Property market remains in a fix
The property market remains gloomy and requires combined efforts by relevant players, including a restructure of investments by developers to recover, analysts said. Le Hoang Chau, chairman of the HCM City Real Estate Association, said the large inventory and bad debts by property companies are the most serious problems.”To resolve them, developers must first of […]
Government to reduce corporate income tax
A proposal to reduce corporate income taxes was raised during a discussion about amendments in the Corporate Income Tax Law on March 18.Currently, a flat 25 percent income tax rate is applied to businesses of all types. The NA Finance and Budget Committee suggested that there be a tax reduction schedule through the year 2020 […]
Vietnam Issues Circular Guiding Establishment of ETFs
The Ministry of Finance has issued Circular 229/2012/TT-BTC guiding establishment and management of Exchange-traded fund, the document will become effective from September 1, 2013.ETF share will have par value of VND10,000 each and its minimum trading unit (creation unit) is 100,000 shares, used for portfolio swap among ETFs and founding members, investors. For stock index […]
Legal consultancy service on drafting an employment contract under the Vietnam Labor Law
When a foreign client now willing to engage on a legal consultancy on drafting an employment contract. SBLAW is qualified for above mentioned requirements and is willing to advise Client regarding the above matter. The scope of services provided by SBLAW to Client as follows: i. Advice for Client all questions relating to the employment […]
Announcing relocation of SB Law HCMC office
SB Law Ho Chi Minh City Office will be relocated to the following address on 1 April 2013. SB Law Ho Chi Minh City Office Suite 5I, 5th Floor, VTP Building, 8 Nguyen Hue, District 1. Tel: (+84-8) 352. 08.101 Fax:(+84-8) 352.08.102 Email: info@sblaw.vn Website: https://www.sblaw.vn We would like to express our sincere thanks to our valuable […]
Legal update 26/3/2013
TAX – FEE – CHARGE VND 450,000 IS THE CHARGE POLICE OFFICERS MUST PAY FOR TESTING ON DRIVING CAR On March 19, 2012, the Ministry of Finance issued the Circular No. 32/2013/TT-BTC 2013 promulgating the regime of collection, payment, management and use of charges for granting the driving road motor license for People’s Police. Accordingly, […]
Registration of Utility Model in Cambodia
As the leading intellectual property firm, SBLaw would like to introduce registration of utility model in Cambodia as hereafter: 1 – Who can file patent/utility model a – National or resident of Cambodia, or b – National or resident of member of Paris Convention for the protection of protection of industrial property or WTO. 2- How to […]
Legal update 21/3/2013
This is the significant regulation under the Directive No.04/CT-TTg dated March 08, 2013 by the Prime Minister on strengthening management in production, business and use of helmets when joining traffic. In order to correct the situation that appearing many kinds of fake helmets; helmets with colors, design sim proper with regulation, bad quality on the market,failing […]
Registering copyright for logo in Vietnam
(SB Law) A logo of Vietnamese and foreign enterprises can be registered as a a copyright in Vietnam. However, a logo that has to include artistic or design element, not just the name on its own, is legally regarded as a works of artistic creation and therefore, the logo will be protected under the Law […]