Data Protection and Blockchains in Vietnam

Some time ago I had the time and the inclination to look into blockchain technology. The more I learned the more I saw that it presented a huge potential for collecting and managing data across a broad spectrum of activities. I also saw some difficulties in its deployment, especially in Vietnam. Issues of confidentiality and [...]

By |2021-02-22T02:47:13+07:00February 22nd, 2021|Contract Law, TMT-Technology, Media, Telecom|Comments Off on Data Protection and Blockchains in Vietnam

Social Networks in Vietnam

In several of my posts lately, I've mentioned the possibility of certain services coming under the laws governing the deployment and operation of social networks in Vietnam (see P2P Lending in Vietnam and B2B Lending in Vietnam). But in mentioning it, I have yet to go into any details about what those laws contain and [...]

By |2021-02-08T02:54:27+07:00February 8th, 2021|Publications, TMT-Technology, Media, Telecom|Comments Off on Social Networks in Vietnam

B2B Lending in Vietnam

by Steven Jacob, Foreign Associate Last week I attended a year-end party and was asked about business-to-business, or B2B, lending in Vietnam. While I was familiar with the legal issues surrounding peer-to-peer, or P2P, lending (see my post on that topic here) I hadn't had the chance to investigate the somewhat different issues surrounding the [...]

By |2021-02-01T01:57:38+07:00February 1st, 2021|Banking and Finance, TMT-Technology, Media, Telecom|Comments Off on B2B Lending in Vietnam

Data Privacy Obligations in Vietnam

by Steven Jacob, Foreign Associate A few weeks ago I wrote about individual user's data privacy rights in Vietnam. This week I want to write about the service provider's data privacy obligations in Vietnam. While two sides of the same coin, this side is perhaps even more important because it is where the action takes [...]

By |2021-01-25T02:29:07+07:00January 25th, 2021|TMT-Technology, Media, Telecom|Comments Off on Data Privacy Obligations in Vietnam

Cryptocurrency in Vietnam

by Steven Jacob Cryptocurrency's Rise Cryptocurrency in Vietnam is problematic. For one thing, it's illegal. But that's not the full story nor does it promise to be the last word on the issue. Vietnam is a large market, the fifteenth-most populous country in the world, large enough to add considerable support to any product or [...]

By |2021-01-18T01:58:13+07:00January 18th, 2021|Banking and Finance, TMT-Technology, Media, Telecom|Comments Off on Cryptocurrency in Vietnam

Vietnam Employment Law Guide for 2021

By Le Nguyen Huy Thuy and Le Thi Khanh Hoan Key employment trends in major Asian markets The COVID-19 pandemic deleteriously affected the labor market and is predicted to continue negatively influencing employment trends across Asia in the upcoming year. At the beginning of 2020, it was predicted that the unemployment rate in Asia-Pacific would [...]

By |2021-01-13T13:02:42+07:00January 13th, 2021|Employment, Publications|Comments Off on Vietnam Employment Law Guide for 2021

P2P Lending in Vietnam

Like much of the Fintech space, peer-to-peer, or P2P, lending in Vietnam is a relatively new and growing field. It also remains largely unregulated. In an official letter issued a year and a half ago, the state bank of Vietnam acknowledged that the space lacked regulation and warned banks and credit institutions of various dangers [...]

By |2021-01-11T09:25:43+07:00January 11th, 2021|Banking and Finance, TMT-Technology, Media, Telecom|Comments Off on P2P Lending in Vietnam

Individual Data Privacy Rights in Vietnam

Continuing in my examination of data privacy and cybersecurity issues in Vietnam, this week I want to look at the issue of individual data privacy rights in Vietnam, what are a data subject's responsibilities and their rights, and what can they expect when putting their data in the wilds of the internet. General Protections of [...]

By |2021-01-04T06:57:18+07:00January 4th, 2021|constitutional, TMT-Technology, Media, Telecom|Comments Off on Individual Data Privacy Rights in Vietnam

The Grab Gojek Merger in Vietnam

Earlier this month in a report by Bloomberg (here) and elsewhere the rumors seemed confirmed that Singapore's Grab and Indonesia's Gojek were in discussions anticipating a merger. While neither company is incorporated nor headquartered in Vietnam, they both have subsidiaries and substantial business in the country and their merger at an international level will have [...]

By |2020-12-29T08:37:21+07:00December 29th, 2020|Corporate and commercial, M&A|Comments Off on The Grab Gojek Merger in Vietnam

eKYC comes to Vietnam

In a piece of legislation passed just a couple of weeks ago, the government of Vietnam made it possible for banks to comply with a common anti-money laundering, or AML, requirement digitally. Know Your Client, or KYC, has long been an element of Vietnam's banking law and serves to supplement the global standard AML law. [...]

By |2020-12-22T12:05:44+07:00December 22nd, 2020|Banking and Finance, TMT-Technology, Media, Telecom|Comments Off on eKYC comes to Vietnam
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