In-Game Units in Vietnam

About a month ago I wrote about NFT Gaming and Vietnam. In that blog, I discussed some of the issues with Axie Infinity—as their recent massive funding round was the prompting for the post. But I did not really dig into the legal issues of buying and selling virtual assets in games in Vietnam with [...]

By |2021-11-29T09:42:01+07:00November 29th, 2021|TMT-Technology, Media, Telecom|Comments Off on In-Game Units in Vietnam

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

Vietnam Finally Amends E-Commerce Rules

A Guide to the Important Points for Cross-border E-Commerce Providers and Foreign Investors It's been coming. We've been talking about the new regime for e-commerce and other elements of the internet for ages it seems. When will Vietnam finally issue their new rules for governing e-commerce, and specifically, for governing cross-border e-commerce providers? On September [...]

By |2021-10-25T07:01:15+07:00October 25th, 2021|Inward Investment, TMT-Technology, Media, Telecom|Comments Off on Vietnam Finally Amends E-Commerce Rules

NFT Gaming and Vietnam

Last week it was announced that Singapore company Sky Mavis raised 152 million USD on a valuation of three billion from major players in the Venture Capital universe. While I am not privy to the full structure of Sky Mavis, it is owned and operated by Vietnamese developers living in Ho Chi Minh City. It [...]

By |2021-10-11T04:26:08+07:00October 11th, 2021|Business News, TMT-Technology, Media, Telecom|Comments Off on NFT Gaming and Vietnam

LFN Guide for Cryptocurrency Now Live

For some time now, Indochine Counsel has been part of the Law Firm Network (LFN) and participated in their sometimes publications. Just recently we provided a chapter on Vietnam's treatment of cryptocurrency. As this blog regularly focuses on issues related to e-commerce and technology we wanted to make our readers aware of the publication of [...]

By |2021-09-20T03:35:39+07:00September 20th, 2021|Banking and Finance, TMT-Technology, Media, Telecom|Comments Off on LFN Guide for Cryptocurrency Now Live

Non-Fungible Tokens in Vietnam

Non-fungible tokens (NFTs) or cryptographic tokens are unique digital signatures or tokens created by using blockchain technology, in particular using relevant platforms that operate on blockchains, which are used for certifying ownership of digital files of real or intangible assets. Cryptographic tokens represent a set of rules, encoded in a smart contract – the token [...]

By |2021-08-30T02:16:09+07:00August 30th, 2021|Banking and Finance, Intellectual Property, TMT-Technology, Media, Telecom|Comments Off on Non-Fungible Tokens in Vietnam

Vietnam Leads Cryptocurrency Adoption

In the last few days, it's been hard to ignore the fact that (according to this VN Express article) Vietnam leads the world in cryptocurrency adoption. A survey by US-based consultancy Finder found that of survey respondents 41% of those based in Vietnam had invested in cryptocurrency, with 28% of the total investing in Bitcoin. [...]

By |2021-08-23T06:19:02+07:00August 23rd, 2021|Banking and Finance, TMT-Technology, Media, Telecom|Comments Off on Vietnam Leads Cryptocurrency Adoption

Is VNDC a Stablecoin for Vietnamese Investors?

Lately, I've been busy with some research surrounding crowdfunding in Vietnam. Perhaps I'll address some of those issues at a later date, but right now I want to discuss something I discovered during that research. As of 1 July 2019, a Singaporean company VNDC Holding PTE., LTD., introduced the VNDC stablecoin to the market (You [...]

By |2021-08-16T02:09:20+07:00August 16th, 2021|Banking and Finance, TMT-Technology, Media, Telecom|Comments Off on Is VNDC a Stablecoin for Vietnamese Investors?

Electronic IDs in Vietnam

Last month the Government issued a draft decree on the process for obtaining and using electronic IDs in Vietnam. This comes as a welcome installment in Vietnam's slowly moving modernization of its legal regulations regarding the internet, data, and digital media. This post will review the basics of the draft decree relevant to most people [...]

By |2021-07-26T02:27:14+07:00July 26th, 2021|Banking and Finance, Data Privacy, TMT-Technology, Media, Telecom|Comments Off on Electronic IDs in Vietnam

The Vietnam National Innovation Center

So I learned a thing this week. Apparently, Vietnam is developing a national innovation center (NIC) aimed at promoting innovative startups in the country. What that means is not entirely clear as of yet. The NIC was only approved at the end of 2019 and seems heavily reliant on a physical location that remains unidentified, [...]

By |2021-07-05T04:49:34+07:00July 5th, 2021|Business News, Corporate and commercial, TMT-Technology, Media, Telecom|Comments Off on The Vietnam National Innovation Center
Load More Posts