Asia Legal Admin

Labor policies that foreign investors need to know when establishing an enterprise in Vietnam

Vietnam is a potential and attractive investment environment for foreign investors due to its many advantages in a large labor market, affordable labor costs, abundant young workforce, incentives policies. When implementing investment activities in Vietnam, besides the concerns about conditions and procedures, foreign investors need to pay special attention to labor regulations as well. There are core […]

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The integrity of data message from legal perspective (Part 1)

Recently, most parties involved in electronic transactions have been expressing an outstanding interest in the integrity of data messages since it is considered one of the important criteria to determine the value as evidence and the value as the original of such data messages. According to the definition in the Law on Electronic Transactions 2005: […]

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Decree No. 98/2021/ND-CP on medical devices management

On 08/11/2021, The Government promulgates Decree No. 98/2021/ND-CP (“Decree 98/2021“) on medical devices management. The Decree uniformly regulates this matter and abolishes all previous decrees on the management of medical devices, including Decree No.36/2016/ND-CP, Decree No.169/2018/ND-CP, Decree No.03/2020/ND-CP. This article focuses on some remarkable provisions of Decree 98 as follows: 1. Amendment in procedures for […]

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ESOP of non-public companies in Vietnam

ESOP of non-public companies in Vietnam In recent years, Employee Stock Ownership Plan (“ESOP“) is becoming a popular solution for Vietnamese enterprises in their human resources strategy. The issuance of shares under ESOP (“ESOP Shares“) by the public company is subject to regulations of Law on Securities, which shall not be applied to the non-public […]

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