Articles
New Regulations on Construction Contracts in Decree 50/2021/ND-CP
- LNT & Partners
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?
- BLawyers Vietnam
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?
Recordal of Trademark Licenses and Franchise Agreements in Cambodia
- Abacus IP
The procedures for recording trademark licenses and franchise agreements in Cambodia have undergone significant changes with the issuance of a new regulation by the Department of Intellectual Property Rights on January 13, 2020. New documentation and information is required, as compared to prior practice.
Special Alert | Guiding Rules Issued for the Investment Activities in Vietnam
- Indochine Counsel
The Government recently issued Decree 31 providing regulations and guidelines on the 2020 Investment Law including guidelines for investment activities in Vietnam, list of restricted sectors, registration of new investment projects, and amendment, transfer, consolidation and merger of existing investment projects.
Special Alert | New Decree for Development of Residential Projects
- Indochine Counsel
Decree 30, which became effective in March 2021, provides amendments and supplements several provisions of Decree No. 99/2015/ND-CP implementing the Law on Housing 2014, and as such, Decree 30 has significantly changed the development and implementation of residential projects.
Some Notable Changes To Labor Issues From 2021
- BLawyers Vietnam
In this article we discuss some fundamental changes in the Labor Code for employers’ consideration to comply with the prevailing labor laws including obtaining work permits, broadening of the employment relationship, and the updating of internal labour rules
EY Vietnam Tax Update - May 2021
- EY Vietnam
This update highlights the following key points: Extended deadlines for tax payments, New guidance on investment incentives, and New guidance on e-transactions in the tax arena.
A sophisticated business combination financial reporting requirement post M&A
- Grant Thornton Vietnam
In an M&A deal, people often think of value creation, growth strategy, and market expansion, but few consider about the complexity associated with business consolidation accounting requirements, in particular, the requirement to execute Purchase Price Allocation (PPA) for fair value measurement.
Toksave - Allens PNG Monthly Regulatory Update - May 2021
- Allens PNG
PNG regulatory update: Twinza suspends Pasca A offshore operations; public consultation on new Digital Transformation Bill commences; Parliament adjourned to August 2021; and other developments
RHTLaw Vietnam: Implementing Regulations on the Investment Law and a Decree on the Enterprises Law
- RHTLaw Vietnam
Covered in this newsletter: Decree No. 31/2021/ND-CP Providing Detailed Regulations and Guidance on Implementation of the 2020 Law on Investment; and Decree No. 47/2021/ND-CP Detailing A Number of Articles of 2020 Law on Enterprises.
Vietnam Tax update - Customs and Global Trade April 2021
- EY Vietnam
In this update: FTA between Vietnam and the United Kingdom, the Ministry of Industry and Trade updates the list of organizations who are authorized to do testing and inspection for imported foods, and Anti-dumping duties temporarily imposed on steel from Malaysia.
Mobile-Money Service – A Promise Of Financial Inclusion For The Unbanked
- LNT & Partners
On 9 March 2021, the pilot scheme for Mobile-Money service, which uses telecommunication accounts for payment of small-valued goods and services was officially approved. This legal briefing provides an overview of the Mobile-Money service as well as several important legal instruments which have also recently been promulgated.
SPAC Listings
- Duane Morris & Selvam Singapore
Special purpose acquisition companies (SPACs) have seen a dramatic rise in the past year. This article discusses the features of SPACs, their benefits and risks, trends in Asia as well as the future for SPACs in Singapore.
Ship Registration in Cambodia
- BNG Legal
All vessels/boats navigating on the waterways of the Kingdom of Cambodia shall apply for vessel/ boat registration with the IWTD or Provincial/Municipal Office of Public Works and Transport. This article discusses ship registration procedure, types of ships, timeline, and business license required.
Vietnam Tax Alert - Decree 18/2021/ND-CP
- EY Vietnam
Decree 18/2021/ND-CP (Decree 18) amending and supplementing a number of articles of the Government's Decree No. 134/2016/ND-CP (Decree 134) dated 1 September 2016, detailing a number of articles and implementation measures. Law on Import Tax and Export Tax
Vietnam Customs Update - Issue April 2021
- Mazars Vietnam
Customs updates for April 2021: I. Goods origin & Certificate of Origin (C/O), II. Customs procedure and customs taxes, III. Export manufacturing model (contract-manufacturing & toll-manufacturing) and the export manufacturing business of EPE companies.
Long-awaited regulations implementing Vietnam's PPP Law have now been issued
- Allens Vietnam
Implementing regulations for the Public Private Partnership Law have now been issued in the form of Decree 35 regarding the PPP Law and Decree 28 on financial management mechanisms of PPP projects. This insight considers whether and to what extent the Decrees address the issues raised previously and examine what further guidance has been provided.
LLC Members and capital contribution ratios
- Venture North Law Firm
Can members of an LLC determine their capital contribution ratios based on their contributed capital in USD? This article discusses the situation of LLCs which increase the charter capital by raising funds from new investors and the calculation of the capital contribution ratio of new investors.
Sample charter of a private joint stock company (Enterprise Law 2020 version)
- Venture North Law Firm
The team at Venture North Law has prepared a sample draft charter of a private joint stock company in Vietnam under the new Enterprise Law 2020.
New Decree 31/2021 guiding the implementation of the Investment Law 2020 on the Market Entry of Foreign Investors
- Venture North Law Firm
The Government has issued Decree 31which provides certain appreciable provisions guiding the negative list approach and the application of market entry conditions of the Investment Law 2020. These implementing provisions are expected to provide more certainty and transparency to foreign investors.
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Important Vietnamese legal terms can be looked up, with the corresponding term in the other language presented (Vietnamese <-> English). Very helpful resource for those professionals working in both languages
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