Initial DEX offerings (IDOs) in Vietnam – a novel fundraising approach

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(Published on Vietnam Investment Review) Blockchain technology is bringing a significant revolution and growth in various industries, including capital raising. Pham Duy Khuong, managing director at ASL Law, explains why Vietnam must soon develop a mechanism to regulate this new form of investment. The current wave of IDOs (initial DEX offerings) is sweeping the nation…

What is an administrative violation in Vietnam?

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According to Clause 1, Article 2 of the Law on Handling of Administrative Violations (2012), an administrative violation is an act committed by an individual or organization that violates the law on state management, which, however, does not constitute a crime, and as required by law, must be administratively sanctioned. To know whether an act…

Regulations on the credit rating of bonds in Vietnam

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The importance of a business registration license in Vietnam

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Procedures and documentation for starting a business are usually a subject of interest for someone who is about to establish one. Apart from the required legal documents and sub-licenses, there is one thing that no unit can overlook. That is the certificate of business registration. What is a business license, exactly? What is the significance…

Cleaning up legislation for NFT success in Vietnam

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(ASL LAW’s article published in the Vietnam Investment Review). Traditional games are becoming more advanced through blockchain and non-fungible tokens. However, there are still many barriers that make the technology difficult to develop and greatly affect investment prospects. Accordingly, we need to clean up legislation to be able to develop these new technologies and create…

The Ministry of Industry and Trade proposes new regulations on management of multi-level marketing activities in Vietnam

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Client’s Inquiry: Could you brief the establishment of a new company in retail service on lazada in Vietnam?

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Company establishment in Vietnam: Could you brief the establishment of a new company in retail service on lazada in Vietnam and provide us a quotation if we decide to engage your firm for this matter? ASL LAW’s ADVICE First of all, ASL Law would like to send our regards and sincere thanks to you for…

Client’s Inquiry: How to establish a Game Company in Vietnam?

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First and foremost, ASL Law would like to send our best wishes and sincere gratitude to you (hereafter referred to as “Client”) for contacting our legal services. We understand that you are looking for legal guidance about opening a game company in Vietnam and game license in Vietnam. As a result, we are pleased to…

Vietnam: Contributing capital, buying bank shares illegally will be fined up to VND 250 million

Vietnam: Contributing capital, buying bank shares illegally will be fined up to VND 250 million

Conditions for real estate business in Vietnam from March 1, 2022

Conditions for real estate business in Vietnam from March 1, 2022
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