Stay up to date with legal developments in Vietnam.
This update sets out the recent developments in Vietnam, such as those relating to enterprise registration and Vietnam Standard Industrial Classification.
On 12 June 2018, the National Assembly passed the Law on Cybersecurity (the "Law"). The Law regulates activities in protecting national security and ensuring social order and safety in cyberspace. Previous regulations on the subject had been scattered throughout different pieces of legislation, such as the Law on Information Technology, Law on Cyber-Information Security, Law on Telecommunications, Law on E-Transactions and the Penal Code. The Law applies to local and foreign agencies, organisations and individuals who provide services in cyberspace or own any information systems, and are related to cybersecurity activities in Vietnam. The scope of cyberspace covers a network of IT infrastructure, and includes telecommunications networks, internet networks, computer systems, information and processing and control systems and databases. The Law will come into effect from 1 January 2019.
This update sets out the recent developments in Vietnam, such as those relating to trade promotion activities, investments, and small and medium enterprises (“SMEs”).