How Ethereum’s Merge affects Vietnam

For those who follow cryptocurrency news, something big just happened. Ethereum, probably second only to Bitcoin, merged.   There are two things that must be understood before taking a risk with the Ethereum chain. First, what is the merge, and second what about the proof of work fork that has already broken away from the merged [...]

By |2022-09-26T06:44:37+07:00September 26th, 2022|Legal News|Comments Off on How Ethereum’s Merge affects Vietnam

Some thoughts on data localization

When I first came to understand Vietnam’s rigid requirements surrounding data localization I thought the requirements far too rigid and expensive to be realistically enforced. Requiring data collectors to open a branch office or representative office and to refrain from transferring any data collected on Vietnamese citizens out of the country. I’m not the only [...]

By |2022-08-01T01:45:35+07:00August 1st, 2022|Data Privacy, Legal News|Comments Off on Some thoughts on data localization

Blockchain Hacks and Axie Infinity

As I mentioned a couple of weeks ago, I thought I would dig into the cybersecurity element of blockchain. The big deal here, obviously, being the hack of Axie Infinity in March that netted the hackers over 600million USD in then current value. But how was Axie Infinity hacked when blockchain is supposed to be [...]

By |2022-06-27T03:49:01+07:00June 27th, 2022|Legal News|Comments Off on Blockchain Hacks and Axie Infinity

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

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

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

Vietnam’s Informal Economy Loses During Lockdown

From the outset of the Covid-19 pandemic in the beginning of 2020, employers and workers have all be hit hard by the economic downturn that resulted. In Vietnam, with a population of nearly 100 million people, the pandemic has only recently caused a major reduction in the need for human capital. But that reduction has [...]

By |2021-09-13T06:02:42+07:00September 13th, 2021|Employment, Legal News|Comments Off on Vietnam’s Informal Economy Loses During Lockdown

A Year of Legal Developments in Vietnam

As it was Independence Day this past week, I thought it would be a good time to review the major legal developments in Vietnam of the last year. Particularly as one of our lawyers conveniently prepared a list of the major developments in the law over. The past 12 months have seen a slew of [...]

By |2021-09-06T07:19:10+07:00September 6th, 2021|Legal News|Comments Off on A Year of Legal Developments in Vietnam
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