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Vietnam: A brief overview of Vietnam’s legal framework on Personal Data Protection

This article provides an overview of the current legal provisions related to personal data protection in relevant legislation, such as the 2006 Law on Information Technology, the 2015 Civil Code, and the 2018 Law on Cybersecurity, Decree No. 13/2023/ND-CP and the 2023 Law on Consumer Protection.

Vietnam: Handling Civil Claims In Vietnamese Criminal Proceedings

In criminal proceedings in Vietnam, civil claims (e.g., claims for compensation, repair of damaged property) often arise alongside criminal charges against criminals. The Criminal Procedure Code 2015 introduces the position of “civil claimants” and “civil defendants” to facilitate the handling of civil claims in Vietnamese criminal proceedings.

Vietnam: Understanding Market Access Requirements For Uncommitted Businesses Under Investment Law 2020

Article 9 of the Investment Law 2020 provides for three kinds of business for foreign investors. This article explains.

Vietnam: New Amendments To The Investment Law 2020

The National Assembly of Vietnam adopted a new law (the Amended Investment Law) to amend and supplement several provisions in Investment Law 2020. Most provisions of the Amended Investment Law take effect from 1 January 2025, except certain cases will take effect from 1 July 2025. In this post, we discuss some notable points in this Amended Investment Law.

Vietnam: Amended Decree on the Implementation of the PPPs

Hong Kong investors engaging in architectural services and technical consultancy in Vietnam

This update covers market access conditions for foreign investors and steps to establish a foreign-invested company engaging in the architectural and technical consulting services.

Vietnam: PDP 8 Revised – Vietnam’s 2030 Installed Power Capacity Targets

On 15 April 2025, the Prime Minister of Vietnam issued Decision No. 768/QD-TTg, approving the revised National Power Development Plan for the period 2021–2030, with a vision to 2050. This decision takes effect immediately upon issuance and replaces Decision No. 500/QD-TTg, dated 15 May 2023, which previously approved the national power development plan for the same period.

Cambodia: Workforce Restructuring in Cambodia – Legal Planning in Challenging Times

The global uncertainty recently escalated by the changes in U.S. tariff policies and the halt of USAID funding have posed operational challenges to business and non-business enterprises. In response to these challenges, enterprises have restructured their operations (and, in some serious cases, suspended their entire operations). The immediate and inevitable response is workforce restructuring.

Vietnam: Draft Personal Data Protection Law - Key Issues

The Draft Personal Data Protection Law, expected in 2025, introduces major updates to Decree 13/2023/ND-CP. Key changes include: Expanding data processing rules beyond digital environments, Mandatory encryption of sensitive data, Appointing certified data protection officers, Stricter rules for processing without consent, Separate consent requirements within corporate groups, Regular impact assessments and regulatory filings, Enhanced cross-border data transfer controls, Clearer contractual obligations.

Vietnam: Update on Trade Union Law

Effective from 1 July 2025, the Law on Trade Union No. 50/2024/QH15 introduces significant reforms to Vietnam’s trade union framework. This new Law expands the rights to establish and participate in trade unions, broadens eligibility to foreign employees and those without employment relationships, and clarifies provisions on trade union finance and contribution obligations.

Vietnam: Changes to Invoicing Regulations

On 20 March, the Government released Decree 70/2025/ND-CP setting out some new rules on invoicing, which will take effect from 1 June 2025.

Vietnam: Tax Policy on Invoices and Supporting Documents - Decree 70/2025/ND-CP

Effective from 1 June 2025, Decree 70/2025/ND-CP introduces key amendments to Vietnam’s regulations on electronic invoices. This Decree refines provisions under Decree 123/2020/ND-CP, focusing on enhancing compliance, simplifying e-invoice issuance procedures, and improving integration with the tax authority’s systems.

Vietnam: Notes on paying taxes when individuals have income arising from real estate leasing activities

In this article: 1) Determining the types of taxes that need to be paid when individuals have income from real estate leasing, 2) Other notes on tax declaration and payment when earning income from real estate leasing activities.

Vietnam: Sandbox Expected to Launch at Vietnam's Financial Centre in 2026 - A Golden Opportunity for Fintech Investors

As part of its digital transformation and global financial integration strategy, Vietnam is steadily developing its Regional and International Financial Center. One of the key initiatives supporting this vision is the issuance of a decree on the Regulatory Sandbox for the banking sector, expected to be officially launched in 2026.

Myanmar Enacts the Private Security Service Law of 2025

On 18 February 2025, the State Administration Council enacted the Private Security Service Law under Section 419 of the Constitution of the Republic of the Union of Myanmar. The Law establishes a regulatory framework for private security service companies and businesses employing private security servants.

Vietnam: Transfer Pricing Update 2025

On 10 February 2025, the Government of Vietnam issued Decree No. 20/2025/ND-CP, which amends and supplements certain articles of Decree No. 132/2020/ND-CP dated 5 November 2020, regarding tax regulations for enterprises with related-party transactions. Decree 20 will be effective from 27 March 2025 and applies from tax year 2024 onwards.

Cambodia: Notification on the Obligation to Comply with the Law on Associations and Non- Governmental Organizations

In 19 February 2025, the Ministry of Interior issued Notification No. 571 on the Obligation to Comply with the Requirements under the Law on Associations and Non-Governmental Organizations. Notification 571 serves as the fourth reminder from the MOI for associations and local non-governmental organizations to adhere to the obligations outlined under the LANGO.

Myanmar: Increase in Interest Rate on Excess Reserve Funds

On 21 March 2025, the Central Bank of Myanmar issued an order revising the interest rate on average excess reserve funds held in Myanmar Kyat above the minimum reserve requirement. This decision, made during the Monetary Policy Committee Meeting (1/2025) on 28 February 2025, aims to enhance bank liquidity, stabilize the banking sector, and ensure an accurate interest rate structure.

Vietnam: Navigating the new reciprocal tariffs

On April 9, 2025, President Donald Trump announced a 90-day pause on higher reciprocal tariff rates on specific countries. This, however, means the base tariff of 10% is still applied for now. Businesses should use the 90-day pause as an opportunity, not a resolution, to evaluate the impact.

Vietnam: New Decree 75/2025/NĐ-CP on Pilot Program for Commercial Housing Projects

Resolution 171/2024/QH15 introduces a pilot mechanism to develop commercial housing projects through land use rights agreements or existing land holdings. Supporting this, Decree 75, provides detailed guidance on the implementation of specific provisions under Resolution 171, offering a clear framework.