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Oct
On September 16, 2022, Vietnam published Decree 65/2022/ND-CP amending Decree 153/2020/ND-CP governing the offering and trading of privately placed corporate bonds in the domestic market, as well as the issuance of corporate bonds to the foreign market. The following are some of the highlights of Decree 65/2022/ND-CP: Changes to the purpose of bond issuing Bond issuance…
Sep
What is a warrant? What do investors need to know about warrants? Perhaps not everyone knows this term, especially those who have never invested in securities or are in the process of learning about securities. What is a warrant? Features of warrants in Vietnam A warrant is a type of security that gives the holder…
Jul
Client’s inquiry: We want to import rice from Vietnam to India. Could you guide us how to open trading company to import rice into Vietnam? ASL LAW’s ADVICE Dear Sir, First of all, ASL Law would like to send our regards and sincere thanks to you (hereinafter referred “Client”) for contacting our legal service. We…
Aug
Client’s inquiry: Could you advise us on taxes on cross-border service in Vietnam? Dear Ms. Ji, Regarding your inquiries on tax issues on cross-border services provided by ___ LLC (hereafter refer as Client) to a Vietnamese company, we would like to give you our advice on this issue as follows: The foreign contractor who has…
Jul
Investment in capital contribution, share purchase, and purchase of contributed capital is one of the investment forms in Vietnam by foreign investors. Specifically, what is the procedure for capital contribution by foreign investors? Forms of capital contribution by foreign investors Foreign investors satisfying the following regulations have the right to contribute capital, purchase shares, or…
Jul
One of the most popular forms of investment today is an investment in the form of a BCC contract. So what is a BCC contract according to the latest regulations? What is a BCC contract? Business Cooperation Contract hereinafter referred to as BCC contract. This is a contract signed between investors for business cooperation, profit…
Jul
According to Point a, Clause 1, Article 4 of the Ordinance on Foreign Exchange No. 28/2005/PL-UBTVQH dated December 13, 2005, of the National Assembly Standing Committee, a foreign currency is “the currency of another country or the common currency of the European Union.” Europe and other common currencies used in international and regional payments”. Clause…
Jul
(Published on Vietnam Investment Review) Blockchain technology is bringing a significant revolution and growth in various industries, including capital raising. Pham Duy Khuong, managing director at ASL Law, explains why Vietnam must soon develop a mechanism to regulate this new form of investment. The current wave of IDOs (initial DEX offerings) is sweeping the nation…
Jul
In the context of strict management of foreign loans, the State Bank of Vietnam wants to limit businesses’ short-term borrowing for the purpose of risking economic bubbles. The State Bank is collecting comments on a draft circular to replace Circular 12 with stricter foreign loan conditions in order to ensure the limit of enterprises’ self-borrowing and…
