Home » Newsletter » Clean Energy Transition is Additional Drive for Regional Power Trades in South and South East Asia (VDB Loi Insights)

INSIGHTS THIS MONTH

March 2023

HIGHLIGHT OF THIS MONTH

Clean Energy Transition is Additional Drive for Regional Power Trades in South and South East Asia

Regional power trades are on the rise in South East Asia. Historically, Laos is a major exporter of mostly hydropower in the region, reaching nearly 2 billion US$ in...

The long-anticipated Trademark Law becomes effective on 1 April 2023

[From our Myanmar Office]

On 1 April 2023, the Trademark Law will come into effect according to the State Administration Council’s Notification No. 82/2023 dated 10 March 2023....

Vietnam – Developments in Competition Law and Their Impact on M&A

[From our Vietnam Office]

On 10 February 2023 the Government of Vietnam issued Decree no. 03/2023/ND-CP (the “2023 VCC Decree”) regulating the functions, tasks, powers and organizational structure...

SRO No. 53/Law/2023 dated 5 March 2023 issued by the Ministry of Environment and Forests on “Environmental Conservation Rules 2023”

[From our Bangladesh Office]

To reduce environmental pollution, the Bangladesh government has issued the Environmental Conservation Rules 2023 and repealed the prior ones that were enacted in 1997,...

Circular No. 05 dated 16 March 2023 issued by the Banking Regulation and Policy Department of the Bangladesh Bank on “Guidelines on Cloud Computing”

[From our Bangladesh Office]

Aiming to mitigate cyber risks and maintain the overall stability of the financial sector, the Bangladesh Bank has issued guidelines on cloud computing, which...

Notification No. 5735 GDT dated 16 February 2023 issued by the General Department of Taxation on “Annual Tax on Income Filing for 2022”

[From our Cambodia Office]

The General Department of Taxation (“GDT”) issued a notification to notify taxpayers under the self-declaration regime of their obligation to file the 2022 annual...

OUR UPCOMING EVENTS

Customs and Tax Compliance for Import and Distribution

30 June 2023, Phnom Penh

RECENT VDB LOI WORK

Foreign contractor expertise in the Lao PDR: The Lao team is trusted by numerous multinational companies to advise on setting up as a foreign contractor in the Lao PDR.

Market entry in Bangladesh: VDB Loi Bangladesh is advising a multinational producer of industrial products with its market entry into Bangladesh.

Long-time clients choose VDB Loi Cambodia for their tax needs: The tax team is assisting a number of its long-time local and international clients with their annual tax compliance.

Renewable energy in Myanmar: VDB Loi Myanmar is providing an Asia-based energy developer with incorporation, licensing, tax planning and structuring, and legal advisory services for its renewable energy projects in Myanmar.

Cross-border loan transaction in Vietnam: The Vietnam team has been engaged to provide full-scale transactional support on a large-sized cross-border loan transaction for a major, Asia-based bank.