ALTAS introduces the "Comparison Table of the Draft Personal Data Protection Law and Decree 13/2023/ND-CP on Personal Data Protection," compiled by member lawyer Luong Van Chuong.
31 March 2025
ALTAS is extremely honored to collaborate with Gia Dinh University to organize the workshop "Entering the World of Marketing Communications in Law & Accounting." This is an opportunity for us to share knowledge about marketing in the professional services industry – a field that demands high expertise and the ability to capture market trends.
31 March 2025
On ????? ??, ????, at ALTAS CORP's headquarters, we had a meeting and working session with Beyond Legal LLC, marking the beginning of the partnership between the two companies in the legal services sector in Vietnam.
31 March 2025
In January 2025, the Ministry of Public Security issued the second draft of the Decree regulating scientific, technological, and innovation activities, as well as data-related products and services, for public consultation from businesses and experts. The new Decree is expected to be approved by the Government in July 2025. In this article, ALTAS Law Firm (“ALTAS”/“We”) presents key comments and suggestions regarding the Draft Decree.
31 March 2025
In January 2025, the Ministry of Public Security presented the Draft Decision of the Prime Minister on the list of important and core data to完善 the legal framework for data management and protection. ALTAS Law Firm provided feedback on the overlap with existing legal documents and the lack of clarity in data classification. Additionally, ALTAS proposed solutions to define the boundaries between important data and state secrets, as well as a more appropriate approach. These recommendations aim to ensure an effective and flexible legal framework for data management and utilization.
31 March 2025
The legal update on the Crypto-Assets Market Regulation (MiCA) in the EU outlines the general requirements for Crypto-Asset Service Providers (CASPs). CASPs must meet licensing, security, risk management, and data protection requirements, with a clear licensing process in place. MiCA sets minimum capital requirements for CASPs based on the type of services provided. Non-EU organizations offering services to EU residents must also comply with similar requirements. MiCA aims to create a unified legal environment for the crypto-assets market in the EU and is being prepared for implementation in Vietnam.
31 March 2025
In January 2025, the Draft Decree detailing certain provisions and implementation measures of the Data Law (hereinafter referred to as the “Draft Decree”) was drafted by the Ministry of Public Security and published on the Government’s electronic portal to collect public comments. We, ALTAS Law Firm Limited Liability Company (hereinafter referred to as “ALTAS”/“We”), would like to provide our comments on several important issues to contribute to the refinement of the Draft Decree, ensuring its effectiveness in practical implementation.
31 March 2025
MiCA (Markets in Crypto-Assets Regulation) is the EU's comprehensive regulatory framework for governing the crypto-asset market, effective from December 30, 2024. In Vietnam, the government is developing a regulatory sandbox and plans to issue a resolution allowing the pilot of a crypto-asset exchange in March 2025. The article also introduces crypto-asset classifications under MiCA, legal requirements, and related services.
31 March 2025
Artificial Intelligence (AI) is revolutionizing the way businesses operate, from production processes and customer service to strategic management. In the era of the Fourth Industrial Revolution, AI adoption is not only a competitive advantage but also a crucial factor in business development. AI-driven business restructuring helps optimize processes, improve efficiency, and foster innovation. However, this transformation also presents several challenges that must be addressed to ensure
31 March 2025
In today’s complex business environment, tax compliance is a critical requirement to ensure sustainable growth and maintain corporate credibility. Constantly evolving tax regulations demand that businesses establish robust control systems to avoid errors and legal risks. Internal audit plays a crucial role in monitoring, evaluating, and optimizing tax compliance processes. Effective oversight not only mitigates risks but also enhances transparency, improves financial performance, and optimizes tax obligations.
31 March 2025
The semiconductor industry plays a crucial role in the digital economy, directly influencing the development of technologies such as artificial intelligence, the Internet of Things, and 5G. Vietnam, with its growing presence in the global supply chain, is making significant efforts to integrate deeper into this sector. However, to attract investment and ensure sustainable growth, understanding the relevant legal framework is essential.
31 March 2025
On February 21, 2025, the Government issued Decree No. 24/2025/ND-CP ("Decree 24"), amending and supplementing a number of provisions of Decree No. 98/2020/ND-CP ("Decree 98") on administrative sanctions for violations in commercial activities, production and trading of counterfeit and prohibited goods and protection of consumer rights. Decree 24 takes effect from February 21, 2025 with many important new points to tighten the management of commercial transactions in cyberspace as well as improve the quality of personal and consumer data protection.
31 March 2025