The following article is vital to understanding the future of Covid-19 vaccines in Vietnam and was published in the Vietnam Investment Review on 17 June 2021. By Nguyen Thi Hong Anh and Ly Nghia Dzung Indochine Counsel Amid growing coronavirus cases from the latest outbreak in the country, the Vietnamese government is taking measures to [...]
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 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 [...]
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 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 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 [...]
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 [...]
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 [...]
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 [...]
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, [...]