Japanese Investors Before Investing in Vietnam

Currently, with an open economic market and stable politics, Vietnam has been attracting many foreign investors for investment and doing business, especially Japanese investors. Therefore, before investing in Vietnam, what issues should Japanese investors be paid attention to.

Cambodia: Competition Law Enacted

Cryptocurrencies and related transactions: accounting considerations under IFRS

This alert serves as a informational guide on some of the accounting questions that are currently being debated and share our views on how IFRS could be applied regarding cryptocurrency and related transactions.

EY Vietnam Tax Update - September 2021

In this update: New development on the corporate income tax (CIT) incentives offered to social entities; Foreign contractor tax (FCT) treatment of goods stored in a bonded warehouse; The new decree on the establishment and management of the disaster prevention fund, and more.

Drones Regulatory Framework in Cambodia – Top 5 Key Q&As

DFDL has prepared a country-specific Q&A series on key questions that organizations or individuals might have when considering whether to use drones for corporate or personal use. The first guide focuses on Cambodia and details the current regulatory framework.

LNT August Briefing: New logistics regulations during Covid-19

In this Issue: Guidance on essential services which are allowed to operate during lockdown, “Green stream” transportation card (QR code) mandatory to pass through quarantine checkpoint for intercity freight vehicles, and List of provinces applying distinctive local regulations.

Draft New Decree on Personal Data Protection in Vietnam

On 9 February 2021, the Ministry of Public Security issued a draft decree on the protection of personal data (Draft Decree). This blog will analyze some key points of the Draft Decree and compare them with the relevant provisions under the General Data Protection Regulation (GDPR).

ADK Vietnam Legal Updates Vol 15 - August 2021

In this newsletter: Removing the FIT pricing mechanism for rooftop solar power?, financial regulations of a debt trading one member limited liability company; and promulgating economic-technical norms of formulation and adjustment of zoning and plans on land use.

Circular 58/2021/ND-CP: Providing guidelines for some articles of Government’s Decree No. 158/2020/ND-CP dated December 31, 2020 on derivatives and derivative market

On July 12, 2021, the Ministry of Finance issued Circular No. 58/2021/TT-BTC (hereinafter referred to as "Circular 58") providing guidelines for some articles of Government’s Decree No. 158/2020/ND-CP dated December 31, 2020 on derivatives and derivative market.

Circular 57/2021/TT-BTC: Providing road map for reorganization of markets for shares, bonds, derivatives and other securities

On July 12th, 2021, the Ministry of Finance promulgated Circular 57/2021/TT-BTC (“Circular 57/2021”) providing a road map to reorganize the markets for shares, bonds, derivatives and other securities.

RHTLaw Vietnam: Advanced Pricing Agreements - August 2021

In this newsletter: Application for Advanced Pricing Agreement (the “APA”) under new Circular No. 45/2021/TT-BTC on Guiding the Application for the APA in Tax Administration for Enterprises having Related Party Transactions.