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

New Legal Developments for Ride Hailing in Vietnam

Last week Grab drivers in Hanoi went on strike, shutting off their Grab accounts and refusing to respond to requests for rides or deliveries. Dressed in the now familiar green and white jackets and helmets they wear to identify them as Grab drivers, they gathered outside the company's local offices to voice their displeasure over [...]

By |2020-12-14T12:25:44+07:00December 14th, 2020|Legal News, Taxation, TMT-Technology, Media, Telecom|Comments Off on New Legal Developments for Ride Hailing in Vietnam

Data Localisation Requirements in Vietnam

While this article is about data localisation requirements in Vietnam, it is the first in a long series (occasionally interrupted) of blog posts I intend to write about data privacy and cybersecurity in Vietnam. This is part of my continuing effort to inform myself (see this post on e-wallets for an introduction of my intended [...]

By |2020-12-07T12:28:08+07:00December 7th, 2020|Legal News, TMT-Technology, Media, Telecom|Comments Off on Data Localisation Requirements in Vietnam

Review of Vietnam Fintech Report 2020

Last week Fintech News, a digital news provider out of Singapore, launched their Vietnam Fintech Report 2020. The report examines the Fintech space in Vietnam, looking at current penetration within the country's population and the startup scene as well as pointing out specific fintech companies to watch. You can download the Vietnam Fintech Report 2020 [...]

By |2020-11-30T14:14:01+07:00November 30th, 2020|Banking and Finance, TMT-Technology, Media, Telecom|Comments Off on Review of Vietnam Fintech Report 2020

Operating e-wallets in Vietnam

In the near future I'm looking to move into more tech involved matters. As such, I'm going to use this blog as a means to educate myself on the issues and laws related to certain matters important to the tech field. Foremost among those is the use of digital payments. While there are issues relating [...]

By |2020-11-23T12:11:36+07:00November 23rd, 2020|Banking and Finance, TMT-Technology, Media, Telecom|Comments Off on Operating e-wallets in Vietnam
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