High-end property in Vietnam attracts foreign investors
With such robust economic growth in the past several years, Vietnam is now considered a top destination for foreign buyers purchasing houses, most notably nationals from Hong Kong, Taiwan, South Korea, and mainland China. The demand for investment in properties in Vietnam has increased significantly since 2015 when property ownership...
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The 4th Amendment of Trademark Law Takes Stronger Position: Regulating Malicious Hoarding Applications, Increasing the Amount of Compensation for Infringement, Punishing Malicious Registration and Litigation
On April 23, 2019, at the 10th meeting of the Standing Committee of the 13th National People's Congress, a decision was adopted to amend the Trademark Law of the People's Republic of China ("Trademark Law"). The amended provisions will come into effect on November 1, 2019, which is the fourth revision of the Trademark Law after 1993,...
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Involved in a Dispute in Italy? Go to Arbitration
During the last decades, Italy has encouraged companies and individual to resolve their disputes through alternative disputes resolution methods, instead of opting for claiming their rights before Courts.
More specifically, regarding the arbitration, the Italian Civil Procedure Code provides that the parties to a contract may deci...
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The restrictions for e-commerce foreign operators under the Indian FDI policy
India has the second-largest internet userbase in the world, only behind China in terms of numbers, with more than 475 million users. Indeed, India has experienced a rapid growth in smartphones and internet connectivity across the country, especially in tier-2 and tier-3 cities, which has lead to the overall development of the e-comm...
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Potential Cyber Economic Zone:Way to Boost Exports of Russian IT
The Russian Ministry of Economic Development presented a draft concept of a new extraterritorial Special Economic Zone for IT companies (or Cyber Economic Zone). According to the Ministry, the zone should help to stimulate the export of IT goods and services and aims to implement the May 2018 Presidential Decrees which require the ov...
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EVFTA – Vietnam and EU sign Free Trade Agreement
History was made in Hanoi on June 30, as Vietnam and the European Union signed agreements on bilateral free trade and investment protection in Hanoi. The Europe-Vietnam Free Trade Agreement (EVFTA) will ensure the balance of benefits for both Vietnam and the EU, while the Europe-Vietnam Investment Protection Agreement (EVIPA) will m...
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Dunhill vs Danhuoli: A Curtain – Raiser for Higher Damage Compensation
Last October, Alfred Dunhill, a British luxury brand, won a $1.4m (RMB 10 million) payout over trademark infringement by a Chinese menswear brand called Danhuoli, marking an important progression in IP protection in China. Dunhill filed and ordered the lawsuit in China where the Foshan Intermediate People’s Court in Guangdong Provi...
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Food Safety & Traceability in China-Modern Solutions to Modern Problems
In recent years, China has aimed to overcome its reputation for being a hub for food safety violations, however, with the emergence of the e-commerce sector, compliance and enforcement will mean it may still continue to be an issue moving forward into the future. However, China has recently been at the forefront of technological adva...
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Exhibition: “ITALY – Twilight skylines from Police helicopters” in Vietnam
It was a pleasure for DP group to participate at the opening of the exhibition ”ITALY – Twilight Skylines from Police Helicopters”, by the Italian Under-Secretary of State for Defence, Angelo Tofalo, during his visit in Hanoi for the signing of the cooperation agreement between Italy and Vietnam. The Ambassador of Italy to Viet...
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Double VAT: Russian-Chinese Service Contracts
One of the headaches of service providers all over the world is the payment of value added tax (VAT). The situation becomes even more complicated when a company expands their market and begins to provide services to overseas clients.
According to the basic rule, VAT shall be charged i...
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