Increasing basic and minimum wages in Vietnam from July 2024

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Starting from July 2024, Vietnam will implement a series of important wage policy reforms aimed at improving the livelihoods of workers and pensioners. According to a resolution passed by the National Assembly, the basic and minimum wages will be increased, bringing significant changes for millions of people. Increasing Basic Wage from VND 1.8 Million to…

Main Issues of the Revised Vietnam Land Law 2025

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At the 5th Extraordinary Session of the 15th National Assembly, Vietnam’s National Assembly demonstrated a strong commitment to legislative reform by discussing and approving the amended Vietnam Land Law. This article explores the main issues addressed in the revised Land Law, highlighting the key changes and their implications. New Points of the Amended Vietnam Land…

Enforcement of Foreign Arbitral Awards in Vietnam

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On June 25, 2024, ASL LAW, in collaboration with the Singaporean law firm WongPartnership LLP (one of the Big 4 law firms in Singapore), organized the seminar “Experiences in Resolving Disputes Through International Arbitration in Singapore and Enforcing Arbitral Awards in Vietnam.” Following the presentation by WongPartnership’s representative, Mr. Vu Tuan Anh from ASL LAW…

5 Main Reasons Leading to Non-Recognition and Non-Enforcement of Foreign Arbitral Awards in Vietnam

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In the context of deepening international integration, resolving cross-border commercial disputes through international arbitration has become more common than ever. However, not all foreign arbitral awards are recognized and enforced in Vietnam. Non-recognition and non-enforcement of foreign awards not only affect the rights of the parties involved but also create complex legal and commercial barriers….

Experience Working in International Arbitration in Singapore with Vietnamese Parties

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On June 25, 2024, ASL LAW, in collaboration with WongPartnership LLP, one of Singapore’s Big 4 law firms, organized a seminar titled “Experience in Resolving Disputes through International Arbitration in Singapore and Enforcement of Arbitral Awards in Vietnam.” This event brought together leading legal experts and practitioners to discuss key aspects of international arbitration, with…

4 Important Notes for Vietnamese Businesses When Participating in Dispute Resolution at Singapore International Arbitration Centre (SIAC)

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On June 25, 2024, ASL LAW, in collaboration with Singaporean law firm WongPartnership LLP (one of the Big 4 law firms in Singapore), organized the workshop “Experience in Resolving Disputes through International Arbitration in Singapore and Enforcement of Arbitral Awards in Vietnam”. This event highlighted the intricacies of navigating international arbitration for Vietnamese businesses and…

Vietnam Issues Questionnaire for Domestic Producers and Importers in the Anti-Dumping Case on Coated Steel from China and South Korea

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On June 28, 2024, the Ministry of Industry and Trade of Vietnam issued Official Letter No. 495/PVTN-P2 regarding the issuance of the investigation questionnaire for domestic producers and importers in the anti-dumping investigation on coated steel from China and South Korea. On June 14, 2024, the Ministry of Industry and Trade of Vietnam issued Decision…

Foreign Investment in Vietnam Sees Significant Growth in the First Half of 2024

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According to the latest report from the Foreign Investment Agency (under the Ministry of Planning and Investment), as of June 20, 2024, Vietnam has seen a notable increase in foreign investment. The total newly registered capital, adjusted capital, and capital contribution through share purchases by foreign investors have reached nearly USD 15.2 billion, marking a…

Basics of Tax Declaration and Calculation Principles in Vietnam

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Vietnam’s tax system plays a crucial role in maintaining state budget revenue, supporting socio-economic development, and ensuring social equity. Mastering the principles of tax declaration and calculation is essential for both businesses and individuals to comply with legal regulations, avoid legal risks, and optimize financial obligations. In this article, we will explore the basic principles…

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