Safeguards essential for e-commerce data

Safeguards essential for e-commerce data

The rapid growth of e-commerce has highlighted the urgent need for an appropriate legal framework, particularly in areas such as tax administration and personal data protection. Senior associate Thai Gia Han and junior associate Nguyen Trung Nghia from Indochine Counsel write about the new aspects of tax and personal data protection regulations for e-commerce in Vietnam.
Financial hubs are bold reimagining

Financial hubs are bold reimagining

Vietnam is accelerating its ambition to become a recognised global financial hub. Associate Ngo Dang Loc and managing associate Le Mai Phuong from Indochine Counsel explain how the country is poised to attract world-class investors and cultivate a vibrant business environment.
From idea to market: fintech sandbox takes shape

From idea to market: fintech sandbox takes shape

Effective from July, a long-awaited controlled testing mechanism for fintech solutions in the banking sector will be established. This will be Vietnam’s first official framework for piloting innovative banking-related technologies under the direct supervision of the State Bank of Vietnam (SBV).
Legal protections for local companies

Legal protections for local companies

The lack of clarity regarding final import tariff levels to be imposed by the United States has left many international businesses navigating a volatile trade landscape.
Drawing insights from data law draft

Drawing insights from data law draft

Following the issuance of the Data Law, which is set to take effect on July 1, the government has released several drafts on its implementation.
Sandbox for crypto assets in Vietnam: if not now, when?

Sandbox for crypto assets in Vietnam: if not now, when?

Vietnam has emerged as one of the world’s most dynamic cryptocurrency markets.
Securities law reflects alignment efforts

Securities law reflects alignment efforts

After four years of implementing the Law on Securities, regulatory updates have become necessary to close loopholes and tighten oversight, enhancing market integrity and transparency. Partner Dang Hoan My and associate Ngo Dang Loc of Indochine Counsel look at the details.
New law marks shift for electricity market

New law marks shift for electricity market

Last year the National Assembly issued the new Law on Electricity, which took effect from February 1. Pham Hoang Vu, associate and deputy head of project and infrastructure, and Pham Dac Hoang, junior associate of Indochine Counsel, outline key highlights of the law that could potentially transform Vietnam’s energy sector.
Indochine Counsel launches new corporate identity

Indochine Counsel launches new corporate identity

Indochine Counsel has announced the launch of its new corporate identity, marking an important milestone in the firm’s continuous growth and evolution.
Key developments for ID's at credit institutions

Key developments for ID's at credit institutions

Ngo Dang Loc, associate, and Vu Pham Huyen My, legal assistant at Indochine Counsel, have a look at the role of independent directors at credit institutions.
Virtual assets in Vietnam: a regulatory outlook

Virtual assets in Vietnam: a regulatory outlook

With the rapid development of digital technology, Vietnam has yet to officially acknowledge virtual assets.
Investors must be wary of the status of digital assets

Investors must be wary of the status of digital assets

Vietnamese laws are currently silent on whether digital assets are lawful assets. Authorities express their own views on the legality of cryptocurrencies and their related transactions, while court judgments also differ, adding more obscurity to the status of cryptocurrencies.
Nuts and bolts of new personal data decree

Nuts and bolts of new personal data decree

Last month the government in Vietnam finally issued Decree No.13/2023/ND-CP on personal data protection (PDP). The decree will take effect from July; however, micro, small, and medium-sized enterprises as well as startups (excluding data processing companies) are optionally exempted for two years.
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