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Articles

Vietnam: Legal Update on the Decree detailing a number of articles of the Law on Cybersecurity
  • Lexcomm Vietnam LLC
November 2022

Decree 53, on the Law On Cybersecurity sheds light on some of the hotly debated requirements under the Law, such as data localisation and local presence requirements. Similar to the Law on Cybersecurity, the scope of application under Decree 53 is extended to not only local entities but also foreign entities.


Vietnam: Comparison Between VAS and IFRS Accounting Standards
  • Grant Thornton Vietnam
November 2022

In this publication, we summarize the main differences in the recognition of sales revenue, and specific situations in the cases of businesses selling through different sales channels, including sales programs. sales promotion.


Vietnam Merger Control Guide
  • Allens Vietnam
November 2022

Vietnam’s updated merger control regime took effect from 15 May 2020. The regime substantially expands the scope of transactions subject to the merger filing requirement, capturing more M&A transactions in Vietnam and offshore.


Doing Business in Vietnam 2022
  • Grant Thornton Vietnam
November 2022

This guide will bring helpful information to foreign investors, particularly those who consider starting their business in Vietnam. The guide mainly consists of the latest insights on a brief overview of Vietnam’s economy, key sectors for investment, compliance matters in terms of entity formation, accounting, tax, and labour perspectives in Vietnam.


Vietnam: Recommendations for precise determination of the market value of land
  • Lexcomm Vietnam LLC
October 2022

The Ministry of Natural Resources and Environment has recently issued the Draft Land Law (amended) for public comments to overcome the shortcomings and limitations of the Land Law 2013, and at the same time, add new policies to adjust some issues arising in reality.


Seven issues to be clarified in an agreement among the founding shareholders of a company in Vietnam
  • BLawyers Vietnam
October 2022

When setting up a company, the founding shareholders often ignore the conclusion of a founders’ agreement. This article discusses some issues founders should clarify in a Founders Agreement regarding dispensable disputes.


Vietnam tightens regulations on corporate bonds
  • Allens Vietnam
October 2022

The Vietnamese Government has issued the new Decree 65 governing the offering and trading of privately issued corporate bonds. In this article, we examine the key features of the decree and outline how they differ from the existing Decree 153 on corporate bonds.


Insolvency in Cambodia
  • BNG Legal
September 2022

Whilst Cambodia promulgated its Insolvency Law in 2007, actual use of the law to date has been limited. However, the Law does provide the rules and framework for insolvency proceedings and governs both foreign and domestic business people and legal entities that own assets in the Kingdom of Cambodia.


Cambodia: Law On Competition
  • BNG Legal
September 2022

The Law on Competition came into force in October 2021 and governs any activities that prevent, restrict or distort competition, and establishes and determines the authority of the Cambodia Competition Commission (“CCC”). This article summarises key points in the law.


Vietnam: Securities Investment Fund
  • ADK Lawyers
August 2022

According to Article 4.37 of Law on Securities 2019, a securities investment fund is a fund established through capital contribution by investors to make investment in securities or other assets, including real estate.


A snapshot of ESG in Vietnam
  • Allens Vietnam
August 2022

In this Insight, we give an overview of ESG and the legal landscape in Vietnam and examine the key legal considerations for each of the three pillars of ESG.


Myanmar - Labelling Order and Rules For Pre-Packaged Foods
  • DFDL Myanmar
July 2022

The Myanmar Food and Drug Board of Authority ("FDA") has issued a notification on labeling standards for pre-packaged foods, followed by two directives detailing the criteria for edibles that do not require a date of production and for a revised classification of edible products.


Legal Issues And Procedures For Issuance Of Stock Options For Employees
  • ADK Lawyers
July 2022

Currently, there are no specific regulations concerning the issuance of Stock Options for a Company’s employees in the Law on Enterprises 2020 and the Law on Securities 2019. This article discusses stock options, their issuance, the process, exercising stock options, and other key matters.


VCCA Annual Report 2021
  • DFDL Vietnam
July 2022

The Vietnam Competition and Consumer Authority (“VCCA”) recently issued its Annual Report for 2021 (“Report”). In this Client Alert, we outline the information provided by the VCCA on its activities related to the Law on Competition (2018) (“Law”) in 2021.


The Formalities and Procedures of the MLMUPC To Issue a Construction Permit
  • BNG Legal
July 2022

This article covers only the formalities and procedure for the issuance of construction permits at the Ministry of Land Management, Urban Planning and Construction based on the new Prakas No. 013. PK 013 consists of 7 Chapters and 23 Articles, and its annexes consist of the official application forms.


Problems employers must solve when forcing an employee to leave their job before expiry of a labour contract
  • BLawyers Vietnam
July 2022

This article discusses some of the key issues for enterprises to consider, in order to minimize the risks from the unilateral termination of LC signed with their employees and avoid “dispensable lawsuits”.


Commercial Agencies And Three Notes Under Vietnamese Laws
  • BLawyers Vietnam
June 2022

Commercial agency is one of 4 commercial intermediary activities of a trader regulated by Vietnamese laws (along with trader representative, commercial brokerage, purchase, and sale of goods by mandated dealers). What is a commercial agency and what are notes about a commercial agency under Vietnamese laws?


FAQ on Mediation in Southeast Asia
  • DFDL Singapore
June 2022

The inaugural edition of FAQ on Mediation in Southeast Asia is an essential guide to the benefits and challenges of commercial, court-ordered and private-party mediation. The engaging Q&A format asks all the questions you have about this emerging trend, followed by sharp and insightful answers provided by DFDL and Harry Elias' team of conflict-resolution experts.


Draft Circular proposes significant changes for foreign lenders and domestic borrowers
  • Allens Vietnam
June 2022

The Draft Circular replacing the current circular No. 12/2014/TT-NHNN on conditions for non-government guaranteed cross-border foreign loans was released on 11 May 2022 for public consultation. It proposes to tighten conditions for taking out these loans, in order to manage Vietnam's overall borrowing exposure and ensure proper use of foreign loans.


Myanmar: Banking and Finance Update Compendium
  • DFDL Myanmar
June 2022

In this compendium, DFDL has tracked all relevant notifications, directives, announcements, guidelines and clarifications relating to the banking and finance sector issued to the Central Bank of Myanmar and the Ministry of Commerce to provide a summarized analysis of the latest legislative developments that have taken place in Myanmar.


Features

Legal Terms Bilingual Index

Important Vietnamese legal terms can be looked up, with the corresponding term in the other language presented (Vietnamese <-> English). Very helpful resource for those professionals working in both languages

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