Legal and Tax Updates

The Government of Vietnam issued Decree 53/2022/ND-CP dated 15 August 2022 (“Decree 53”) detailing a number of articles in Vietnam’s Law on Cybersecurity (2018) which took effect as from 1 January 2019 (“Law on Cybersecurity”). As with most laws in Vietnam, decrees and circulars and other subordinate legislation, provide more detailed information, forms, and other...

Following the enactment of the Law on Social Security on 2 November 2019 and issuance of Sub-Decree 32 on the Social Security Scheme for Pension Fund for Persons under the Scope of the Labour Law dated 4 March 2021 (“Sub-Decree 32”) (further detail can be found in this link), the Royal Government of Cambodia and...

Article by Anne Coulon, Regional Legal Adviser of DFDL, and Pisut Rakwong, Founder of Pisut and Partners. DFDL is pleased to announce that an article co-authored by Anne Coulon (Regional Legal Adviser – Consultant) and Pisut Rakwong (Founder, Pisut and Partners) has been published in the August issue of T-AB Magazine. The article, “Interim Injunctions...

We would like to share with you the most recent updates regarding the draft Power Development Plan (“PDP”) VIII, a mechanism for wind, solar power projects in transition and future, and the police investigation into 62 wind power projects. PDP VIII UPDATE Following the report of the Ministry of Trade and Industry (“MOIT”) to the...

The Royal Government of Cambodia will continue its relief measures to mitigate the economic impact of Covid-19 and support the recovery of the country’s battered tourism sector, according to an official announcement on 15 July 2022. The relief measures include: Another three months of monthly tax exemptions — except for Value Added Tax (VAT) —...

In January 2022, Thailand’s Trade Competition Commission (“TCC”) issued three merger decisions that provide important guidance on the application of Thailand’s merger regime. Pursuant to Section 51 of the Trade Competition Act B.E. 2560 (2017) (“TCA”), a business operator who carries out a business merger which may result in a significant reduction of competition in...

The Sub-Decree appointing the Cambodia Competition Commission was issued on 14 July 2022 and is effective as of that date.  The following have been appointed to the Commission to perform the roles and responsibilities stipulated in the Law on Competition and the Sub-Decree on the Organization and Functioning of the Competition Committee of Cambodia:   ...

The Vietnam Competition and Consumer Authority (“VCCA”) recently issued its Annual Report for 2021 (“Report”).  In this Client Alert, we outline the information provided by the VCCA on its activities related to the Law on Competition (2018) (“Law”) in 2021.   While not addressed in this Client Alert, the Report also outlines other activities of the...

We would like to share with you a Power and Energy-related update to PDP VIII as below: Per the Prime Minister’s instruction at Official Letter No. 182/LDCP dated 10 June 2022 on Power Development Plan (“PDP”) VIII, the Vice Prime Minister Le Van Thanh’s directives in June 2022, the Ministry of Industry and Trade (“MOIT”)...

Article by Anne Coulon, Regional Legal Adviser of DFDL, and Pisut Rakwong, Founder of Pisut and Partners. When a dispute arises and arbitration proceedings loom, parties often need to obtain emergency relief via an injunction or an interim measure. Thailand is a party to the UNCITRAL Model Law on International Commercial Arbitration, and the country’s main arbitration...