El-Salvador, Cryptocurrency, and Vietnam

As I've written before, Vietnam currently views cryptocurrency as a prohibited form of payment (see Cryptocurrency in Vietnam). The State Bank of Vietnam (SBV) has repeatedly made it clear that it does not recognize cryptocurrency or any digital currency as legal tender. Although a recent program initiated a pilot program for e-money (see Mobile Money [...]

By |2021-06-14T03:34:15+07:00June 14th, 2021|Banking and Finance, Legal News, TMT-Technology, Media, Telecom|Comments Off on El-Salvador, Cryptocurrency, and Vietnam

New Online Advertising Restrictions in Vietnam

by Steven Jacob, Foreign Associate While I have written largely about Fintech issues in this blog, the scope of my responsibilities extends to other areas involving technology and media. This week, therefore, I am going to write on a subject that has caused a bit of a stir in Vietnam regarding the regulations that just [...]

By |2021-06-07T05:57:12+07:00June 7th, 2021|Legal News, Publications, TMT-Technology, Media, Telecom|Comments Off on New Online Advertising Restrictions in Vietnam

Personal Data Leaks in Vietnam

According to an article in VN Express International's website (see Personal data leak affects thousands of Vietnamese) the news of a major leak of personal data was announced. (Other articles covered the news in the Vietnamese language, but for purposes of discussion, the English language story will work best.) The data, which comprised 17 GBs [...]

By |2021-05-24T07:11:04+07:00May 24th, 2021|Data Privacy, Legal News, TMT-Technology, Media, Telecom|Comments Off on Personal Data Leaks in Vietnam

Some Issues on E-Commerce in Vietnam

by Steven Jacob, Foreign Associate Random E-Commerce Provisions in Vietnam I wrote a blog post last week about a company that got in trouble with the law. And though my information was based on publicly available newspaper reports, the company also happened to be a client so the post was vetoed by management. As such, [...]

By |2021-04-19T06:57:46+07:00April 19th, 2021|Legal News|Comments Off on Some Issues on E-Commerce in Vietnam

Vietnam’s New Draft Data Protection Law

by Steven Jacob It finally happened. A few weeks ago, the Ministry of Public Security issued its draft Decree on Personal Data Protection. This is apparently the second draft though I've only seen reference to a previous "outline" issued at the end of 2019. Prepared in conjunction with advisors from the EU it is less [...]

By |2021-03-01T01:56:21+07:00March 1st, 2021|Legal News, TMT-Technology, Media, Telecom|Comments Off on Vietnam’s New Draft Data Protection Law

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

Vietnam’s New Law on Investment and Its Effects on Cross-border Deals

On 17 June 2020, Vietnam's National Assembly passed a new law on investment. The new law offers some new approaches to investment--both domestic and foreign--in the country and broaches new territory for encouraging and regulating the sector. As I'm looking at M&A recently, I thought I would discuss two of the major developments in the [...]

By |2020-07-23T13:33:55+07:00July 23rd, 2020|Corporate and commercial, Legal News, M&A|Comments Off on Vietnam’s New Law on Investment and Its Effects on Cross-border Deals

What To Do After Force Majeure in Vietnam

While Vietnam is coming out of the Covid-19 epidemic, force majeure in Vietnam and elsewhere remains a major issue for investors both domestic and international. Cross-border flows of goods and people remain restricted, but internally, Vietnam is resuming business as usual to the extent possible. As the world locked down over the last few months, [...]

By |2020-05-06T15:25:34+07:00May 6th, 2020|Contract Law, Dispute Resolution, International Trade, Legal News|Comments Off on What To Do After Force Majeure in Vietnam

Vietnam Joins Hague Treaty on Evidence

On 4 March 2020, Vietnam signed the Hague Convention of 18 March 1970 on the Taking of Evidence Abroad in Civil or Commercial Matters. The Convention takes effect on 3 May 2020. Vietnam is the 63 country to join the Convention. In joining the Convention, Vietnam continues its gradual accession to international judicial treaties. In [...]

By |2020-04-27T14:57:10+07:00April 27th, 2020|Contract Law, Dispute Resolution, Legal News|Comments Off on Vietnam Joins Hague Treaty on Evidence
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