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Official Gazette

Sunday, September 20, 2020
Tags: practice
Signing contracts by electronic means Signing contracts by electronic means
This article provides an overview on the use of electronic signature in Vietnam, including the current practice, regulatory framework and its application in judicial practice of the courts in relation to the validity of electronic signature. We hope that our readers may find it useful in the practice relating to signing contracts by electronic mean.
Securities violators to face heftier fines Securities violators to face heftier fines
The Ministry of Finance has proposed a maximum fine of VND 3 billion (USD 130,000) and VND 1.5 billion (USD 65,000) for organizations and individuals, respectively, committing securities-related violations.
All activities in Hoang Sa Truong Sa without Vietnams permission void: Spokeswoman All activities in Hoang Sa, Truong Sa without Vietnam's permission void: Spokeswoman
Foreign Ministry Spokeswoman Le Thi Thu Hang highlighted Vietnam’s viewpoint that all activities in its Hoang Sa (Paracel) and Truong Sa (Spratly) archipelagos without permission of the country are void and not conducive to peace, security and stability in the East Sea, and that Vietnam resolutely protests those.
Vietnam opposes Chinas illegal activities in East Sea Vietnam opposes China's illegal activities in East Sea
Foreign ministry spokesperson Le Thi Thu Hang made the statement on Jun 11 during a briefing in Hanoi in response to reports from vessel tracking software and satellite imagery indicating a Chinese ship might be conducting installing undersea cables in the area.
The Governments e-notary service to be launched in July The Government’s e-notary service to be launched in July
The national public service portal will launch its e-notary service on July 1, minister and head of the Government Office, Mai Tien Dung, said at a recent meeting with agencies to prepare for the roll-out of the service designed to certify electronically copies of original documents.
Constitutional defense: The ground for guaranteeing sovereignty of the people Constitutional defense: The ground for guaranteeing sovereignty of the people
The current Constitution of Vietnam stipulates that all state power belongs to the people. However, for several reasons, including the lack of a complete and comprehensive mechanism to defend the Constitution, the effectiveness of constitutional defense activities in Vietnam remains below expectations. This article analyzes the need and recommends some solutions for guaranteeing people’s sovereignty in the country through constitutional defense activities.
COVID-19: The right time for revising wildlife trade and consumption policy COVID-19: The right time for revising wildlife trade and consumption policy
The current coronavirus (COVID-19) pandemic is killing thousands of people globally and causing major impacts to livelihoods, society, and economies across the world. COVID-19 is understood to have originated in wildlife, most probably in a market selling live wildlife in China[1]. The conditions that lead to the emergence and transmission of these zoonotic pathogens to humans are also prevalent in Vietnam. It’s time to change the current approach to regulating the trading and use of live wildlife for the wellbeing and survival of all on this planet.
Industrial design registration under the Hague System and Vietnam IP Law: Differences and solutions Industrial design registration under the Hague System and Vietnam IP Law: Differences and solutions
The Hague Agreement Concerning the International Registration of Industrial Designs (the Geneva Act of July 2, 1999 – “1999 Act”) officially entered in force in Vietnam on January 1, 2020. Applicants can now seek design protection in Vietnam by filing international design applications through the Hague System.
Article 59 of Tourism Law: Some thoughts on tour guides and their impact in Vietnam
Article 59 of Tourism Law: Some thoughts on tour guides and their impact in Vietnam
According to recent research, tourists who use the services of a tour guide exhibit higher levels of satisfaction with their tourist experience and are far more likely to return to the destination, particularly in the case of cultural and urban tourism. Should we not ensure then, for Vietnam’s tour guides to be the best they can be?
Shaping a legal framework for cryptoassets in Vietnam Shaping a legal framework for cryptoassets in Vietnam
For the time being, there has been no unified definition of “cryptoasset” or “digital asset” or “virtual asset” in the world. According to the Financial Action Task Force (FATF), a global money laundering and terrorist financing watchdog, “a virtual asset is a digital representation of value that can be digitally traded, or transferred, and can be used for payment or investment purposes.”[1] Canada’s model legislation regarding digital assets, the Uniform Access to Digital Assets by Fiduciaries Act, defines “a digital asset” as “a record that is created, recorded, transmitted or stored in digital or other intangible form by electronic, magnetic or optical means or by any other similar means.”[2] Cryptocurrency (or virtual currency) is a form of cryptoassets (or virtual assets). There is also no unified definition of this term in the world.

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