ASL LAW advised JB Financial Group (Korea) on a strategic investment deal in Infina (M&A in Vietnam)

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The JB Financial Group from Korea has completed a strategic investment deal in Infina. The signing ceremony for the strategic investment was held at the headquarters of JB Securities Vietnam. ASL LAW proudly advised JB Financial Group on the M&A deal. According to information from the leadership of both sides, this investment aims to strengthen…

ASL LAW continuously advised JB Financial Group on a strategic investment contract with OKXE

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At the end of the first quarter of 2024, JB Financial Group (JBFG) announced the signing of a strategic investment contract to invest in OKXE – a South Korean startup with a motorcycle trading platform in Vietnam. ASL LAW is honored to continue to advise JB Financial Group on this M&A deal. According to the…

What can be inferred from the Vietnamese Court’s annulment or non-annulment of arbitral awards in two recent cases?

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In recent years, the method of resolving disputes through commercial arbitration has been increasingly preferred by businesses in Vietnam due to several advantages such as agility, flexibility in procedural matters, high confidentiality, or the parties’ right to negotiate in dispute resolution. However, the challenge posed to this dispute resolution method is the enforceability of arbitral…

Important points of China’s new decree on the development and regulation of cross-border data processing

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On March 22, 2024, China issued a decree on the development and regulation adjustments of cross-border data flows. This is a significant legal document guiding the regulation and establishment of information and personal data protection when processed or transferred across borders in China. In the global digital economy, cross-border data movement is crucial, driving innovation,…

ASL Law awarded top honors by industry

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(Published in Vietnam Investment Review) ASL Law has been awarded top honors by several different ranking organizations yet again. According to results recently announced by several law firm ranking organizations, ASL LAW, an independent and full-service Vietnamese law firm, has been ranked as the top-tier law firm in Vietnam in different practical areas. In early…

Navigating M&A in Vietnam: Compliance with New Regulations on Personal Data Protection, IP Law, and Global Minimum Tax

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At the GC Summit 2024 event, held in collaboration with Legal500, ASL LAW emphasized the important factors in conducting M&A activities in Vietnam, specifically regarding regulations on personal data protection, intellectual property law, and requirements for global minimum tax. THE FULL PRESENTATION SLIDE CAN BE DOWNLOAD HERE. Businesses engaging in M&A transactions in Vietnam need…

Just released: Cryptoassets and Property Law (civil law edition) in China, Indonesia, Japan, Thailand, and Vietnam (Download)

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The Asian Business Law Institute (ABLI) recently released the Cryptoassets and Property Law (Civil Law Edition) publication with support from the Singapore Academy of Law. The publication features excerpts comparing Property law and Cryptoassets law in China, Indonesia, Japan, Thailand, and Vietnam. Lawyer Pham Duy Khuong, ASL LAW‘s managing partner, proudly contributed to the legal…

Perspectives on employees’ right to strike according to the Vietnamese Labor Code

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The right to strike of employees in the Vietnamese Labor Code reflects progress and fairness in labor relations in the market, the most fundamental factor in creating material wealth for the economy. Organizing strikes is not only a means to protect the interests of employees but also a mechanism to regulate labor relations, creating conditions…

New highlights of the Credit Institutions Law 2024

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On the morning of February 19, 2024, representatives of the Office of the President of Vietnam announced the full text of the President’s Order on the promulgation of the amended Land Law and the amended Credit Institutions Law, which were passed by the 15th National Assembly at its extraordinary general meeting, the fifth of the…

Highlights of the Vietnam’s Land Law 2024

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As part of a significant step in adjusting and reforming the legal system regarding land, the Land Law 2024, amending and replacing the Land Law 2013, has been enacted with the paramount mission of creating an effective and transparent legal framework while ensuring fairness and sustainability in land management and use. This law is not…

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