In the context of rising bad debts in banks, the Enforcement of security interests plays a crucial role in resolving outstanding debts and ensuring the stability of the banking financial system.
Coming into force on July 1 this year, the 2024 VAT Law marks a significant milestone in the modernization of the country’s tax system. This article provides insights into the key amendments introduced in the new Law compared to previous VAT regulations.
Vietnam’s Golden Visa program is strategically designed to attract foreign investors and skilled professionals to live and work long‑term in Vietnam. By offering extended residency rights and access to many privileges akin to those of citizens, this program aims not only to draw in direct investment capital but also to leverage expertise and technical skills for domestic economic and technological development. For Golden Visa holders, understanding the conditions for maintaining their residency status—including the renewal process—is crucial to ensure legal compliance while maximizing benefits in terms of residency rights, business opportunities, and long‑term integration in Vietnam.
According to the 2017 Tourism Law, foreign-invested enterprises providing international travel services enjoy the same rights and obligations as domestic businesses in this field.
Vietnam is emerging as one of the leading countries in Southeast Asia in the field of renewable energy, particularly offshore wind power. With a total estimated potential exceeding 1,000 GW according to studies by the World Bank and the Vietnam Administration of Seas and Islands (2023), Vietnam's offshore wind power market is considered one of the most promising in Asia.
Public-private partnership projects in the fields of science and technology development, innovation and national digital transformation will be entitled to greater state support, incentives and investment guarantee under special mechanisms. This is outlined in the latest draft Government Resolution, which is scheduled to come into force on July 1.
In response to the prevalence of counterfeit goods, misleading labeling and trade fraud, the Ministry of Industry and Trade has unveiled the second draft decree on goods origin, aiming to better protect consumers and foster a transparent business environment for law-abiding businesses.
The Law on Vietnamese Nationality has undergone several major revisions since its initial enactment. The most recent version was amended in 2008 and supplemented in 2014, forming a comprehensive legal framework on nationality matters.
Living, working, or investing in Vietnam requires foreigners to understand and comply with the applicable legal regulations. The Vietnamese legal system differs significantly from international law in many areas, particularly in matters of family and marriage, property ownership, administrative procedures, and business activities.
Vietnam’s visa program has become a key gateway for international investors and professionals seeking long-term residence in this dynamic country. The following guide outlines the benefits and privileges available to visa holders as of 2025, along with the corresponding legal bases.
Affirming Vietnam’s commitment to the United Nations Convention on the Rights of the Child, the 2024 Law on Justice for Minors not only reflects humanitarian and humanistic values at its core but also marks a significant step forward in preventing and combating juvenile delinquency.
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