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Yee Chung Seck

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Yee Chung Seck leads the Firm’s Mergers & Acquisitions, IT/C, Pharmaceutical and Healthcare Practices in Vietnam. Chambers Global (2014, 2013) and Chamber Asia (from 2010 to 2015) rank him as a leading lawyer in the field of Corporate M&A and TMT in Vietnam. He is a member of the Singapore Bar Association and serves as vice president of the Singapore Business Group. He also serves as AmCham's IT/C Sub-Committee Co-Chair. Mr. Seck is fluent in English and conversational in Mandarin.

After surveying more than 2500 SMEs in Vietnam, the authority found that SMEs generally do not have a high level of awareness of the law. The regulator also published papers on the state of competition in two sectors. The annual report includes consolidated and published statistics by the VCCA and MOIT. This update was published as part of our quarterly newsletter, Asia Pacific Competition Highlights.

On 27 January 2022, the government issued Decree No. 14/2022/ND-CP to amend and supplement several provisions of Decree No. 15/2020/ND-CP on penalties for administrative violations in the fields of postal services, telecommunications, radio frequency, information technology and electronic transactions, and Decree No. 119/2020/ND-CP on penalties for administrative violations in journalistic and publishing activity. Decree No. 14 was issued with the aim of: implementing the new provisions of the amended Law on Handling Administrative Violations, supplementing sanctions for the violating acts, including those regarding spam, illegal content, social network management, game licensing, etc., and revising and supplementing provisions regarding the authorities to fine administrative violations.

On 27 January 2022, the government issued Decree No. 14/2022/ND-CP to amend and supplement several provisions of Decree No. 15/2020/ND-CP on penalties for administrative violations in the fields of postal services, telecommunications, radio frequency, information technology and electronic transactions (“Decree No. 15”), and Decree No. 119/2020/ND-CP on penalties for administrative violations in journalistic and publishing activity (“Decree No. 14”). Decree No. 14 was issued with the aim of: 1) Implementing the new provisions of the amended Law on Handling Administrative Violations 2) Supplementing sanctions for the violating acts, including those regarding spam, illegal content, social network management, game licensing, etc 3) Revising and supplementing provisions regarding the authorities to fine administrative violations

On 20 September 2021, the Ministry of Public Security released the Draft Decree on Cybersecurity Administrative Sanctions. The MPS is collecting public opinions on this Draft Decree until 18 November 2021. The Draft Decree consists of four chapters and 51 articles, with the main substance regarding administrative violations, penalties, and remedial measures covered under Chapter II.

The Ministry of Finance released the draft Decree Regulating the Management of Imports and Exports Transacted via E-commerce in August 2021. The Draft Decree introduces dedicated customs procedures for e-commerce transacted goods, including provisions on advance information submissions via a specialized customs electronic data processing system; exemptions from specialized management and inspection and from import tax; categorization of goods; and customs procedures for returned goods.