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The M&A activities in 2023 are still not as exciting and dynamic as expected. However, with encouraging signals in M&A deals, particularly in the real estate and technology sectors in the latter half of 2023, along with policy changes aimed at attracting foreign investment, the Vietnamese M&A market is expected to recover and thrive in…
05
Dec
Dec
With a continuous commitment to providing cross-border legal services for Vietnamese businesses in various countries, the IBA event provides an excellent opportunity for ASL LAW’s lawyers to meet, exchange, and learn from experiences in their specialized legal areas such as anti-dumping and trade remedy, mergers and acquisitions, business, energy and oil, construction, intellectual property, arbitration,…
Featured News, Tax Law, Anti-Dumping & Countervailing, Real Estate and Construction Law, M&A, Employment & Labor, Banking & Finance, Franchise, Intellectual Property Law, Investment Law, Business, Media, News, Press
ASL LAW continues to be the sponsor for the International Bar Association (IBA) Annual Conference 2023 in Paris
03
Dec
Dec
After officially becoming a sponsor for the IBA Annual Conference in Miami, USA in 2022, ASL LAW is honored to maintain its role as the main sponsor for the IBA Annual Conference 2023 in Paris, France. The IBA Annual Conference is a prestigious international legal conference. Established in 1947, shortly after the founding of the…
21
Nov
Nov
The D/P (Documents against Payment) payment method is one of the common payment methods in Vietnam and internationally, enabling parties involved in international trade to conduct transactions with transparency and accuracy, ensuring the interests of each party. However, due to its relatively recent introduction, there are some operational and personnel management gaps in implementing the…
30
Jul
Jul
Circular No. 06/2023/TT-NHNN, which amends and supplements certain provisions of Circular No. 39/2016/TT-NHNN, has been recently issued by the State Bank of Vietnam. This new circular removes the limitation on borrowing for the purpose of prepaying existing loans at other banks solely for business-related activities. As a result, individuals can now get loans from other…
02
Jul
Jul
The Ministry of Finance of Vietnam has issued Circular 44/2023/TT-BTC, which stipulates a reduction of 10% to 50% in fees and charges for 36 items, aimed at supporting individuals and businesses in difficult economic conditions, recovering from the pandemic, and international fluctuations. The Ministry of Finance of Vietnam estimates that the reduction of these 36…
24
Jun
Jun
The provision for risk reserves in the banking sector is a requirement based on International Financial Reporting Standards (IFRS) and specific regulations of financial regulatory authorities. When a bank provides loans and those loans become loans from group 2 onwards, the bank is required to set aside a corresponding portion as a provision for risk….
16
Jun
Jun
Compulsory reserve is the amount of money that a credit institution must deposit at the State Bank for each type of deposit with different terms. So, what is Vietnam’s legal regulation on compulsory reserve? Article 10 of the Law on the State Bank of Vietnam 2010 stipulates that compulsory reserve is one of the monetary…
30
Mar
Mar
Are banks and credit institutions the same concept? In the following article, ASL LAW will introduce some basic differences in the definition between a bank and a credit institution in Vietnam. Definition Clauses 1 and 2, Article 4 of the Law on Credit Institutions 2017 No. 17/2017/QH14 amending and supplementing a number of articles of…
21
Mar
Mar
The Draft Decree amending and supplementing Decree No. 65 contains proposed provisions on the payment of bond principal and interest by enterprises with other assets (Supplement point d, clause 3 of Decree No. 65). This proposal has been approved, detailed in Decree No. 08/2023/ND-CP amending and supplementing Clause 3, Article 34 of Decree No. 153/2020/ND-CP….
