In-Game Units in Vietnam

About a month ago I wrote about NFT Gaming and Vietnam. In that blog, I discussed some of the issues with Axie Infinity—as their recent massive funding round was the prompting for the post. But I did not really dig into the legal issues of buying and selling virtual assets in games in Vietnam with [...]

By |2021-11-29T09:42:01+07:00November 29th, 2021|TMT-Technology, Media, Telecom|Comments Off on In-Game Units in Vietnam

From Offshore Holding Company to Foreign-Owned Subsidiary in Vietnam

Last week I wrote about the process of obtaining approval for outward investment by Vietnamese citizens (see Establishing an Offshore Holding Company for Vietnamese Startups). For many Vietnamese startups, that’s only the first step in the process of reorganizing their enterprise to make it viable for foreign Venture Capitalists (“VCs”) and other investors. The second [...]

By |2021-11-22T02:43:01+07:00November 22nd, 2021|Inward Investment|Comments Off on From Offshore Holding Company to Foreign-Owned Subsidiary in Vietnam

Establishing an Offshore Holding Company for Vietnamese Startups

A few weeks ago I wrote about Vietnam's Outward Investment Problem. This was in relation to Axies Infinity which is an increasingly successful NFT based online game that is owned and operated by Vietnamese founders through a Singapore holding company. The problem, as I stated, is that Vietnam has rules for its citizens to invest [...]

By |2021-11-15T04:40:47+07:00November 15th, 2021|Corporate and commercial, Restructuring|Comments Off on Establishing an Offshore Holding Company for Vietnamese Startups

Laos, Cryptocurrency Mining, and Vietnam

In September, the government of Laos authorized six companies to mine and trade cryptocurrency. This last week they announced that as part of the country's expansion into the cryptocurrency markets, they anticipate to include nearly 200 million USD in their 2022 national budget from Bitcoin mining. The theory is that, using the massive amounts of [...]

By |2021-11-08T06:29:27+07:00November 8th, 2021|Banking and Finance, Data Privacy, Legal News, TMT-Technology, Media, Telecom|Comments Off on Laos, Cryptocurrency Mining, and Vietnam

New IP Law and LLC Incorporation Guides

I've recently taken on some responsibilities that consumed much of my time this last week, so rather than write a brand new blog post from whole cloth I'm going to cover a couple of our publications that hit the presses in the last couple of weeks. I'll be back next week. Incorporating LLCs in Vietnam [...]

By |2021-11-01T03:45:46+07:00November 1st, 2021|Corporate and commercial, Intellectual Property, Legal News, Publications|Comments Off on New IP Law and LLC Incorporation Guides

Vietnam Finally Amends E-Commerce Rules

A Guide to the Important Points for Cross-border E-Commerce Providers and Foreign Investors It's been coming. We've been talking about the new regime for e-commerce and other elements of the internet for ages it seems. When will Vietnam finally issue their new rules for governing e-commerce, and specifically, for governing cross-border e-commerce providers? On September [...]

By |2021-10-25T07:01:15+07:00October 25th, 2021|Inward Investment, TMT-Technology, Media, Telecom|Comments Off on Vietnam Finally Amends E-Commerce Rules

Vietnam’s Outward Investment Problem

Again this week a Vietnamese e-commerce company is in the news for receiving multiple millions of dollars in funding from international Venture Capitalists. Fika, a dating app targeted at female users (see TechinAsia story here) was funded with one and a half million. The founders, while not Vietnamese, live and work in Vietnam and their [...]

By |2021-10-18T02:03:07+07:00October 18th, 2021|M&A, Restructuring, Securities and Capital markets|Comments Off on Vietnam’s Outward Investment Problem

NFT Gaming and Vietnam

Last week it was announced that Singapore company Sky Mavis raised 152 million USD on a valuation of three billion from major players in the Venture Capital universe. While I am not privy to the full structure of Sky Mavis, it is owned and operated by Vietnamese developers living in Ho Chi Minh City. It [...]

By |2021-10-11T04:26:08+07:00October 11th, 2021|Business News, TMT-Technology, Media, Telecom|Comments Off on NFT Gaming and Vietnam

Covid-19 Legislation in Vietnam

In the last few weeks there have been several pieces of legislation passed through the government and various ministries to assist the country and its citizens in their struggle with Covid-19 and the economic fallout of the last several months of lockdown. I asked one of out legal assistants to outline that legislation for me [...]

By |2021-10-04T08:30:34+07:00October 4th, 2021|Business News, Corporate and commercial, Employment, Inward Investment, Legal News|Comments Off on Covid-19 Legislation in Vietnam

Economic Concentration in Vietnam

The Ministry of Industry and Trade (MOIT) under the Vietnam Competition and Consumer Authority (VCCA) has recently issued its report on economic concentration activities in Vietnam over the period from July 2019 to July 2021. (You can access the report in English on the MOIT's website here.) This article will briefly review some of the [...]

By |2021-09-27T07:31:36+07:00September 27th, 2021|Corporate and commercial, Legal News, Securities and Capital markets|Comments Off on Economic Concentration in Vietnam
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