Phone contacts sharing app and anti-spam regulations in Vietnam
For a smartphone user, a phone contact sharing app (such as Truecaller) may
New regulations on credit rating agencies in Vietnam
In addition to auditing companies, credit rating agencies (CRA) are an important private gatekeeper for a well-functioning capital market. Decree 88/2014 introduces a comprehensive regulations on credit rating agencies for the first time in Vietnam. Under Decree 88/2014,
New regulations on fuel distribution in Vietnam
Decree 83/2014 issued in early September 2014 and effective from 1 November 2014 introduces several changes to the current regulations on fuel distribution. So below is an updated description of the fuel distribution network in Vietnam under Decree 83/2014.
Business operation v.s. protection of State secrets in Vietnam
Article 1 of the Ordinance on State Secrets defines State secrets as “information on cases, affairs, documents, objects, venues, time, speech, carrying important contents in the fields of politics, national defense, security, external affairs, economy, science, technology and other fields, which the State does not publicize or has not yet publicized and the disclosure of which will cause harm to the State of the Socialist Republic of Vietnam”. As a result, regulations on protection of State secrets in Vietnam are very broad and general which may sometimes conflict with certain business transaction or operation.