Insights

Insights

Amendments to the Securities Law 2019: What is the real goal of this latest amendment?

After more than 5 years of implementation, the Securities Law 2019 has contributed to creating a relatively complete legal framework for the Vietnamese stock market. However, the current economic, technological and capital market development requirements have changed significantly. It is worth noting that the amendment to the Securities Law being consulted by the Ministry of Finance in June 2026 is not a comprehensive reform like in 2019, but an amendment with very specific goals: removing legal bottlenecks to serve economic growth, upgrading the stock market and creating space for new financial models .

IPO in Vietnam: Businesses need to prepare carefully for legal work

Many businesses believe that Initial Public Offerings (IPOs) officially start when the company offers shares to the public or lists them on the stock exchange. However, from the perspective of legal and corporate governance, IPOs actually started a long time ago. Even for many large-scale enterprises, the preparation process can take from two to three years before the date of submission to the State Securities Commission. Because when IPO, businesses not only sell shares to investors but also have to prove to the market that they are transparent enough, compliant enough and have enough management capacity to become a public company.

Determining the applicable foreign ownership limit: Why do enterprises still face uncertainty?

Determining the Foreign Ownership Limit (FOL) has long ceased to be a technical issue for public companies. For many businesses, FOL can determine the ability to attract strategic investors, expand international capital, or even influence future capital raising plans. However, this is also one of the contents that makes businesses confused in the process of complying with the current securities law .

Ads using "first", "only", "number 1": What do businesses do to comply and avoid legal risks?

Today, competition between businesses takes place not only in product quality but also in the ability to occupy consumer perception. Therefore, phrases such as "No. 1 in Vietnam", "unique in the market", "best solution", "leading brand", "No.1", "leading brand" or "best choice" appear more and more popular in advertising campaigns.

Draft guidance on the High Technology Law: Shaping Vietnam's future technology development strategy

The Law on High Technology 2025 (effective from July 1, 2026) identifies the development of high technology and strategic technology as a strategic breakthrough for rapid and sustainable socio-economic development and improving national technological autonomy. On that basis, the Draft Decree detailing a number of articles and measures for the implementation of the Law on High Technology ("Draft") continues to concretize many important contents related to high-tech research and development, high-tech enterprises, high-tech research and development centers, etc hi-tech parks, as well as the state management mechanism for high-tech activities. In general, the Draft shows that Vietnam not only wants to attract investment or application of high technology, but also aims to gradually master, exploit and commercialize technology.

When is a business entitled to temporarily suspend payment for goods, and what are the key considerations?

The payment obligation is often seen as the end point of a purchase and sale of goods. After receiving the goods, many businesses implicitly think that they must make full and timely payments, and problems related to quality or disputes will be resolved later. However, business practices show that there are many cases where goods have been delivered but do not meet the quality standards, specifications or requirements agreed upon by the parties in the contract.

Visualizing Vietnam's development orientation from the strategic technology portfolio and strategic technology products

When the Prime Minister issued Decision No. 21/2026/QD-TTg on the list of strategic technologies and the list of strategic technology products , many people may see this as a mere technical document to identify priority areas for investment and development support. However, if we look deeper into the structure of the list, the accompanying explanatory reports and the "big problems" proposed by ministries and sectors, it can be seen that this is actually a relatively clear outline of the development model that Vietnam is aiming for in the coming decades.

Legal opinion for businesses: must be really effective and clear

In corporate legal consultancy activities, legal opinion/advisory memorandum is often considered as the "final product" showing the professional capacity of lawyers and law firms. It is not only a written response to a legal question, but also a basis for businesses to make decisions on management, investment, transaction or risk handling.

Reduction of conditional business lines: Greater emphasis should be placed on quality and effectiveness rather than quantity

For many years, reforming investment and business conditions has always been considered one of the important focuses of the process of reforming economic institutions in Vietnam. From major reviews in the spirit of Government Resolutions to recent administrative procedure reduction programs, the goal throughout is to reduce compliance costs, create a more favorable business investment environment for businesses, and promote economic growth.

Why should enterprises conduct legal training on personal data protection for employees?

For many years, when it comes to legal compliance in businesses, people often think of issues such as taxation, labor, fire protection, production safety, or internal controls. However, in the context of strong digital transformation, personal data has become a type of "special asset" of businesses and at the same time an object of increasingly tight protection by law.

The paradox of personal location data

In the digital economy, a person's location data tells a lot of things, from where they are, where they live and work, who they often meet, what habits they move into, and what behavioral groups they may belong to. Location data from this perspective has the highest commercial value for businesses, and is also one of the types of data with the greatest privacy risk from a consumer perspective.

Legally binding of the LOI: Don't just treat the "letter of intent" as just an opening procedure

In many mergers and acquisitions (M&A) transactions, the parties often devote most of their attention to the formal transfer agreement, while the Letter of Intent (LOI) is just a goodwill starter. However, international practice shows that many major disputes start from this seemingly "non-binding" document itself.