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August 2021


VDB Loi Cambodia Awarded Cambodia Tax Firm of the Year

We are pleased to announce that on 26 August 2021, VDB Loi Cambodia received the Cambodia Tax Firm of the Year award by the ITR Asia-Pacific Tax Awards, which...


How a Vietnamese employee participates in an offshore ESOP properly and tax implications?

[From our Vietnam Office]

Vietnam has yet clearly set a comprehensive legal framework for an ESOP and neither guidance exists in accounting standards nor corporate income tax regulations in treating the... 

New Directive Issued by the Central Bank of Myanmar on Foreign Employees in Banks

[From our Banking and Finance Team - Myanmar Office]

The Central Bank of Myanmar (“CBM”) issued Directive No. MaBaBaa/MP/FIR/Bank Si Sit/1(4/2021) with effect from 2 August 2021 titled “Matters regarding foreign workers employment... 

Legal Update: the Ministry of Commerce Clarifies Rules for Using a Company Name

[From our Cambodia Office]

Ministry of Commerce of Cambodia issued a clarification on the use of abbreviated names by Cambodian’s legal entities. Starting a business in Cambodia by... 

Expansion of Social Security Contribution Payment Deadline

[From our Taxation Team - Myanmar Office]

The Myanmar Social Security Law requires an employer with more than five employees to contribute to the social security scheme. Contributions must be made... 


Marketing regulatory advisory: VDB Loi is advising on the compliance requirements of advertising pricing and practice in Myanmar for a multinational medical device company.

E-sport advisory: The TMT team is advising on the licensing requirements and practical legal issues for e-sport activities in Myanmar.

Contract dispute: VDB Loi has been engaged by a regional health and nutrition company to advise on a potential contract dispute regarding payment terms.

Solar power acquisitions in Cambodia: VDB Loi is advising a major Chinese power developer on the acquisition of 4 greenfield solar IPPs in Cambodia totaling 300MW.

Legal due diligence for acquisition in the Lao PDR: VDB Loi assisted a leading Thai energy company with legal due diligence on the acquisition of a 100% equity ownership of a medium-scale hydropower project in the Lao PDR.