On June 19, 2018, Vietnam’s prime minister issued Directive No. 17/CT-TTg on strengthening the fight against smuggling, commercial fraud, and the production and trade of fake goods and low-quality goods for pharmaceuticals, cosmetics, and functional foods (Directive 17). Directive 17 states that, while tens of thousands of cases have been discovered and handled, the situation still needs...

On June 15, 2018, Vietnam’s government issued Decree No. 87 on Business in Gases, which governs various aspects of doing business in liquefied petroleum gas (LPG), liquefied natural gas (LNG), compressed natural gas (CNG), and others. Decree 87 contains regulations on conditions for import, export, producing, processing, mixing, bottling and selling (both wholesale and retail), and transport of...

The National Assembly of Vietnam passed an updated version of the Law on Competition on June 12, 2018. The new law governs merger control and anti-competitive activities in the Vietnam market and will take effect on July 1, 2019, replacing the current Law on Competition of 2004. One of the notable changes of the new Competition Law is that the Vietnamese competition authorities will have...

Circular No. 01/2007/TT-BKHCN, an important legal document in the intellectual property area in Vietnam, was amended for the fourth time. Regarding amendments on Vietnamese IP law, there are some of the most important points below of the amendment: Time limit for entering the Vietnamese national phase of PCT applications – Points 27.4 and 27.5 The time limit for entering the national...

Vietnam’s new Law on Cybersecurity was finally adopted by the National Assembly on June 12, 2018, after more than a dozen drafts and wide debate in the business and government sectors. This Cybersecurity Law imposes tremendous obligations on both onshore and, especially, offshore companies providing online services to customers in Vietnam. The companies subject to this Cybersecurity Law are...