Want to be in the loop?
subscribe to
our notification
Business News
PHUOC & PARTNERS : LEGAL UPDATE NEWSLETTER - JANUARY 2014
In this article, we analyze and discuss on a number of issues related to the ruling from the case of Kirtsaeng vs. John Wiley and Sons whereby a publisher in the United States filed a petition against a Thai student because he asked his friends and family in Thailand to buy copies of foreign edition English language textbooks from Thai book shops and then resold it on eBay to students in the United States, the impact of the verdict on the book distribution market and which options for Vietnam.
In Part II, P&P would like to provide you with some remarkable regulations as follows:
1.Foreign strategic investors may hold up to 20% of the charter capital of a Vietnamese credit institution.
2.Some novelties guiding the Labour Code in connection with employment.
3.New amendment on the invoices for the sale of goods and services provision.
4.Some new guidelines for sublease of labour.
Apart from the above, as usual, Part III will provide you the selected list of new regulations issued in the month for your further reference.
To read the entire legal alert, please click the link below to download the full version of the newsletter - provided by PHUOC & PARTNERS.
Legal Update Newsletter - January 2014
*************************************
PHUOC & PARTNERS
Ho Chi Minh City - Head Office
Suite 1602, 16/F., Centec Tower
72-74 Nguyen Thi Minh Khai St., Dist. 3
Ho Chi Minh City, Vietnam
Tel: +84 (8) 3823 5895
Fax: +84 (8) 3823 5896
Hanoi - Branch
10A/F., CDC Building
25 Le Dai Hanh St., Hai Ba Trung Dist.
Ha Noi, Vietnam.
Tel: +84 (4) 3974 8230
Fax: +84 (4) 3974 8234
Da Nang - Branch
Suite 606A, 6/F., HAGL Plaza Danang,
1 Nguyen Van Linh St., Hai Chau Dist.
Da Nang City, Vietnam.
Tel: +84 (511) 381 5253
Fax: +84 (511) 382 5254
Related News
GOLDEN DEAL, KNOCK-DOWN OFFER
Are you ready for a fun-filled family vacation. Don't miss the super attractive Family Staycation package at Becamex Hotel. 2 days 1 night package with full amenities and free activities: Buffet breakfast, Swimming, tennis, bicycle, gym, sauna, cool ice cream, 300.000 VND service voucher and many other offers! Contact now for detailed advice.
"BEARY CHRISTMAS" CHARITY PROGRAM
As the Festive Season approaches, Caravelle Saigon, in collaboration with VinaCapital Foundation (VCF), is bringing a heartwarming charitable initiative to life — and we are delighted to invite all HKBAV members to take part in the very first “Beary Christmas” Charity Program. By adopting a Caravelle Bear for VND 299,000 nett, you will be directly supporting children battling cancer in Vietnam through VCF’s Can-Care/Can-Clover Program.
SOILBUILD INTERNATIONAL WINS “BEST INDUSTRIAL DEVELOPMENT” AWARD FOR SPECTRUM NGHE AN AT THE PROPERTYGURU VIETNAM PROPERTY AWARDS 2025
Soilbuild International is pleased to announce that its project, Spectrum Nghe An, has been awarded Best Industrial Development at the PropertyGuru Vietnam Property Awards 2025, held on 24th of October 2025, in Ho Chi Minh City. The PropertyGuru Vietnam Property Awards is part of the prestigious PropertyGuru Asia Property Awards series, the largest and most respected real estate awards programme in Asia.
WEBINAR: 2025 VIETNAM KEY TAX FINALISATION, UPDATES ON TAX CHANGES AND GLOBAL MINIMUM TAX
Dear Valued Client,We would like to invite you to our webinars on Friday, 12 December 2025, and Tuesday, 16 December 2025, to review and learn about key 2025 tax finalisation topics and stay ahead with the latest tax changes.
NEW ECONOMIC POLICIES EFFECTIVE THIS DECEMBER
Government Decree 304/2025, effective December 1, sets stricter conditions for seizing collateral, especially assets that are a borrower’s sole residence or essential work tools. In such cases, lenders must set aside a compensation amount equivalent to six to twelve months of minimum wage. The measure aims to improve transparency in bad debt handling and reduce credit risk in the banking system.
QUANG NINH TARGETS VND58 TRILLION IN TOURISM REVENUE
Quang Ninh Province is aiming to generate VND58 trillion in tourism revenue this year after surpassing its goal of 21 million visitors, driven by new tourism products, expanded nighttime activities, and large-scale events. As of mid-November 2025, Quang Ninh had welcomed 21.28 million visitors, up 12% year-on-year. Tourism revenue reached at least VND57 trillion, a 22.46% increase from the same period last year. With its visitor target achieved, the province is now pushing toward its revenue goal of VND58 trillion.
























