ASL LAW successfully concluded its bussiness journey at the 2024 IBA Annual Conference, held in Mexico from September 15 to 20. This premier global legal event attracted over 5,000 representatives from more than 2,700 law firms, corporations, governments, and regulatory agencies from over 130 jurisdictions. It provided a unique opportunity for lawyers and lawmakers to…

With the enactment of the 2024 Law on Credit Institutions, Vietnam aims to establish a robust legal framework that addresses the challenges faced by credit institutions, particularly those experiencing liquidity risks and poor performance. This law comprises 210 articles and seeks to rectify shortcomings of the previous 2010 Law on Credit Institutions while promoting the…

Vietnam’s General Department of Customs (GDC) has recently issued Official Letter No. 3747/TCHQ-TXNK to strengthen the management of duty-incentivized projects undergoing ownership changes. This follows an increase in reports from provincial and municipal customs departments regarding related complications. In response, the GDC has outlined the conditions and procedures for ownership changes in investment-incentivized projects, citing…

In the world of intellectual property, bad-faith trademark applications undermine the essence of trademark law, which is to protect consumers and ensure fair competition in the marketplace. Below are several examples of such applications that reflect unethical practices. Registering a Confusingly Similar Trademark One common form of bad faith is when a party registers a…

On August 27, 2027, Vietnam’s Prime Minister issued Directive 29/CT-TTg to bolster demand, support production, and promote market development within the country. This directive marks a significant effort by Vietnam, an export-dependent economy, to strengthen its domestic market and enhance the role of local businesses. Vietnam’s economic growth has been predominantly driven by export-oriented industrialization…

Starting a business is challenging, with countless decisions to make and expenses to manage. Among these, choosing a brand name is one of the most important—and it can have long-term consequences for your business. A strong brand name is essential to distinguish your products or services from competitors, and securing legal protection for it through…

As of August this year, the process for initial registration of land and land-attached assets in Vietnam can now be conducted electronically, in accordance with the country’s land and e-transaction laws. This shift is outlined in the Government’s Decree 101, which focuses on land surveys, registration procedures, and the issuance of land use right certificates….

A trademark search is essential for any party interested in registering a new trademark or ensuring the registration of one they are already using. You can identify potential conflicts, avoid legal complications, and safeguard your brand’s future by conducting a thorough trademark search. Why Should You Conduct a Trademark Search? The primary goal of a…

A company’s brands can be among its most valuable assets, and brand owners must proactively protect them. Trademark registration is a critical first step, but brand protection should not end there. A well-rounded strategy that includes continuous monitoring for potential trademark infringement or misuse is essential. One such strategy is the implementation of trademark watch….

Foreign Direct Investment (FDI) in Vietnam continues to thrive, reaching an estimated USD 14.15 billion in the first eight months of 2024. This figure marks an 8% increase compared to the same period last year, setting a five-year high for FDI realized during this timeframe. Total registered foreign investment capital in the country has also…