Enterprises

DECREE No. 210/2025/ND-CP: STARTUP AND INNOVATION INVESTMENT FUNDS NOT PERMITTED TO INVEST IN SECURITIES

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On July 21, 2025, the Government promulgated Decree No. 210/2025/ND-CP (“Decree 210”), amending and supplementing a number of articles of Decree No. 38/2018/ND-CP (“Decree 38”) on investment for small and medium-sized enterprises engaging in startup and innovation. This new Decree introduces significant…

LAW ON MANAGEMENT AND INVESTMENT OF STATE CAPITAL IN ENTERPRISES 2025: EMPHASIZING THE AUTONOMY AND ACCOUNTABILITY OF STATE-OWNED ENTERPRISES

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On June 19, 2025, the National Assembly passed the Law on Management and Investment of State Capital in Enterprises (“Law No. 68/2025”), which will officially take effect from August 1, 2025. The overarching principle of Law 68/2025 is to grant more autonomy to state-owned enterprises to encourage their…

2025 CORPORATE INCOME TAX LAW: SMES ELIGIBLE FOR PREFERENTIAL CORPORATE INCOME TAX RATES OF ONLY 15% – 17%

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On 14 June 2025, the National Assembly officially enacted the Corporate Income Tax Law 2025 (“CIT Law 2025”), which introduces several notable changes affecting corporate tax obligations. These changes focus particularly on tax rates, as well as clarifications and additions regarding taxable entities,…

LAW NO. 90/2025/QH15: AMENDING MULTIPLE LEGAL DOCUMENTS TO PROMOTE INVESTMENT ATTRACTION AND FACILITATE BUSINESS OPERATIONS

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On June 25, 2025, the National Assembly passed the Law amending and supplementing some articles of the Law on Bidding, the Law on Investment in the form of public-private partnership, the Law on Customs, the Law on Value Added Tax, the Law on Export Tax, Import Tax, the Law on Investment, the Law on…

COMPARATIVE TABLE OF THE LAW ON ENTERPRISES 2020 AND THE LAW AMENDING AND SUPPLEMENTING OF THE LAW ON ENTERPRISES 2025

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On June 17, 2025, the National Assembly of Vietnam officially passed the Law Amending and Supplementing Certain Articles of the Law on Enterprises. This is a necessary step and an important foundation to promote the development of enterprises in the new era. Recently, the Hanoi Radio and Television…

DECREE 117/2025/NĐ-CP:  TAX ADMINISTRATION FOR HOUSEHOLDS AND INDIVIDUALS ENGAGED IN BUSINESS ACTIVITIES ON E-COMMERCE AND DIGITAL PLATFORMS

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In order to enhance the effectiveness of tax administration over online business activities conducted by organizations and individuals engaged in e-commerce and digital platform activities, on 09 June 2025, the Government promulgated Decree No. 117/2025/ND-CP on tax administration for business activities…

DRAFT AMENDMENTS TO THE LAW ON ENTERPRISES – SOME CONCERNS REMAIN

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In the context of the Politburo issuing Resolution No. 68-NQ/TW on the development of the private economy, affirming the role of the private sector as one of the most important driving forces of the economy, and in order to address shortcomings and amend the provisions of the Law on Enterprises 2020…

RESOLUTION NO. 66-NQ/TW OF THE POLITBURO AND RESOLUTION NO. 197/2025/QH15 OF THE NATIONAL ASSEMBLY: FROM STRATEGIC ORIENTATION TO SPECIAL MECHANISMS FOR REFORMING VIETNAM LEGISLATION AND IMPLEMENTATION

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On April 30, 2025, the Politburo of the Central Committee issued Resolution No. 66-NQ/TW on innovating law-making and law enforcement to meet the country's development demands in the new era (“Resolution 66”), marking a significant milestone in legal institutional reform. Resolution 66 sets forth a…

RESOLUTION NO. 198/2025/QH15: INSTITUTIONALIZING SPECIAL MECHANISMS TO DEVELOP THE PRIVATE ECONOMY BASED ON RESOLUTION NO. 68-NQ/TW

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Based on Resolution No. 68-NQ/TW of the Politburo on the development of the private economy (“Resolution 68”), on May 17, 2025, the National Assembly adopted Resolution No. 198/2025/QH15 on several special mechanisms and policies for the development of the private economy (“Resolution 198”). Accordingly,…

ATA'S PROPOSALS FOR AMENDING LEGAL DOCUMENTS IN ACCORDANCE WITH RESOLUTION NO. 68-NQ/TW ON PRIVATE ECONOMIC DEVELOPMENT

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On May 4, 2025, the Politburo issued Resolution No. 68-NQ/TW (“Resolution 68”) on private economic development. Resolution 68 includes many specific and groundbreaking contents, demonstrating the determination to build and develop the private economy in the current. As a law consulting firm with many…

DECREE 71/2025/ND-CP: MANY NEW REGULATIONS FAVORABLE TO INVESTORS WHEN IMPLEMENTING PROJECTS UNDER THE PUBLIC-PRIVATE PARTNERSHIP METHOD (PPP PROJECTS).

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On March 28, 2025, the Government issued Decree No. 71/2025/ND-CP amending and supplementing several provisions of Decree No. 35/2021/ND-CP dated March 29, 2021, detailing and guiding the implementation of the Law on Investment under the Public-Private Partnership model ("Decree 71"). Accordingly, some…

DECREE 70/2025/ND-CP: STRENGTHENING THE MANAGEMENT OF SALE INVOICE ISSUANCE FOR INDIVIDUAL CONSUMERS

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Decree 70/2025/ND-CP (“Decree 70”), issued on March 20, 2025, amends and supplements several important provisions of Decree 123/2020/ND-CP (“Decree 123”) on invoices and documents. Decree 70 introduces significant adjustments regarding the timing of invoice issuance, integration of tax, fee, and charge…

DECREE 44/2025/NĐ-CP: NEW REGULATIONS ON SALARY, REMUNERATION, AND BONUS APPLIED TO STATE-OWNED ENTERPRISES FROM APRIL 15, 2025

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With the aim of empowering enterprises in salary management, ensuring wage levels align with market standards, and implementing a salary mechanism that enables businesses to attract and incentivize highly skilled personnel in high-tech fields prioritized by the State, on February 28, 2025, the Government…

THE US - CHINA TRADE WAR - OPPORTUNITIES AND CHALLENGES FOR VIETNAMESE MINNING ENTERPRISES AND ATA LAWYERS' RECOMMENDATIONS

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Vietnam is a country endowed with a diverse and abundant mineral resource base, playing a crucial role in socio-economic development. However, mineral extraction and export activities still face numerous challenges, including the need for sustainable management, compliance with legal regulations, and…

NEW CONTENTS ON BANK GUARANTEES FOR FUTURE HOUSING DEVELOPMENT

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In the context of a fluctuating real estate market, particularly with the upcoming enactment of the 2023 Real Estate Business Law, the demand for bank guarantees for future residential real estate projects has been on the rise. To address this increasing need, the State Bank of Vietnam issued Circular…