ArticleDecree 53: Implementing The Law On CybersecurityThe Law on Cybersecurity (LOC) was adopted and came into force on 1 January 2019, but some provisions of the implementation were not yet clear. After more than three years,...VietnamTechnologyACSV Legal
ArticleNew Law Will Be In Line With FATF 40 RecommendationsThe current Law on Anti-Money Laundering (AML) of Vietnam (Current Law) was issued in June 2012. Therefore it is not in line with how business activities have developed over the years...VietnamGovernment, Public SectorACSV Legal
ArticlePlan To Resume Business Operations In Long An ProvineLong An Province issued a plan to resume business operations. It contains information on the requirements for companies and employees for companies to resume operations.VietnamCoronavirus (COVID-19)ACSV Legal
ArticleNew Regulations On Cross-Border Advertising ServicesMany organisations and individuals in Vietnam use cross-border advertising services provided by various foreign providers such as Facebook, Google, Tik Tok. VietnamMedia, Telecoms, IT, EntertainmentACSV Legal
ArticleDoing Business In... 2021The legal system in Vietnam follows the civil law tradition and is noticeably influenced by conti¬nental European codifications of civil law (par¬ticularly the French Civil Code). VietnamCorporate/Commercial LawACSV Legal
ArticleDraft Decree Implementing The Law On Environmental ProtectionThe draft decree provides details on the environmental permits, it sets out environmental criteria for investment project classification and requires organisations or individuals to obtain...VietnamEnvironmentACSV Legal
ArticleProtocol For Virtual Court HearingsCOVID-19 Pandemic is seen as a once-in-a-lifetime event that has caused a lot of turbulence to corporations, organisations, and individuals who own or run businesses.VietnamLitigation, Mediation & ArbitrationACSV Legal
ArticleNew Regulations On Electronic Transaction In Vietnam The current Law on E-Transactions, which came into force in March 2006 (the CurrentLaw), demonstrates limitations in addressing emerging issues resulting from the development of digital technology globally. VietnamCorporate/Commercial LawACSV Legal
ArticleDecree 18 On Changes For Multilevel Marketing Business ActivitiesOn 28 April 2023, Decree No. 18/2023/ND-CP was issued. It amends and supplements several articles of Decree No. 40/2018/ND-CP dated 12 March 2018 (Decree 40) regarding the management...VietnamCorporate/Commercial LawACSV Legal
ArticlePrivate Equity 2021Vietnam is still a relatively nascent market for private equity (PE). Deal sizes are often small (although getting bigger) and transaction struc¬turing and procedures are complex and time consuming. VietnamCorporate/Commercial LawACSV Legal
ArticleElectronic Identification And AuthenticationOn 5 September 2022, the Government promulgated Decree 59/2022/ND-CP (Decree 59) regulating electronic identification and authenticationVietnamTechnologyACSV Legal
ArticleInitial Offering Of Shares, Management And Use Of Proceeds From SOE EquitisationThe circular gives information on who can buy shares (strategic investors, local and foreign investors, employees, trade unions), how shares can be offered (public auction and direct negotiation) VietnamFinance and BankingACSV Legal
ArticleTaking Security In Vietnam: The How, The What, And The WhoIn Vietnam's bustling investment environment, companies are scrambling for liquidity to ramp up their operations. However, successful businesses need deep pockets if they wish to scale...VietnamCorporate/Commercial LawACSV Legal
ArticlePlan To Resume Business Operations In Industrial Zones In Binh DuongBinh Duong has issued a plan to resume business operations in the industrial zones. It sets out the obligations for companies and employees.VietnamCoronavirus (COVID-19)ACSV Legal
ArticleElectricity Generation Price Range For Solar And Wind Power PlantsAt the end of 2020, the feed-in tariffs (FiT) regulation for solar power projects expired, and in late 2021, the same happened for wind power projects. However, some projects...VietnamEnergy and Natural ResourcesACSV Legal
ArticleLegal Update Power Development Planning 8 Of VietnamAfter almost four years after the first draft was presented by the Ministry of Industry and Trade (MOIT) to the Government, Vietnam's national power development planning for the period...VietnamEnergy and Natural ResourcesACSV Legal
ArticleNew Law On Bidding In VietnamOn 23 June 2023, the National Assembly of Vietnam passed the Law on Bidding 2023 (the "2023 LOB"), which replaces the Law on Bidding 2013 (the "2013 LOB").VietnamGovernment, Public SectorACSV Legal
ArticleAdministrative Violations Involving Cultural And Advertising ActivitiesDecree 38 provides a better scope defining to which entities it applies.It also introduces several more severe penalities for violations related to advertising for certain products...VietnamMedia, Telecoms, IT, EntertainmentACSV Legal
ArticleNew Law On The Protection Of Consumers' RightsThe new Law on Protection of Consumers' Rights will be effective from 1 July 2024 (LPCR 2023). It replaces the Law on Protection of Consumers' Rights 2010 (LPCR 2010).VietnamConsumer ProtectionACSV Legal
ArticleGradual Re-Opening And Socio-Economic Development Of HCMCDirective 18 provides information on which businesses can open and which not yet and under which conditions. It also prescribes the obligation to use QR codes for movement and proof of vaccination. VietnamCoronavirus (COVID-19)ACSV Legal