Legal updates – Decree 13 on Personal Data Protection
Dear Value Client and Partner, Kindly be informed that recently, Decree on Personal Data Protection (“Decree 13/2023/ND-CP” or “Decree 13”) was passed by Vietnam’s Ministry of Public Security on 07 June 2023 and shall take effect from 01 July 2023. Pursuant to this Decree, the companies related to personal data arising from Vietnam is required to implement some following […]
New Regulations Effective From July 2023
SB Law supported a client to successfully resolve a commercial dispute through mediation at the Court
On May 08, 2023, SB Law assisted a Vietnamese trading enterprise operating in the field of distribution of goods to achieve successful mediation in court to resolve commercial business disputes arising from the performance of a sales agent contract with a partner operating in the field of cosmetic production and distribution. Specifically, during the process […]
SB Law supported a client to successfully resolve a dispute through mediation at the first instance court
On May 17, 2023, SB Law assisted a Vietnamese power cable manufacturing and distribution enterprise to achieve successful mediation results in court regarding the settlement of commercial business disputes arising from the performance of purchase and sale of goods contracts with a business partner operating in the same field. Specifically, during the process of cooperating […]
Certain regulations on the protection of personal data will come into effect from July 01, 2023
On April 17, 2023, the Government issued Decree No. 13/2023/ND-CP on the Protection of Personal Data. Accordingly, the Decree stipulates the following notable contents: First, the concept of Personal Data The Decree stipulates that “Personal data” refers to electronic information in the form of symbols, letters, numbers, images, sounds, or equivalences associated with an individual […]
Subjects and conditions to be considered for issuance of APEC Business travel cards
On April 12, 2023, The Prime Minister issued Decision 09/2023/QD-TTg stipulating order, procedures, authority, issuance, and management of APEC business travel cards. Accordingly, the Decision stipulates that the APEC Business Travel Card, referred to as the ABTC card, is issued by the competent authority of an APEC member economy to its business person after receiving […]
Decree 10/2023/ND-CP: Expectations to Boost Vacation Real Estate
On April 3, 2023, the Government issued Decree 10/2023/ND-CP amending and supplementing to several articles of Decrees on instructions for implementation of the Law on Land. This Decree will come into effect on May 20, 2023. Decree 10/2023/ND-CP has amended and supplemented several land policies to implement the Government’s overall direction to remove difficulties and […]
Allowing bond issuers to extend the term by 2 years
On March 5, 2023, the Government has just issued Decree No. 08/2023/ND-CP amending, supplementing and suspending the effect of a number of articles in the previous Decrees regulating private placement and trading of privately placed corporate bonds in domestic market and offering of corporate bonds in international market. A new highlight in Decree 08/2023/ND-CP is […]
Enquiry of start up financial company
Question:We would like to enquiry about start up business at Vietnam? Type of services: similar like Metatrader 4/ metatrader 5 Prefer location : Hanoi / ho chin Minh Did your firm provided such services? Such as licensing and law advise? We would like to confirm that at present, the Vietnam Government does not support business […]