The Ministry of Industry and Trade continues to maintain anti-dumping measures for a number of H-shaped steel products originating from Malaysia under Decision No. 1975/QD-BCT issued on August 18, 2021. Regarding this issue, the Trade Remedies Authority of Vietnam, Ministry of Industry and Trade said that the Ministry of Industry and Trade started investigating the…
Recognizing the importance and benefits of participating in the Hague Agreement, the Vietnamese Government had paid close attention to directing the implementation of the Agreement in Vietnam. Accordingly, the NOIP was assigned to assume the prime responsibility and coordinate with other units to strictly, fully, and effectively implement the declarations made by Vietnam when joining…
In the new era, Vietnam has been one of the most outstanding rising stars in South East Asia. Besides the establishment of solid and harmonious diplomatic relations with other countries in the region, Vietnam has also participated in many free trade agreements (FTA) such as CPTPP, EVFTA, RCEP, etc. However, although these FTAs have many…
Recently, the General Department of Taxation has explained why there is no proposal to reduce personal income tax for employees. Vietnam’s economic situation in the first half of 2021 In the first 6 months of this year, the national PIT collected by the tax sector was estimated at VND 73,027 billion, equaling 67.7% of the…
Article 19 of the IP Guidelines explain how businesses with a dominating market position can impose differing licensing restrictions on transaction counterparties with virtually equivalent conditions without justifiable reasons, resulting in discriminatory treatment. It also describes how to examine this behavior, including the conditions of the transaction counterparties, the licensing agreement’s provisions, and the discriminatory treatment.
Due to the heavy impacts from the Covid-19, the Vietnamese Government is doing its best to give out support for businesses suffering from this pandemic. Specifically, the Ministry of Finance is shortening the procedure for approving a tax and fee support package of about 20,000 billion VND. Furthermore, the banks also committed to reducing interest…
Recently, the “land fever” has re-emerged, causing the sale and transfer of the real estate to increase. However, in society, there has been a situation where the selling of a house contains 2 different prices. This phenomenon, caused by the buyers and the sellers, aims to avoid or reduce the taxes that they have to…
(Vietnam) Most of the workforce in every society is made of workers. The workers are manual laborers and they contribute to the founding of every stone and road in our society. Nonetheless, most of them still experience troubles with salary every month. So what is the right salary to be paid to the workers each…
The new support package that the Vietnam Ministry of Finance is developing is expected to reduce 50% of the payable tax amount arising from production and business activities in the third and fourth quarters of 2021 for all business households and business individuals in Vietnam. The recent complicated developments of the Covid-19 epidemic, especially in…
AI systems rely heavily on data. The access to data and the use of data to set up AI systems can cause intellectual property problems when the data is protected by copyright and related rights. Accordingly, artificial Intelligence and Machine Learning are not just for Big Business but it’s a problem that all businesses will…