On December 28, 2023, the Government issued Decree 94/2023/NĐ-CP, outlining the value-added tax reduction policy in accordance with Resolution 110/2023/QH15. Subjects of Value-Added Tax Reduction Specifically, Article 1 of Decree 94/2023/NĐ-CP specifies that the value-added tax reduction will be applied to groups of goods and services subject to a tax rate of 10%, excluding the…
Despite being formally signed in 2023, the UK’s entry into the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) only officially takes effect from 2024, following the completion of domestic legal processes by the UK Parliament. Joining the CPTPP is considered the UK’s most significant trade agreement since its departure from the European Union (EU)…
Prior to the recent improvement in regulations in the labor law in Vietnam concerning the retention period for unemployment benefits, there were instances where many workers, after completing more than 12 years of unemployment insurance contributions, were informed by insurance specialists that they could only receive a maximum of 12 months of unemployment benefits, and…
Scheduled to take effect from July 2024, the new regional minimum wage salary increase is expected to support the lives of Vietnamese citizens who are at or near the current mininum wage. The Vietnam Investment Review (VIR) has written an article covering this subject with high-valued opinion from ASL LAW’s lawyer. Specifically: “Burden balancing ahead…
During the second discussion session of the program “Business and Law: Disputes in investment project transfer contracts,” Lawyer Pham Duy Khuong shared insights into the necessary conditions for transferring investment projects and considerations when conducting transfers after meeting all the conditions. MC Mai Trang inquired: “Mr. Khuong, could you please elaborate on the general conditions…
In the “Business and Law” program on VTV (Vietnam Television), Lawyer Pham Duy Khuong, the CEO of ASL LAW, presented his in-depth perspective on disputes in investment project transfer contracts in Vietnam. Dispute Scenario In the program, MC Mai Trang discussed a dispute scenario involving the transfer of an investment project in Vietnam: In November…
Lawyer Pham Duy Khuong participates in the program Business and Law: Disputes in investment project transfer contracts – Key considerations for businesses on VTV as a guest and expert advisor, providing his professional perspective on issues that businesses need to consider when executing investment project transfer contracts. The program, under the coordination of MC Mai…
On October 19, 2023, the U.S. Department of Commerce (DOC) self-initiated an examination into the scope of products and circumvention behavior related to antidumping and countervailing duty measures applied to aluminum wire and cable (AWC) from China. The investigation covers AWC originating in China that undergoes further processing in Vietnam before being exported to the…
On December 28, 2023, the Ministry of Industry and Trade issued Circular No. 42/2023/TT-BCT, amending and supplementing certain provisions on trade remedy in Vietnam. Circular No. 42/2023/TT-BCT, effective from November 29, 2019, revises and supplements certain provisions of Circular No. 37-2019/TT-BCT, which detailed some contents regarding trade remedy measures. After five years of implementation, Circular…
Following the principle of closely combining theory and practice set forth by the University of Law in Ho Chi Minh City, ASL LAW has participated in the program to strengthen the bond between Vietnam law firm and the university by signing a memorandum of understanding for collaboration with the university. Over the past period, the…