New Rules on Foreign Employees and Organizations
On the 30th of December 2020, the Vietnamese Government adopted the Decree No.152/2020/ND-CP on foreign workers in Vietnam and the recruitment and management of Vietnamese workers of foreign organizations and foreign individuals in Vietnam (hereinafter referred to as “Decree 152“) which is in effect from February 15th, 2021.
Renren-IPR Crackdown in China’s Digital Age
Heated debates have flooded Chinese social media platforms recently after the Shanghai police announced that they had arrested 14 members of Renren Film and Television Subtitling Group (Renren), a well-known fan-subtitle group for copyright infringement.
A fan-subtitling group which, as the name suggests, are a group of ...
Unlimited Opportunities for Foreign Investors in the Manufacturing Sector of India
The manufacturing sector of India is one of the key sectors of the Indian economy. This sector currently contributes 16-17% towards India’s GDP and provides employment to around 12% of the country’s workforce. By 2022, the Government of India aims to achieve 25% GDP share and cr...
Fight between Tencent and Tiktok: Dominant Market Position
On February 2nd, 2021, Tiktok alleged that it had filed litigation in Beijing’s Intellectual Court against Tencent over alleged monopolistic behavior, with a claim amounting to a sum of RMB 90 million. As one of the most popular Chinese short video apps, Tiktok has approximately 600 million daily active users. Tencent, a...
Digital Euro in the Digital Age
In the past few years, blockchain and cryptocurrencies have become increasingly popular, to the extent that the latter has spread so enormously in recent years to the point of reaching institutions of all the world's largest economies, and their Central Banks. China itself, for example, through the People's Bank of China, has already...
The UK Vietnam Free Trade Agreement
On the 11th of December, 2020, the UK signed The UK Vietnam Free Trade Agreement (UKFTA) in London, effective from the 1st of January 2021. This bilateral trade deal will help the UK replace the existing EU-Vietnam Free Trade Agreement (EVFTA) and it is important to note that the UKVFTA has the same provisions as those found within t...
New Russian Law for Remote Work
COVID-19 pandemic significantly altered the reality of employment relationships all over the world. Due to the lockdowns since 2020 many companies moved to the new routine of remote work. Unlike in many other countries, instead of national wide lockdown, Russia implemented isolation measures locally and every region has different lim...
Comprehensive Review of China’s New Rules Against Unjustified Extra-Territorial Application
During the second weekend of 2021, The Ministry of Commerce of the People’s Republic of China (“MOFCOM”) published, the first of its kind, the “Rules on Counteracting Unjustified Extra-Territorial Application of Foreign Legislation and Other Measures” (the “Rules”), effecti...
CAI: China & EU Reach Agreement in Principle: The Main Takeaways for EU Investors in China
After seven years of negotiations (a total of 35 rounds of talks between the parties), the EU and China reached political approval of the EU-China Comprehensive Agreement on Investments (CAI) on December 30th via a video conference call with Chinese President Xi Jinping, Charles Michel, Pre...
DP GROUP NEW OFFICES
In line with the mission of our Group to make the world a better place to do business and to be present in every business capital of the world, we are glad to announce that in 2020, notwithstanding the global difficulties related to the epidemic situation, we continued to pursue our global expansion by opening a new branch in the Uni...