The validity and enforceability of asymmetrical dispute resolution clauses has been an open question in Vietnam due to a lack of statutory guidance. An ongoing case related to a distribution contract may shed some light on this matter.

As a result of the decree, provisions relating to personal data protection, data subject rights, complaints, civil liabilities, penalties, and grandfather provisions, will now take effect on June 1, 2022.

The one-year extension to the Personal Data Protection Act is a welcome temporary relief for businesses impacted by the third wave of Covid-19.

To provide further guidance and clarification on Vietnam’s new Law on Enterprises and Law on Investment, the government issued two guiding decrees which took effect in early 2021.