New IP Law and LLC Incorporation Guides
I've recently taken on some responsibilities that consumed much of my time this last week, so rather than write a brand new blog post from whole cloth I'm going to cover a couple of our publications that hit the presses in the last couple of weeks. I'll be back next week. Incorporating LLCs in Vietnam The first is a joint publication with the Warwick Law Network. The guide is all about how to incorporate limited liability companies in each jurisdiction in the guide. Many of the members participating in the [...]
Vietnamese policy for emergency vaccine imports
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 speed up the vaccine rollout for its population. The government has approved the establishment of a COVID-19 vaccine fund, which will receive, manage, and use voluntary financial and vaccine donations and assistance from domestic and [...]
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 went into force governing online advertising in Vietnam. At the end of March, the Government issued a decree amending administrative penalties for organizations involved in media business activities including advertising. The decree covers things from [...]
Social Networks in Vietnam
In several of my posts lately, I've mentioned the possibility of certain services coming under the laws governing the deployment and operation of social networks in Vietnam (see P2P Lending in Vietnam and B2B Lending in Vietnam). But in mentioning it, I have yet to go into any details about what those laws contain and the obligations they impose on organizations and their social networks in Vietnam. First, I'm going to address the laws under the assumption that the owner and operator of the social network is a Vietnamese resident. [...]
Vietnam Employment Law Guide for 2021
By Le Nguyen Huy Thuy and Le Thi Khanh Hoan Key employment trends in major Asian markets The COVID-19 pandemic deleteriously affected the labor market and is predicted to continue negatively influencing employment trends across Asia in the upcoming year. At the beginning of 2020, it was predicted that the unemployment rate in Asia-Pacific would remain on the low side, standing at about 4.1%. The situation changed dramatically, however, and many experts anticipate a raise in that figure. The COVID-19 pandemic also changed the way businesses are operating and the [...]
Vietnam Issues Fake News Rules Amidst Covid-19 Battle
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 administrative sanctions in the sectors of postal, communications, radio frequency, information technology and electronic transactions (“Decree 15”), which came into effect on 15 April 2020 and superseded Decree No. 174/2013/ND-CP (“Decree 174”). Decree 15 adds [...]
Foreign Judgment Enforcement in Vietnam
Indochine Counsel has recently updated its chapter in the Kluwar Online Enforcement of Foreign Judgments for 2020. You can access last year’s edition here: http://www.kluwerlawonline.com/toc.php?pubcode=efj As I had the opportunity to work on this, I thought I would list a few highlights of the procedure using that source as a reference. Below is a discussion of some important aspects of enforcing foreign judgments in Vietnam. Civil foreign judgments and decisions of foreign courts are defined as: judgments and decisions of foreign courts relating to civil matters, marriage and family, business, [...]
Ten Years in Indochine
Ten years ago tomorrow I started my first day working for Indochine Counsel. I was a year out of law school, having spent six months finishing the qualifying requirements for the California Bar Association and then six months trying to find work in the middle of the Great Recession. The future seemed bleak but then I came to Vietnam and found a position working corporate and commercial for Indochine Counsel. I started on October 1, 2009, ten years ago. I thought I would take this anniversary opportunity to review some [...]
A Guide to Practical E-discovery in Asia
Indochine Counsel is proud to announce its contribution to A Guide to Practical E-Discovery in Asia, a multi-jurisdictional guide to E-discovery in the Asian region. Authored by Bryan Tan, Michael Lew, and Benjamin Ang the Guide covers nine jurisdictions in the region from Korea and Japan to Vietnam, Singapore, and Indonesia. The Vietnam chapter is contributed by Dang The Duc, managing partner of Indochine Counsel, and Le Hong Bao Chuong, associate in the Ho Chi Minh City office. They have worked for years in the technology sector and are familiar [...]
Indochine Counsel Announces Publication of A Practical Guide to E-Discovery in Asia
Indochine Counsel is proud to announce the publication of A Practical Guide to E-Discovery in Asia, published by Lexis-Nexis. Continuing on the theme of important and cutting edge issues facing legal personnel, corporations, and investors in the region, Dang The Duc (Managing Partner) and Le Hong Bao Chuong (Associate) contributed the Vietnam chapter to the Lexis-Nexis guide. The global E-discovery market will jump from $1.7 billion in 2013 to $2.9 billion by 2017. Most of this growth will take place in international markets outside the traditional US market. As Asia’s [...]
Indochine Counsel Announces Publication of the Law Firm Network’s Cross-Border Contract Guide
Indochine Counsel is excited to announce the publication of the Law Firm Network’s Cross-Border Contract Guide. Authored by Managing Director Dang The Duc and Associate Le Hong Bao Chuong, the Vietnam chapter reviews some of the recent changes in Vietnam’s international contract law, specifically the adoption of the United Nations Convention on Contracts for the International Sale of Goods, or CISG. The Guide offers insight into 27 different countries and how they deal with cross-border contracts. The Law Firm Network, founded nearly 30 years ago in 1989, is a strong [...]
Corporate Governance Country Report Released
Indochine Counsel is proud to announce the publication of the World Bank's Corporate Governance ROSC (Report on the Observance of Standards and Codes) for Vietnam 2013 (“ROSC Vietnam”) recently published by the World Bank. The ROSC Vietnam is a detailed overview of Vietnam's current corporate governance situation and examines the state of shareholder relations, board control and actions, auditing and reporting, and other aspects of corporate governance in Vietnam. It is a review of both legislation and actual situations throughout the country and provides a framework from which legislators and [...]