The principle of “reciprocity” serves as an important legal basis for domestic courts to recognize and enforce foreign court judgments and decisions in cases where no applicable international treaty exists. Therefore, the application of this principle is not only a legal requirement but also a significant step toward deeper integration of Vietnam into the international legal system.
This article focuses on analyzing the legal framework for the recognition of contributed capital, while comparing it with several recent court rulings to clarify how the relevant legal principles are being applied in practice. Through the study of draft precedent and court judgments, the article aims to elucidate the boundary between statutory regulations and practical realities in recognizing the legal status of members/shareholders in a company
Vietnamese law stipulates that labour subleasing is a conditional business activity. Accordingly, enterprises must obtain a Labour Subleasing License to legally operate and may only sublease employees for certain jobs. This article highlights key considerations for enterprises engaging in labour subleasing.
In the course of investment activities in Vietnam, raising capital from foreign entities is an effective means for enterprises to quickly access financial resources. However, many enterprises overlook the risk of overdue short-term foreign loans if not properly managed. Therefore, this article proposes several solutions for handling overdue short-term foreign loans of foreign-invested enterprises in Vietnam.
As a manufacturer, importer and trader of cosmetic products, attention will need to be paid to the special regulations related to the obligation to draft, prepare and keep a Cosmetic Product Information File. This article explains this requirement.
In late July 2025, the State Bank of Vietnam released the draft Amended Law on Deposit Insurance for public consultation. The Amended Law introduces substantial reforms to the Law on Deposit Insurance 2012 including a new chapter on crisis management, and expanded resolution powers for the deposit insurance organization.
On 7 August 2025, the Government of Vietnam issued Decree No. 219/2025/ND-CP on foreign workers working in Vietnam. Building on recent administrative reforms and addressing gaps identified in the implementation of the former Decree No. 152/2020/ND-CP, Decree 219 introduces notable changes to the rules on issuing work permits and certifying exemptions for foreign workers,
Vietnam is poised to enact its new Amended Law on Cybersecurity, a critical piece of legislation that will reshape how businesses and individuals manage their online security. This new law merges the existing Law on Cybersecurity 2018 with the Law on Cyberinformation Security 2015. The goal? To streamline regulations.
On 22 June 2025, Vietnam’s Ministry of Industry and Trade released the first draft of the Law on E-Commerce for public consultation. This marks a major development in the country’s digital regulatory landscape. Until now, Vietnam’s e-commerce sector has been governed primarily by sub-law instruments, most notably Decree No. 52/2013/ND-CP dated 16 May 2013, as amended.
On 4 July 2025 the Decision No. 21/2025/QĐ-TTg, Regulation on Environmental Criteria and Verification of Investment Projects under the Green Taxonomy, was issued establishing the official framework for classifying investment projects as “green.”
In May 2025, the Ministry of Home Affairs submitted a draft decree on foreign employees working in Vietnam to replace Decree No. 152/2020/ND-CP as amended by Decree No. 70/2023/ND-CP. This update highlights the changes, with a focus on provisions relating to certificates for exemption from WP requirements.
In the context of a rapidly growing economy, building a stable and harmonious working environment and protecting the rights of employees is a matter of concern for every enterprise. One of the important solutions to achieve this goal is to establish a primary trade union. This article shares some of the benefits of establishing a primary trade union in a business.
This article examines how ESG considerations are reshaping due diligence and valuation processes in Vietnam M&A deals.
This article analyzes the current legal provisions regarding real estate ownership by foreign entities and individuals in Vietnam, clarifying the rights and restrictions imposed by law on each subject.
This article briefly introduces key legal matters regarding the obligation to notify violations, including the identification of responsible entities, the required contents of a notification, and the process of receiving and addressing such notifications.
The termination of an investment project is not merely an internal decision of the enterprise but a complex legal process that requires compliance with various regulations on investment, taxation, labour, land, and environmental issues. This article analyses the legal aspects of the Legal Procedures for Terminating an Investment Project, helping FDIs smoothly complete the project closure while mitigating legal risks and protecting investors’ rights.
In this legal update, we will outline the key contents of the PDPL, highlighting critical compliance obligations that all entities engaging in personal data processing in Vietnam should stay alert on.
Vietnam’s government, for its part, is building a legal framework to promote sustainable business – from environmental laws to corporate governance codes – aligning with global ESG trends. This article focuses on how ESG considerations impact regulatory approvals and compliance requirements in Vietnam M&A deals.
On 16 June 2025, the National Assembly passed the Law amending Advertising Law 2012 effective from 1 January 2026, introducing stricter and clearer regulations on advertising practices, aiming to curb deceptive practices and better protect consumers.
On 17 June 2025, the National Assembly of Vietnam passed the Law No. 76/2025/QH15 on supplementing and amending a number of articles of the Law on Enterprises No. 59/2020/QH14 as amended. The Amended LOE took effect on 01 July 2025. Below are some notable key points of the Amended LOE.
Important Vietnamese legal terms can be looked up, with the corresponding term in the other language presented (Vietnamese <-> English). Very helpful resource for those professionals working in both languages
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