Updates
Vietnam: DFDL Trade and Tariffs Client Update: New U.S. Tariffs on Asian Furniture, Trucks & Pharma
- DFDL Vietnam
Executive Summary: On September 25, 2025, the U.S. administration under President Trump announced a significant expansion of import tariffs, set to take effect on October 1, 2025. These measures build on prior trade actions and target key sectors including consumer goods, industrial equipment, and pharmaceuticals.
Vietnam: New Regulations on Direct Power Purchase Agreement (DPPA) Mechanism under Decree No. 57/2025/NĐ-CP
- ADK Lawyers
The Government Decree No. 80/2024/ND-CP, effective from July 3, 2024, is considered the first legal framework to regulate the mechanism of direct power purchase between renewable energy power generation units and large electricity users. However, in the face of the strong development of the renewable energy sector, this decree has revealed certain problems and limitations.
Vietnam: Details of cosmetic product information file
- Apolat Legal
The Cosmetic Product Information File is a content of great importance in the production, import and distribution of cosmetic products in the Vietnamese market. The reason for this affirmation is that Circular No. 06/2011/TT-BYT has devoted Appendix No. 07-MP to detail the contents and guide the traders to prepare and comply with the making and filling of this information file.
Vietnam: Unfair competition under the Law on Intellectual Property and the Law on Competition
- Apolat Legal
Based on definitions in the Law on Competition and the Paris Convention for the Protection of Industrial Property 1967, unfair competition refers to acts that violate honest and ethical standards in commercial relations, primarily causing damage to enterprises. This update discusses these definitions.
Vietnam: Environmental protection fee for emissions: what should manufacturing enterprises prepare for?
- Apolat Legal
As of January 5, 2025, enterprises generating air emissions in the course of their manufacturing or business activities will be required to pay an additional environmental protection fee, pursuant to Decree No. 153/2024/ND-CP.
Vietnam Tightens Anti-Money Laundering Framework
- DFDL Vietnam
On 15 September 2025, the State Bank of Vietnam issued Circular No. 27/2025/TT-NHNN guiding the implementation of key provisions of the Law on Anti-Money Laundering. This articles discusses how this new circular raises the bar for compliance and risk management
Vietnam: Vietnam Overhauls PPP Framework with Decree 243: What Investors Need to Know
- DFDL Vietnam
On 11 September 2025, the Government of Vietnam issued Decree No. 243/2025/ND-CP providing detailed instructions for the implementation of the Law on Public-Private Partnership Investment. Decree 243 lays down comprehensive rules on project approval, investor selection, and financial and reporting obligations.
Vietnam: Business cooperation contract (BCC) and processing contract: which is the right choice?
- Apolat Legal
In Vietnam’s dynamic business environment, the Business Cooperation Contract and the Processing Contract are two commonly used forms of agreement, each serving different purposes and structures of cooperation. Understanding the nature, advantages, and limitations of each type of contract is crucial for enterprises to select the most suitable model, optimize benefits, and mitigate legal risks.
Vietnam: Government Sets Legal Framework and Launches Pilot Program for Tokenized Assets
- DFDL Vietnam
On 9 September 2025, the Government of Vietnam issued Resolution No. 05/2025/NQ-CP on the pilot implementation of the tokenized assets market in Vietnam. This landmark resolution establishes a five-year pilot program and introduces the first dedicated legal framework for tokenized assets in the country.
Vietnam Moves Toward a Digital Future: Draft Law on Digital Transition Released
- DFDL Vietnam
On 19 August 2025, the Ministry of Science and Technology unveiled the second draft of the Law on Digital Transition for public consultation. This marks a bold step in Vietnam’s ambition to position itself as a regional digital powerhouse, laying the groundwork for widespread adoption of AI, big data, IoT, and blockchain.
Vietnam: Process of investing abroad for projects not requiring approval for investment policy
- Apolat Legal
The Investment Law 2020 not only allows investors to invest in Vietnam from abroad but also enables investors to invest from Vietnam to foreign countries. Accordingly, investors need to pay attention to several issues related to foreign investment as follows: Types of entities investing abroad, forms of foreign investment, and procedures for foreign investment.
Vietnam: Some considerations for the transfer of overseas investment capital
- Apolat Legal
Vietnamese Investors must comply with both the laws of VietNam and the laws of the host country for offshore investments. The following are some important considerations that Vietnamese Investors should be aware of to ensure compliance with Vietnamese law when transferring overseas investment capital:
Vietnam: Understanding the methods of terminating labour contracts and key factors to consider
- Apolat Legal
There are numerous cases where labour contracts are terminated without following the proper procedures, resulting in serious legal consequences for the employer. To support employers in gaining a comprehensive understanding, this article outlines several common methods of terminating labour contracts in accordance with current laws and analyses important factors that employers should consider to ensure legality and minimize risks.
Vietnam: Purposes of foreign loans without Government’s guarantee
- Apolat Legal
Foreign borrowing on a self-borrowing, self-repaying basis through loan agreements and disbursement in cash has become an increasingly common method of capital mobilization for enterprises. However, as such borrowings may impact on national economic and financial stability, borrowers must meet specific conditions to obtain foreign loans without a government’s guarantee.
Vietnam: Notes when drafting a technology transfer agreement
- Apolat Legal
This article presents key clauses and important contents that must be carefully considered when drafting a Technology Transfer Agreement to ensure a successful and legally effective transaction.
Vietnam Moves Toward a Digital Future: Draft Law on Digital Transition Released
- DFDL Vietnam
On 19 August 2025, the Ministry of Science and Technology unveiled the second draft of the Law on Digital Transition for public consultation, a bold step in Vietnam’s ambition to position itself as a regional digital powerhouse, laying the groundwork for adoption of AI, big data, IoT, cloud computing, and blockchain.
Vietnam: Amended Food Safety Law Set to Debut in Late 2025
- DFDL Vietnam
On 18 July 2025, the Ministry of Health released the second draft of the Amended Law on Food Safety. This draft marks the first major overhaul since the 2010 Law on Food Safety and reflects the Government of Vietnam’s effort to address enforcement gaps, strengthen consumer protection, and align with international practices.
Vietnam: Four Shipping Companies Fined for Unfair Competition Practices
- DFDL Vietnam
In mid-2025, Vietnam’s Competition Commission issued several administrative penalties penalties for shipping companies who have committed unfair competition activities by breaching Article 45.5(a) of the 2018 Law on Competition. Each company was fined VND 200 million and forced to provide a correction statement. Below are the summaries of the companies and their violation.
Vietnam issues Decree on implementation of Global Minimum Tax rules under OECD Pillar Two Framework
- PwC Legal Vietnam
On 29 August, the Government issued Decree 236/2025/NĐ-CP, setting out top-up tax regulations pursuant to Resolution 107/2023/QH15. This long-anticipated decree establishes the legal framework for applying the Global Anti-Base Erosion (GloBE) rules under the OECD Pillar Two framework in Vietnam, including the Qualified Domestic Minimum Top-up Tax (QDMTT) and the Income Inclusion Rule (IIR).
Vietnam: Draft Decree on International Financial Centre Establishment Released for Public Consultation
- DFDL Vietnam
On 13 August 2025, the Ministry of Finance released the draft decree on International Financial Centre Establishment in Vietnam for public consultation. The Draft Decree has been prepared pursuant to Resolution No. 222/2025/QH15 regarding an International Financial Centre in Vietnam.
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