The Law amending and supplementing a number of Articles of the Law on Enterprises No. 59/2020/QH14 was passed on June 17, 2025, by the XVth National Assembly of the Socialist Republic of Viet Nam at its 9th session.
The Vietnamese central bank will soon revise its Circular 52 of 2018 with a view to improving the effectiveness of supervision and raising governance standards of the banking system.
With the rapid expansion of e-commerce and the growing threat of digital fraud, the draft amended Law on E-Commerce seeks to clarify the responsibilities of e-commerce platforms and product endorsers to better protect consumers in the digital market.
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.
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