Vietnam Amends Law on Electronic Transactions: Implications for Foreign Firms
The law in Vietnam on e-transactions, issued in March 2006, exhibits some shortcomings concerning modern electronic transactions. Therefore, to promote electronic trade, the National Assembly of Vietnam in June 2023 approved the revised Law on Electronic Transactions. Here’s what this might mean for foreign firms.
Supply Chain Sustainability in Vietnam: Responding to Labor and Environmental Regulations
New labor and sustainability regulations around the world are reshaping supply chains. Here’s how these regulations may impact foreign firms operating in Vietnam.
Vietnam’s National Data Center Project: Unpacked
Vietnam’s National Data Center Project has been approved by Resolution 175/NQ-CP. This is in line with the growing importance of data collection and storage in Vietnam. Here are the key takeaways.
Vietnam’s New Decree on Industrial Property Rights
The Vietnamese government recently introduced a new decree containing a set of guidelines for the establishment and safeguarding of industrial property rights. We discuss key provisions and implications.
Export Processing Enterprises in Vietnam: Eligibility and Alternatives
Export processing zones are a popular way to reduce tax liabilities in Vietnam, however, they can be somewhat challenging to establish. This brief overview outlines the requirements and the alternatives.
Vietnam Issues Draft Decree Guiding Implementation of Consumer Rights Protection Law
Vietnam’s National Assembly has issued a new draft decree providing additional details and clarity on a number of articles in the amended Law on the Protection of Consumer Rights (LPCR). Here’s what it says.
Draft Decree Aims to Drive Innovation in Vietnam’s Industrial Parks and Economic Zones
A new draft decree has been issued regulating industrial parks and economic zones in Vietnam. Feedback on the draft is currently being sought. We discuss key provisions seeking infrastructure development and setting up urban service areas.
Vietnam’s Cybersecurity Administrative Action Draft Decree
The third draft of Vietnam’s Cybersecurity Administrative Action Decree (CASD), set to take effect on December 1, 2023, brings forth crucial regulatory changes in the realms of cybersecurity and data protection. Here are the details.
Construction Industry in Vietnam: Design Software Regulations
The Ministry of Construction (MoC) has regulated the use of certain technologies in the design and construction of new dwellings and buildings. We discuss the scope of regulations and foreign investment opportunities in the application of digital technologies in Vietnam’s architecture, engineering, and construction industry.
Impact of the EU Strategy for Sustainable and Circular Textiles on Vietnam
The EU’s Strategy for Sustainable and Circular Textiles is likely to significantly impact textile production in Vietnam. Here’s an overview of what that impact might look like.