The development potential of investment capital inflows in tourism and resort real estate in Vietnam

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According to experts, tourism and resort real estate are the segments that many investors are interested in because of the potential for development and sustainable profitability. Especially when our country is gradually recovering from the COVID-19 pandemic, people tend to look to tourist or ecological areas. The areas with fresh air, which is good for…

Amend and supplement the law to attract foreign investment in the field of oil and gas in Vietnam

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In the context of the world economy and politics greatly affecting oil and gas activities, the Draft Law on Petroleum (amended) has reduced, supplemented, and inherited some basic contents. The amendment law creates favorable conditions for foreign enterprises to invest in the field of oil and gas in Vietnam. Amend the law to improve the…

Cleaning up legislation for NFT success in Vietnam

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(ASL LAW’s article published in the Vietnam Investment Review). Traditional games are becoming more advanced through blockchain and non-fungible tokens. However, there are still many barriers that make the technology difficult to develop and greatly affect investment prospects. Accordingly, we need to clean up legislation to be able to develop these new technologies and create…

What do businesses think about the decision to increase the regional minimum wage in Vietnam?

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There has been a recent agreement by the National Wage Council to increase the minimum wage by 6% from July 1, or 180,000-260,000 VND more according to the current regional minimum wage. This proposal will be reported to the Prime Minister for consideration and promulgation. However, although the employees will be happy to hear the…

Is an annual salary increase for employees mandatory in Vietnam?

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Salary is a highly sensitive topic in the market in Vietnam. In the working life, many employees are tired of the scenario of working for the same companies for years but don’t have a raise in salary. They thought that they have been loyal to the company, contributing their youth to the company but don’t…

The Philippines concludes the investigation of applying safeguard measures against low-density plastic (LLDPE)

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Recently, on April 21, 2022, the Department of Trade and Industry Philippines concluded the investigation of applying safeguard measures against low-density plastic (LLDPE). The HS code of the case is 3901.10.12; 3901.10.92; 3901.40.00; 3901.90.90. After a thorough investigation, the Philippines has come to the conclusion that there has been no increase in imports of the…

The United States announced the extension of the time to issue the final conclusion of the anti-dumping and anti-subsidy duty evasion investigation on hardwood plywood from Vietnam

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The US Department of Commerce (DOC) has announced the delay of the deadline for announcing a final conclusion in the anti-dumping and anti-subsidy duty evasion investigation on hardwood plywood from Vietnam. Specifically, the expected deadline for issuing the DOC’s final conclusion on April 20, 2022, will be extended to October 17, 2022. This is the…

The Ministry of Industry and Trade proposes new regulations on management of multi-level marketing activities in Vietnam

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Important considerations on the unilateral termination of a labor contract in Vietnam

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