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INITIAL COIN OFFERING IN VIETNAM: CURRENT LEGAL FRAMEWORK AND IMPLICATIONS (10/16/2023)
Investopedia provides a description of an Initial Coin Offering (“ICO”) as follows: “A company seeking to raise money to create a new coin, app, or service can launch an as a way to raise funds. Interested investors can buy into an ICO to receive a new cryptocurrency token issued by the company. This token may have some utility related to the product or service that the company is offering or represent a stake in the company or project.” In this sense, in 2017, the State Bank of Vietnam (“SBV”) explicitly stated that Cryptocurrency is not a legal tender in the territory of Vietnam and condemned the offering, supplying and using of Cryptocurrency as a payment method as serious offenses that are subject to both administrative and criminal sanctions.
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ANNOUCEMENT OF PRECEDENT NO. 69/2023/AL ON THE COMPETENCE OF COMMERCIAL ARBITRATION IN DISPUTES OVER NON-DISCLOSURE AND NON-COMPETE AGREEMENTS (10/10/2023)
Draft Precedent No. 12/2023 referred in BROSS & Partners’s article on August 29, 2023 has been officially published as Precedent No. 69/2023/AL on the competence of commercial arbitration in disputes over non-disclosure and non-compete agreements ("Precedent 69").
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OFFICIAL COURT’S PRECEDENT ON ARBITRATION AND EMPLOYEE NON-COMPETES DISPUTES (09/28/2023)
One noteworthy case is the Precedent derived from Decision No. 755/2018/QD-PQTT dated 12 June 2018 of the Ho Chi Minh City People’s Court (the “Precedent”), relating to a dispute between a multinational corporation’s subsidiary in Vietnam (the “Company”) and its former employee, the first alleged that the latter breached her obligation under a non-compete agreement.
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ASSOCIATE - HANOI OFFICE (08/22/2022)
BROSS & Partners is currently recruiting for the qualified Associate (Hanoi Office)
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Bross & Partners First Time Ranked by the IAM Patent 1000 2022 (07/07/2022)

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Attorney Le Quang Vinh recommended by the IAM Patent 1000 2022 (07/07/2022)

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Attorney Le Quang Vinh won double individual awards by WTR 1000 2022 (03/10/2022)

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MR. TRAN ANH HUNG – MANAGING PARTNER OF BROSS & PARTNERS RECOGNIZED AS ONE OF VIETNAM’S TOP 100 LAWYERS BY ASIA BUSINESS LAW JOURNAL. (01/04/2022)
BROSS & Partners is delighted to announce that Mr. Tran Anh Hung – Managing Partner has been listed in Vietnam’s Top 100 Lawyers (The A-List) for two consecutive years 2021 – 2022 by Asia Business Law Journal.
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