On the morning of August 14, 2025, at Hall 903, Hoa Sen University, ALTAS CORP participated in a significant event — the signing of a Memorandum of Understanding (MOU) with Hoa Sen University, marking an important milestone in the partnership between the two organizations. This event opens up numerous opportunities for long-term cooperation and development in training, research, and internships for Law students.
31 August 2025
We would like to share an important legal update regarding Decree No. 219/2025/NĐ-CP, issued by the Government of Vietnam on August 7, 2025. This new decree replaces Decree 152/2020/NĐ-CP and Decree 70/2023/NĐ-CP, introducing significant reforms to the regulations governing foreign workers in Vietnam.
31 August 2025
Vietnam is emerging as a strategic destination for mergers and acquisitions (M&A) in Southeast Asia, especially attracting investors from Japan, South Korea, Singapore, and EU countries. The period from 2025–2026 is expected to be a dynamic one with numerous opportunities, thanks to economic recovery, institutional reforms, and global capital flow shifts. However, to seize these opportunities, investors need to understand key sectors and conduct thorough financial and legal due diligence.
31 August 2025
In every M&A (Mergers and Acquisitions) transaction—especially for foreign investors entering emerging markets like Vietnam—conducting Financial & Tax Due Diligence is a mandatory step to identify risks, determine the actual value, and ensure transparency for the transaction. In Vietnam, this process requires a deep understanding of the Vietnamese Accounting Standards (VAS), a legal framework that is still evolving, and varying levels of transparency among enterprises. Therefore, designing a thorough, systematic, and locally adapted due diligence process is a key factor for ensuring deal success.
31 August 2025
Although financial and tax due diligence is a mandatory process in any M&A transaction, the process itself still carries significant risks—especially in the context of target companies operating in emerging markets, which often lack transparency, stability, and have complex legal environments. Early identification of risks and the implementation of effective preventive measures can help investors not only protect the transaction’s value but also avoid post-M&A disputes that may negatively impact long-term business strategies.
31 August 2025
Recently, ALTAS Corporation acted as the financial advisor to E&D Group throughout the successful acquisition of 95% shares in a Vietnamese garment company highlights the critical role of Tax & Financial due diligence in cross-border transactions. While thorough financial and tax due diligence are paramount, it's crucial for investors to be aware of broader due diligence pitfalls, particularly in the legal realm, which can significantly impact a deal's success and financial health.
31 July 2025
From July 24 to 27, 2025, ALTAS CORP embarked on a memorable Company Trip to Cần Thơ – A land where abundant nature harmonizes with the rich cultural heritage of the Mekong Delta. This was not only a relaxing getaway, but also a journey of internal connection, renewed energy, and inspiration for the road ahead.
31 July 2025
Altas Corporation is proud to announce its successful advisory role to E&D Group in acquiring a 95% stake in a leading Vietnam-based garment company. The deal is valued at over VND 300 billion (over $12M), marking a major strategic investment in the region’s textile sector.
31 July 2025
Article 50 of the 2024 Notarization Law stipulates that the signing of notarized documents must be photographed and archived. Accordingly, notarial practice organizations (NPOs) will collect image data of: The requester of notarization; The notary public; Witnesses/interpreters. Under Clause 1 Article 2 of the 2025 Personal Data Protection Law, such images constitute personal data, and the notarial practice organization is, by default, a Personal Data Controller. As the image collection is a mandatory legal requirement, it may fall under an exception to the consent obligation under Article 9 of the 2025 Personal Data Protection Law. However, for all other obligations, notarial practice organizations must still fully comply with the principles set forth in the Law.
31 July 2025
From July 1, 2024, enterprises with only a legal representative who is a foreigner will need to implement level two electronic identification to be able to activate electronic identification for the enterprise and from there can use the online public services of the enterprise. Accordingly, in order to support clients to complete this procedure quickly and in accordance with regulations, ALTAS would like to send instructions to follow the following steps:
31 July 2025
To recharge and strengthen our team spirit, ALTAS will be on a company trip from July 24 to July 26, 2025. During this period, our response and support may be slightly delayed. We will resume normal operations on July 27, 2025.
31 July 2025
The Law on Notarization No. 46/2024/QH15 (the Law), consisting of 08 chapters and 76 articles, was passed by the National Assembly on November 26, 2024, and takes effect from July 1, 2025. The Law was developed to address the limitations observed during the 10 years of implementing the 2014 Law and to promote the digital transformation of notarization activities.
31 July 2025