Experience Working in International Arbitration in Singapore with Vietnamese Parties

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On June 25, 2024, ASL LAW, in collaboration with WongPartnership LLP, one of Singapore’s Big 4 law firms, organized a seminar titled “Experience in Resolving Disputes through International Arbitration in Singapore and Enforcement of Arbitral Awards in Vietnam.” This event brought together leading legal experts and practitioners to discuss key aspects of international arbitration, with…

4 Important Notes for Vietnamese Businesses When Participating in Dispute Resolution at Singapore International Arbitration Centre (SIAC)

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On June 25, 2024, ASL LAW, in collaboration with Singaporean law firm WongPartnership LLP (one of the Big 4 law firms in Singapore), organized the workshop “Experience in Resolving Disputes through International Arbitration in Singapore and Enforcement of Arbitral Awards in Vietnam”. This event highlighted the intricacies of navigating international arbitration for Vietnamese businesses and…

Foreign Investment in Vietnam Sees Significant Growth in the First Half of 2024

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According to the latest report from the Foreign Investment Agency (under the Ministry of Planning and Investment), as of June 20, 2024, Vietnam has seen a notable increase in foreign investment. The total newly registered capital, adjusted capital, and capital contribution through share purchases by foreign investors have reached nearly USD 15.2 billion, marking a…

ASL LAW accompanies Soul of Law 2024 competition (Mergers & Acquisitions) as the Gold Sponsor

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In the ever-evolving landscape of legal education and practice, the Soul of Law competition stands out as a premier event, merging academic with practical insights. Soul of Law 2024, themed “Mergers & Acquisitions” is significantly enhanced by the support and participation of ASL LAW, the Gold Sponsor. Soul of Law 2024: Mergers & Acquisitions The…

Vietnam Court Issues First Criminal Verdict for Online Copyright Violation

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On April 19, 2024, the Hanoi People’s Court issued Vietnam’s first criminal sentence for online copyright infringement. Le Hai Nam, the operator of the illegal IPTV subscription service BestBuy IPTV, faced criminal charges following investigations. The Case and Key Details BestBuy IPTV has been regularly featured on the United States Trade Representative’s blacklist over the…

Vietnam: Covering the many complexities of livestream taxes

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(Published on Vietnam Investment Review) Gaining revenues from livestream sessions is increasingly popular on e-commerce platforms. However, it also raises issues regarding declaration and taxation. ASL Law senior partner Nguyen Thi Thuy Chung talked to VIR about taxing livestream sessions and protecting intellectual property rights on e-commerce platforms. What are the current obstacles to tax…

Conditions and Procedures for Foreign Investment in Vietnam through Capital Contribution and Share Purchase

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Vietnam has updated its regulations on foreign investment through capital contribution, share purchase, or capital contribution purchase, making it essential for foreign investors to stay informed. Below, we outline the latest conditions and procedures that foreign investors must adhere to, based on the Investment Law 2020 and Decree 31/2021/ND-CP. Conditions for Foreign Investment through Capital…

Understanding Vietnam’s Work Permit Rules for Foreign Workers

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On September 18, 2023, the Vietnamese Government enacted Decree No. 70/2023/ND-CP, which amends and augments specific provisions outlined in Decree No. 152/2020/ND-CP. This decree addresses the recruitment of foreign workers in Vietnam, as well as the hiring and oversight of Vietnamese employees working for foreign individuals and entities in the country. A work permit is…

Vietnam Issues Circular on E-Procurement System and Contractor Selection

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On April 19, 2024, the Ministry of Planning and Investment of Vietnam issued Circular No. 05/2024/TT-BKHDT, which elaborates on providing and publishing information regarding bidding and contractor selection on the Vietnam National E-Procurement System. This circular introduces important regulations and charge rates relevant to contractors and investors. Key Provisions of Circular No. 05/2024/TT-BKHDT Charge Rates…

Exploring Business Entry Options in Vietnam: A Guide for Investors

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Vietnam, with its dynamic economy and strategic location, offers numerous opportunities for foreign investors. When considering entering the Vietnamese market, investors can choose different types of business structures: Representative Office, Limited Liability Company (LLC), Joint-Stock Company, Branch Office, Joint Venture, and Public-Private Partnership. Each option has unique features, requirements, and benefits tailored to different business…

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