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Philippines: Amendments to the Foreign Investment Act
  • DFDL Philippines
Friday, March 11 2022

On 02 March 2022, the President of the Philippines signed into amendments to the Foreign Investments Act. Among the notable amendments are: 1. The creation of an Inter-Agency Investment Promotion Coordination Committee (“IIPCC”), 2. The introduction of the Foreign Investment Promotion and Marketing Plan (“FIPMP”), and 3. Reserving micro and small domestic market enterprises to Philippine nationals.


Vietnam added to the EU’s “grey list"
  • PwC Legal Vietnam
Friday, March 11 2022

On 24th February 2022, the Council of the European Union (“EU Council”) added another 10 countries, including Vietnam, to its grey list, - its list of The grey list of countries deemed by the EU to be co-operative and have committed to reforming their tax rules.


Cambodia: Capital Gains Tax Officially Delayed to 2024
  • DFDL Cambodia
Wednesday, March 09 2022

The General Department of Taxation issued Notification no. 4577 GDT on the 9th of March 2022 which delays the implementation of Prakas 346 on Capital Gains Tax to 1 January 2024.


Vietnam Updates From ADK - Vol. 37: Draft Circular on determining electricity generation prices and power purchase agreement value for solar and wind generation.
  • ADK Lawyers
Friday, March 04 2022

In this update: 1) Draft Circular on electricity generation price brackets, determining electricity generation price, and power purchase agreement value, 2) Guideline on determining the HS code for receiving 2% VAT reduction, and the Ministry of Health issued the Circular stipulating the latest maximum payment rates for testing services.


Accommodation Service Business Within An Industrial Zone
  • Venture North Law Firm
Wednesday, March 02 2022

To satisfy the actual demand of those working in industrial zones (IZs), recently, more and more investors are exploring possibility to do the accommodation service business (e.g. hotel, condotel, officetel, …) (Accommodation Business) within IZs.


Vietnam Weekly Update - 28 February 2022
Cập Nhật Hàng Tuần Việt Nam - 28 Thang 02 2022
  • BLawyers Vietnam
Tuesday, March 01 2022

In this legal update: 1) Guidance on investment supervision and assessment for foreign investment activities in Vietnam; 2) National program on occupational safety and health for the period of 2021 -2025.


Vietnam Signed Social Insurance Agreement With Korea
Bản tin nhanh về pháp luật bảo hiểm
  • KPMG Vietnam
Tuesday, March 01 2022

On 14th December 2021, the Social Insurance Agreement (“the SIA”) between Vietnam and Korea was signed by the Minister of Labour, War Invalids and Social Affairs (Vietnam) and the Minister of Health and Welfare (Korea) on behalf of the Governments of the two countries


Vietnam Updates From ADK - Vol. 36: Decree No. 17 on penalties in the following fields: Chemicals, energy, commerce, production and trade in counterfeit goods, consumer rights.
  • ADK Lawyers
Friday, February 25 2022

In this update: The Government has just issued Decree 17 on penalties for administrative violations in the field of chemicals, electricity, safety of hydroelectric dams, effective use of energy. commerce, production and trade in counterfeit and prohibited goods, and protection of consumer rights.


Cambodia: Annual Compliance Obligations
  • DFDL Cambodia
Thursday, February 24 2022

There have been some recent changes and updates with respect to the annual compliance obligations for most enterprises in Cambodia, including: Tax on income return, transfer pricing documentation, patent tax, annual certificate of compliance, annual declaration of commercial enterprise, submission of annual financial statements, foreign employee quota for 2023, foreign employee work permits for 2022, etc.


Future of Vietnam DTAs post-MLI
  • PwC Tax & Advisory Vietnam
Wednesday, February 23 2022

On 9 February, Vietnam signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (“the Convention” or “the MLI”), becoming the 99th jurisdiction to join the Convention.


Vietnam: Precedent No. 52/2021/AL on the validity of contracts for a donation of land use rights without registration
Việt Nam: Tiền lệ số 52/2021/AL về hiệu lực hợp đồng tặng cho quyền sử dụng đất mà không cần đăng ký
  • Apolat Legal
Wednesday, February 23 2022

In this legal update: 1) Entry procedures for foreigners, overseas Vietnamese and their relatives to return to Vietnam, 2) Precedent No. 52/2021/AL on the validity of contracts for a donation of land use rights without the registration of land use rights


Vietnam Weekly Update - 16 February 2022
Cập Nhật Hàng Tuần Việt Nam - 16 Thang 02 2022
  • BLawyers Vietnam
Thursday, February 17 2022

In this legal update: 1) The implementation of several articles of the Law on Occupational Safety and Health regarding employee benefits re occupational accidents or diseases, 2) Amending the Law on Investment and the Law on Housing; and 3) Frequently asked legal questions on declaring inheritances.


Resolution 11 provides various measures to support businesses
  • PwC Tax & Advisory Vietnam
Tuesday, February 15 2022

On 30 January, the Government issued Resolution 11/NQ-CP on socio- economic recovery measures and implementation of Resolution 43/2022/QH15 on fiscal and monetary policies.


Digital Signatures In Signing Labour Contracts
  • BLawyers Vietnam
Tuesday, February 08 2022

Digital signatures can be used by businesses to sign labour contracts with their employees. This update discusseses the legal validity of digital signatures with employees.


Vietnam Updates From ADK - Vol. 35: Law amending and supplementing the Law on Investment, the Law on Enterprises
Bản Tin Pháp Luật Từ ADK - Số 35: Luật sửa đổi, bổ sung Luật Đầu tư, Luật Doanh nghiệp
  • ADK Lawyers
Tuesday, February 08 2022

In this update: 1) National Assembly issues Law No. 03/2022/QH15 amending and supplementing a number of articles of the Law on Investment, the Law on Enterprises, 2) Eliminating the requirement to have a certificate of full dose of COVID-19 vaccine or a certificate of recovery or negative test on domestic flights


Axie Infinity Redux
  • Indochine Counsel
Tuesday, February 08 2022

Vietnam’s startup darling Axie Infinity is in the news. Like the United States on the back of trillions of dollars of newly printed dollar bills, Axie Infinity is suffering from a classic economic problem: inflation.


Cambodia: Obligation for Projects to Submit Documentation to the GDT
  • DFDL Cambodia
Monday, February 07 2022

The General Department of Taxation issued an Instruction which sets out obligations for taxpayers in Cambodia that carry out projects for public interest in connection with a grant or loan agreement or memorandum of understanding with the Government.


Thailand: Dispute Resolution Mechanisms Across Various Industries
  • DFDL Thailand
Sunday, February 06 2022

This article considers the various modes of dispute resolution used the most in Thailand, with particular reference to several key industry sectors of Thailand.


Major Changes To The Implementing Rules of Law On Real Estate Business in Vietnam
  • Venture North Law Firm
Friday, February 04 2022

On 6 January 2022, the Government issued Decree 2/2022 on implementation of the Law on Real Estate Business 2014. Decree 2/2022 will take effect from 1 March 2022 and replace Decree 76/2015. This post will summarize some notable new regulations introduced by Decree 2/2022.


Features

Legal Terms Bilingual Index

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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