Vietnam Labor Law Update

Highlights of the Labor Code 2019 On 20 November 2019, the National Assembly of Vietnam issued a new Labor Code with the purpose of promoting the Vietnamese labor market and solving essential problems from practical implementation of the Labor Code 2012. It is intended to create a more flexible legal framework on employment and harmonize [...]

By |2020-01-13T16:08:55+07:00January 13th, 2020|Business News, Contract Law, Employment, Legal News|Comments Off on Vietnam Labor Law Update

Vietnam CFO Forum

On November 12, at the Lotte Legend Saigon Hotel in Ho Chi Minh City, Vietnam, the annual CFO Forum will welcome over thirty speakers and three hundred attendees. Indochine Counsel's managing partner, Dang The Duc, will be speaking as the sole representative from the legal community amidst a number of speakers from technology, fintech, and [...]

By |2019-11-11T09:45:59+07:00November 11th, 2019|Banking and Finance, Business News, Events-Seminars|Comments Off on Vietnam CFO Forum

Viettel Installs 5G Network in HCMC

According to Dat Viet at VN Express International, Viettel, the military owned telecommunications company, has installed several 5G network broadcasting stations throughout Ho Chi Minh City and Hanoi. You can see the article here. This is a major turn around for Vietnam as they are intent on becoming one of the first countries in the [...]

By |2019-09-23T11:04:20+07:00September 23rd, 2019|Business News, Technology and Media, TMT-Technology, Media, Telecom|Comments Off on Viettel Installs 5G Network in HCMC

Delayed Projects Can be Cancelled

I'm not going to point to specific articles, because I haven't kept track of them, but lately it's becoming apparent that Vietnam is nearing a purge of projects that have failed to realize. It's happened in the past, when a project is on the books for investment development and nothing happens, or very little happens. [...]

By |2019-09-10T16:52:45+07:00September 10th, 2019|Business News, Dispute Resolution, Property and Construction|Comments Off on Delayed Projects Can be Cancelled

Pharma Opening after EVFTA

The pharmaceutical industry is looking forward to major investment now that the European-Vietnam Free Trade Agreement has been signed. The EVFTA allows for investment in the pharma industry by European investors that may not have been allowed before, luring investors to a lucrative industry. For example, just this week Sanofi Vietnam became the first firm [...]

By |2019-08-12T08:23:22+07:00August 12th, 2019|Business News, Intellectual Property, Pharmaceutical & Healthcare|Comments Off on Pharma Opening after EVFTA

Sharp and the Trade War

Sharp, the Japanese electronics giant, has announced plans to build a manufacturing site here in Vietnam according to Nikkei Asia here. This is the latest news in the continuing trade war between the United States and China, and provides an opportunity to examine the impacts of the trade war on a country like Vietnam. Much [...]

By |2019-08-05T08:50:31+07:00August 5th, 2019|Business News, International Trade|Comments Off on Sharp and the Trade War

Call for More Technology Transfer in Vietnam

As reprinted in Vietnam+, here, the Vietnam News Agency has called for increased technology transfer to production companies in Vietnam. The call sites dismal numbers of high tech usage by manufacturers in Vietnam stating that nearly 60% of manufacturers are using technology that is outdated while only 2% use high technology. This is disturbing, especially in [...]

By |2019-07-24T14:41:31+07:00July 24th, 2019|Business News, International Trade, Technology and Media|Comments Off on Call for More Technology Transfer in Vietnam

Vietnam’s Corporate Governance Tested

Bui Quang Huy is in trouble. The former CEO of tech company Nhat Cuong General Technical Services is wanted by police for smuggling and now money laundering. He apparently invested money earned from the smuggling of electronics across the border into a subsidiary company and used that to hide the fact that he was syphoning [...]

By |2019-07-11T12:38:00+07:00July 11th, 2019|Business News, Securities and Capital markets, TMT-Technology, Media, Telecom|Comments Off on Vietnam’s Corporate Governance Tested

EVFTA Signed in Hanoi

The Europe-Vietnam Free Trade Agreement (EVFTA) was signed by representatives of both parties on Sunday in Hanoi. While this is not the final step for execution of the agreement, this is a major milestone and will, more than likely, lead to adoption by the EU. In this article, here, Nicolas Audier discusses the benefits of [...]

By |2019-07-01T13:28:20+07:00July 1st, 2019|Business News, Dispute Resolution, International Trade|Comments Off on EVFTA Signed in Hanoi

Vinfast Roars to Life

Last week Vinfast, a subsidiary of Vinagroup, began manufacturing the Vinfast line of automobiles. The line begins with a standard hatchback and a sedan, two vehicles that are priced around 17,000USD. This is cool. For a couple of reasons is this cool. First, car purchases in Vietnam are up 22% year on year since 2018. [...]

By |2019-06-24T10:42:38+07:00June 24th, 2019|Business News, Corporate and commercial, International Trade, Inward Investment|Comments Off on Vinfast Roars to Life
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