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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ENVIRONMENTAL TAXES IN MEXICO: REGULATION, CONSTITUTIONAL CHALLENGES, AND THEIR IMPACT ON SUSTAINABILITY
Environmental taxes are a key fiscal tool in Mexico to reduce ecological damage and promote sustainable practices. Their implementation helps to discourage polluting activities, generate revenue for environmental protection, and foster an economic development aligned with the conservation of natural resources.
CIPAA 2012 – Key Insights for the Contractors
Introduction In the construction industry, cash flow is king. The Construction Industry Payment and Adjudication Act 2012 (“CIPAA”) came into force on 15 April 2014 with its main objective to resolve payment dispute and improve the contractors’ cash flow by providing a speedy, timely and cost-effective dispute resolution mechanism through adjudication.
What ESG Means for SMEs – How It Supports Business and Growth
Introduction In Malaysia’s evolving business landscape, environmental, social and governance (“ESG”) is gradually attaining more traction, and it is no longer a mere buzzword. While there is no universal definition of ESG, ESG is generally understood as a framework to measure sustainability, ethical impact and governance.
Will This Amount Make Good The Loss In Goodwill
Introduction In trademark litigation, where a claimant elects not to pursue an account of profits, the usual course is to seek an inquiry into damages, aimed at compensating the claimant for the actual loss suffered as a result of the defendant’s acts of infringement and/or passing off. These damages typically fall under two principal heads: …
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Diya or blood money: Crimes and Punishment under UAE Law.
Introduction: Federal Decree-Law No. (31) of 2021 (Penal Code) governs Diya crimes and penalties in the UAE. In accordance with Article 1 of the UAE penal code, the Islamic Sharia principles may be applied to crimes including revenge (qisas) and blood money (Diya). The punishments for additional offenses will be determined in accordance with the …
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INDIA – RECENT SECURITIES LAW DEVELOPMENTS
Dematerialization of physical securities of shareholders before filing the DRHP The Securities and Exchange Board of India (the “SEBI”) has, recently, approved amendments to the SEBI (Issue Capital and Disclosure Requirements) Regulations, 2018 (the “ICDR Regulations”), and has mandated that selling shareholders, key managerial personnel, senior management, directors, qualified institutional buyers (“QIBs”), employees, shareholders with …
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Unauthorized Travel with Minor: The New Family Law Imposes Criminal Sanctions on Violators
The United Arab Emirates has recently passed a new personal status law, namely the Federal Decree Law No. 41 of 2024 (“Law”) that has brought about significant changes to the personal laws applicable to Muslim in the UAE, both nationals and expatriates. Although the Law was issued in October 2024, it will be enforced six …