Vietnam: Treatment of trading counter-parties with similar circumstances in different ways

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Article 19 of the IP Guidelines explain how businesses with a dominating market position can impose differing licensing restrictions on transaction counterparties with virtually equivalent conditions without justifiable reasons, resulting in discriminatory treatment. It also describes how to examine this behavior, including the conditions of the transaction counterparties, the licensing agreement’s provisions, and the discriminatory treatment.

Reducing a series of taxes, fees, and interest rates for businesses suffering from Covid-19

Reducing a series of taxes fees and interest rates for businesses suffering from Covid-19, Reducing a series of taxes fees and interest rates for businesses, Reducing a series of taxes fees for businesses, Assist businesses under crisis by reducing taxes fees and interest, Assist businesses under crisis by reducing taxes

Due to the heavy impacts from the Covid-19, the Vietnamese Government is doing its best to give out support for businesses suffering from this pandemic. Specifically, the Ministry of Finance is shortening the procedure for approving a tax and fee support package of about 20,000 billion VND. Furthermore, the banks also committed to reducing interest…

Vietnam: Tighten the situation of selling “two-price” houses

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Recently, the “land fever” has re-emerged, causing the sale and transfer of the real estate to increase. However, in society, there has been a situation where the selling of a house contains 2 different prices. This phenomenon, caused by the buyers and the sellers, aims to avoid or reduce the taxes that they have to…

Vietnam Land Law: Circular 09/2021/TT-BTNMT changes in Land Law

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The Vietnam Ministry of Natural Resources and Environment has promulgated the Circular 09/2021/TTBTNMT that changes and amends several guidance to the Vietnam Land Law. This Circular was promulgated in 06/30/2021 and will be in force starting from 09/01/2021. About the required documents New articles in the Circular 09/2021/TT-BTNMT will not require citizens to file the…

Legal500: Interview with Pham Duy Khuong, Founder and Managing Director of ASL LAW

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Founder and Managing Director Pham Duy Khuong explains how leading Vietnamese firm ASL LAW is adapting to clients’ changing needs.

Vietnam: PPP law builds on transparency and proper process

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(Vietnam) Projects in the form of public-private partnerships (PPP) are implemented in the form of investment on the basis of contracts between state agencies and financiers to implement, manage, and operate infrastructure projects and provide public services.

Proposal to reduce tax by 50% for all business households and business individuals in Vietnam

Proposal to reduce tax by 50% for all business households and business individuals in Vietnam, Proposal to reduce tax by 50% for all business households and business individuals, Proposal to reduce tax by 50% for all business households, The need to reduce tax during the Covid-19 crisis in Vietnam, An enormous package of relief to help businesses during the Covid-19 crisis

The new support package that the Vietnam Ministry of Finance is developing is expected to reduce 50% of the payable tax amount arising from production and business activities in the third and fourth quarters of 2021 for all business households and business individuals in Vietnam. The recent complicated developments of the Covid-19 epidemic, especially in…

Vietnam: new policies will strongly affect the real estate market

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This is the revelation of the Ministry of Construction at Real Estate Forum 2021: New driving force for the real estate market, organized by the Vietnam Chamber of Commerce and Industry and the Vietnam Business Forum on the afternoon of July 16. There will be many new policies affecting the real estate industry Construction real…

Vietnam: Ministry proposes raising duties on steel exports, reducing tariffs on imports

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Because the rise in steel prices has harmed numerous public-sector projects, the Ministry of Finance has proposed increasing tariffs on steel exports while lowering tariffs on steel imports. The Ministry of Finance said in a draft decree amending Decree 57 on preferential import-export tariffs that the significant rise in local steel prices was primarily attributable…

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