The worker’s right to strike in the Vietnamese Labor Code reflects progress and fairness in labor relations in the market, the most fundamental factor contributing to material wealth for the economy. Organizing strikes is not only a means to protect the interests of workers but also a mechanism to regulate labor relations, creating conditions for…
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Navigating M&A in Vietnam: Compliance with New Regulations on Personal Data Protection, IP Law, and Global Minimum Tax
At the GC Summit 2024 event, held in collaboration with Legal500, ASL LAW emphasized the important factors in conducting M&A activities in Vietnam, specifically regarding regulations on personal data protection, intellectual property law, and requirements for global minimum tax. THE FULL PRESENTATION SLIDE CAN BE DOWNLOAD HERE. Businesses engaging in M&A transactions in Vietnam need…
In the context of Vietnam’s deepening integration into the global economy with diverse and complex legal regulations, corresponding to each territory and international general regulations, Vietnamese manufacturing and exporting enterprises must equip themselves with skills and measures to prevent risks. The Deputy Director of the Import-Export Department of the Ministry of Industry and Trade emphasized…
In Vietnam, the process of establishing economic organizations by foreign investors is governed by specific regulations outlined in Decree No. 31/2021/NĐ-CP. These regulations provide a structured framework for foreign investors looking to initiate business ventures within the country. Understanding these procedures is essential for ensuring compliance and facilitating smooth operations. 1. Overview of Establishment Procedures:…
In the publication of Vietnam’s Top 100 Lawyers 2023, also known as the Asia Business Law Journal’s A-list of Top 100 Lawyers in Vietnam for 2023, Lawyer Pham Duy Khuong – Managing Partner of ASL LAW is ranked as one of the top 100 lawyers in Vietnam operating in the fields of Corporate & Commercial,…
In the path of economic and industrial development, managing and regulating various types of technology has become an integral part of national policies. In Vietnam, encouraging, restricting, and prohibiting the transfer of certain technologies is not only an issue concerning economic development but also intimately related to national security and environmental protection. However, the diversity…
Technology transfer activities in Vietnam are increasingly becoming an indispensable part of the country’s socio-economic development process. This not only brings strong development opportunities for enterprises but also contributes to enhancing the comprehensive competitive capacity of the nation in the context of deepening international integration. However, in this process, understanding the rights and obligations of…
In the context of increasingly globalized development, technology transfer has become an integral part of business activities, particularly for developing countries like Vietnam. Technology transfer contracts not only provide local enterprises with opportunities to access and apply advanced technologies but also serve as crucial mechanisms to enhance cooperation and economic development. However, the establishment and…
On January 18, 2024, the Ministry of Finance issued Decision No. 124/QĐ-BTC on the Legal Support Plan for Small and Medium-sized Enterprises (SMEs) in 2024. The main forms and focus areas of the Ministry of Finance’s Legal Support Plan for SMEs in 2024 include: ASL Law is a leading full-service and independent Vietnamese law firm…
In Vietnam, promotions are considered an effective sales and marketing tool to attract consumers. However, unlike many other countries, promotions in Vietnam are currently being excessively used, leading to situations of product underpricing for competitive advantage or the use of misleading promotional tactics, causing harm to consumers and the reputation of other businesses in the…
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