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  • Burning question: Uber and Grab’s legal status 04/01/2018 09:45

    Emboldened by the ECJ's decision, Vietnamese lawyers call to re-label Uber and Grab Europe's top court ruled that Uber should be regulated as a transportation company and not a tech firm, forcing it to comply with national regulations that it has previously been able to ignore. The decision came only a day after the company was accused at a London court of becoming a menace to public safety by forcing its drivers to work exhausting hours.

  • Experts warn Vietnamese investors of bitcoin bubble 26/12/2017 08:50

    Investors of bitcoin in particular and cryptocurrencies in general should be aware of the possible risks involved in addition to rapidly increasing profits, experts have warned.

  • Vietnam – Real Estate Sector – Current Issues and Solutions for Investment and Outlook on Major Trade Deals TPP 11 and EUVNFTA 20/12/2017 09:35

    The provisions of the mentioned regulations have brought more investment in the real estate market to Vietnam. They have reduced barriers for investment and widened accessibility to properties in Vietnam.

  • HCM City’s new policies to boost competitiveness 19/12/2017 16:51

    Under the resolution, HCM City will be able to strengthen resources and create new driving forces for development. The special policy devolves power to the city to make decisions on issues that are now made by the Prime Minister, including land administration; investment; finance/budget; delegation of power to lower levels of administration; and salaries of officials, public employees and civil servants. 

  • Policy changes pose obstacles for foreign investors 14/12/2017 14:49

    Although foreign direct investment (FDI) has played an important role in boosting Việt Nam’s economic growth, recent changes in policies and regulations, which are not consistent with international best practices, have exposed many foreign investors to considerable risks and obstacles in executing their investments.

  • Should Foreign Pharma in Vietnam Start Incorporation? 14/12/2017 10:39

    Under previous laws, foreign pharma representative offices (“ROs”) in Vietnam were allowed to employ medical representatives. Presently, Article 76.6(b) of the Law Pharmacy No. 105/2016/QH13 (“2016 Pharma Law”) disallows ROs from employing medical representatives and unless the government reverses the situation, this rule will to stand. 

  • Enterprises have to create barriers protect IPRs by themselves 12/12/2017 14:37

    For the IP registration of businesses, Mr. Tran Manh Hung, IP expert, VIAC arbitrator, and lawyer of Baker & Mckenzie Company in Vietnam, said that registration of procedures to establish the trademark with simple procedures, low cost but have not yet been paid attention by enterprises, especially for start-up businesses. This was the difference between domestic enterprises and foreign enterprises to start investing in Vietnam.

  • APEC Vietnam 2017 30/11/2017 16:58

    “Asia – Pacific economic cooperation (APEC) plays a meaningful role in the Pacific’s joint economic development. APEC, currently having 24 members, represents nearly 40% of the world’s population, 57% of the world’s gross domestic product (GDP) amd 50% of world trade. APEC Vietnam 2017 positively influences Vietnam’s production efficiency, business activities and investors with the level of influences defending on the host Vietnam’s ability. At least up to now, that ability is highly apreciated by APEC and it, when realized, will make the influence more clear.”

  • Government advised to re-define public debt 25/10/2017 09:57

    The World Bank and the International Monetary Fund define public debt as debt liabilities of the public sector including the central government, local administrations, central banks, organisations guaranteed by the State, State enterprises and funds that the Government has committed to pay such as pensions and insurance.

  • Little State capital sold in SOE equitization 18/10/2017 15:26

    The equitization of State-owned enterprises (SOEs) has progressed well since 2011 thanks to various ministries and sectors, economic groups, and localities getting onboard, but within the 96.5 per cent of enterprises that have been equitized, only 8 per cent of State capital was transferred to the private sector.

  • “Vietnam has wisely not put all of its eggs in TPP basket” 18/10/2017 15:22

    In framework of Midterm Vietnam Business Forum, 2017 (VBF), numerous think-tanks as well as faces from business organization, companies… contribute ideas for improving Vietnam economy, in climate of international challenges.

  • Billions of VND almost lost for fake Bill of Lading 25/09/2017 13:51

    At the end of  2016, a Vietnamese company (“CTV”) bought 4,000 tonnes of heavy steel scrap of melting, CFR Saigon Port, Incoterms 2010, payment by L/C at sight. The cargo was loaded onto a ship at Kobe port (Japan). Although the bank confirmed all documents were compliant on the surface, after investigation, lots of problems have been discovered.

  • Vietnam seeks to put cryptocurrency under control 30/08/2017 14:30

    The Prime Minister has approved the formulation of a legal framework to manage cryptocurrencies and digital assets. Ministries and relevant agencies are tasked with completing the drafting of laws and regulations over the next three years.

  • Vietnamese Goverment encourages excessive business rules 10/08/2017 10:32

    Prime Minister Nguyen Xuan Phuc has demanded that all corresponding government departments, agencies and institutions to adjust policies as part of an “action-minded” government, to unburden Vietnamese firms of unnecessary business regulations, namely redundant business permits and categorisation.

  • Vietnamese centre hosts first case under UNCITRAL rules 02/08/2017 15:09

    The VIAC has handled its first ad hoc international commercial arbitration under the UNCITRAL rules – a case over architecture design services that raised issues regarding the appointment of a sole arbitrator

  • Arbitration court gains investor trust 27/07/2017 15:48

    The increasingly important role an arbitration court plays in facilitating trade and investment was highlighted at a seminar jointly held by Vietnamese and South Korean legal entities in Hà Nội on Thursday.

  • Vietnam to apply more trade remedies to protect production 04/05/2017 09:05

    The Ministry of Industry and Trade (MOET) has decided to impose anti-dumping duties of 3.17 to 38.34 percent on some galvanized steel imports from South Korea and China. The ministry has also decided to apply temporary anti-dumping duties on H-shaped steel imports from China under a supplement import tax of 21.18 to 36.33 percent.

  • Public awareness key to littering law success 14/03/2017 08:51

    Around 8am last Saturday, my son and I were taking a break on the banks of Ho Tay (West Lake) after riding around it on our bicycles. The sun was shining and we were enjoying the moment when it was rudely disrupted by a young couple.

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