Cambodia’s Ministry of Labor and Vocational Training (MLVT) has introduced two new Prakas (implementing guidelines), one of which seeks to clarify recent amendments to the country’s Labor Law pertaining to seniority payments, and the other establishes a new requirement to make salary payments twice per month. Below we set out full details of the changes.Prakas No. 443 on Seniority PaymentsOn...
Article 20 of Indonesia’s Patent Law requires patent owners to either manufacture their patented products in Indonesia or use their patented processes in the country. Although controversial, the purpose of this working requirement is to drive foreign technology transfer, investment and stimulate local employment opportunities within the country.
If an invention is not worked within 36 months...
Myanmar’s Insurance Business Regulatory Board has recently announced a program of reform for Myanmar’s insurance sector, expected to allow foreign insurers to do businesses in Myanmar in the very near future.
The program of reforms is expected to open the following activities, among others, and within limited conditions, to foreign insurers:
Sale of life and non-life insurance policies to...
During the trademark registration process, the similarity of trademarks is determined by comparing the trademark with another registered trademark. This process may disadvantage trademark owners who own a so-called “family of trademarks.” A recent Supreme Court judgment opened the possibility of allowing a trademark owner to claim exclusive rights over the common elements of such a family of...
Investment by Thai companies in Vietnam is surging over recent years, especially after several major M&A deals in the last few years in the beverage, retail and other sectors. However, Thai companies, as well as all foreign investors in Vietnam, should be aware of some common pitfalls in regard to Vietnamese employment law.
Termination of Employees
One important point that new investors...
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