Legal update

• 23-05-2025
• 50
• 0

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…

• 23-05-2025
• 70
• 0

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,…

• 19-05-2025
• 37
• 0

On May 4, 2025, the Politburo issued Resolution No. 68 on the development of the private sector — an important policy document that outlines specific solutions to support businesses, particularly innovative startups. This resolution is expected to provide a strong boost to Vietnam’s startup ecosystem…

• 17-05-2025
• 173
• 0

On April 29, 2025, the Government promulgated Decree No. 94/2025/ND-CP providing regulations on the controlled testing mechanism (Sandbox) in the banking sector for the implementation of new products, services, and business models through the application of technological solutions (“Decree 94”), with…

• 17-05-2025
• 142
• 0

On May 5, 2025, the Ministry of Finance issued Circular 19/2025/TT-BTC, regulating public company registration, revocation of public company status, and audited charter capital contribution reports ("Circular 19"), with notable new provisions as follows: 1. Public company registration documents must…

• 16-05-2025
• 46
• 0

The Tax Department has issued Notification No. 237/TB-CT regarding the temporary suspension of several IT application systems from May 23 to June 15, 2025, to facilitate the relocation of the main Data Center to a new site. The systems that will be suspended during this period include: eTax, Electronic…

• 12-05-2025
• 193
• 0

Decree No. 70/2025/ND-CP will come into effect on June 1, 2025. Accordingly, enterprises and organizations engaged in the sale of goods or provision of services—including direct sales and services to consumers (e.g., shopping centers; supermarkets; retail sales (excluding automobiles, motorcycles, and…

• 10-05-2025
• 173
• 0

On April 26, 2025, the Minister of Finance issued Circular No. 18/2025/TT-BTC (“Circular 18”) amending and supplementing several articles of Circular No. 119/2020/TT-BTC dated December 31, 2020, providing regulations on securities registration, depository, clearing and settlement, and Circular No. 96/2020/TT-BTC…

• 09-05-2025
• 205
• 0

On April 29, 2025, the State Bank of Vietnam issued Circular No. 02/2025/TT-NHNN ("Circular 02") regulating the issuance of domestic certificates of deposit by credit institutions and foreign bank branches, replacing Circular No. 01/2021/TT-NHNN ("Circular 01") which previously governed the issuance…

• 07-05-2025
• 471
• 0

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…

• 25-04-2025
• 163
• 0

On April 16, 2025, the Members’ Council of the Vietnam Securities Depository and Clearing Corporation (“VSDC”) issued Decision No. 30/HĐ-TV (“Decision 30”), replacing Decision No. 23/QĐ-HĐTV dated August 10, 2023, which provides detailed regulations on the registration and exercise of covered warrants…

• 25-04-2025
• 247
• 0

On April 16, 2025, the Vietnam Securities Depository and Clearing Corporation ("VSDC") issued Decision No. 26/QĐ-HĐTV ("Decision 26") on the promulgation of the "Regulations on Clearing and Settlement of Derivatives Transactions at the Vietnam Securities Depository and Clearing Corporation (VSDC)",…

• 18-04-2025
• 266
• 0

On April 8, 2025, the Government issued Decree No. 85/2025/ND-CP detailing certain articles of the Public Investment Law (“Decree 85”). The key ponits of Decree 85 are as follows: 1. Decentralization or Delegation for Public Service Units to Approve Public Investment Projects The Public Investment Law…

• 18-04-2025
• 360
• 0

The 2024 Amendment and Supplementary Law on Independent Auditing has added a new category of entities required to audit their financial statements annually: "other large-scale enterprises as defined by the Government." On April 14, 2025, the Government issued Decree No. 90/2025/ND-CP ("Decree 90"),…

• 18-04-2025
• 303
• 0

On April 11, 2025, the Government issued Decree No. 87/2025/ND-CP (“Decree 87”) on the reduction of land rental fees in 2024 for enterprises, organizations, and individuals who lease land directly from the State and pay rent annually. This is an important financial support policy in the field of land,…