The Vietnam Stock Exchange and the Vietnam Securities Depository and Clearing Corporation (VSDC) are only allowed to invest outside of enterprises in the field of securities and the stock market. The Government has just issued Decree No. 59/2021/ND-CP stipulating several specific contents on financial management mechanism and performance evaluation for the Vietnam Securities Depository and…
Regarding e-commerce activities like Google, Facebook, YouTube, etc. which generate incomes, the Tax Department of Ho Chi Minh City proposed the Government stipulate that these organizations must fulfill tax obligations in Vietnam. The tax responsibilities may include assisting in providing information of organizations and individuals in Vietnam that have business activities and earn income from…
Currently, due to the complication of the Covid-19 epidemic, the domestic capital mobilization is becoming more and more difficult for Vietnamese enterprises. In addition, borrowing money from credit institutions in Vietnam remains the high interest rates and lending standards. Thus, borrowing bonds to foreign markets, especially healthy markets such as Singapore, is becoming an effective…
Currently, letter of credit (L/C) is an increasingly popular payment method in international commercial transactions because of the safety and prestige through the bank’s commitment to pay the seller. If the seller provides the full set of documents specified under the L/C and the buyer is also guaranteed by the bank that the goods will…
There are so many similarities between the 2 agreements that the UK-Vietnam Free Trade Agreement (UKVFTA) might as well be called a direct copy of the EU-Vietnam Free Trade Agreement (EVFTA). UKVFTA – EVFTA: What’s the difference and similarities? In 14 areas of UKVFTA, the United Kingdom allows Vietnam to export at a 0% tax…
Debt recovery or debt collection in Vietnam is so complicated and lenders or creditors should know the most proper way to recover the debt. As the leading debt recovery law firm in Vietnam, ASL LAW helps you figure the suitable measures. What are our experiences in the debt recovery in Vietnam? Our debt recovery team…
Bitcoin mining is a term used to describe the process by which bitcoins are given to a computer to solve a series of complex algorithms. Since multitasking involves the processing of large amounts of data, Bitcoin mining is a very energy-intensive process. That amount of energy has had ever-greater effects on international electricity and could…
Vietnam Business Merger and Acquisition (M&A) Forum in 2020 was held with the theme “Rising in a new normal state”. The M&A Forum 2020 offers many perspectives on Vietnam’s M&A market in the past year and prospects for the coming year. Will the M&A wave explode in Vietnam in 2021? Legal change in 2021 In…
New investment channels such as Forex, cryptocurrencies are attracting a lot of attention from investors. Although there are many life-changing opportunities, investing in these investment channels still has many risks. Therefore, the addition of legal provisions related to this investment channel is very important. There are still loopholes in the legal regulations, and the problem…
Converging reputable lawyers and legal experts working in different fields of law in Vietnam and internationally, ASL LAW not only provides a variety of legal services but is also considered a sheet anchor by Vietnamese businesses with trade relations in 22 countries around the world. Vietnam International Law Firm With a team of prestigious lawyers…