ArticleA New Approach To Food Safety Management In VietnamThere is a basic argument that food safety regulations and compliance must improve. VietnamFood, Drugs, Healthcare, Life SciencesRussin & Vecchi
ArticleNew Law On Social Insurance In Vietnam: Implications For EmployersVietnam has adopted a new comprehensive Law on Social Insurance (Law No. 41/2024/QH15). It will come into effect on July 1, 2025 ("LOSI 2024").VietnamEmployment and HRRussin & Vecchi
ArticleLaw On Personal Data Protection--Internal Responsibility For ComplianceIn September 2024, the Ministry of Public Security released the first draft of the Law on Personal Data Protection ("Draft LPDP") for public consultation.VietnamPrivacyRussin & Vecchi
ArticleEquitization Of State-Owned Enterprises In Vietnam How To Attract Foreign InvestmentFor years, the Vietnamese Government has looked for ways to reduce its direct ownership in key state companies and so to broaden private ownership. For many reasons,...VietnamGovernment, Public SectorRussin & Vecchi
ArticleLiberalization Of Vietnam's Employee Stock Ownership Plan [ESOP] RegulationsOn June 28, 2024, the State Bank of Vietnam ("SBVN") issued Circular 23/2024/TT-NHNN, with new rules governing employee stock ownership plans ("ESOPs").VietnamFinance and BankingRussin & Vecchi
ArticleElectricity, Wind Project, Rooftop Solar Systems And More …Under the Law on Prices, electricity is on a list of goods subject to price stabilization. Under the Law on Prices, the Government is authorized to apply measures which limit the increase of electricity price...VietnamEnergy and Natural ResourcesRussin & Vecchi
ArticleEstablishing A Fintech Company In Vietnam: Frequently Asked QuestionsVietnamese firms like MoMo, Moca, and Payoo, and foreign firms like Grab and Gobear, are Fintech leaders in Vietnam. VietnamTechnologyRussin & Vecchi
ArticleVietnamese Firms Increasingly Issue Corporate Bonds–Government Cautions Investors And Issuers To Be Aware Of The RisksAccording to SSI Securities Corporation (SSI – HOSE), the value of corporate bonds issued in 2019 was VND280 trillion ($12 billion) – a year-on-year increase of 25 percent from 2018.VietnamCorporate/Commercial LawRussin & Vecchi
ArticleHiring A Vietnamese In Vietnam To Work Abroad: What You Need To Know?A foreign company incorporated and located outside of Vietnam can hire a Vietnamese employee to work abroad. It need not go through a Vietnamese company that has been granted a labor export license. VietnamEmployment and HRRussin & Vecchi
ArticleFormation To Funding: Legal Considerations For Tech Startups In VietnamVietnam's technology startup ecosystem has experienced tremendous growth. With a supportive business environment, access to talent, and a burgeoning local market, Vietnam is an attractive venue for...VietnamPrivacyRussin & Vecchi
ArticleBringing a BOT Project to Closure In Vietnam: Problems and Prospects (Part 1)Vietnam introduced the concept of Build-Operate-Transfer ("BOT") investment projects when it amended its Foreign Investment Law in 1992. Since then, only one foreign-invested BOT enterprise, a water supply plant, has begun operations.VietnamStrategyRussin & Vecchi
ArticleOpportunities And Challenges For Developing 5G In VietnamGlobally, 5G is positioned as a primary driver of future prosperity and security. It provides exponential improvements across multiple technical metrics, including connectivity...VietnamTechnologyRussin & Vecchi
ArticleTrade Financing In VietnamTrade finance has increased the importance of secured lending. There is a clear understanding of the variety of assets that can be used as security. Using dynamic assets such as accounts receivable and inventory as security is common. VietnamFinance and BankingRussin & Vecchi
ArticleThe US New Whistleblower Reward Program: An Additional Tool In Anti-Corruption Enforcement In VietnamIn March 2024, the United States Department of Justice ("DOJ") released details of its comprehensive whistleblower reward program intended to encourage third parties to report corporate and financial bribery and misconduct.VietnamCorporate/Commercial LawRussin & Vecchi
ArticlePreventative Anti-Corruption Guidelines - Perspective From Vietnam - Prevention Is Better Than CureAddressing corruption before it can occur has now become virtually a necessity. VietnamCriminal LawRussin & Vecchi
ArticleCharacteristics Of An Anti-Competitive Agreement In Vietnam's Competition LawAn agreement which by its nature can be anti-competitive under the Competition Law 2018. That is, it is not necessary to prove anti-competitive conduct.VietnamAntitrust/Competition LawRussin & Vecchi
ArticleEmployee Stock Ownership Plans For Multinationals In VietnamMany Vietnamese employees of multinational companies that operate in Vietnam hold shares in the overseas parent by participating in the parent's employee stock ownership plan ("ESOP"). VietnamEmployment and HRRussin & Vecchi
ArticlePersonal Data Protection In Vietnam – Decree 13 – Frequently Asked QuestionsDoes the new Decree 13 on "Personal Data" protection apply to us? Yes, if you're an entity or individual located in Vietnam and involved in data processing.VietnamPrivacyRussin & Vecchi
ArticleA New Decree Provides Cybersecurity ClarityOn August 15, 2022 the Vietnamese government issued Decree No.53/2022/ND-CP to guide certain articles of the Law on Cybersecurity. Decree 53 provides important clarification of the government's power...VietnamTechnologyRussin & Vecchi
ArticleProviding Cybersecurity Clarity Through Fresh DecreeOn August 15, the Vietnamese government issued Decree No.53/2022/ND-CP to guide certain articles of the Law on Cybersecurity. Among other things, Decree 53 provides important guidance...VietnamTechnologyRussin & Vecchi