News

E-Contract under the laws of Vietnam: Legal validity and concern over its application in practice

A recent survey on the difficulties/ obstacles preventing enterprises in Vietnam from applying e-contracts for their business, in a webinar dated September 18, 2021 shows that 303/500 participants said that they were concerned about the legal validity of the e-contract, followed by concern over the form of signing and executing the e-contract as it is […]

Vietnam to amend 10 laws to further facilitate investment and business activities

The government on August 20 issued Resolution No.94/NQ-CP, approving the amendments of 10 laws to facilitate business and investment activities. The government asked ministries, agencies, and cities and provinces to fast track the amendments of several regulations which are overlapping and impractical, hindering investment and business activities. The 10 laws include the laws on customs, […]

Rever raises $10.2 million from Mekong Capital

Online-to-offline real estate brokerage company Rever has bagged $10.2 million from Mekong Enterprise Fund IV (MEF IV). Founded in 2016, Rever is one of the pioneering proptech companies in Vietnam that operates an online-to-offline real estate brokerage model where customers can access listings via its platform or visit its local transaction centre in tandem with […]

Banks and IFC boost trade and supply chain finance to promote trade in Vietnam

Nearly 2,000 exporters and importers in Vietnam have benefitted from the trade financing of the International Finance Corporation (IFC) over the past fiscal year. Given the business disruptions caused by the pandemic and the consequent liquidity constraints, the IFC has ramped up its trade and supply chain finance in the last 12 months to help […]