Last week I wrote about the process of obtaining approval for outward investment by Vietnamese citizens (see Establishing an Offshore Holding Company for Vietnamese Startups). For many Vietnamese startups, that’s only the first step in the process of reorganizing their
Indochine Counsel Blog
The Indochine Counsel Blog, published by Indochine Counsel, focuses on legal developments and regulatory issues in Vietnam, particularly in emerging sectors such as cryptocurrency, blockchain technology, and data privacy. It covers the impact of new laws and decrees on businesses operating in Vietnam, including cybersecurity regulations and data localization requirements. The blog also discusses government initiatives related to digital transformation and the digital economy. Its content is aimed at providing insights into the evolving legal landscape affecting technology, finance, and compliance in Vietnam.
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Establishing an Offshore Holding Company for Vietnamese Startups
A few weeks ago I wrote about Vietnam’s Outward Investment Problem. This was in relation to Axies Infinity which is an increasingly successful NFT based online game that is owned and operated by Vietnamese founders through a Singapore holding company.…
Laos, Cryptocurrency Mining, and Vietnam
In September, the government of Laos authorized six companies to mine and trade cryptocurrency. This last week they announced that as part of the country’s expansion into the cryptocurrency markets, they anticipate to include nearly 200 million USD in their…
New IP Law and LLC Incorporation Guides
I’ve recently taken on some responsibilities that consumed much of my time this last week, so rather than write a brand new blog post from whole cloth I’m going to cover a couple of our publications that hit the presses…
Vietnam Finally Amends E-Commerce Rules
A Guide to the Important Points for Cross-border E-Commerce Providers and Foreign Investors It’s been coming. We’ve been talking about the new regime for e-commerce and other elements of the internet for ages it seems. When will Vietnam finally issue…
Vietnam’s Outward Investment Problem
Again this week a Vietnamese e-commerce company is in the news for receiving multiple millions of dollars in funding from international Venture Capitalists. Fika, a dating app targeted at female users (see TechinAsia story here) was funded with one and…
NFT Gaming and Vietnam
Last week it was announced that Singapore company Sky Mavis raised 152 million USD on a valuation of three billion from major players in the Venture Capital universe. While I am not privy to the full structure of Sky Mavis,…
Covid-19 Legislation in Vietnam
In the last few weeks there have been several pieces of legislation passed through the government and various ministries to assist the country and its citizens in their struggle with Covid-19 and the economic fallout of the last several months…
Economic Concentration in Vietnam
The Ministry of Industry and Trade (MOIT) under the Vietnam Competition and Consumer Authority (VCCA) has recently issued its report on economic concentration activities in Vietnam over the period from July 2019 to July 2021. (You can access the report…
LFN Guide for Cryptocurrency Now Live
For some time now, Indochine Counsel has been part of the Law Firm Network (LFN) and participated in their sometimes publications. Just recently we provided a chapter on Vietnam’s treatment of cryptocurrency. As this blog regularly focuses on issues related…