Disclosure Requirements for Public Listing in Vietnam

For a brief moment I want to discuss the capital markets of Vietnam, mainly the stock market, and what a person can expect from a company prior to listing. The Law on Securities 2019, includes a list of certain requirements that must be met before a company can issue shares to the public. Public offerings [...]

By |2022-05-23T03:27:45+07:00May 23rd, 2022|Securities and Capital markets|Comments Off on Disclosure Requirements for Public Listing in Vietnam

New Draft Electronic Transactions Law

Recently, the National Assembly's law committee issued a draft of the new Electronic Transaction Law which is now undergoing comments from interested public parties. This is the first time that electronic transactions will warrant their own law as previous regulations on this subject matter have been limited to decrees of the government. This article will [...]

By |2022-05-16T04:42:38+07:00May 16th, 2022|Corporate and commercial, Legal News, TMT-Technology, Media, Telecom|Comments Off on New Draft Electronic Transactions Law

Data Localization Revisited, a Vietnam Primer

Data Localization, Where We Stand In 2018 the National Assembly passed the controversial new law on cybersecurity that subsequently went into effect on 1 January 2019. In addition to providing rules that allowed the government to arguably censor residents who posted objectionable content on the internet, it also expanded and simultaneously solidified the data localisation [...]

By |2022-05-09T04:20:34+07:00May 9th, 2022|Data Privacy, TMT-Technology, Media, Telecom|Comments Off on Data Localization Revisited, a Vietnam Primer

Move to Earn and Vietnam

A new NFT model has recently hit the news, StepN, which is a game/program/model in which users have the opportunity to buy an NFT sneaker which represents their real sneaker and is linked to their movements via their cellphones or smartwatch. They can then be rewarded with cryptocurrency according to how much they actually move [...]

By |2022-04-25T08:05:54+07:00April 25th, 2022|Banking and Finance, Contract Law, TMT-Technology, Media, Telecom|Comments Off on Move to Earn and Vietnam

The Case of Tan Hoang Minh

After the uproar concerning the cancellation of Tan Hoang Minh Group's nine bond issuances and the arrests of several members of their management, I wanted to look a bit more into the matter. As a result, I asked one of our legal assistants to prepare an article about what's going on. The article below, written [...]

By |2022-04-18T02:37:37+07:00April 18th, 2022|Banking and Finance, Business News, Securities and Capital markets|Comments Off on The Case of Tan Hoang Minh

Contractual Remedies for Breach in Vietnam Contracts

One of the major issues we face as lawyers in Vietnam is protecting our clients in drafted contracts. There are numerous elements that go into such drafting, but one major element is the inclusion of penalties for breaches of the contract. While Vietnam does not recognize liquidated damages, there are a number of other penalties [...]

By |2022-04-04T04:06:51+07:00April 4th, 2022|Contract Law, Dispute Resolution|Comments Off on Contractual Remedies for Breach in Vietnam Contracts

E-Commerce in Vietnam, a Review

Under the laws of Vietnam, e-commerce activity means conducting a part or the whole of the process of commercial activity by electronic means connected to the internet, mobile telecommunications network or other open networks. A commercial activity is activity for profit-making purposes, comprising purchase and sale of goods, provision of services, investment, commercial enhancement, and [...]

By |2022-03-28T04:48:16+07:00March 28th, 2022|Corporate and commercial, TMT-Technology, Media, Telecom|Comments Off on E-Commerce in Vietnam, a Review

How Cross-border Data Collection Threatens Us All

I'm a little scared. And it's Facebook's fault. The thing is, for the longest time, the world was organized into discreet territories with their own sovereignty, powers, and abilities to control the trade that crossed their borders. They could physically stop something or someone from entering their country by holding them up at the border [...]

By |2022-03-21T03:11:32+07:00March 21st, 2022|Data Privacy, TMT-Technology, Media, Telecom|Comments Off on How Cross-border Data Collection Threatens Us All

E-Transactions in Vietnam

Electronic Transactions (E-Transactions) in Vietnam As defined in the Electronic Transaction Law (the ET Law), electronic transaction or e-transaction means a transaction conducted by electronic means. Electronic means are means that operate on the basis of an electric, electronic, digital, magnetic, wireless, optical, electro-magnetic technology or similar technologies. Any transactions by electronic means in the [...]

By |2022-03-14T02:56:26+07:00March 14th, 2022|Contract Law, TMT-Technology, Media, Telecom|Comments Off on E-Transactions in Vietnam

Investment Support in Vietnam

This week we wanted to highlight our upcoming legal guide for investment in Vietnam prepared by Associate Le Thanh Cong and Legal Assistant Pham Hoang Vu. This excerpt from the full guide covers investment support by the government for enterprises, particularly SMEs and technology startups, which is a subset of investment incentives offered under the [...]

By |2022-03-07T03:32:31+07:00March 7th, 2022|Corporate and commercial, Inward Investment|Comments Off on Investment Support in Vietnam
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