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Internal Newsletter

date: 11-05-2017 15:50:49

Legal Update Newsletter April 2017



Our Part I of this Legal Newsletter introduces the legal article titled “Accounting services – from WTO commitments to domestic legislation?” written by Lawyer Pham Thi Hai Yen. In this article, the author analysed the incompatibility of Vietnamese law with WTO commitments in the accounting services industry. Basically, the major non-conformities create an investment barrier, affecting the belief of investors in investing in Vietnam. Vietnam's state agencies should consider these issues and set out to identify effective and appropriate solutions.

In Part II, we would like to provide you with some remarkable regulations as follows:

 
1.      A 50% reduction in the contribution rate to the labour accident and occupational disease insurance fund
2.      Fresh decree on goods labels
3.      Abolishing contract forms for real estate transaction

Apart from the above, as usual, our Part III will provide you with a selected list of new regulations issued in April 2017 for your further reference.
We hope that this Newsletter is of use to you. Should you have any questions, please feel free to contact us.

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"...this firm is warmly recommended by sources for the extent of its corporate, tax and accounting expertise. The banking and finance practice draws plaudits for its strong representation of real estate sector clients in their financings with local banks. Founding partner Phuoc Huu Nguyen is a standout name within this team." www.chambersandpartners.com

Vietnam company lawPhuoc & Partners ‘responds on time, provides appropriate advice, has deep knowledge of local laws, and good communication skills...'

...Managing partner Nguyen Huu Phuoc is ‘particularly good, being knowledgeable about local laws, a good communicator, and quick to respond’.
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"...these firms have best been able to turn clients’ changes in attitude to their advantages..."

"...In an enviroment where the routine work is no longer up for grabs and only the most complex or specialist work will be outsourced, it is those law firms who pitch their tax skills in these areas that will succeed..." www.asia.legalbusinessonline.com

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