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 [...]
Last week Fintech News, a digital news provider out of Singapore, launched their Vietnam Fintech Report 2020. The report examines the Fintech space in Vietnam, looking at current penetration within the country's population and the startup scene as well as pointing out specific fintech companies to watch. You can download the Vietnam Fintech Report 2020 [...]
In the near future I'm looking to move into more tech involved matters. As such, I'm going to use this blog as a means to educate myself on the issues and laws related to certain matters important to the tech field. Foremost among those is the use of digital payments. While there are issues relating [...]
This article briefly examines some of the advantages and disadvantages for Vietnam in the RCEP, a multilateral FTA that was signed yesterday in Hanoi, Vietnam. Yesterday, 15 November 2020, fifteen Asia-Pacific nations signed the Regional Comprehensive Economic Partnership, or RCEP, a multi-lateral free trade agreement. The signing comes as the crowning achievement of Vietnam's chairmanship [...]
A little over a month ago Vietnamese venture capital firm Do Ventures released the Vietnam Tech Investment Report 2019--H12020, a report on the state of investment in Vietnam's tech industry during the first half of 2020. This report came to my attention a couple of weeks ago, but due to other time sensitive topics I wasn't [...]
Last week, the United States State Department put on its third Indo-Pacific Business Forum in Hanoi. Countries from all over the region attended both online and in person. US Secretary of State Mike Pompeo was in attendance. During the forum, several deals were announced. This article will discuss the big deals signed between US and [...]
With the effects of Covid-19 moving towards long lasting, it is important to take a look at the health of certain parts of the global economy. One major aspect of that picture is the M&A deal flow. As a firm who is centered in the growing technological sector in Vietnam, Indochine Counsel is particularly interested [...]
Ever since the stock exchange opened in the late 1990s, the procedures for private share placement in Vietnam have been divided between public companies and privately held companies. For publicly held companies the process has always been somewhat onerous in an effort to dissuade them from conducting private share placements. It has always, however, been [...]
As a resident in Vietnam, I have the occasion to meet with numerous proprietors, owners of restaurants or bars or clubs that traffic in alcohol. While no one has asked me yet about the relevant laws, I thought it might be worthwhile to review some of the basic regulations governing the sale of alcohol at [...]