Prominent activities of ASL LAW at the IBA 2023 Conference

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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,…

ASL LAW continues to be the sponsor for the International Bar Association (IBA) Annual Conference 2023 in Paris

ASL LAW continues to be the main sponsor for the IBA Annual Conference 2023 in Paris, ASL LAW is the sponsor for the International Bar Association Annual Conference 2023 , International Bar Association Annual Conference 2023 , sponsors of IBA 2023 from Vietnam, official sponsor of the 2023 IBA Conference,

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…

Resolution of Disputes Related to Business Investment Activities in Vietnam

Resolution of Disputes Related to Business Investment Activities in Vietnam

According to Article 14, Clause 1, of the Investment Law 2020, disputes related to business investment activities in Vietnam are resolved through negotiation and mediation. In cases where negotiation and mediation are not successful, disputes are settled through arbitration or court proceedings as stipulated in Clauses 2, 3, and 4, Article 14, of the Investment…

ASL LAW lawyers speak on the topic of Green Environment: Businesses’ Responsibility to the Environment in Vietnam’s People Newspaper

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Organized in Ho Chi Minh City on October 31, 2023, and in Hanoi on November 3, 2023, ASL LAW participated in the seminar “Developing and Implementing Policies to Promote ‘Responsible Business Practices’: EU Experience & Practice in Vietnam/Participation of Businesses & Social Organizations.” On July 14, 2023, Vietnam Prime Minister issued the National Action Program…

Recognition and enforcement of SIAC awards in Vietnam: The case of Rang Dong Plastic Company vs. Sojitz Japan

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In the case of Rang Dong Plastic Company (RDP) vs. Sojitz Corporation of Japan, the Singapore International Arbitration Centre (SIAC) issued a ruling that required the Vietnamese company to compensate Sojitz for approximately VND 157 billion and pay VND 21 billion in costs and interest. Despite the SIAC’s decision, Rang Dong Holding (RDP) repeatedly ignored…

How do overseas Vietnamese invest in Vietnam?

How do overseas Vietnamese invest in Vietnam?

According to Article 21 of the Investment Law 2020, forms of investment in Vietnam, including investment in establishing economic organizations; investing capital, buying shares, capital contributions; implementing investment projects; investment in the form of BCC contracts and other documents of investment and new types of economic organizations according to the Government’s regulations. Individuals can choose…

Vietnam: Is it illegal to purchase or trade Bitcoin?

Vietnam: Is it illegal to purchase or trade Bitcoin?

With the present amount of investment in Bitcoin and its significant presence on virtual currency exchanges, is it illegal to purchase, trade, or use it? Currently, in the current legal documents of Vietnamese law, there is no specific regulation on what Bitcoin is. In reality, Bitcoin is a type of virtual currency. Virtual currency refers…

Which types of capital contributions or share purchases are permitted by foreign investors in Vietnam?

Which types of capital contributions or share purchases are permitted by foreign investors in Vietnam?

Article 24 of the Investment Law 2020 stipulates that investors have the right to contribute capital, buy shares, and purchase capital contributions from economic organizations. Accordingly, the activities of capital contribution, share purchase, and capital contribution purchase of economic organizations by foreign investors must fully satisfy the conditions listed below. According to the above regulations…

Regulations on Special investment incentives in Vietnam

Regulations on Special investment incentives in Vietnam

The Government has made a decision to implement special investment incentives and support policies in order to encourage the growth of a number of projects with substantial economic effect. The following projects will be given special investment incentives and support in accordance with the Investment Law 2020: Moreover, in accordance with Clause 3 of Article…

The Ministry of Industry and Trade of Vietnam collects people’s opinions on the draft Decree regulating offshore investment in petroleum activities

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Pursuant to the Law on Promulgation of Legal Documents in 2015, which was amended and supplemented in 2020, the Ministry of Industry and Trade of Vietnam has presided over and coordinated with relevant ministries and branches to develop a draft Decree regulating offshore investment in petroleum activities replacing Decree No. 124/2017/ND-CP dated November 15, 2017…

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