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When there have been a large number of negative public opinions from the people and businesses, employers and employees in Vietnam about the contents of the Draft Law on Vietnam Social Insurance, we also should take another look at the case from a different angle to explain why the State Management Agency, the Draft Drafting…
13
Apr
Apr
One of the main points in the draft amendments to the Law on Social Insurance by the Ministry of Labor, War Invalids and Social Affairs of Vietnam is the proposal to reduce the minimum number of years of paying social insurance premiums from 20 years to 15 years in order to allow employees to enjoy…
30
Mar
Mar
Are banks and credit institutions the same concept? In the following article, ASL LAW will introduce some basic differences in the definition between a bank and a credit institution in Vietnam. Definition Clauses 1 and 2, Article 4 of the Law on Credit Institutions 2017 No. 17/2017/QH14 amending and supplementing a number of articles of…
28
Mar
Mar
Recently, the Ministry of Industry and Trade of Vietnam has issued Decision No. 693/QD-BCT on extending the application of anti-circumvention measures to trade remedies for coil and wire steel products imported into Vietnam. On July 18, 2016, the Ministry of Industry and Trade issued Decision No. 2968/QD-BCT on the application of global safeguard measures to…
28
Mar
Mar
Pursuant to the provisions of Point c, Clause 1, Article 16 of Circular 37/2019/TT-BCT, the Vietnam Trade Remedies Authority has issued a notice of receipt of the application for exemption from trade remedies in March 2023. Cases applied within the scope of application for exemption from application of trade remedies include the investigation of application…
28
Mar
Mar
On March 20, 2023, the United States announced the sixth extension of the time to issue final conclusions on the investigation of circumvention of anti-dumping and anti-subsidy duties on plywood using hardwood materials imported from Vietnam. The anti-dumping and anti-subsidy duty circumvention investigation on plywood from Vietnam was initiated by the DOC on June 17,…
28
Mar
Mar
On March 21, 2023, the Ministry of Industry and Trade issued Decision No. 691/QD-BCT on extending the application of safeguard measures to long steel products imported into Vietnam. On July 18, 2016, the Ministry of Industry and Trade issued Decision No. 2968/QD-BCT on the application of global safeguard measures to billet and long steel products…
29
Mar
Mar
Recently, the Ministry of Labor, War Invalids and Social Affairs of Vietnam has proposed to change the basis for paying social insurance premiums in the draft revised Law on Social Insurance which is open for public comment. Accordingly, employers and employees may pay social insurance based on the actual fluctuation of salary each month, instead…
02
Apr
Apr
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…
02
Apr
Apr
Foreign exchange is a term used to refer to all payment methods used on the global market. More specifically, foreign exchange refers to an asset or property right that is convertible into a foreign currency and used by multiple countries as a payment method recognized and approved by the international community. Forex forms include: Foreign exchange market A…
