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According to Article 14, Clause 1, of the Investment Law 2020, disputes related to business investment activities in Vietnam are resolved through negotiation and mediation. In cases where negotiation and mediation are not successful, disputes are settled through arbitration or court proceedings as stipulated in Clauses 2, 3, and 4, Article 14, of the Investment…
21
Nov
Nov
The significant modifications to the Madrid System will impose new responsibilities on the trademark registration agencies of participating countries. These modifications are anticipated to be effective from November 1, 2023, and November 1, 2024, to enhance transparency and efficiency in the global trademark protection process and establish clearer timeframes in the trademark protection procedure. The…
22
Nov
Nov
On September 19, during his visit to the United States to participate in the high-level general discussion session of the 78th United Nations General Assembly, Prime Minister Pham Minh Chinh met with US Secretary of Commerce Gina Raimondo in Washington, D.C. During the meeting, Prime Minister Pham Minh Chinh expressed his deep appreciation for President…
13
Nov
Nov
The recently enacted Petroleum Law in Vietnam has led to the implementation of Decree 45/2023/ND-CP, effective from July 1. This decree provides guidance on various aspects of the Petroleum Law, aiming to streamline and enhance oil and gas exploration and exploitation activities within the industry, ultimately promoting its rapid and sustainable development. Decree No. 45…
12
Nov
Nov
Awareness of responsible business among businesses remains limited, with some even confusing it with corporate social responsibility. ASL LAW was a speaker at the Workshop on developing and implementing policies to promote “Responsible Business Practices: Experience in the European Union (EU), Thailand” During the workshop on developing and implementing policies to promote “Responsible business practices: Experience…
17
Nov
Nov
Over a span of more than three years, the Vietnam-European Union Free Trade Agreement (EVFTA) has played a crucial role in enabling robust recovery in exports to the EU. It transitioned from a 1.8% decline in 2020 to impressive increases of 14.2% in 2021 and 16.8% in 2022. Additionally, the proportion of capital invested by…
14
Dec
Dec
Intellectual Property (IP) is a valuable asset for both individuals and businesses, whether it includes patents, trademarks, copyrights, or trade secrets. IP represents the result of innovative and creative processes, deserving of protection. Unfortunately, IP infringement is not uncommon. When someone violates IP rights, businesses need to take steps to protect their creativity and interests….
12
Jan
Jan
The franchising system has become popular and effective for businesses looking to expand globally. This business model allows companies to extend their presence and brand recognition by partnering with foreign businesses operating under an established distributor’s business system. Despite its potential, international franchising also poses several legal challenges that both franchisors and franchisees must address….
16
Oct
Oct
The revised Intellectual Property Law of Vietnam has taken effect from January 1, 2023. It includes provisions on plant varieties – one of the types of intellectual property in Vietnam. In the following article, ASL LAW will discuss notable changes in plant variety regulations in the revised Intellectual Property Law. Amend and supplement regulations on…
27
Sep
Sep
According to Article 21 of the Investment Law 2020, forms of investment in Vietnam, including investment in establishing economic organizations; investing capital, buying shares, capital contributions; implementing investment projects; investment in the form of BCC contracts and other documents of investment and new types of economic organizations according to the Government’s regulations. Individuals can choose…
