- HM&P: Vietnam International Law Firm
- HM&P: Vietnam International Law Firm
- 02873080839
- https://hmplaw.vn/
Insights
Compared to both the number and scale of M&A transactions in a year, Vietnam's pharmaceutical M&A market is still too small and lacks the depth of a market that develops the core of proprietary drug technology, the pharmaceutical industry – where R&D (Research and Development) products are the driving force of the market and have decisive value. to the transaction and the transaction value is in the billions of US dollars.
In the context of the rapid development of the technology industry, especially in emerging markets such as Vietnam, convertible notes have become a popular fundraising tool for startups and technology companies. Convertible bonds allow businesses to access capital without immediately diluting ownership, while also providing investors with the opportunity to convert the loan into shares in the future. One of the most important elements of a convertible bond purchase agreement is the conversion condition, which stipulates when and how the debt can be converted into shares. This article will analyze in detail the aspects that businesses need to keep in mind when developing and negotiating transition conditions, from the practices from the contracts of BatteryXchange, Inc. and DoorDash , to help businesses optimize benefits and minimize risks.
Foreign loan repayment activities of enterprises play an important role in mobilizing capital for development. On September 30, 2022, the State Bank of Vietnam (SBV) issued Circular No. 12/2022/TT-NHNN (Circular 12), guiding foreign exchange management for foreign loans and repayment of foreign debts of enterprises not guaranteed by the Government. This Circular focuses on reforming administrative procedures, supplementing regulations on asset security, handling cases of separation of enterprises and improving the reporting regime. After more than two years of implementation, Circular 12 has contributed to perfecting the legal basis and creating favorable conditions for businesses to access foreign capital.
Cyberspace has become an integral part of children's lives. From online learning and social media entertainment, to gaming and accessing digital health services, children are generating and sharing vast amounts of personal data. However, children often lack awareness of the risks associated with collecting, using, and sharing this data, leading to problems such as misuse of information, targeted advertising, or even cybersecurity threats. Therefore, the protection of children's personal data in cyberspace has become a top priority in international legal frameworks.
In today's era of strong digitalization, personal data has become a valuable asset but also full of risks for organizations and businesses. With the rise of data breaches and stricter legal regulations, protecting personal information is no longer an option but a mandatory obligation. One of the most important tools for achieving this compliance is Data Mapping – also known as data mapping. Data Mapping not only helps organizations understand their "data panorama" but also serves as a foundation for the implementation of legal requirements for personal data protection globally, especially those from regulatory agencies.
In order to promote technology capital contribution activities in Vietnam, and at the same time minimize risks for parties, it is necessary to improve both the legal framework and the enforcement mechanism. Here are some of the recommendations of HM&P Law Firm ("HM&P") for this activity:
Resolution No. 68-NQ/TW dated 4 May 2025 of the Politburo on private sector development requires the timely formulation and improvement of laws as well as breakthrough mechanisms and policies to promote private sector growth in priority areas, particularly investment in research and development, the application of science and technology, innovation, and digital transformation. This is defined as a national strategy with the ambition of reaching regional and global levels, while fostering innovative entrepreneurship and legitimate wealth creation based on a strong and widespread foundation of indigenous technological advancement.
It can be seen from Resolutions 57 and 68 that placing technology at the core of development in the coming period is a strong and irreversible “mandate” for the nation and the business community in the new era. In this paper, we discuss a specific aspect within the broader field of technology development in Vietnam, focusing on the topic: The legal framework for capital contribution by technology in the new context of Vietnam.
The cosmetics industry in Vietnam has witnessed tremendous growth in recent years, with the participation of both local businesses and international brands. However, this development also entails regulatory challenges, especially in complying with regulations on quality management and product disclosures. The announcement of a product is a mandatory legal procedure, not only for the purpose of controlling the quality of the product before putting it on the market, but also as a basis for the competent state agency to conduct an inspection after the product has been circulated.
The challenges and difficulties of law firms in complying with the Law on Prevention and Combat of Money Laundering No. 14/2022/QH15 dated November 15, 2022 of the National Assembly are not merely a matter of lack of awareness or resources, but also systemic and specialized obstacles of the industry. In this article, from practical compliance activities, we would like to contribute and propose regulatory agencies to issue detailed guiding documents so that law firms have a full basis and the best compliance direction in this new field for law practice organizations in Vietnam.
Technology and digitalization are rapidly changing professional professions and legal fields that are not out of that spiral. Artificial Intelligence (AI) has become a powerful tool, helping lawyers and legal professionals improve their work efficiency, from document research to contract analysis. However, this convenience comes with challenges in terms of professional ethics, information security, and liability.
In Vietnam, labor disputes related to compensation for damages between enterprises and employees are increasing, posing great challenges in the proper application of the law. The case "Dispute over compensation for labor damages" between Joint Stock Company D (Company D) and Mr. To Hong Q1, which was heard by the People's Court of An Giang province on appeal with Judgment No. 01/2025/LD-PT dated 25/02/2025 is a typical example of these errors. This ruling not only rejects the company's claim for compensation, but also points out serious flaws in the way the enterprise handles the material liability of workers. This article analyzes the problems in the application of Company D's regulations, and provides some advice for businesses in labor management and strict compliance with the law in the process of claiming compensation from employees.
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