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…
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…
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…
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…
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….
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…
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…
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…