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October 2022


Renewable Energy Projects: An Important Step to Determine Tariffs for Transitional Solar and Wind Power Plants

Over the last few years a lot of attention in Vietnam was focused on the possible rate of tariff that should apply to the transitional solar and wind projects,...


The collection of Fees and Service Charges for Enterprise Registration

[From our Laos Office]

In order to ensure the effective implementation and to realize the President’s Decree on Fees and Charges No. 002 dated 17 June 2021, the... 

New Exchange Rules set by the BOL

[From our Laos Office]

The Bank of the Lao PDR (“BOL”)Issued Decision No.779/BOL dated 11 October 2022 on the Determination of Exchange Rates to support currency stability. Commercial... 

Myanmar: FATF’s Call for Action to Apply Enhanced Due Diligence Measures

[From our Banking and Finance Team - Myanmar Office]

As Financial Action Task Force (“FATF”) reported, one of the outcomes of the FATF 20-21 October 2022 Plenary, was that Myanmar has been added... 

GDT’s recent action on VAT on E-commerce

[From our Cambodia Office]

As noted in a number of our previous tax alerts, implementation of VAT on e-commerce began in April 2022. Under the self-assessment regime, the... 

Pension fund

[From our Cambodia Office]

Cambodia is set to implement the pension fund scheme beginning this month (October 2022). Under the scheme, employers and employees are required to contribute... 

SRO No. 284- Law/2022, “Amendment of Bangladesh Labor Rule 2015”, Dated 01 September 2022

[From our Bangladesh Office]

The Ministry of Labor and Employment introduced 101 new amendments to the Labor Rule 2015, on 01 September 2022. There are some major and... 

SRO No. 295-Law/2022, on “The EPZ Labor Rule 2022”, dated 4 October 2022

[From our Bangladesh Office]

The government introduced a new rule based on section 203 of the Bangladesh Export Processing Zone (EPZ) Labor Act 2019, named EPZ Labor rule... 



Tax expertise in Vietnam: The Vietnam tax team is conducting a tax due diligence for a potential acquisition by a US investor in targets that include a Vietnam manufacturer.

Establishment of an SME zone in Cambodia: The VDB Loi team handled the establishment of a small- and medium-sized enterprise cluster zone with the relevant authorities.

Telecommunications in the Lao PDR: VDB Loi Laos is advising a Malaysian telco that is entering into an agreement with the government of the Lao PDR for a telco tower business.

Corporate and regulatory services in Myanmar: VDB Loi is assisting a global telco with its corporate and regulatory compliance in Myanmar.

Solar power plant acquisition in Cambodia: VDB Loi is assisting a European independent power producer with the potential acquisition of a solar power plant in Cambodia.