Vietnam is about to enact legislation that could unlock significant foreign investment in its burgeoning semiconductor industry. The Ministry of Information and Communications has been leading the drafting of a law focused on digital technology. The draft law includes essential provisions aimed at fostering the semiconductor sector, a cornerstone of Vietnam’s digital economy. Semiconductors are…

In a move to bolster the Vietnamese stock market and attract greater foreign investment, the State Bank of Vietnam (SBV) is drafting a new circular to better manage foreign indirect investment protocols. This initiative seeks to simplify the opening and use of Vietnamese dong-denominated accounts for foreign investors, streamlining procedures and creating a more favorable…

The Government of Vietnam has recently issued Decree 132/2024/ND-CP, which provides a regulatory framework for overseas investment in petroleum activities. This new decree, set to take effect on December 5, 2024, replaces Decree 124/2017/ND-CP and introduces several important provisions regarding how Vietnamese investors can engage in petroleum projects abroad. Key Provisions on Overseas Investment Capital…

On September 24, 2024, the Vietnamese government released the first draft of a new Law on Personal Data Protection (PDPL) for public consultation. This draft law marks a significant enhancement of Vietnam’s data protection framework, with stricter provisions compared to the current Personal Data Protection Decree (PDPD). Set to potentially take effect on January 1,…

Registering a trademark in Laos is essential for businesses seeking to protect their brand in this emerging market. Laos adheres to an IP system that reflects international agreements, providing solid protection for trademarks. This guide outlines the procedure of trademark application in Laos, including the necessary documents and steps. What Can Be Registered as a…

Registering a trademark in Laos is essential for businesses looking to protect their brand in a rapidly developing economy. As a member of ASEAN, Laos follows international standards for intellectual property protection, making trademark registration a key step for domestic and foreign companies. This guide provides all the necessary steps for Laos trademark registration, from…

The Government of Vietnam has introduced Decree No. 111/2024/ND-CP, establishing a comprehensive system of information and a National database on construction activities. This decree, which takes effect on November 1, 2024, sets out key principles and requirements for the development, management, and use of this centralized construction information system. Centralized Management The decree emphasizes that…

On September 30, 2024, the State Bank of Vietnam (SBV) issued Circular 46/2024/TT-NHNN, introducing new regulations on USD deposit interest rates applicable to organizations and individuals at credit institutions and foreign bank branches. This circular is set to take effect on November 20, 2024, and brings notable changes to the way USD deposit interest rates…

Registering a trademark is an important step for entrepreneurs and businesses looking to protect their goods or services and distinguish themselves in the marketplace. However, the process can be complicated, and mistakes can lead to costly consequences. To help you manage the complexities of trademark registration, we highlight the three most common mistakes and provide…

In today’s competitive market, a trademark is a crucial element of a company’s branding strategy. It represents the identity, values, and reputation of a business. A well-designed logo or memorable brand name can create instant recognition and trust among consumers, making it an invaluable asset. Protecting this asset through trademark registration ensures exclusive rights and…