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Vietnam: Key Changes in Draft Telecoms Law regulating Data Centers, Cloud Computing, and Over-The-Top (OTT) Communication Services
The National Assembly of Vietnam is set to discuss the Draft Telecoms Law in May 2023 and finalize it in October 2023. The proposed law aims to expand the coverage of the existing legislation to include IoT devices, data centers,...
Update on Regulations of Personal Data Protection in Vietnam and What Local/Offshore Companies/Platforms need to know
The draft Personal Data Protection Decree (PDPD) was introduced in 2021 and was hailed as a significant step towards data privacy regulation in Vietnam, with the potential to be the Vietnamese counterpart to the GDPR as a new standard for data...
ECOVIS Vietnam Law named Attorney Nguyen Nhuan as Partner of the Firm
Ho Chi Minh City: ECOVIS Vietnam Law Firm is pleased to announce the promotion of Attorney Nguyen Nhuan to the position of Partner with the firm. Attorney Nguyen Nhuan focus his practice in corporate, commerce and technology law. He was...
Economy in Vietnam and opportunities for foreign investors
Vietnam is attracting the attention of investors in the whole world when its market’s potential is highly appreciated by experts and national policies in the coming time brings promising development opportunities for enterprises. With the complicated situation of coronavirus pandemic,...
Policy on change and investment of infrastructure of Ho Chi Minh City and the satellite provinces
Ho Chi Minh City and the provinces: Dong Nai, Binh Duong, Long An, Ba Ria - Vung Tau of the southern key economic region are now urban areas focused on investment and development by the Government of Vietnam; make a...
Vietnam’s immigration policy – Update on March 2021
1. Continue to postpone immigration approval: Vietnam will continue to postpone entry for foreigners from 22 March 2020 to limit the spread of COVID-19. However, the Government of Vietnam still allows certain subjects to enter Vietnam when the following conditions...
The Regional Comprehensive Economic Partnership (RCEP – signed on November 25, 2020) and its impacts to Vietnam’s economy.
The RCEP Agreement is considered as the largest free trade agreement in the world, accounting for nearly 30% of global GDP and 30% of the world's population. The RCEP Agreement is expected to create many new opportunities for businesses in...
The new Law on Enterprises and Law on Investment effective from 1 January 2021 and their impacts.
From 2021, foreign investors in Vietnam will do business in a more favorable environment due to the effectiveness of the Law on Enterprise 2020 and the Law on Investment 2020. The new regulations will lead to benefits for enterprises to...