Vietnams

Vietnam’s National Assembly Unleashes Innovation: Five Groundbreaking Laws to Propel Digital and Industrial Transformation

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HANOI, Vietnam — Vietnam’s National Assembly has passed five significant laws aimed at bolstering the country’s science, technology, and innovation sectors. This legislative move is a key step toward promoting digital transformation, industrial growth, and sustainable development within the nation. The new legislative framework includes the Law on Science, Technology, and Innovation; the Law on Digital Technology Industry; amendments to the Law on Product and Goods Quality; revisions to the Law on Standards and Technical Regulations; and an updated Law on Atomic Energy. Each of these laws has been developed with contributions from the Ministry … Read more

Legal Experts Warn: Vietnam’s New Licensing Regulations May Stifle Advocacy and Dissent

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HANOI, Vietnam — A new licensing rule in Vietnam is raising concerns among legal practitioners about its potential implications on the profession. Lawyers worry that the regulation could inhibit their ability to represent clients effectively and may discourage new entrants into the legal field. The licensing rule, which requires all practicing lawyers to obtain a government-issued license, has been met with skepticism from legal experts. They contend that the regulation could create a chilling effect, discouraging the independence of legal representation. Critics argue that the rule may serve to control the legal sector more tightly, … Read more

Unlocking Success: 5 Essential Insights on Vietnam’s ESG Laws to Protect Your Business and Boost Your Reputation

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HANOI, Vietnam — As businesses navigate a rapidly changing global landscape, understanding environmental, social, and governance (ESG) laws has become increasingly vital. Companies in Vietnam are facing heightened scrutiny regarding their ESG practices, affecting their reputations and operational success. Vietnam has made significant strides in implementing ESG regulations to align with international standards. This shift is essential for fostering transparency and accountability within the business sector. Corporations operating in Vietnam should prioritize compliance to not only meet legal obligations but also to build trust with consumers and investors. Investors are increasingly assessing companies based on … Read more

National Assembly Focuses on Legal Reform and Nationality Law Amendments: A Blueprint for Vietnam’s Future Development

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HÀ NỘI, Vietnam — The National Assembly convened on Saturday for its ninth session, focusing on a range of legislative proposals, including amendments to the Law on Vietnamese Nationality and the State Budget. This session continues the Assembly’s commitment to addressing significant legal reforms vital for the country’s progress. In a notable discussion, Party General Secretary Tô Lâm highlighted the persistent institutional bottlenecks affecting national development. He argued that reforming legal structures is essential for progress, emphasizing that current legislative initiatives are still in their nascent stages. Recent sessions, he noted, have increasingly prioritized legislative … Read more