by Steven Jacob Cryptocurrency’s Rise Cryptocurrency in Vietnam is problematic. For one thing, it’s illegal. But that’s not the full story nor does it promise to be the last word on the issue. Vietnam is a large market, the fifteenth-most
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.
Latest from Indochine Counsel Blog - Page 9
Vietnam Employment Law Guide for 2021
By Le Nguyen Huy Thuy and Le Thi Khanh Hoan Key employment trends in major Asian markets The COVID-19 pandemic deleteriously affected the labor market and is predicted to continue negatively influencing employment trends across Asia in the upcoming year.…
P2P Lending in Vietnam
Like much of the Fintech space, peer-to-peer, or P2P, lending in Vietnam is a relatively new and growing field. It also remains largely unregulated. In an official letter issued a year and a half ago, the state bank of Vietnam…
Individual Data Privacy Rights in Vietnam
Continuing in my examination of data privacy and cybersecurity issues in Vietnam, this week I want to look at the issue of individual data privacy rights in Vietnam, what are a data subject’s responsibilities and their rights, and what can…
The Grab Gojek Merger in Vietnam
Earlier this month in a report by Bloomberg (here) and elsewhere the rumors seemed confirmed that Singapore’s Grab and Indonesia’s Gojek were in discussions anticipating a merger. While neither company is incorporated nor headquartered in Vietnam, they both have subsidiaries…
eKYC comes to Vietnam
In a piece of legislation passed just a couple of weeks ago, the government of Vietnam made it possible for banks to comply with a common anti-money laundering, or AML, requirement digitally. Know Your Client, or KYC, has long been…
New Legal Developments for Ride Hailing in Vietnam
Last week Grab drivers in Hanoi went on strike, shutting off their Grab accounts and refusing to respond to requests for rides or deliveries. Dressed in the now familiar green and white jackets and helmets they wear to identify them…
Data Localisation Requirements in Vietnam
While this article is about data localisation requirements in Vietnam, it is the first in a long series (occasionally interrupted) of blog posts I intend to write about data privacy and cybersecurity in Vietnam. This is part of my continuing…
Review of Vietnam Fintech Report 2020
Last week Fintech News, a digital news provider out of Singapore, launched their Vietnam Fintech Report 2020. The report examines the Fintech space in Vietnam, looking at current penetration within the country’s population and the startup scene as well as…
Operating e-wallets in Vietnam
In the near future I’m looking to move into more tech involved matters. As such, I’m going to use this blog as a means to educate myself on the issues and laws related to certain matters important to the tech…