The Government has just issued Decree 70/2023/ND-CP amending and supplementing a number of articles of Decree 152/2020/ND-CP regulating foreign workers (employees) working in Vietnam and recruiting employ and managing Vietnamese workers working for foreign organizations and individuals in Vietnam. Amended regulations related to intra-enterprise movement Decree 70/2023/ND-CP has amended and supplemented the concepts of experts,…
(Published on Vietnam Investment Review’s website) In order for foreigners to work in Vietnam, employers and employees must comply with regulations governing the issuance of work permits. Vietnamese law has specific regulations on conditions for such people to work here, conditions for recruitment and employment of foreigners in Vietnam, procedures for issuance of work permits,…
Vietnam has developed to become an important destination for foreign investors and business growth, as well as one of the region’s fastest-growing economies in the world. One of the primary factors that draw foreign business owners and entrepreneurs to Vietnam is its position as the third-largest market in Southeast Asia. This is further bolstered by its…
While a decade may not seem like a long period of time, it holds significant importance for ASL LAW as it represents the starting journey filled with countless memories, illustrating the company’s journey of growth and development. These 10 years stand as a significant milestone, marking crucial strides taken by ASL LAW as it aims…
The State Bank of Vietnam has issued Circular 08/2023/TT-NHNN on conditions for borrowing foreign loans not guaranteed by the Government, replacing Circular No. 12/2014/TT-NHNN effective from August 15, 2023. Despite the concerns of banks that the revised lending regulations could significantly disrupt offshore lending, the new Circular still contains less stringent regulations than anticipated. These…
On August 23, 2023, the Government issued Decree No. 65/2023/ND-CP detailing a number of articles and measures to implement the Intellectual Property Law on industrial property, protecting intellectual property rights, rights to plant varieties, and State management of intellectual property. Accordingly, Decree 65/2023 details and measures to implement the provisions of the Intellectual Property Law…
New Myanmar trademark law coming into effect on April 1, 2023, has been highly anticipated, despite the political and economic challenges in the country. Following the implementation of the aforementioned legislation, global corporations and brand owners expressed that they were pleased with having the chance to have access to thorough protection of their trademark rights…
Vietnam’s real estate market is expected to get more diverse as a result of real estate FDI projects. According to the Ministry of Planning and Investment, Vietnam currently invests in the real estate sector with 1,100 projects with a total investment capital of 66.4 billion USD, accounting for 15% of the total investment capital. After…
Protecting intellectual property rights (IPR) is one of the most important activities of the gaming industry. This activity can help game developers protect their works, as well as ensure that they receive adequate recognition and revenue. However, IPR protection can be difficult in the digital world, especially in countries that do not have or do…
The revised Intellectual Property Law of 2022 in Vietnam has come into effect since the beginning of 2023. Accordingly, a number of provisions on copyright have been amended and supplemented. Definition of author, co-author According to the revised Vietnam IP Law 2022, the definition of co-author has been revised as follows: “1. An author is…