Entering a new market can be a game changer for businesses in the consumer industry, but it can come with some significant legal risks. Consumer protection laws, supply chain issues, product regulation, data privacy issues,...more
9/16/2020
/ Antitrust Provisions ,
Business Development ,
Business Formation ,
Business Pursuits ,
Doing Business ,
Germany ,
Indonesia ,
Intellectual Property Protection ,
Singapore ,
UK ,
Vietnam
Vietnam is one of the most dynamic emerging markets in Southeast Asia. A population of more than 96 million – 70% of whom are under the age of 35 – experiencing rapid and continuing growth in discretionary income has fuelled...more
On 17 June 2020 the National Assembly of Vietnam adopted Law no. 61/2020/QH14 on investment (amended LOI) and Law no. 59/2020/QH14 on enterprises (amended LOE), which will take effect from 1 January 2021 and replace the...more
One week before the new decree for implementing the 2018 Law on Competition comes into force on 15 May 2020, the Vietnam Ministry of Industry and Trade (MOIT) announced merger clearance decisions for two offshore...more
On 6 April 2020 the prime minister of Vietnam issued Decision 13 which sets out a new and long awaited feed-in-tariff regime for solar power projects in Vietnam to apply from 22 May 2020.
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On 24 March 2020 the Vietnamese government signed off the second decree to implement the new Law on Competition: Decree No. 35/2020/ND-CP (Decree 35). Decree 35 will take effect from 15 May 2020.
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After much consultation and heated debate, Vietnam adopted a new Labor Code on 20 November 2019 ("Labor Code"), which will come into effect on 1 January 2021, and replace the current law which dates from 2012. While Vietnam's...more
12/4/2019
/ Anti-Discrimination Policies ,
Employer Rights ,
Employment Contract ,
Employment Discrimination ,
Fixed-Term Labor Contracts ,
Hiring & Firing ,
International Labor Laws ,
Labor Code ,
Labor Regulations ,
Labor Relations ,
Vietnam ,
Wage and Hour
On 1 July 2019, Vietnam’s new Law on Competition (“Competition Law“) took effect. On 26 September 2019, the government issued the first implementing instrument, Decree No. 75/2019/ND-CP (“Decree 75“). Decree 75 is the first...more
Read the latest news on antitrust, competition and economic regulation (ACER) in this Summer's edition of our quarterly ACER newsletter.
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10/1/2019
/ Anti-Competitive ,
Antitrust Provisions ,
Antitrust Violations ,
China ,
Competition ,
Competition Authorities ,
Criminal Investigations ,
Department of Justice (DOJ) ,
Digital Markets Strategy ,
Hart-Scott-Rodino Act ,
Indonesia ,
Procurement Guidelines ,
Regulatory Oversight ,
Resale Pricing ,
State Administration for Market Regulation (SAMR) ,
Vietnam
The U.S.-China trade war's rhetoric and ramifications have affected its economies but also nations worldwide. The effects on Vietnam though, shine out. Rather than negatively impacting Vietnam, the Southeast Asian nation has...more
On 1 July 2019 the Vietnamese government issued new regulations pursuant to Decree No. 59/2019/ND-CP (the New Regulations), which will take effect on 15 August 2019.
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On June 12, 2018, the Vietnamese National Assembly passed the Law on Cybersecurity (the “Cybersecurity Law“), which will take effect on January 1, 2019....more
11/15/2018
/ Cybersecurity ,
Data Protection ,
Data Retention ,
Data Storage ,
Internet ,
New Legislation ,
Personal Data ,
Popular ,
Regulatory Requirements ,
Telecommunications ,
Vietnam
As we had previously advised, the Vietnamese government has taken concrete steps to bolster its anti-corruption regime. The new penal code, which went to effect 1 January 2018, extended the application of certain corruption...more
The emerging education market in Vietnam is attracting interest from foreign higher education institutions and investors. Increasing disposable income, rapid urbanization, and rising living standards are driving local demand...more
Vietnam's retail sector is among the fastest growing in Asia, with increasing disposable incomes, rapid urbanisation, rising living standards and a relatively young consumer base. These factors have, together, fuelled...more