Amended Vietnamese Land Law Effective January 2025: Key Points for Foreigners

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The amended Vietnamese Land Law, effective from January 2025, marks a significant milestone in reforming the legal framework for land management. This aims to create an effective and transparent legal system, ensuring fairness and sustainability in land management and use. This law serves not only as a legal document but also as a practical guide…

Increasing basic and minimum wages in Vietnam from July 2024

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Starting from July 2024, Vietnam will implement a series of important wage policy reforms aimed at improving the livelihoods of workers and pensioners. According to a resolution passed by the National Assembly, the basic and minimum wages will be increased, bringing significant changes for millions of people. Increasing Basic Wage from VND 1.8 Million to…

Enforcement of Foreign Arbitral Awards in Vietnam

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On June 25, 2024, ASL LAW, in collaboration with the Singaporean law firm WongPartnership LLP (one of the Big 4 law firms in Singapore), organized the seminar “Experiences in Resolving Disputes Through International Arbitration in Singapore and Enforcing Arbitral Awards in Vietnam.” Following the presentation by WongPartnership’s representative, Mr. Vu Tuan Anh from ASL LAW…

5 Main Reasons Leading to Non-Recognition and Non-Enforcement of Foreign Arbitral Awards in Vietnam

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In the context of deepening international integration, resolving cross-border commercial disputes through international arbitration has become more common than ever. However, not all foreign arbitral awards are recognized and enforced in Vietnam. Non-recognition and non-enforcement of foreign awards not only affect the rights of the parties involved but also create complex legal and commercial barriers….

Vietnam Issues Questionnaire for Domestic Producers and Importers in the Anti-Dumping Case on Coated Steel from China and South Korea

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On June 28, 2024, the Ministry of Industry and Trade of Vietnam issued Official Letter No. 495/PVTN-P2 regarding the issuance of the investigation questionnaire for domestic producers and importers in the anti-dumping investigation on coated steel from China and South Korea. On June 14, 2024, the Ministry of Industry and Trade of Vietnam issued Decision…

Basics of Tax Declaration and Calculation Principles in Vietnam

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Vietnam’s tax system plays a crucial role in maintaining state budget revenue, supporting socio-economic development, and ensuring social equity. Mastering the principles of tax declaration and calculation is essential for both businesses and individuals to comply with legal regulations, avoid legal risks, and optimize financial obligations. In this article, we will explore the basic principles…

Handling Late Tax Payments in Vietnam

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Late tax payment is a significant issue in tax administration in Vietnam, directly affecting the state budget and potentially leading to serious legal consequences for taxpayers. To maintain the integrity and efficiency of the tax system, Vietnamese law clearly stipulates measures for handling late tax payments. This article will explore the current regulations regarding the…

Important Notes for First-Time Tax Registrants in Vietnam

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Registering for tax for the first time is a critical step marking the beginning of fulfilling financial obligations to the state. This process requires accuracy and knowledge of legal regulations to avoid unnecessary mistakes. For new individuals and businesses, understanding key considerations when registering for tax for the first time will help them follow the…

Rights and Responsibilities of Taxpayers in Vietnam

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In Vietnam’s tax law system, taxpayers not only play the role of fulfilling their financial obligations to the state but are also protected and enjoy certain rights. Understanding your rights and responsibilities is key to properly and fully complying with legal regulations, thus avoiding unnecessary risks and sanctions. This article will detail the rights taxpayers…

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