A recent Linkedin post alerted me to a crackdown on foreign land ownership. It linked to an article in the local press about Chinese investors buying land in Da Nang through "various ruses." As I read the article I came to realize that the Linkedin poster hadn't really read into the article that much, or [...]
The latest issue of Asian Legal Business, an Asian based professional magazine, released their 2020 intellectual property rankings by country. Indochine Counsel is pleased to be ranked as tier 2 in both Patents and Copyright/Trademarks for the Vietnam jurisdiction. This continuing recognition of Indochine Counsel's abilities and expertise in the IP law space is gratifying [...]
A derivative suit in Vietnam, as in most jurisdictions in which it is allowed, is a civil action brought by a shareholder of a company against a third party in the name of the company. Often this third party is a member of management.1 This is a powerful tool for minority shareholders to influence the [...]
WHY WORRY ABOUT ANTI-CORRUPTION LAWS IN VIETNAM? At certain points of my career the question of corruption became relevant. Not only was there corruption in the government as they seized assets and claimed taxes—which they had already signed off as having received—weren't paid, but there was the question of what we, as a company seeking [...]
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, [...]
Reunification Day in Vietnam. Forty-five years ago today the helicopter lifted from the roof of the American embassy, the tanks rolled down what became Le Duan Street, and the Vietnam War officially came to an end. For the United States this ushered in nearly half a century of recriminations, regrets, and disbelief. For Vietnam a [...]
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 [...]
Last Friday Indochine Counsel issued a Special Alert concerning the recent issuance of a decree guiding enforcement efforts to limit "fake news" in light of the Covid-19 pandemic. With some slight formatting differences, the below reproduces that alert for your reference. On 3 February 2020, the Government of Vietnam issued Decree No. 15/2020/ND-CP on [...]
This week the European Union took the final step in its procedure for approving the EVFTA/EVIPA trade deals with Vietnam. All that is left is for Vietnam's National Assembly to give its opinion on the matter and the deal will, officially and finally, be sealed. The EVFTA and EVIPA are the fruit of over eight [...]
OFFICIAL ANNOUNCEMENT FROM THE FIRM At Indochine Counsel, we have been closely following the developments of the Covid-19 virus as it rampages around the globe. While earlier we had hoped that Vietnam would be spared much of the trouble, we have discovered more than 200 confirmed cases and Prime Minister Nguyen Xuan Phuc has called [...]