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Author: ngocmai

Global Vietnam Lawyers > Articles posted by ngocmai

Legal Alert |December 2020

Decree 145/2020/ND-CP ("Decree 145") dated December 14, 2020 has introduced many new regulations on working conditions and labour relationships that directly affect both enterprises and employees. What should enterprises and employees pay attention to when Decree 145 takes effect (from February 1, 2021)? GV Lawyers' Legal Update newsletter will help businesses and employees answer the said question. The internal labour regulations must have regulations on prevention and combat of sexual harassment at the workplace Enterprises must report the labour change situation before 05 June and 05 December every year; An employee doing a particular job and wanting to quit must...

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Legal Newsletter Issue No.12| December 2020

Dear Valued Clients and Partners, GV Lawyers would like to introduce our Legal Newsletter Issue No. 12, November 2020 – the last isue of 2020 with the following main contents: In the “Notable News” section, we will keep you updated about some notable novelties of the Law on Vietnamese guest workers under contract; novelties on the retirement age pursuant to Decree 135/2020/ND-CP; regulations on prudential criteria for securities trading institutions that fail to meet such criteria; novelties on the list of Vietnamese occupations used in the statistical work on Vietnamese employees and as a basis for their management by the occupation; and...

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Managing Partner of GV Lawyers – Lawyer Nguyen Gia Huy Chuong is honored to become the Vice President of Young Businesspeople Association – HCMC-YBA, term XI (2020 – 2023)

In the most recent sharing with the Investment Bridge Magazine (nhipdautu.vn), Mr. Nguyen Gia Huy Chuong, Managing Partner of GV Lawyers proudly expressed the primary reasons that persuaded him and GV Lawyers to choose to join the Young Businesspeople Association - YBA of Ho Chi Minh City (YBA-HCMC). Specifically, Mr. Chuong said that YBA-HCMC is one of the oldest business associations in Ho Chi Minh City and up to now, YBA-HCMC has passed the 26th year, with many talented, dynamic and creative business members. When choosing to join and accompany YBA-HCMC, Mr. Chuong was really impressed with YBA Talks and YBA...

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Legal Alert in November 2020

Banks must provide customer account information and withhold taxes as required by tax authorities On 19 October 2020, the Government issued Decree 126/2020/ND-CP ("Decree 126") detailing a number of articles of the Law on Tax Administration No. 38/2019/QH14. In particular, Decree 126 provides for the responsibilities of commercial banks for providing customer account information and withholding taxes on customer accounts opened at banks as required by tax authorities. Decree 126 provides for the responsibilities of commercial banks as follows:  Provide customer account information to tax authorities Under Article 30.2 of Decree 126, commercial banks are responsible for providing tax authorities with information on...

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Introduction to the establishment of Vietnam International Arbitration Institute (VIArb)

Founded in May 2020, the Vietnam Institute of Arbitrators – VIArb held its launching meeting and ceremony on 20 November 2020. VIArb’s mission is to be a pioneer in its domain, namely by focusing on activities of research and training of arbitrators and ADR practitioners who are to assist in settling commercial disputes in Vietnam. The founding members of VIArb are prestigious barristers-at-law, arbitrators and mediators, all experts in the field of commercial dispute resolution, including Mr. Truong Trong Nghia, Mr. Luong Van Ly, Mr.  Luong Van Trung, Mr. Le Net, Mr. Phan Trong Dat, Mr. Nguyen Duy Linh and Mr....

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Legal Newsletter Issue No.11| November 2020

Dear Valued Clients and Partners,   GV Lawyers would like to introduce our Legal Newsletter Issue No. 11, November 2020 with the following main contents:   In the "Notable News" section, we will keep you updated about the latest laws regarding to taxes and invoices such as re-scheduling the application of e-invoices for 01 July 2022, tax administration with regard to enterprises conducting associated transactions under Decree 132/2020/NDCP, guidelines on some articles of the Law on Tax Administration 2019, and notably, changes in the administrative penalties for tax and invoice violations.   Next, in the section "Article", we would like to introduce the article of Lawyer...

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Legal alert| Abolishing procedures for investment approval for a number of real estate projects

On November 5, 2020, the Government issued Resolution 164 / NQ-CP ("Resolution 164 / NQ-CP") on solving some problems in the implementation of urban construction investment projects pursuant to Decree 11/2013 / ND-CP dated January 14, 2013 of the Government on the management of urban development investment. Accordingly, no investment procedures as prescribed in Decree 11/2013 / ND-CP will be applied to investment projects on construction of urban areas in the following two cases:   i.Projects for which investment policy has been decided by competent authorities under the 2014 Investment Law or approved for investment under the 2014 Housing Law; and ii.Projects that have...

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Long-term exclusive life insurance agency agreement between Dai-ichi Life Vietnam and Mai Linh Group

GV Lawyers acted as sole legal advisor for the exclusive cooperation between Dai-ichi Life Insurance Vietnam Co. Ltd (Dai-ichi Life Vietnam) and Mai Linh Group Corporation (Mai Linh Group) to develop an exclusive network in promoting the life insurance for 15 years. By having cooperation between the qualified life insurance products of Dai-ichi Life Vietnam and the extensive market network of Mai Linh Group, the targeted business collaboration aims to effectively boost the distribution of life insurances to reach all provinces and cities across Vietnam as well as contribute to the development of both illustrious companies in Vietnam. Accordingly, we advised...

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Legal Newsletter Issue No.10| October 2020

Dear Valued Clients and Partners, GV Lawyers would like to introduce you the Legal Newsletter Issue No. 10, October 2020, which includes the following main contents: In the beginning of the legal newsletter, we would like to review some remarkable legal information with the following contents: Novelties on sanctioning administrative violations in the health sector; Standard power purchase agreement for solar power projects; Conditions for applying preferential import and export duties under EVFTA; and Guidance on reducing 30% of corporate income tax payable in 2020. Next, in the "Articles" section, we would like to introduce an article by Lawyer Do Duc Anh and...

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Career Consultation on the topic “Practicing Law”

For law students, being a lawyer is not only a traditional and classical career but also an objective of many prospective bachelors in law. Therefore, the work of a lawyer, the conditions to become a lawyer, the advantages and disadvantages during practice, the career prospects, etc. are always a great concern of law students who aspire to pursue this profession. With the desire to share career stories and orientations with law students, on October 3, 2020, Mr. Tran Thanh Tung - Partner of GV Lawyers - attended the Livestream session with the topic "Practicing Law" organized by Ho Chi Minh City...

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