Regulations on Collective Labor Agreements in Vietnam

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Collective labor agreements are an essential legal tool that governs the rights and duties of employees and employers in the workplace. In Vietnam, these agreements not only serve as a mutual understanding between the parties but also act as a mechanism to protect the legal rights of employees while promoting fairness and transparency in labor…

Regulations on Wages Paid to Employees in Vietnam

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Wages are a critical factor in the labor relationship, reflecting the value of the employee’s work and serving as a basis to ensure their rights throughout the employment process. In Vietnam, labor law clearly defines the payment of wages to employees, from minimum wages to allowances and bonuses, in order to protect employees’ legitimate rights….

U.S. Extends Deadline for Anti-Dumping and Countervailing Duty Investigations

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On December 9, 2024, the U.S. Department of Commerce (DOC) issued a notice extending the deadline for administrative processing in anti-dumping and countervailing duty investigations. In fiscal year 2024 (from October 1, 2023, to September 30, 2024), the DOC received 117 new complaints from domestic industries requesting the initiation of anti-dumping and/or countervailing duty investigations,…

Wide M&A prospects for ASEAN players

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(Published on Vietnam Investment Review) Supported by an influx of capital from developed economies, Southeast Asia now stands as a strategic hub for international investors exploring growth opportunities. Despite this appeal, the market presents specific challenges that necessitate careful navigation. Nonetheless, the momentum in the Southeast Asian merger and acquisition (M&A) sector reflects a resilient…

Vietnam Issues Decree No. 132/2024/ND-CP on Offshore Investment in Oil and Gas Activities

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On October 15, 2024, the Vietnamese Government issued Decree No. 132/2024/ND-CP, prescribing regulations for offshore investments in oil and gas activities. This comprehensive decree provides a legal framework for investors seeking to engage in overseas oil and gas exploration, production, and related operations, ensuring alignment with both Vietnamese laws and the laws of host countries….

Vietnam Introduces Decree No. 147/2024: Transforming Internet Service Regulation

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On November 9, 2024, Vietnam’s government unveiled Decree No. 147/2024/ND-CP, marking a significant shift in the regulation of internet services. This groundbreaking regulation, set to take effect on December 25, 2024, replaces the decade-old Decree No. 72/2013/ND-CP and its subsequent amendments. With over 200 pages of provisions and an extensive appendix containing 62 forms, Decree…

Strengthening E-commerce Management in Vietnam

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Vietnam’s e-commerce sector has witnessed remarkable growth, becoming a cornerstone of modern business practices. Acknowledging the significant opportunities and challenges posed by this rapidly expanding industry, Prime Minister Pham Minh Chinh has directed relevant ministries and local authorities to tighten state management of e-commerce through official telegram 119/CD-TTg dated November 25. E-commerce: A Booming Sector…

Vietnam Extends 2% VAT Reduction Until June 2025

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The National Assembly of Vietnam recently approved an extension of the 2% reduction in value-added tax (VAT) to the end of June 2025. This measure, aimed at supporting economic recovery and development, ensures that goods and services subject to the standard 10% VAT rate will continue to enjoy a reduced rate of 2% during the…

Indonesia Initiates Anti-Dumping Investigation on Vietnamese Polypropylene Homopolymer Plastic

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Recently, the Indonesian Anti-Dumping Committee (KADI) initiated an anti-dumping investigation on certain polypropylene homopolymer plastic products (classified under HS code 3902.10.40) originating from Saudi Arabia, Malaysia, China, the Philippines, South Korea, Singapore, Thailand, and Vietnam. The imported polypropylene homopolymer products originating from Vietnam and the aforementioned countries have been alleged by the petitioner, PT Chandra…

Legal Factors in Vietnam to Consider Regarding M&A Prospects in the Logistics Sector

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According to a report by Cushman & Wakefield, Vietnam is emerging as the top destination for global investors in the logistics industry in the Asia-Pacific region. With the strong development of infrastructure and a stable business environment, Vietnam continues to attract significant investment, particularly in the logistics sector. As of September 30, 2024, foreign direct…

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