Paperless Pitfalls: Enforceability of Scanned Contracts and Real Estate-Linked Guarantees in Vietnam – A Case Study
Background In a high-value cross-border financing transaction, a foreign lender (the “Lender”), a foreign arranger (the “Arranger”), and a Vietnamese real estate developer (the “Borrower”) entered into a facility agreement (the “Facility Agreement”) under which the Lender agreed to extend a loan of up to USD 400 million. As consideration, the Borrower undertook to pay …
LANDMARK PERSONAL DATA PROTECTION LAW IN VIETNAM
Vietnam’s National Assembly has recently passed the Law on Personal Data Protection (“LPDP”) with overwhelming support. This landmark legislation, comprising 39 articles, will take effect on January 1, 2026, and will supplement and supersede the existing Decree No. 13/2023/ND-CP on personal data protection (“Decree 13”).
Vietnam Ushers in a New Era of Innovation with Incentives for Digital Tech, Data Centers, Semiconductors, and Tokenized Assets
By Senior Partner Duyen Ha Vo and Associate Chau Nguyen, VILAF In June 2025, Vietnam reached a major milestone in its digital transformation with the enactment of its first-ever law on digital assets, including tokenized assets, together with a suit of other related legal reforms to drive digital innovation and attract high-tech investment. These include …
New US – Vietnam Transshipment Tariff Agreement
The United States has recently formalized a trade agreement with Vietnam that introduces a 40% tariff on goods transshipped via Vietnam, targeting products rerouted from other countries to avoid existing US trade barriers. In exchange, a 20% tariff (substantially reduced from the tariff announced in April) will apply to Vietnamese-manufactured goods under the new framework. …
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Expiry of Land-Use Projects with a Term of 50 Years or Less?
With more than 35 years of foreign investments in Vietnam, various land-use projects, particularly those with less than 50-year term, are approaching expiry. With the new land law and investment law, it is crucial for the investors to understand the regulations on the adjustment/extension of the project operation duration and proactively manage and plan for …
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Confirming Solidarity for a Green World – Acts impact louder than words at COP29
Valuing life with a climate change countering motto ‘save our planet’ ambitions remain on top priority for the world, enabling action at COP29 hosted by Baku for 2024.
Vietnam-South Korea: Expanding Relations and Opportunities with Key Partners
On December 22, 1992, South Korea and Vietnam established diplomatic relations with a joint statement.
Vietnam-Australia Strategic Vision for Trade and Investment
Australia and Vietnam have forged a robust and multifaceted relationship over the years, marked by mutual respect, shared interests, and strategic cooperation.