In the year-end summary, Vietnam Television (VTV) pointed out that 2023 was the “year of fake-authentic, authentic-fake” with the development of artificial intelligence (AI). Merriam-Webster, the most trusted dictionary in the United States, chose the word “Authentic” as the keyword for 2023. This phrase accurately reflected the global social situation in 2023 with significant technological…
In the context of economic development and increasing urbanization, land management has become one of the major challenges for many countries, including Vietnam. Mastering the legal provisions related to land use rights is not only essential when participating in the real estate market but also a crucial condition for protecting one’s interests. This article provides…
In the increasingly complex landscape of the labor market and economic fluctuations, the supplementation of regulations to accurately determine the duration of unemployment benefits in the Gregorian calendar month in Vietnam has become an important and noteworthy issue. With the aim of optimizing the social security system, enhancing labor rights, and ensuring transparency and fairness…
In 2024, it is anticipated that there will be four Decrees and Circulars guiding the implementation of the Real Estate Business Law in Vietnam. On January 8, 2024, the Prime Minister of Vietnam issued Decision No. 19/QĐ-TTg regarding the issuance of a List and the assignment of responsible agencies to draft detailed regulations for the…
On December 29, 2023, the Minister of the Ministry of Labor, Invalids and Social Affairs issued Circular 15/2023/TT-BLĐTBXH amending and supplementing certain provisions of Circular 28/2015/TT-BLĐTBXH guiding the implementation of Article 52 of the 2013 Labor Code and some provisions of Decree 28/2015/NĐ-CP detailing the implementation of certain provisions of the 2013 Labor Code regarding…
On December 28, 2023, the Government issued Decree 94/2023/NĐ-CP, outlining the value-added tax reduction policy in accordance with Resolution 110/2023/QH15. Subjects of Value-Added Tax Reduction Specifically, Article 1 of Decree 94/2023/NĐ-CP specifies that the value-added tax reduction will be applied to groups of goods and services subject to a tax rate of 10%, excluding the…
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)…
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…
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…
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…