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Tax update - Customs and Global Trade June 2021

In this update: Decree 53 on Vietnam's Preferential Import and Export Tariff to implement the Free Trade Agreement between Vietnam and the United Kingdom UKVFTA, Circular 02 dated 11 June 2021 regulating rules of origin for the UKVFTA, and Circular 43 amending Circular 219 providing guidance on the Law on VAT.

Tax update June 2021

This Tax update for June 2021 provides information on: New guidance on declaring VAT and personal income tax with respect to business individuals, Amended guidance on the application of 5% VAT on medical devices, and new developments on the CIT incentives for projects manufacturing supporting industry products.

Procedures and Legal Notes For Customers Who Want To Buy Off The Plan Housing in Vietnam

In this article ADK Lawyers provide some legal information regarding buying Off plan housing in Vietnam including legal basis, classification of off-plan, the law on sale and purchase for off-plan, and actual practice for off-plan purchases.

Trademarks Token Use and Speculation Phenomenon

Trademarks speculation will persist until trademark token use continues; the legal regulations do not have a mechanism to handle issues related to the actual use requirements, the scale or limit of use of the mark in the production. trade or proof of use or intent to use (including renewal).

Update on new regulations and some important policies on Tax and Customs in June

In this newsletter: Decree No. 31/2021/ND-CP detailing and guiding the implementation of the Law on Investment, Decree 53/2021/ND-CP on Vietnam’s preferential export tariff and special preferential import tariff for the implementation of UKVFTA in the 2021-2022 period, and much more.

Data Centres – Key Issues In Vietnam

The data centre market in Vietnam is a sector which is attractive for foreign investments. However, it is important to take into consideration certain points, such as data protection, required licences, build vs lease. In case of an M&A there are issues that might have to be considered depending on the type of deal.

Key Considerations & Issues on COVID-19 Vaccine Rollouts Across Southeast Asia

This Q&A outlines in as much as detail as is currently available, the rights and obligations of employers and employees when it comes to vaccination in Bangladesh, Cambodia, Indonesia, the Lao PDR, Myanmar, the Philippines, Singapore, Thailand and Vietnam.

Security condition in a secured transactions under Vietnamese laws

Security conditions are intended to help the lender prevent risks, establish the right and order to handle the collateral that the lender can guarantee and minimize the risks for loans. This article discusses the conditions of content and form required for security transactions in Vietnam.

Vietnam Customs Update - Issue May 2021

This Customs update covers new developments and issues including customs duty and procedures, HS code and origin of goods, registration and use of duty-free list, and contract manufacturing / toll manufacturing for export models, and business activities of export-processing enterprises.

Things to consider before proceeding a litigation case in Vietnam?

Any future for cryptocurrency in Vietnam?

This article discusses the rules, regulations and future of cryptocurrency in Vietnam.

COVID-19 Government Initiatives & Support in Asia – June 2021

An Overview of the key measures, exemptions and initiatives being pursued in efforts to mitigate the effects of the COVID-19 pandemic throughout the region as of June 2021.

Share Transfers in a Cambodian Entity – 5 Critical Tax Issues You Need To Know!

Based on our experience with recent share transfer transactions, we have summarized the top five tax issues of which buyers and sellers of shares in Cambodian entities should be aware.

Logistics real estate in Vietnam: Covid-19 and upcoming trends Background

Conditions for foreign investors to invest in logistics real estate in Vietnam

Special Alert | Draft Decree Personal Data Protection Released by the Ministry of Public Security for Public Comments

Vietnam's personal data protection rules are scattered across a number of laws with many of the provisions unclear and lacking clarity. The Ministry of Public Security has proposed a draft decree with more complete regulation as well as a Personal Data Protection Committee, an independent body under the government.

Special Alert | New decree elaborating the 2019 Securities Law

On 31 December 2020, the Government issued Decree 155 elaborating the Law on Securities 2019, which came into effect on 1 January 2021. This Special Alert will discuss the changes with significant impact to the securities market of Vietnam.

Tax update - Customs and Global Trade May 2021

In this Tax update: Circular 23/2021/TT-BTC which discusses printing, issuance, management and the use of electronic stamps for alcohol and tobacco, Decision No. 1182/QD-BCT providing the List of imported goods subject to State inspection, and Anti-dumping measures applying to some types of aluminum and steel.

Vietnam: Corporate M&A Guide 2021 - Law & Practice

Detailed Corporate and mergers & Acquisitions legal guide including trends, regulatory overview, legal developments, stakebuilding, deal phases, defensive measures, litigation and activism.

New Regulations on Construction Contracts in Decree 50/2021/ND-CP

On April 1st, 2021, Decree 50/2021/ND-CP came into force amending specific provisions of Decree 37/2015/NĐ-CP on detailed regulations on construction contracts This update provides essential contents of new regulations on construction contracts and several important legal instruments which have also recently been promulgated.

How can employers claim training costs from their employees?

Can employers recover labour training costs covered by the company where an employee has terminated his employment shortly after the training has finished? The employer may want to recover fully the costs paid to the employee, but does the law of Vietnam allow this?