At the end of March, the Government issued a decree amending administrative penalties for organizations involved in media business activities including advertising. The decree covers things from newspapers to online advertising and includes three provisions that are of concern regarding online advertising in Vietnam.
The Cambodian Ministry of Commerce issued a new announcement on the Granting of E-Commerce Permits and Licenses on 26 May 2021. Eligible applicants may now apply for e-commerce permits or licenses with immediate effect from the MOC through an online portal.
On 10 April 2021, the Thai Government announced an Emergency Decree Amending Secitons 7 and 224 of the Civil and Commercial Code 2021 making significant changes to the very high default interest rates that may be charged on loans that fall into arrears or are not being properly paid off.
In this update, we discuss some key issues under the model PPA used for rooftop solar system (RTS) under Circular 18/2020.
This post provides a table for comparison between a multiple member limited liability company (Multiple LLC) and a joint stock company (JSC) under the Enterprise Law 2020 in some key areas.
The UK court has recently considered that an Uber driver is a Worker of Uber under UK employment law. In this update, we will consider if similar conclusion could be reached under Vietnamese law using the UK court’s reasoning.
This update discusses Decree 21 /2021 and whether the obligee must be the secured party in a secured transaction.
This update summarises the key steps in an arbitration proceeding at Vietnam International Arbitration Center (VIAC) and Singapore International Arbitration Center (SIAC).
This newsletter provides a list of significant newly issued Vietnam legal documents in May, 2021.
The complexity of the trade finance landscape is evident in the case of CIMB Bank Bhd v World Fuel Services Singapore Pte Ltd [2021] SGCA 19, where the Court of Appeal considered and analysed the same issues of diametrically opposite competing contracts, and arrived at the opposite conclusion to that of the High Court.
On 18 May, the General Department of Customs issued Decision 1357/QD-TCHQ setting out guidance on the customs codes for importing and exporting goods. This Decision will take effect from 1 June, replacing Official Letter 2765/TCHQ-GSQL issued back in 2015.
In this week’s Legal Update: 1. Preliminary assessment of environmental impacts; 2. Management of construction investment projects and construction investment cost; and 3. Recognition of consulting individuals and organizations in the network of consultants. assisting small and medium-sized enterprises.
This update discusses P2P Lending models, debt collection, and debt collection as a prohibited business investment activity.
The Ministry of Industry and Trade has released draft amendments to Decree 52/2013 on E-commerce for public comment. With new rules being drafted to tighten up taxation of e-commerce, these proposed amendments underline the Vietnam government’s determination to regulate the e-commerce sector.
Personal data leaks, cyberattacks, Vietnam's cybersecurity law and its stalled implementing decree, and the lack of guidance on cyberattacks is discussed.
In this week’s Legal Update: Newly issued, amended, supplemented administrative procedures in the field of employment; Transfer profits to parent company abroad; and Several issues in the operations of credit institutions and foreign bank branches.
Under a new bilateral program agreed on October 23, 2020, US patents may now be used to accelerate the examination of Cambodian patent applications.
Bad faith trademark applications are not uncommon in Cambodia, though less widespread than a decade ago. While not mentioned nor defined under Cambodian law, applications made in bad are implicitly treated and the concept can be a useful tool to seek the cancellation or opposition of such a mark.
In this week's updates: Calculation of deductible expenses when determining CIT for leave expenses, Deductible expenses when determining income subject to CIT for foreign workers, foreign contractor tax finalization, and Paying monthly pension, social and unemployment insurance during COVID-19.
Before getting into the business of P2P lending, it is important to plan for the proper fees charges and to make sure that they are not only distinguished from interest but that the purpose of the fees is traceable to specific activities separate from the profit of the lenders.
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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