INSIGHTS THIS MONTH
HIGHLIGHT OF THIS MONTH
Myanmar Passes New Law for Land Acquisition, Resettlement and Rehabilitation
On 19 August 2019, the Union Parliament of Myanmar, Pyidaungsu Hluttaw, enacted Land Acquisition, Resettlement and Rehabilitation Law (Pyidaungsu Hluttaw Law No. 24/2019) to replace the colonial-era Land Acquisition...
IN THIS ISSUE
Suspension of electricity and mineral investment project incorporations
[From our From Laos Office]
On 10 July 2019, the Department of Investment Promotion of the Ministry of Planning and Investment (“DIP”) issued Notice No. 189 (the “Notice”) regarding...
MoPF announcement on life and non-life insurance JV
[From our From our Banking and Finance office – Myanmar]
Following previous announcements by the Ministry of Planning and Finance (“MoPF”), foreign life and non-life insurance companies can now form joint ventures with local...
OUR UPCOMING EVENTS
Myanmar Arbitration Update (Live Webinar Event)
26 September 2019, Online Webinar Event
RECENT VDB LOI WORK
LNG-to-power: Advising the first-ranked bidders on the finalization of project documents for three short-term LNG-to-power projects in Myanmar
Real estate development: We are assisting a leading Japanese construction company on the implementation of a mixed-use real estate project in Yangon
Immigration services: The Regulatory team is advising a leading international accounting firm on immigration compliance issues
Wholesale operations: VDB Loi is assisting a major player in the distribution sector in Asia on its potential entry into Myanmar, with due diligence, structuring advice, and drafting of transaction documentation
Hotel project: VDB Loi’s team is assisting with the design and implementation of the contractual structure for a major hotel project
End-of-year tax audits: The Tax team is working on a number of tax audit projects with local and international clients
NEW MYANMAR LAWS AND REGULATIONS THIS MONTH
Law amending the Union Judiciary Law (Fourth Amendment) (Law No: 25/ 2019)
(21 August 2019)
Mainly changed on the part of appointment of judges and swearing an oath
Land acquisition , resettlement and rehabilitation Law 2019 (Law No: 24/ 2019)
(20 August 2019)
Newly enacted to replaced the old land acquisition law 1894.
Myanma Telecommunication Corporation Law (Law No: 23/ 2019)
(6 August 2019)
Newly enacted to administrate and implement the government telecommunication corporations
VDB LOI NEWS
VDB Loi successfully hosted the CLMV (Cambodia, Laos, Myanmar and Vietnam) projects and finance update seminar with APLMA in Singapore
On the 6th of August, 2019, we hosted a successful seminar in Singapore in partnership with the APLMA (Asia Pacific Loan Market Association). The seminar featured projects and finance updates...
300 Attendees were present for “Tax Administration Law : Are You Prepared for the New Tax Administration System in Myanmar?” Seminar
We hosted the “Tax Administration Law : Are You Prepared for the New Tax Administration System in Myanmar?” Seminar at Pan Pacific on the 13th of August 2019. Our taxation professionals...
Archive
- Myanmar: Major Changes in the Union Tax Law 2023 (VDB Loi Insights)
April 2023 - Clean Energy Transition is Additional Drive for Regional Power Trades in South and South East Asia (VDB Loi Insights)
March 2023 - Maximizing Benefits from Investment Incentives (VDB Loi Insights)
February 2023 - Is Land Acquisition the Real Reason Behind the Unbearable Delay of Solar Projects? (VDB Loi Insights)
January 2023 - VDB Loi Hosts Major Seminar on Renewable Energy in Cambodia (VDB Loi Insights)
November 2022 - New Opportunities for Renewable Energy and Grid Reinforcement in Cambodia (VDB Loi Insights)
October 2022 - Foreign Construction Contractor in Vietnam: Local Compliance Framework (VDB Loi Insights)
September 2022 - Setting Up Or Acquiring Manufacturing Business In Vietnam
August 2022 - Pathway to an Independent Power Project in Vietnam
July 2022 - Foreign loans for Vietnamese borrowers – Q&A
June 2022 - Green Finance in Southeast Asia
May 2022 - How Does Bangladesh’s Blockchain Strategy Look Like?
April 2022 - VDB Loi Cambodia Wins IFLR Asia-Pacific National Law Firm of the Year Award
March 2022 - Will Income From Cryptocurrency Be Taxed In Vietnam? (VDB Loi Insights)
February 2022 - The New Laws on Investment and Public-private Partnership: Setting the Foundation for Advanced Private Investment Landscape in Cambodia
January 2022 - Bangladesh Project Finance Update: Some New Developments and Practices on the Local Aspects of Cross-border Financing in Bangladesh
November 2021 - Update on Investment Licensing in Bangladesh: New BIDA Practices
October 2021 - Intra Group Services – Are Cambodian Taxpayers Waving a Red Flag to the GDT? Part One
September 2021 - VDB Loi Cambodia Awarded Cambodia Tax Firm of the Year
August 2021 - New Regulation in Cambodia on Road Transportation Services Provided With the Use of Digital Technologies
July 2021 - Tax Amnesty on Undisclosed Income at Reduced Tax Rates
June 2021 - M&A Hot Issues
May 2021 - Phnom Penh Lockdown: Who Remains Open? Which Authorities Still Work?
April 2021 - Annual Audit of Personal Income Tax in the Lao People’s Democratic Republic (VDB Loi Insights)
March 2021 - New Tax Rules in Laos, Solar Bids in Cambodia, Expat Labor Rules Myanmar
February 2021 - What Is Different About Cambodia’s New Solar Project Tender? (VDB Loi Insights)
January 2021 - Laos: Key Changes to Secured Transactions
November 2020 - New Rules Issued for Unsolicited Projects in Myanmar
October 2020 - VDB Loi Celebrates Outstanding Asialaw Rankings (VDB Loi Insights
September 2020 - VDB Loi Crowned Tax Firm Of The Year For Third Time At The 2020 ITR Tax Awards
August 2020 - Challenging Times Ahead? What Lenders and Other Creditors Need to Know About Myanmar’s New Insolvency System
July 2020 - Loan Transactions In Southeast Asia: Getting Through The Challenging Times
June 2020 - How To Win at Myanmar’s Solar Tender, Part of COVID-19 Stimulus Package?
May 2020 - Do Employees Have the Right to Work Remotely? Questions on Labor Law Facing the Corona Virus Outbreak
April 2020 - Myanmar, Cambodia and Laos Facing the Pandemic Challenge
March 2020 - Project Bank (finally) published
February 2020 - Myanmar Approved FDI for 2019 in Power Sector: All Projects Selected VDB Loi as Advisor
January 2020 - The Impact of the 2019 Construction Law on Property Development in Cambodia
November 2019 - Can you sue a dissolved company? (VDB Loi Insights)
October 2019 - Myanmar Arbitration Update
September 2019 - Myanmar Passes New Law for Land Acquisition, Resettlement and Rehabilitation
August 2019 - How to Create a Tidal Wave of Foreign Investment in Electricity and Infrastructure? By These 5 Steps. (VDB Loi Insights)
July 2019 - Power Surge at MOEE
June 2019 - Myanmar About to Launch Power Barge Tender
May 2019 - VDB Loi Insights
April 2019 - VDB Loi Wins Law Firm of the Year
March 2019