Filter by year: 2023
December 20, 2023
Global Minimum Tax: Its Impact on Taxation Policy in Vietnam
The Global Minimum Tax (“GMT”) Resolution was approved by the Vietnamese National Assembly on 29 November 2023 and will enter into force on 1 January 2024. This article highlights some key provisions of the GMT Resolution as well as will focus on its impact on the reporting requirements in Vietnam. Global Minimum Tax The Global […]
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October 26, 2023
Multiple Large-scale Projects, Including Several BOT Initiatives Approved by HCMC People’s Council
On September 19, 2023, Ho Chi Minh City People’s Council held a direct thematic meeting to discuss important issues related to Resolution 98/2023/QH15 (“Resolution 98”) on pilot implementation of particular policies for the development of Ho Chi Minh City. Within the framework of the meeting, the authority has approved a list of various projects, including […]
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September 7, 2023
In focus series. Bilateral Trade Treaties. Vietnam – USA.
This article provides a re-cap of some key policy and protection provisions set out in one of the major bilateral treaties that have been concluded between Vietnam and the United States of America – Agreement “On Trade Relations” (2000). Why It is Important for Cross-border Business: When considering investment strategy, negotiating a commercial trade contract, […]
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July 26, 2023
Vietnam New Regulation from State Bank of Vietnam on Foreign Loans
Introduction The State Bank of Vietnam (“SBV”) has recently released long-awaited new version of the regulations on non-government guaranteed cross-border foreign loans. The new Circular No. 08/2023/TT-NHNN (“Circular 08/2023”) scheduled to take effect on 15th August 2023, will replace the previous Circular No. 12/2014/TT-NHNN (“Circular 12/2014”) and aims to further regulate the purpose and use […]
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May 31, 2023
New National Power Development Plan in Vietnam
Summary of key points: 1. Why Power Development Plan is important and which information you can find in it In Vietnam, the Power Development Plan is an official policy document that serves as a strategic roadmap outlining objectives, targets, and guidelines for the growth and advancement of the electricity sector within a specified timeframe. It […]
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March 30, 2023
Vietnam – Developments in Competition Law and Their Impact on M&A
On 10 February 2023 the Government of Vietnam issued Decree no. 03/2023/ND-CP (the “2023 VCC Decree”) regulating the functions, tasks, powers and organizational structure of the Vietnam Competition Commission (referred as “VCC”) which was previously mentioned in Law on Competition no. 23/2018/QH14 dated 12 June 2018 (the “Law on Competition”). Law on Competition came into […]
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Pham Tra Giang
Partner
Pham Ngoc Thuan
Director
Maxim Kobzev
Foreign Advisor
Edwin Vanderbruggen
Senior Partner
Jean Loi
Managing Partner
Nguyen Quoc Tuan
Partner
Le Thuy My
Partner
Le Thi Thanh Thuy
Senior Consultant