Legal Updates & Publications

Our legal analysis discusses Vietnam’s Commercial Law and the ways in which it is sometimes manipulated to impact adversely on share sale and purchase transactions in Vietnam. Our authors explore whether or not the Commercial Law was intended to regulate share sale and purchase transactions and the manner in which it is sometimes deployed by share sale and purchase participants in ways that are unlikely to have been envisaged by its authors.

On 20 June 2023, the National Assembly of Vietnam passed the Law on Protection of Consumers’ Rights, which will come into force on 1 July 2024, superseding the current Law on the Protection of Consumers’ Rights No. 59/2010/QH12

Vietnam’s on-the-spot (OTS) export and import customs clearance procedures which are regulated under Article 35, Decree No. 08/2015/ND-CP of the Government dated 21 January 2015 (Decree 08)

The State Bank of Vietnam (SBV) has released two instruments to amend, supplement, and revise the current regulations to both onshore and cross-border lending activities

In 2013, the Organisation for Economic Co-operation and Development (OECD) introduced the Global Minimum Tax (GMT) rate, which has been agreed upon by 142 countries and is to be officially implemented from 1 January 2024.

The National Assembly of Vietnam passed the former Law on E-transactions (Former Law) 18 years ago at the early stages of Vietnam’s information technology infrastructure.

The Law on Insurance Business was promulgated on 16 June 2022 and became effective on 1 January 2023.

Dispute resolution procedures are normally provided for in contracts and agreements to settle a creditor’s claims, but what happens when the debtor’s bankruptcy is imminent?

Vietnam’s long-awaited Power Development Plan (PDPVIII) for the period 2021 – 2030, with a vision to 2050, was approved by the Prime Minister of Vietnam on 15 May 2023.

The Just Energy Transition Partnership (JETP) is an initiative and political declaration between the public (International Partners Group-member countries), the private sector (Glasgow Financial Alliance for Net Zero Working Group), and the Government of Vietnam

After more than two years since the first introduction of the draft in 2021, the Decree on Personal Data Protection, Decree No. 13/2023/ND-CP (Decree 13)

On 17 April 2023, the Vietnamese Government agreed in principle with the Ministry of Finance’s proposal of reducing the VAT rate from 10% to 8% 

Maritime, shipping, and shipbuilding industries play a crucial role in the global economy. These industries transport goods and resources across international waters, including goods and resources that may have geo-political implications and consequences should there be any supply chain disruptions, and their impact on national economies, including Vietnam, cannot be underestimated.

Are the laws of Vietnam on cybersecurity and data protection the only body of law applicable to data processors and data controllers domiciled in Vietnam?

Vietnam’s construction industry is billeted as among the best performing in the Asia-Pacific region, with growth expected to continue throughout the decade

After the first issuance of the Draft Decree on Personal Data Protection (the Draft DPDP), the Ministry of Public Security published the second Draft DPDP (which is currently the latest version made available to the public) on 9 February 2021 for further public consultation. Despite specifically setting out 1 December 2021 as the effective date, the Draft DPDP is still under the process of drafting and the date of promulgation is still thus unclear.