As the calendar turns to July 1, 2023, a new chapter in data privacy legislation will open in Vietnam. Decree No. 13/2023/ND-CP concerning personal data protection, henceforth referred to as “Decree 13,” commences operation. This pivotal piece of legislation bears relevance for agencies, organizations, and individuals spanning the globe who are engaged in the processing...Read More

Nghị định số 13/2023/NĐ-CP về bảo vệ dữ liệu cá nhân (“Nghị Định 13”) sẽ có hiệu lực thi hành kể từ ngày 01/07/2023, và được áp dụng cho các cơ quan, tổ chức, cá nhân trong và ngoài nước liên quan đến việc xử lý dữ liệu cá nhân tại Việt Nam. Trong quá...Read More

In the bustling sphere of Vietnam’s business investments, a prevalent practice emerges: the creation of multi-tiered subsidiaries. This structural strategy is geared towards establishing an entity that can potentially benefit from being treated as a domestic company under Vietnamese law, an advantage built upon the foundation of the Law on Investment No. 61/2020/QH14. Central to...Read More

Before diving into Share Subscription Agreements (SSA) and Share Purchase Agreements (SPA), parties often enter into preliminary agreements, such as a Letter of Intent (LOI), Term Sheet, or Memorandum of Understanding (MOU). This chapter will discuss these instruments, their content, and their role in the negotiation process. 3.1 The Role of LOI, Term Sheet, and...Read More

In any share transaction, it is crucial to understand the different types of buyers and sellers involved in Share Subscription Agreements (SSA) and Share Purchase Agreements (SPA), as well as their motivations. Furthermore, recognizing your own position in the negotiation can significantly impact the outcome. This chapter will discuss these aspects and provide examples to...Read More

Preface In today’s rapidly evolving business landscape, mergers, acquisitions, and investments are more prevalent than ever. As companies seek growth, expansion, and value creation, understanding the legal nuances of Share Subscription Agreements (SSA) and Share Purchase Agreements (SPA) has become essential for business owners, investors, and legal practitioners alike. With this in mind, we present...Read More

Introduction As the hospitality industry continues to evolve, hotel management agreements (HMAs) have become a popular way for hotel owners and operators to collaborate and maximize profitability. This type of arrangement is critical to the success of a hotel, defining the roles and responsibilities of each party and setting the foundation for a long-term partnership....Read More

Introduction As the Vietnamese economy continues to flourish, the legal market has become more competitive, with both local and international law firms vying for clients. While international law firms may seem appealing, partnering with a local law firm in Vietnam can offer several advantages. In this article, we will explore the benefits of choosing a...Read More

I. Introduction As Vietnam’s economy continues to grow, the country is becoming a hub for business opportunities and investments. If you are considering starting a business in Vietnam, understanding the legal framework is vital. One essential aspect to consider is the company constitution. This comprehensive guide will provide you with an overview of company constitutions...Read More

Introduction Litigation is a common method for resolving disputes in Vietnam, particularly when parties have not agreed to alternative dispute resolution methods such as arbitration or mediation. This article will provide you with an overview of the litigation process in Vietnamese courts, helping you understand the legal landscape and determine the best course of action...Read More