vietnam

Vietnam: Process of investing abroad for projects not requiring approval for investment policy

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

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

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

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

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

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

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

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​

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

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.

Vietnam: New Vietnamese capital gains tax and interest withholding tax rules – an update

The Ministry of Finance has just released the 2nd draft of the decree guiding the implementation of the CIT Law, and also a draft circular guiding certain articles in the decree. Compared with the 1st draft released in July, this latest draft sets out various new amended provisions, including on the taxation of foreign corporates having income from (i) capital transfers and (ii) loan interest. ​

The Transshipment Conundrum Part 2

Vietnam: Key Issues in the Draft Amendment to the Land Law 2024

The Amendment Draft introduces reforms in land-use planning, decentralization of authority, and payment flexibility to improve efficiency and investor convenience. Key contradictions and unclear definitions—particularly on capital contribution, foreign-invested business organizations, and socio-economic development projects—remain unresolved.

Vietnam: The First Blockchain Payment Solution Approved For Trial - How Does Da Nang’s International Financial Center Differ From The Rest Of Vietnam?

In a significant step toward building and operating a Financial Center, the People’s Committee of Da Nang has issued Decision No. 1181/QĐ-UBND approving a time-limited controlled trial (“sandbox”) for the innovative financial technology solution Basal Pay, developed by AlphaTrue Solutions JSC.

The Transshipment Conundrum Part 1

This is a two-part series exploring the importance of transshipment in the new global trade order under President Trump’s Executive Orders and how manufacturers should navigate this tricky and unclear issue. Part 1: The Transshipment Shock

Vietnam: The Principle of "Reciprocity" and the Practice of Recognition and Enforcement of Foreign Court Enforcement of Foreign Court Judgments and Decisions In Vietnam

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.

Vietnam: Recognition of Capital Contributions: Legal Framework and Challenges

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

Vietnam: Some considerations for enterprises engaged in labor subleasing activities

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.

Vietnam: Some solutions to handling overdue short-term foreign loans of enterprises in Vietnam

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.

Vietnam: Product information file of cosmetic products

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.