Vietnam: Legal Update on the Decree detailing a number of articles of the Law on Cybersecurity

Lexcomm Vietnam LLC

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.

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Lexcomm Vietnam LLC

Lexcomm Vietnam LLC is a Vietnam-based preeminent full-service commercial law firm with market-leading practices and an established bench of highly experienced Vietnam legal practitioners spread across our Hanoi and Ho Chi Minh City offices.

Our top-notch and commercially savvy Vietnam-qualified lawyers with a strategic perspective are known for being at the forefront of latest legal developments and best market practice trends. We take pride in our ability to build long-term relationships with a diverse and expanding Vietnam and international client base with sector focus.

We regularly handle numerous multibillion-dollar landmark market-first transactions in Vietnam. Our firm is distinguished by our top-level technical legal expertise and wealth of domestic market experience, and we are strategically positioned to assist international clients in navigating the changing Vietnam regulatory waters on the full range of high-profile transactional and contentious matters.

We advise clients on a variety of complex, cross-border and high-profile strategic transactions across the full spectrum of practice areas, including:

• banking and finance • compliance and regulatory
• capital markets • telecoms, media and technology
• energy and natural resources • dispute resolution
• projects and infrastructure • tax
• real estate and construction • employment and benefits
• restructuring and insolvency • intellectual property
• corporate and M&A  


Our firm has a particularly strong Vietnam footprint in energy and natural resources, projects and infrastructure, project finance, public private partnerships (PPP), telecoms, debt and equity capital markets, funds management, mergers and acquisitions. In addition, dispute resolution practice, particularly domestic and international arbitration, is a strategic focus for us.

We act for international banks, joint lead arrangers, multilateral lending agencies, export credit agencies, sponsors, infrastructure and energy funds, private equity firms, institutional investors and major works contractors.

Recent client testimonials in prestigious independent authoritative guides to law firms in Vietnam such as Legal 500, IFLR1000, Chambers APAC, and Asialaw Leading Lawyers include “Lexcomm Vietnam LLC provides ‘a very high level of service, market insight and genuine industry expertise in this space - the advice is always to the point’”, “one of the best law firms that we have worked with in the last three years”, “experienced lawyers in energy, oil and gas, infrastructure and project financing”, “acting for both the sponsor and lender on matters such as project finance, asset finance, leveraged and acquisition finance, and corporate finance”, “has a wealth of experience in advising an array of clients across a broad spectrum of upstream, midstream, power, petrochemicals, and mining exploration projects”, “responsive and always willing to go the extra mile”.

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  • Vietnam
  • Internet & Social Media
  • Data Protection & Privacy
  • Information Technology

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