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Legal500: Interview with Pham Duy Khuong, Founder and Managing Director of ASL LAW
Founder and Managing Director Pham Duy Khuong explains how leading Vietnamese firm ASL LAW is adapting to clients’ changing needs.
Early removal of obstacles for lending activities is the mutual goal of the participants in the Online Seminar “Practical implementation of Circular 39/2016/TT-NHNN regulating lending activities of credit institutions, foreign bank branches for customers” organized by the Vietnam Banks Association (VNBA) on 7/7/2021. Speaking at the opening of the seminar, Mr. Nguyen Quoc Hung, General…
Foreign investors and trading representatives of foreign investors in Vietnam must ensure that investment transactions on the Vietnamese stock market and transactions that are performed by related persons/groups of related foreign investors are not intended to create fake supply and demand, manipulate securities prices, and other prohibited trading acts as prescribed by law. Recently, the…
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…