- HM&P: Vietnam International Law Firm
- HM&P: Vietnam International Law Firm
- 02873080839
- https://hmplaw.vn/
Insights
Digital transformation is taking place vigorously in the field of public administration, with the Government gradually digitizing all processes and services to enhance management efficiency. From July 1, 2025, all administrative procedures on the National Public Service Portal will only be carried out through an electronic identification account issued by the Ministry of Public Security. For enterprises, the registration of this account requires the legal representative to have a level 02 personal electronic identification account. This is a big challenge for businesses whose representatives are foreign individuals - a group of subjects who face many problems in the process of registration and identity verification in Vietnam. The following article will guide in detail how to e-identify businesses in this particular case.
The APEC Business Travel Card (ABTC) is expected to be a "golden visa" to help Vietnamese entrepreneurs make international trade more convenient. However, the reality shows that the journey of applying for an ABTC card is a "endurance test" for businesses, not because the regulations are too strict but because of the lack of transparency and consistency in the way of applying legal regulations on card issuance in each locality.
Vietnam's economy being increasingly deeply integrated into the global value chain, economic concentration activities such as mergers, acquisitions, consolidations, or joint ventures between enterprises have become a prominent trend. These transactions not only reflect the dynamics of the market, but also pose a major challenge in ensuring healthy competition and protecting consumer rights. The 2024 Annual Report of the National Competition Commission (NAC), under the Ministry of Industry and Trade released on July 15, 2025, has provided a fairly comprehensive picture of e-commerce activities in Vietnam in the past year, and at the same time clarified the role of regulators in supervising and controlling these transactions in practice.
An Initial Public Offering (IPO) is an important milestone in the development journey of a business, marking the transition from a private company to a public company. In Vietnam, the capital market is developing rapidly, with exchanges such as the Ho Chi Minh City Stock Exchange. Ho Chi Minh City (HOSE) and the Hanoi Stock Exchange (HNX) play a central role in supporting businesses to raise capital through IPOs. However, the IPO process is not only a financial activity but also a complex legal process, requiring strict compliance with the provisions of Vietnamese law and international standards (if the IPO has foreign elements). In this context, the role of law firms becomes essential to ensure businesses overcome legal challenges, optimize processes, and achieve capital raising goals effectively.
In mergers and acquisitions (M&A) transactions, the purchase price of the target company is usually adjusted to reflect the actual financial position at the time of closing the transaction. A price adjustment mechanism is an important part of a share purchase or capital contribution, helping to ensure that the transaction value is in line with financial indicators such as working capital, cash and debt. This mechanism not only protects the interests of both the buyer and the seller but also minimizes the risk of financial fluctuations in the period from the signing of the contract to the completion of the transaction.
On 7 July 2025, at the Personal Data Protection Week 2025 held in Singapore, the Minister of Digital Development and Information, Ms. Josephine Teo, delivered an inspiring opening speech, emphasizing the importance of data protection, especially personal data in the context of a rapidly changing world. With the theme "Data Protection in a Changing World" , her speech addressed the challenges and opportunities that the development of technology, especially artificial intelligence (AI), brings in the field of data governance. This article will delve into the key takeaways from her speech and examine how Singapore is shaping a secure and reliable digital future.
Vietnam's insurance market growing and fiercely competitive, insurers are constantly looking for ways to affirm their position and attract customers. However, not all competitive strategies are implemented in a transparent and law-abiding manner. The case of FWD Vietnam Life Insurance Co., Ltd. (FWD Vietnam) being sanctioned by the National Competition Commission (NAC) for unfair competition is a remarkable "case study" for Vietnamese businesses to prevent risks that may arise in the course of business activities. The case of FWD Vietnam shows the importance of compliance with competition law in the context of building a fair and healthy business environment among businesses.
E-commerce and digital transformation playing an increasingly important role in business activities, domain names are no longer just an access address on the Internet, but have become valuable commercial assets, associated with the brand, reputation and presence of businesses in the digital environment. However, along with this increasing role is the risk of arising legal disputes related to domain names – a type of dispute that is developing more and more complex and diverse in practice.
The rapidly changing and increasingly complex legal environment in Vietnam, retainer services have become a popular and effective solution for businesses. Businesses can request professional retainer services from a law firm for ongoing legal support without having to maintain an in-house legal team. However, for this model to be successful, there needs to be a balance between the needs of clients and the interests of law firms.
In recent months, Vietnam's cosmetics industry has witnessed a series of cosmetic enterprises voluntarily revoking previously announced cosmetic product declaration forms. This shows that cosmetic businesses in Vietnam are reacting quickly to changes in the legal framework, strict management methods of competent authorities and changes in business strategies.
From July 1, 2025, peer-to-peer lending (P2P Lending) activities in Vietnam have been officially included in the legal framework in Decree 94/2025/ND-CP. This is an important step forward to control risks and protect consumers in the context of strong development of Fintech models. However, to participate in this mechanism, Fintech companies must meet a series of strict conditions and fully carry out registration procedures with the State Bank of Vietnam. The following article will provide specific instructions on the conditions and registration process for participating in the Peer-to-Peer Lending Trial Mechanism that businesses need to pay attention to.
As the world grapples with the growing threat of climate change, businesses are increasingly turning to environmental, social, and governance (ESG) principles as a cornerstone of sustainable development. For many, ESG still conjures images of sweeping strategies, global commitments, and data-driven reports. Yet, at the ESG Forum 2025 held in HCMC on June 15, a different perspective emerged. Participants were reminded that ESG is not limited to grand ambitions or policy documents; it also lives in the small, everyday choices we make. From how attendees traveled to the venue to the organizers’ efforts to eliminate single-use plastics, the forum underscored that ESG begins with intentional, practical actions.
-
-
