Asia Legal Admin

AIJA 60th International Young Lawyers’ Congress in Singapore

At the end of August 2022, Asia Legal’s Managing Partner, Mr. Vinh Luu (Richard) participated in the 60th International Young Lawyers Congress in Singapore of the International Association of Young Lawyers (AIJA) and it was an honor to be the only lawyer in Vietnam participating in this Congress. This was a big annual event of […]

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Structural debt, bad debt and enterprise debt trading

1. State policy in promoting the settlement of bad debts According to the report of the Government and the State Bank of Vietnam submitted to the National Assembly at the 3rd Session, the 15th National Assembly, as of December 31, 2021, that is, after nearly 5 years of applying Resolution 42/2017/QH14, the total the number […]

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Impact of the minimum wage increase on employers

After more than 2 years of applying Decree 90/2019/ND-CP regarding the regional minimum wage for employees working under labour contracts, recently, the Vietnamese Government promulgate Decree 38/2022/ND-CP to raise it by 6% which has come into effect on July 1, 2022. (Unit: VND/month) This growth will affect the following labour issues which the employers should […]

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Types of M&A transactions in Vietnam

Mergers and Acquisitions (“M&A”) has long become a popular term. M&A transactions not only bring benefits to the parties involved, such as increasing the efficiency of business operations or reducing or eliminating competitive pressures from competitors but also become an effective channel for capital mobilization for the economy, promote the process of renovating the growth […]

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