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November 2022


VDB Loi Hosts Major Seminar on Renewable Energy in Cambodia

On 29 November 2022, VDB Loi hosted the “New Opportunities for Renewable Energy and Grid Reinforcement in Cambodia” seminar in collaboration with Electricite du Cambodge, the Securities and Exchange...


All Border Trade Transactions Will Be Allowed Only via Banking System Starting From 1st November 2022

[From our Myanmar Office]

To strengthen the compliance with the report from the Financial Action Task Force (“FATF”), Ministry of Commerce (“MOC”) has issued its bulletin no. 10/2022... 

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

[From our 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... 

Newly Enacted Law on Registration of Association

[From our Myanmar Office]

The State Administration Counsil (“SAC”) passed the new Registration of Association Law 2022 on 28 October 2022 (“2022 RAL” or the “Law”) to regulate... 

Instruction No. 27185 GDT dated 14 November 2022 issued by the General Department of Taxation on “The hanging or displaying of the tax registration documents at the business premises”

[From our Cambodia Office]

On 14 November 2022, the General Department of Taxation (“GDT”) issued a new instruction, No. 27185 GDT, on the hanging or display the tax... 

Instruction No. 26118 GDT dated 28 October 2022 issued by the General Department of Taxation on “The Use of Exchange Rates for Self-Assessment Taxpayers”

[From our Cambodia Office]

On 28 October 2022, the General Department of Taxation (“GDT”) issued a new instruction, No. 26118, on the implementation of the official exchange rate... 

SRO No. 255-Law/2022, on “The Air Pollution Rules 2022”, dated 25 July 2022

[From our Bangladesh Office]

Aiming to protect environmental health, the government has published a new rule based on section 20 of The Bangladesh Environment Conservation Act, 1995. The... 

SRO No. 257-Law/2022, on the “Electricity Rules 2022”, dated 4 August 2022

[From our Bangladesh Office]

The government introduced a new rule based on the Electricity Act of 2018, named Electricity Rules 2022. In this new rule, among many things,... 


Market entry in Bangladesh: VDB Loi Bangladesh is assisting a large regional industrial group with the establishment of an entity in Bangladesh.

Tax and structuring advisory in Vietnam: The Vietnam team advised on the taxation and structuring of an acquisition of a global mobility division of a major accounting and audit firm in Vietnam.

Transfer pricing analysis in Cambodia: VDB Loi Cambodia’s Transfer Pricing team was engaged by a regional e-payment service provider to analyze and advise on pricing for a number of different types of related party transactions.

Assistance with new financial regulations in Myanmar: The Regulatory team successfully assisted a global telco to obtain approval from the Foreign Exchange Supervisory Committee in Myanmar for its payments to offshore vendors, a new area of regulation in the country.

Airport project in the Lao PDR: The Lao team advised a regional construction company on the Lao legal framework for PPP projects and investments for the upgrading and expansion of an international airport in the Lao PDR.