Knowledge Center

The recent enactment of the Law on Medical Diagnosis and Treatment and its implementing Decree No.96/2023/ND-CP for the first time establishes a legal framework for telemedicine. Meanwhile, the lift of foreign ownership restrictions on online IT services under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EU-Vietnam Free Trade Agreement (EVFTA) fosters investment as well as merger and acquisition activity in the country’s burgeoning healthtech sectors. Telemedicine in Vietnam began during the […]

1. Selection of investors under the Bidding Law The Government issued Decree No. 23/2024/ND-CP (“Decree 23”) dated 27 February 2024 to implement the Bidding Law 2023 on selection of investors for projects for which bidding must be held under specialised laws. Decree 23 has taken effect since 27 February 2024. Some key issues of Decree 23 are summarised below. Projects subject to bidding Decree 23 provides a specific list of projects for which bidding for […]

On 1 April 2024, Prime Minister’s Decision No. 262/QD-TTg (“PDP-8 Implementation Plan”) was initialed, laying down the implementation plan for the Decision No. 500/QD-TTg (“PDP-8”) of the Prime Minister, dated 15 May 2023. Goals aligned with PDP-8 Balanced development of power sources across the regions, ensuring supply-demand parameters. Maintaining feasibility, synchronization and flexibility among various power sources/grid development. Tracking progress and resources for implementing priority schemes/projects on refining policies and strengthening scientific and technological capacity […]

I. OVERVIEW OF THE DRAFT LAW ON DATA The Ministry of Public Security (“MPS”) has proposed the promulgation of the Law on Data. In line with this proposition, the MPS has released a draft of the Law on Data (“Draft Law”) and is in the process of soliciting opinions from entities that would be subjected to the Draft Law. The Draft Law stipulates principles for data collection, storage, protection; cases of providing data to state […]

1. New Law on Credit Institutions On 18 January 2024, the National Assembly adopted the Law No. 32/2024/QH15 on Credit Institutions. With effect from 01 July 2024, except Article 200.3 and Article 210.15 which takes effect from 01 January 2025, the New Law on Credit Institutions (the “New Law”) replaces the Law on Credit Institution No. 47/2010/QH12, as amended by Law No. 17/2017/QH14 (the “Current Law”). Below are some key points of the New Law. […]