The UK officially joins CPTPP from 2024

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Despite being formally signed in 2023, the UK’s entry into the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) only officially takes effect from 2024, following the completion of domestic legal processes by the UK Parliament. Joining the CPTPP is considered the UK’s most significant trade agreement since its departure from the European Union (EU)…

Issuance of official regulations regarding the non-retention of unemployment insurance periods for workers beyond 12 months in Vietnam

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Prior to the recent improvement in regulations in the labor law in Vietnam concerning the retention period for unemployment benefits, there were instances where many workers, after completing more than 12 years of unemployment insurance contributions, were informed by insurance specialists that they could only receive a maximum of 12 months of unemployment benefits, and…

ASL LAW’s opinion on the upcoming change of minimum wage in Vietnam is displayed on Vietnam Investment Review

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Scheduled to take effect from July 2024, the new regional minimum wage salary increase is expected to support the lives of Vietnamese citizens who are at or near the current mininum wage. The Vietnam Investment Review (VIR) has written an article covering this subject with high-valued opinion from ASL LAW’s lawyer. Specifically:  “Burden balancing ahead…

Lawyer Khuong participated in a dialogue at VTV’s Forum on considerations when implementing investment projects in Vietnam

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During the second discussion session of the program “Business and Law: Disputes in investment project transfer contracts,” Lawyer Pham Duy Khuong shared insights into the necessary conditions for transferring investment projects and considerations when conducting transfers after meeting all the conditions. MC Mai Trang inquired: “Mr. Khuong, could you please elaborate on the general conditions…

Disputes in investment project transfer contracts in Vietnam

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In the “Business and Law” program on VTV (Vietnam Television), Lawyer Pham Duy Khuong, the CEO of ASL LAW, presented his in-depth perspective on disputes in investment project transfer contracts in Vietnam. Dispute Scenario In the program, MC Mai Trang discussed a dispute scenario involving the transfer of an investment project in Vietnam: In November…

Lawyer Pham Duy Khuong participates in the program Business and Law: Disputes in investment project transfer contracts – Key considerations for businesses

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Lawyer Pham Duy Khuong participates in the program Business and Law: Disputes in investment project transfer contracts – Key considerations for businesses on VTV as a guest and expert advisor, providing his professional perspective on issues that businesses need to consider when executing investment project transfer contracts. The program, under the coordination of MC Mai…

Vietnam M&A market: Overview of 2023 and predictions for 2024

Vietnam M&A market: Overview of 2023 and predictions for 2024

The M&A activities in 2023 are still not as exciting and dynamic as expected. However, with encouraging signals in M&A deals, particularly in the real estate and technology sectors in the latter half of 2023, along with policy changes aimed at attracting foreign investment, the Vietnamese M&A market is expected to recover and thrive in…

How 2024 is shaping up for M&As

How 2024 is shaping up for M&As

(Published on VIR’s website) With positive signals in real estate and technology-related merger and acquisition (M&A) deals in the latter part of 2023 and policy changes aimed at attracting foreign investments, the Vietnamese M&A market is expected to recover and thrive in 2024. Explaining more is ASL Law’s managing partner Pham Duy Khuong and senior…

Vietnam’s Foreign Direct Investment (FDI) Soars in 2023

Vietnam's Foreign Direct Investment (FDI) Soars in 2023

In the face of global economic uncertainties, the Vietnamese economy still maintains stability, attracting a remarkable $36.6 billion in foreign direct investment (FDI) in the year 2023. Despite the challenges posed by the global economic downturn, FDI experienced a robust 32.1% increase compared to the previous year, demonstrating the resilience of Vietnam’s economy. According to…

The United States issued questions on Quantity and Value in the initiation of an investigation examining the scope of products and the circumvention of trade remedy duties concerning aluminum wire and cable from Vietnam

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On October 19, 2023, the U.S. Department of Commerce (DOC) self-initiated an examination into the scope of products and circumvention behavior related to antidumping and countervailing duty measures applied to aluminum wire and cable (AWC) from China. The investigation covers AWC originating in China that undergoes further processing in Vietnam before being exported to the…

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