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Showing posts from December, 2025

Dispute resolution at international financial centers under resolution No. 222/2025/QH15

On June 27, 2025, the National Assembly of Vietnam officially adopted Resolution No. 222/2025/QH15 on International Financial Centers in Vietnam (Resolution 222), establishing the first legal foundation for the development and operation of international financial centers in Vietnam. At the same time, Resolution 222 laid the groundwork for specialized dispute resolution mechanisms applicable within these centers. This article provides an overview of the dispute resolution framework at International Financial Centers (IFCs) in Vietnam as stipulated under Resolution 222.   First, pursuant to Clause 1, Article 3 of Resolution 222, an International Financial Center is defined as a geographically delineated area established by the Government in Ho Chi Minh City and Da Nang, concentrating a diverse ecosystem of financial and supporting services, and operating under the specific mechanisms and policies prescribed in this Resolution. Accordingly, the establishment of an...

Legal grounds for applying the interim urgent measure of distraining disputed property under the 2015 civil procedure code

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Distraining disputed property is one of the interim urgent measures that may be applied in both civil proceedings and arbitration. 3  However, if applied improperly, this measure can seriously affect the legitimate rights and interests of the party against whom it is requested. Therefore, any decision to distrain disputed property must be based on a careful review of the legal grounds before it is implemented.   This article outlines the legal grounds   for applying the interim urgent measure of distraining disputed property under the 2015 Civil Procedure Code (CPC 2015) .   According to Clause 1, Article 111 of the CPC 2015, during the resolution of a case under the civil procedure law, litigants, their legal representatives, or agencies, organizations, or individuals initiating lawsuits under   Article 187 of the CPC 2015 have the right to request the Court handling the case to apply one or more interim urgent measures as prescribed in Article 114 o...

Legal considerations for Tech Startups in Viet Nam

1. Introduction: The legal context for tech Startups in Viet Nam Legal compliance is a cornerstone for the sustainable development of any enterprise, particularly for tech startups in Viet Nam. Ensuring legitimate business operations, full adherence to tax obligations, and securing necessary legal approvals is not merely a statutory requirement but also a robust framework that safeguards a startup from potential legal issues and crises. Moreover, legal compliance serves to protect the technological ownership, ideas, and other intangible assets of the creators, enabling the business to confidently utilize and develop its assets without fear of infringement.   In a fiercely competitive technology market, legal compliance has evolved from a simple obligation into a critical strategic factor that directly impacts a company’s fundraising capacity and valuation. Startups often prioritize rapid product development and market expansion, occasionally neglecting complex...