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Myanmar: Trademark Disputes - Deciphering the Jurisdictional Labyrinth

This article covers the recent notification by the Supreme Court that establishes IP Courts and grants them the power to handle trademark cases. The notification is a major development for trademark protection and enforcement in Myanmar.

Cambodia: Key Tariff Adjustments Under Sub-Decree 122

On 6 June 2023, the Royal Government of Cambodia issued Sub-Decree 122 on the Adjustment to Customs Tariff, Specific Tax, and Export Tax Rates on certain goods. The Sub-Decree 122 aims to address inflation and promote trade activities in Cambodia.

Vietnam: Transfer of Wind Power Projects to Foreign Businesses

Cambodia: Annual Labour Compliance Obligations

The Ministry of Labour and Vocational Training issued Prakas 358/21 on Launching of Self-declared Labour Inspection and Labour Inspections through Automatic System on 30 December 2021, introducing a new online self-declared labour inspection system.

Myanmar: Introduction of CBM’s Online Forex Trading Platform

On 21 June 2023, the Central Bank of Myanmar issued a letter to authorized dealer banks, assigning them the responsibility of reporting forex trading activities in the market. The letter emphasized the mandatory use of the CBM's online trading system for all transactions conducted between AD banks and customers and among customers.

Vietnam: How does the Vietnamese law regulate anti-money laundering?

Venture North Law's Legal Guide To Merger Control In Vietnam (2023 Update)

In December 2020, we published a comprehensive Legal Guide To Merger Control In Vietnam (see here). In April 2023, the Government established the Vietnam Competition Commission (VCC). On this occation, we update our legal guide to reflect the establishment of the VCC.

Mazars in Vietnam Newsletter - Tax & Legal Update - Issue June 2023

In this update: 1) Official Letter 1789/TCT-TTKT on appealing review and handling of illegal invoices, 2) Reaching consensus on the scope of applying reduction of VAT rate to 8% according to Resolution 43/2022/QH15, and Official Letter 1586/TCT-CS issued by GDT dated 11 May 2023 guiding VAT declaration per the seller’s e-invoices.

Vietnam: Mazars Customs Alert in June 2023

In this Mazars Customs Alert in June 2023, we highlight on Comments and suggestions from the General Department of Customs on Article 35 Decree No. 08/2015/ND-CP on customs procedure for on-spot import/export activities.

Vietnam: Comments on Draft Decree on Cybersecurity Administrative Sanctions

Vietnam: Significant Amendments Of Circular 39 On Lending Activities In Vietnam

Vietnam: Should Foreign Investors Contribute Capital To Foreign Direct Investment (FDI) Enterprises In An Amount Denominated In A Foreign Currency Or In VND?

It can be unclear whether foreign investors will be considered to have fully fulfilled their capital contribution since it is not clear which amount (Foreign or VND) should be used to determine if the FDI enterprise's charter capital has been fully contributed.

Vietnam: Three questions about the implementation of ESPP program for employees working at enterprises

In addition to an Employee Stock Ownership Plan (ESOP), joint stock companies in some countries are now applying a different long-term financial incentive program through share ownership for their employees called an Employee Stock Purchase Plan, also known as ESPP. In this article, BLawyers Vietnam presents information about ESPP and the regulations of Vietnamese labor law related to ESPP.

Vietnam: Environment Permits Under The Environment Protection Law 2020

The Environment Permit is a new concept under the Environment Protection Law 2020, which consolidates most of the environment permits or licences under the previous environment laws into a single document to help monitor and record all the environmental aspects of an investment project.

Vietnam: Comments on Draft on Law on Real Estate Business – Part 1

In May 2023, Ministry of Construction and VCCI jointly held a Seminar on Draft of new Law on Real Estate Business (Draft Real Estate Business Law) to collect opinions and comments from enterprise community and experts. This update sets out some notable changes introduced by the Draft Real Estate Business Law.

Vietnam: Approval on 2% VAT rate cut in 2023

On 24 June 2023, the National Assembly approved the Resolution of the 5th Meeting of National Assembly XV. This includes a VAT rate reduction which will take effect from 1 July 2023 until 31 December 2023.

Cambodia: 2023 Property Tax Deadline – 30 September

On 22 June 2023 the General Department of Taxation (“GDT”) issued Notification 20923 reminding property owners of their annual obligations with respect to immovable property tax (“TOIP”) and Unused Land Tax

Vietnam Pocket Tax Book 2023

A synopsis of the most important Vietnam tax issues

Cambodia: A New Regulation Related to Real Estate Development Business is Coming Up

On 2 March 2023, the Royal Government of Cambodia issued Sub-Decree No. 50 on the Management of Real Estate Development Business (“Sub-Decree 50”). Although Sub-Decree 50 was issued, Prakas No. 089 dated 20 January 2020 on the Management of Real Estate Development Business (“Prakas 089”) remains valid and enforceable.

Cambodia: Consumer Rights Under Prakas 0113 on Cooling-Off Period

To improve consumer protection, the Ministry of Commerce issued Prakas 0113 on the Cooling-Off Period dated 11 April 2022. Prakas 0113 sets out a legal framework that gives consumers a right to unilaterally withdraw from a contract of supplying goods or services during the specified cooling-off period.