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  • Local businesses advised to capitalize on FTAs 12/11/2018 11:17

    Despite its involvement in in numerous Free Trade Agreements (FTAs) and new-generation FTAs, Vietnam has yet to take full advantage of incentivesand opportunities it receives from its participation in FTAs.

  • Farm produce needs improved quality to unlock EU market 23/08/2018 11:46

    Vietnam is one of the important suppliers of farm produce to the EU, ranking 12th among all exporting nations and meeting 2.2% of the demand, above Thailand, New Zealand, Malaysia and Canada. However, the EU has paid due attention to food value, quality, safety and hygiene and has issued stringent regulations on antibiotics, pesticides and tracing product origin.

  • US-China trade war evolves into battle for power 10/08/2018 11:18

    Last week, international media reported that the Trump administration was considering slapping a 25 per cent tariff on US$200 billion of imported Chinese goods, 10 per cent higher than its initial proposal, in a bid to pressure Beijing to make trade concessions.

  • Concerns about Multiple Sublicenses from National Competition Committee Model 17/05/2018 13:46

    The National Competition Committee should be an independent governmental body rather than a ministerial affiliate, said at a Consultative Workshop on Revised Law on Competition, raising concerns about the birth of multiple sublicenses, monopolistic behaviours and power abuse in the public service. 

  • Forgiving tax debts must be done transparently 06/04/2018 14:08

    Tax losses caused by enterprises that have received contracts to be paid from the State budget, but haven’t yet paid their taxes, are also under consideration for tax clearance. The amount of tax arrears is estimated at over VNĐ542 billion (roughly $24 million).

  • Tough odds for VN market upgrade 19/03/2018 09:43

    Việt Nam’s securities market has a 25 per cent chance of being upgraded to the “emerging market” status from its current “frontier market” level by 2021, according to Võ Trí Thành, senior economist at the Central Institute for Economic Management (CIEM) cum VIAC arbitrator.

  • Mine declines: Good news for sustainability 07/03/2018 10:54

    Statistics from the General Statistics Office of Việt Nam (GSO) showed that the mining industry has posted a record slump since 2011, with the growth rate dropping by 7.1 per cent in 2017 and 4 per cent in 2016. This could be a small disappointment amid lots of bright spots in the country’s wider socio-economic picture last year. But this could also lead to an alarming conclusion – the mining industry will be unable to return to growth, and so the growth pattern must be transformed. 

  • Insurance books should not be used as collateral 06/03/2018 17:09

    Lawmakers, lawyers and leaders from Vietnam Social Security (VSS), a State agency in charge of the country’s social insurance programme, have all advised against the practice of using social insurance books as collateral by banks, credit institutions and small loan businesses at a conference last week on the subject.  

  • Five Vietnamese think tanks have been ranked in the top 100 06/03/2018 17:07

    The five think tanks are Việt Nam’s Institute of World Economics and Politics (30th), the Diplomatic Academy of Việt Nam (40th), the Việt Nam Institute of Economics (42nd), the Việt Nam Institute for Economic and Policy Research (VEPR - 56th), and the Việt Nam’s Institute for American Studies (97th).

  • Gap widens in deposit interest rates 01/03/2018 16:46

    A gap has opened up between deposit interest rates offered by different categories of banks due to differences in their liquidity, cash demand and status. Small- and medium-sized banks have hiked their interest rates.

  • VIAC Arbitrator attends the 68th session of Working Group II, UNCITRAL 01/03/2018 16:03

    From 3-9 February, 2018, at the United Nations Headquarters, New York, PhD., Lawyer Le Dinh Vinh - Director of Vietthink Law Firm cum VIAC Arbitrator has attended the 68th session of Working Group II of the United Nations Commission on International Trade Law (UNCITRAL). The session aims at discussing the Draft Convention of the United Nations on Enforcement of International Commercial Settlement Agreements Resulting from Mediation.

  • An urgent strategy needed for Vietnamese enterprises to grow 26/02/2018 10:14

    2017 has been described as a successful year for our national economy. In your opinion, what are the key factors that will serve as engines for the country’s economic development in 2018. In 2017, our national economy scored many notable achievements – becoming a pace setter for a promising economy in 2018.

  • 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. 

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