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Yee Chung Seck

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Regulators continue to review economic concentration notifications
Vietnam issues draft Decree on the management of costs incurred in competition procedures

In Q1 2021, the Ministry of Industry and Trade (MOIT) cleared 11 economic concentration notifications, most of which were acquisitions. The Ministry of Finance issues a draft Decree regulating the management, use and settlement of expenses relating to several competition proceedings. 

In brief The Ministry of Health (“MOH”) has published a draft circular dated December 2020, proposing the publication of lists of substances whose usage is banned in the production and trading of health supplements (“Draft Circular”). This Draft Circular is expected to come into effect in 2021, with no indication…

Vietnam is projected to be the only ASEAN economy to report growth following the emergence of the global COVID-19 pandemic. With the ratification of the CPTPP, EVFTA, and entering into RCEP, coupled with the fallout from regional trade tensions, the country is poised as the next regional hub for logistics…

Following the issuance of the first version of the Draft Decree on Personal Data Protection (“Draft Decree”) in 2019, on 9 February 2021, the Ministry of Public Security (MPS) released the second version to collect public opinions until 9 April 2021.

This updated draft has a more robust set of rules regulating specific rights of data subjects, cross-border transfer of data, and processing of sensitive personal data. Noncompliance may subject stakeholders to temporary suspension of operation, and/or revocation of permission for cross-border data transfer in addition to monetary fines.

Following the issuance of the first version of the Draft Decree on Personal Data Protection (“Draft Decree”) in 2019, on 9 February 2021, the Ministry of Public Security (MPS) released the second version to collect public opinions until 9 April 2021.

This updated draft has a more robust set of rules regulating specific rights of data subjects, cross-border transfer of data, and processing of sensitive personal data. Noncompliance may subject stakeholders to temporary suspension of operation, and/or revocation of permission for cross-border data transfer in addition to monetary fines.

As the world prepares for the rollout of the COVID-19 vaccine, manufacturers, governments, and clients in the logistics sector are looking into various structures and arrangements that will help bring the vaccine to the public as soon as possible.

Our Primer focuses on key legal issues and high-level considerations on topics such as the procurement framework, regulatory approvals, and contractual stipulations relating to the supply and distribution of the COVID-19 vaccine across 14 Asia Pacific jurisdictions.