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…
The strategic use of intellectual property (IP) can play a crucial role in sustaining business growth. By leveraging IP rights effectively, a company can gain a competitive advantage, protect its innovations, and create new revenue streams. Here are some significant strategies to strategically use intellectual property for business growth. Protecting Innovations with Patents: If your…
Intellectual property (IP) refers to creations of the mind, such as inventions, literary and artistic works, designs, symbols, names, and images used in commerce. IP is protected through patents, copyrights, trademarks, and trade secrets, providing creators with exclusive rights over their creations for a limited period. Technology transfer, on the other hand, is the process…
On June 20, 2023, the National Assembly passed the Law on the Protection of Consumer Rights. This is an important law project with an impact on many industries and fields. This Law is built on the principle of inheriting, promoting, and improving regulations that are still relevant to reality in the Law on Protection of…
At Webinar: “Personal Data Protection in Vietnam and Cross-Border Transactions – What’s New?” ASL LAW received very practical questions. In this article, ASL LAW would like to answer those questions. Question 1: How do we exchange information regarding DPO with the local regulator? Is the National Portal on personal data protection launched already? Until now,…