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Regarding e-commerce activities like Google, Facebook, YouTube, etc. which generate incomes, the Tax Department of Ho Chi Minh City proposed the Government stipulate that these organizations must fulfill tax obligations in Vietnam. The tax responsibilities may include assisting in providing information of organizations and individuals in Vietnam that have business activities and earn income from…
17
Jun
Jun
Currently, due to the complication of the Covid-19 epidemic, the domestic capital mobilization is becoming more and more difficult for Vietnamese enterprises. In addition, borrowing money from credit institutions in Vietnam remains the high interest rates and lending standards. Thus, borrowing bonds to foreign markets, especially healthy markets such as Singapore, is becoming an effective…
16
Jun
Jun
The Ministry of Planning and Investment is collecting comments from the people on a draft Decree to replace Decree No. 82/2018/ND-CP of the Government regulating the management of industrial parks and economic zones. By the end of April 2021, there are 575 industrial parks nationwide in the master plan on development of industrial parks in…
09
Jun
Jun
Nominee Shareholder service in Vietnam is one of the key services which ASL LAW provides to investors/enterprises doing business in Vietnam. Why using Nominee Shareholder service in Vietnam of the ASL LAW? As the full service law firm in Vietnam recommended by the different reputable legal ranking organizations, ASL LAW provides corporate services in Vietnam for…
06
Jun
Jun
Currently, Vietnam is in the process to join the international market and affirms its position with the neighboring countries. Therefore, it is crucial for Vietnam to have a thriving business habitat which is the backbone of the whole economy. Accordingly, the proposals for tighter trademark protection and opening up opportunities for new types of trademarks…
04
Jun
Jun
(Published on Vietnam Investment Review). Fines for foreign-invested enterprises (FIE) for failing to pay social insurance premiums have been specified in Decree No.28/2020/ND-CP released in March 2020 on providing penalties for admin violations in the fields of labor, social insurance, and overseas manpower supply under contract. Decree 28 details that in the case of failing…
01
Jun
Jun
Currently, due to the extremely complicated epidemic situation, airlines in Vietnam may face many difficulties in terms of financial situation which leads to the termination of labour contract in aviation field. Under this circumstance, high-qualified aviation persons, such as First Officers and Captains, have not received a salary on the contract but received the salary…
01
Jun
Jun
Currently, letter of credit (L/C) is an increasingly popular payment method in international commercial transactions because of the safety and prestige through the bank’s commitment to pay the seller. If the seller provides the full set of documents specified under the L/C and the buyer is also guaranteed by the bank that the goods will…
30
May
May
“Can you patent the sun?” This is the famous expression made by Dr. Jonas Edward Salk – an American virologist more than 60 years ago. The saying is becoming more and more profound today, especially in the context of the raging Covid-19 epidemic and the fact that Covid-19 vaccines could not be mass-produced due to…
23
May
May
There are so many similarities between the 2 agreements that the UK-Vietnam Free Trade Agreement (UKVFTA) might as well be called a direct copy of the EU-Vietnam Free Trade Agreement (EVFTA). UKVFTA – EVFTA: What’s the difference and similarities? In 14 areas of UKVFTA, the United Kingdom allows Vietnam to export at a 0% tax…
