State monopoly bill deemed “regressive”

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Báo Đầu Tư English 1 week(s) ago

The Ministry of Industry and Trade’s new draft decree on goods, services, and localities subject to state monopolies has received barracking from local and international experts.

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Signed invoices are trade hitch

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Báo Đầu Tư English 1 month(s) ago

To ensure a smooth transition into its free-trade era, Vietnam has been adjusting its internal practices to fit those of the global economy. The outdated requirement for signed invoices on imported goods, as law firm LNT & Partners associate Nguyen Thi Chau Thanh explains, is one more significant stumbling block.

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Regulations on virtual money due by the end of 2017

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Báo Đầu Tư English 1 month(s) ago 1 related news

Prime Minister Nguyen Xuan Phuc has assigned the Ministry of Justice in collaboration with the Ministry of Industry and Trade (MoIT), the State Bank of Vietnam (SBV), and a number of related ministries and agencies to make a draft decree on virtual money (expected to be completed in December 2017) and a draft decree on virtual property (completed in March 2018).

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Inbound cross-border M&A flows to slow down in 2017

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Báo Đầu Tư English 1 month(s) ago

Vietnam is unlikely to see last year’s amount of inbound cross-border M&A activity in 2017 due to global geopolitical uncertainties, according to a recently released forecast by global law firm Baker McKenzie.

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Don’t kill the goose that lays the golden eggs

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Báo Đầu Tư English 1 month(s) ago

As Vietnam’s tourism is strongly developing, with a rise in tax revenue. However, are foreign online hotel booking services subject to tax in Vietnam? Fred Burke and Nguyen Thanh Vinh from law firm Baker & McKenzie delves into this issue.

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Vietnam cbank wants to forbid foreigners from opening savings accounts in local currency

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Báo Tuổi Trẻ English 5 month(s) ago

The Vietnamese central bank is looking to ban foreigners from opening savings accounts in VND, after the foreign citizens were prohibited from depositing in foreign currency pursuant to a government decree issued two years ago.

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British PM to trigger EU pull-out 'without parliament vote': Report

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Báo Đầu Tư English 6 month(s) ago

British PM to trigger EU pull-out 'without parliament vote': Report

LONDON: Prime Minister Theresa May wants to trigger Britain's withdrawal from the European Union without a vote in parliament, a report said on Saturday (Aug 27).

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Taiwan to toughen anti-money laundering law after US fine

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Báo Đầu Tư English 6 month(s) ago

Taiwan to toughen anti-money laundering law after US fine

TAIPEI: Taiwan moved Thursday (Aug 25) to toughen its anti-money laundering law after US authorities fined a local bank linked to the so-called Panama Papers scandal.

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Accounting standards miss mark

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VietStock FI English 7 month(s) ago

The first-ever study to measure compliance with Cambodia’s new Law on Accounting and Auditing found few companies willing to talk about their accounting practices, and a low rate of compliance among those that did.

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More clarity needed for future M&A

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Báo Đầu Tư English 7 month(s) ago

More clarity needed for future M&A

The Vietnamese M&A market has experienced an upward trend, with an increasing number of valuable transactions being completed. Robert Fish, Partner and Ngoc Anh Tran, Senior Associate from Allens law firm, shared insights on M&A activities and challenges in Vietnam.

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Ministry accused of going light on incompetent firm

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Báo Dân Trí English 8 month(s) ago

Ministry accused of going light on incompetent firm

Lawyers have complained about the Ministry of Public Security’s decision not to prosecute the company that constructed the substandard Da River water pipeline.

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New Zealand tightens trust laws after Panama Papers

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SaiGon GP English 8 month(s) ago

New Zealand announced on Wednesday it was tightening rules surrounding foreign trusts after numerous documents in the Panama Papers leak referenced the South Pacific nation.

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Vietnam invokes WTO safeguards on steel imports

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Báo Dân Trí English 8 month(s) ago

Vietnam invokes WTO safeguards on steel imports

Import surges of colour-coated iron sheets from China and the Republic of Korea (RoK) have resulted in the Ministry of Industry and Trade (MoIT) initiating the process of invoking emergency safeguards.

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Brazil police launch probe into Panama's FPB Bank

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Báo Thanh Niên English 8 month(s) ago

Brazilian police seized documents and questioned suspects on Thursday to investigate Panama's FPB Bank which allegedly worked with the "Panama Papers" law firm to spirit money out of Brazil connected to corruption at state-run companies.

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British PM frontrunner vows to limit immigration

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SaiGon GP English 8 month(s) ago 1 duplicate news 1 related news

British PM frontrunner vows to limit immigration

The favourite to become Britain’s next prime minister on Sunday vowed to push for an EU trade deal that limits immigration, as a law firm warned Brexit needed parliament’s backing to begin, sources from London/AFP/VNS said on July 4.

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