New Amendments to Law on Intellectual Property and Law on Insurance Business
On 14 June 2019, the National Assembly ratified Law No. 42/2019/QH14 amending both the Law on Intellectual Property and the Law on Insurance Business.
PwC Legal Vietnam
Business and legal issues today are intertwined as never before.
About us
PwC Legal (Vietnam) Co., Ltd is a law company established in 2000, and licensed in Vietnam by the Ministry of Justice, with its head office in Ho Chi Minh City and a branch office in Hanoi. As part of the PwC global network, we offer our clients comprehensive legal advisory services alongside the assurance, tax and advisory services provided by our associated PwC offices.
Our services
PwC Legal (Vietnam) Co., Ltd's services allow us to provide an unrivalled level of support to our clients:
- Banking and Financial Services
- Employment and Human Resources
- General Corporate and Commercial Services
- Inward Investor Services
- Legal Compliance/Company Secretarial Services
- Legal Health Checks
- Mergers and Acquisitions
- Real Estate
Legal updates
Technology Transfers – New penalty regime
The government has issued Decree 51/2019/ND-CP, which sets out penalties under the Law on Technology Transfer 2017.
Notification of the National Office of Intellectual Property on application of CP-TPP
On 1 February, the National Office of Intellectual Property published Notification 1926/TB-SHTT on its website to announce the application of certain articles of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership relating to intellectual property.
New minimum salaries from January 2019
The Government has issued Decree 157/2018/ND-CP dated 16 November on new minimum salaries which will be effective from 1 January 2019, replacing the previous Decree 141/2017.
Representative Office Annual Operations Report
According to Decree 07/2016/ND-CP dated 25 January 2016, representative offices (“ROs”) of foreign companies in Vietnam are required to submit an annual operations report on their activities (“Report”). The Report needs to be submitted to the provincial Department of Industry and Trade before the 30th of January of the following year.
New requirements on self-inspection and reporting on labour law compliance
On 17 October, the Ministry of Labour, War Invalids and Social Affairs issued Circular 17/2018/TT-BLDTBXH regulating self-inspection of labour law compliance by enterprises. Circular 17 will take effect on 1 January 2019.
Changes to labour regulations
The Government has just issued Decree 148/2018/ND-CP dated 24 October to amend Decree 05/2015/ND-CP guiding various labour matters, which will take effect on 15 December.
