Enterprises are proposing that instead of requiring an electricity operating license to receive a tax refund, energy projects will be refunded VAT as soon as they have signed electricity sale contracts. The Energy Association has just sent a document calling for help to the Prime Minister about the fact that many businesses investing in the…
Protecting intellectual property rights is a very important key when operating abroad. OECD research shows that SMEs with intellectual property rights generate 68% more revenue per employee than SMEs that do not own any intellectual property. Southeast Asia is a promising destination for the European Union’s (EU) small and medium-sized enterprises (SMEs), thanks to open-door…
Real estate in Vietnam is one of the fields that many foreign investors are interested in. However, this activity is being restricted by many current laws. There are two business activities that foreign investors are not allowed to do while domestic investors are still able to do so. First, foreign investors are not allowed to…
(Published on Vietnam Investment Review). In recent years, Vietnam has been actively improving investment policies as well as enhancing the legal framework for mergers and acquisitions (M&A) activities. The following article shall point out keys to M&A attraction in Vietnam. Besides, it is also one of the countries that have been able to control the COVID-19…
If enterprises do not follow the principle of late payment penalty, the enterprises will abuse the value-added tax refund (VAT) until being forced to re-pay. Recently, the Vietnam Association of Seafood Exporters and Producers (VASEP) reflected that enterprises exporting seafood products are entitled to VAT refund. However, after a while, because for some reason, the…
The seminar “Law and practice of merger and acquisition transaction in Vietnam” was organized by the Center for Commercial Arbitration of Vietnam Lawyers in collaboration with the Ho Chi Minh City Commercial Arbitration Association and the International Women’s Leadership Network with the participation of lawyers, law researchers in Ho Chi Minh City and other Businessman…
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…
In recent years, Vietnam has been actively improving investment policies as well as enhancing the legal framework for M&A activities. Besides, Vietnam is also one of the countries that have been able to control the Covid-19 epidemic, which create a safer environment for foreign investors. From there, this contributes to promoting foreign investors to Vietnam…
In the first 4 months of 2021, the total foreign investment capital into Vietnam reached 12.25 billion USD. (99.3% compared to the same period in 2020) Data from the Foreign Investment Agency, as of April 20, 2021, the total newly registered capital, adjusted and contributed capital to buy shares of foreign investors reached 12.25 billion…
Currently, 80% of the market share of logistics is in the hands of foreign enterprises. If Vietnamese companies do not apply digital transformation soon, the risk of losing the rest will be lost. This warning shot was given at the conference on developing the logistics market for Vietnamese businesses, on April 20. According to Agility’s…