In May 2018, Myanmar’s Ministry of Commerce (MoC) issued Directive 25/2018 (the Directive), allowing 100% foreign owned companies, as well as joint venture companies established between Myanmar citizens or companies and non-Myanmar citizens or companies, to conduct retail or wholesale businesses in Myanmar, subject to various minimum capital requirements and operational restrictions. Very...

Despite wide concern from inside and outside the country, and even after a request for postponement from 13 Vietnamese technology associations, Vietnam’s new Law on Cybersecurity was finally adopted by the National Assembly on June 12, 2018, after more than a dozen drafts and wide debate in the business and government sectors. The Cybersecurity Law will come into effect on January 1, 2019. The...

Regulatory issues related to the commercialization of life sciences products cannot be overlooked or brushed aside. As a first step, an intellectual property (IP) owner needs to obtain a marketing authorization license from the relevant regulatory authorities, while exercising their best efforts to protect their IP rights. When considering consumer protection, trademark laws and life sciences...

The Indonesian Ministry of Finance has issued a new regulation that makes it possible to record trademarks and copyright with the Directorate General of Customs and Excise so that customs authorities can inform intellectual property rights owners of potential counterfeit goods. Minister of Finance Regulation No. 40/PMK.04/2018 regarding Recordation, Restraint, Guarantee, Temporary Suspension,...

On August 3, 2018, Myanmar’s Directorate of Investment and Company Administration (DICA) issued an announcement enacting an anti-corruption code of ethics intended to prevent corruption in both public and private transactions. The code of ethics prohibits all companies and bodies corporates incorporated under the Myanmar Companies Law (2017) from engaging in the following...