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…

Legal notes on the blockchain industry in Vietnam

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In recent years, with the young population making up the majority, the game market in Vietnam has been vibrant and full of potential to attract investors. Accordingly, with the development of technology, traditional games are gradually brought up with more modern and advanced technologies, especially Blockchain technology with the origin of NFTS (Non-Fungible Tokens) games….

Research and develop venture investment legislation in Vietnam

Research and develop venture investment legislation in Vietnam

The Government assigned the Ministry of Finance to study and develop policies and laws to encourage venture investment in Vietnam. The Ministry of Planning and Investment shall assume the prime responsibility for studying and reporting on the possibility of developing a Law on Venture Investment and submitting it to the Prime Minister for the period…

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…

Notes on condotel investment in Vietnam

Notes on condotel investment in Vietnam, condotel investment in Vietnam, condotel in Vietnam, Inadequacies and risks when investing in Condotel,

Condotel is an acronym for Condo & Hotel which means Apartment Hotel or Hotel Apartment. This is a very popular concept in the world market. However, it is still quite new in Vietnam and only got popular in a couple of recent years. The hype for condotel rises fast in Vietnam, but do the investors…

Vietnam’s Bidding Law should be revised to be suitable the worldwide market

Vietnam's Bidding Law should be revised to be suitable the worldwide market

The amendment of the Bidding Law aims to update regulations in line with the free trade agreements (FTAs) that Vietnam is a member of, create a favorable business environment, and promote innovation. Urgent requirement for comprehensive revision The promulgation and implementation of the Law on Bidding together with relevant laws have created an important legal…

Franchise matters when famous brands announce withdrawal from Russia

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A series of American and Western brands such as Subway Russia, McDonald’s, KFC, Taco Bell, Pizza Hut have announced their withdrawal from Russia. Is this said to be even possible? Answering this question sheds light on other aspects of franchise and global expansion through this transcendent business model. 1. A Series Of World Famous Brands…

Procedures for supervision and assessment foreign investment activity in Vietnam

Procedures for supervision and assessment foreign investment activity in Vietnam

The Ministry of Planning and Investment has just issued Circular 02/2022/TT-BKHDT guiding the supervision and assessment of an investment in foreign investment activities in Vietnam, effective from April 1, 2022. Guidelines for supervision and assessment of foreign investment activities in Vietnam This Circular stipulates the supervision and assessment of investment for foreign investment activities in…

Important investment protection agreements between Vietnam and other countries

Important investment protection agreements between Vietnam and countries around the world
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