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Taylor Swift, the global music sensation, isn’t just known for her chart-topping hits and electrifying performances. She’s also making waves in the world of intellectual property with her extensive trademark portfolio. By the start of 2024, Swift proudly owns almost 140 trademarks registered at the United States Patent and Trademark Office, showing her dedication to…
06
May
May
In a bid to streamline trade processes and foster greater economic cooperation, the Ministry of Industry and Trade recently issued Circular No. 04/2024/TT-BCT, amending and supplementing several Articles of Circular No. 20/2014/TT-BCT. These amendments specifically target the rules of origin within the Agreement establishing the ASEAN – Korea Free Trade Area (AKFTA), aiming to enhance…
14
Apr
Apr
Recent data released by Vietnam Foreign Investment Agency, under the Ministry of Planning and Investment, sheds light on the dynamic landscape of foreign investment in the country. As of March 20, 2024, Vietnam has seen a significant increase in foreign investment, with total registered capital reaching over $6.17 billion. This marks a notable 13.4% increase…
14
Apr
Apr
Vietnam’s regulatory landscape concerning outward investment is essential for both investors and enterprises looking to expand their operations beyond national borders. With detailed provisions outlined in Decree No. 31/2021/NĐ-CP, investors are guided through conditions for regulated sectors and requirements for various forms of outward investment. Conditions for Regulated Sectors Decree No. 31/2021/NĐ-CP, referencing Article 72,…
15
Apr
Apr
Vietnam’s Ministry of Information and Communications has taken a significant step in safeguarding consumer interests with the enactment of new regulations aimed at enhancing oversight of unsafe Information and Communication Technology (ICT) products. Circular 04/2023/TT-BTTTT, scheduled to come into effect on May 15, 2024, marks a pivotal moment in ensuring that technology products entering the Vietnamese…
08
Apr
Apr
As the world progresses into the digital age, the realm of finance undergoes significant transformations, with virtual assets emerging as a prominent feature. However, as of now, Vietnamese law remains silent on the regulation of virtual assets and virtual asset service providers. Recently, the Prime Minister of Vietnam issued Decision No. 194/QD-TTg on February 23,…
17
Apr
Apr
In a move aimed at streamlining the management of Vietnam’s national domain names, the Ministry of Information and Communications (MOIC) has introduced a draft decree outlining several key provisions related to the registration and usage of “.vn” domain names. These proposed regulations, if enacted, would bring about significant changes in the process of domain name…
06
Apr
Apr
The State Bank of Vietnam (SBV) has taken proactive steps to adapt to the rapidly changing domestic and international market conditions by revising a crucial circular governing foreign currency transactions. To enhance flexibility and initiative in managing monetary and exchange rate policies, the SBV’s move signifies a strategic response to the dynamic nature of the…
17
May
May
The Vietnamese government has recently issued Decree No. 24/2024/ND-CP, providing detailed regulations and measures for the implementation of the Bidding Law concerning the selection of contractors. This decree, aimed at enhancing transparency and efficiency in bidding procedures, outlines specific provisions regarding preferential treatment for contractors participating in various procurement activities. Under Article 4 of the…
19
May
May
In response to the progress in artificial intelligence (AI), the European Union (EU) has initiated a groundbreaking measure with the introduction of the AI Act as the world’s comprehensive legislation governing AI usage. This pivotal regulation aims to promote innovation while ensuring the safe, transparent, and ethical deployment of AI technologies, marking a significant milestone…
