Legal update

DRAFT LAW ON INVESTMENT SUBMITTED FOR NATIONAL ASSEMBLY APPROVAL: EMPOWERING THE HEAD OF GOVERNMENT AND LOCAL AUTHORITIES IN INVESTMENT MANAGEMENT AND DECISION-MAKING

  • 25-11-2025
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On 11 November 2025, the Government submitted to the National Assembly the Draft Law on Investment (“Draft 2”) with several key adjustments compared to the Draft Law on Business Investment circulated for comments in September 2025 (“Draft 1”), as well as the current provisions of the Law on Investment…

DECREE 293/2025/ND-CP: FROM JANUARY 1, 2026, INCREASE IN REGIONAL MINIMUM WAGES FOR EMPLOYEES WORKING UNDER LABOR CONTRACTS

  • 21-11-2025
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On November 10, 2025, the Government issued Decree No. 293/2025/ND-CP stipulating the minimum wage for employees working under labor contracts (“Decree 293”), replacing the previous Decree No. 74/2024/ND-CP (“Decree 74”). Accordingly, from January 1, 2026, the minimum wage applicable to employees working…

DECREE 291/2025/ND-CP: REDUCTION OF THE ADDITIONAL LAND USE LEVY AND LAND RENT PAYABLE FOR THE PERIOD DURING WHICH LAND USE LEVY AND LAND RENT HAVE NOT BEEN CALCULATED

  • 15-11-2025
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On November 06, 2025, the Government promulgated Decree 291/2025/ND-CP (“Decree 291”) amending and supplementing several provisions of Decree No. 103/2024/ND-CP dated July 30, 2024 on land use levy and land rent (“Decree 103”) and Decree No. 104/2024/ND-CP dated July 31, 2024 on the land development…

CIRCULAR 99/2025/TT-BTC: KEY NEW POINTS ON THE CORPORATE ACCOUNTING REGIME EFFECTIVE FROM 01/01/2026

  • 15-11-2025
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On October 27, 2025, the Minister of Finance issued Circular No. 99/2025/TT-BTC guiding the corporate accounting regime (“Circular 99”), which fully replaces Circular 200/2014/TT-BTC (“Circular 200”) and applies to fiscal years beginning on or after January 1, 2026. Circular 99 marks an important shift…

DECREE NO. 268/2025/NĐ-CP: DIFFERENTIATING LICENSING CONDITIONS FOR THE ESTABLISHMENT OF SCIENCE AND TECHNOLOGY ENTERPRISES BASED ON THEIR SCALE OF OPERATION

  • 05-11-2025
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On 14 October 2025, Decree No. 268/2025/NĐ-CP was promulgated, providing detailed guidance for certain provisions of the Law on Science, Technology and Innovation concerning innovation; encouraging science, technology, and innovation activities within enterprises; recognition of innovation centers and…

DECREE NO. 262/2025/NĐ-CP: SCIENCE AND TECHNOLOGY ORGANIZATIONS ARE PERMITTED TO CONDUCT BUSINESS ACTIVITIES CONSISTENT WITH THEIR REGISTERED FIELDS OF OPERATION

  • 05-11-2025
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On October 14, 2025, the Government promulgated Decree No. 262/2025/NĐ-CP detailing and guiding the implementation of several provisions of the Law on Science, Technology, and Innovation regarding information, statistics, evaluation, digital transformation, and general matters (“Decree 262”). Below…

DECREE NO. 271/2025/NĐ-CP: GUIDELING THE ESTABLISHMENT OF ENTERPRISES BY PUBLIC SCIENCE AND TECHNOLOGY INSTITUTIONS IN HANOI

  • 03-11-2025
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Pursuant to Clause 4, Article 23 of the Law on the Capital 2024 (effective as of January 1, 2025), public science and technology organizations and public higher education institutions (“Public Science and Technology Institutions” or “Public STI”) are permitted to establish enterprises, contribute capital…

DECREE NO. 274/2025/NĐ-CP: TIME TO DETERMINE ACTS OF EVASION OF COMPULSORY SOCIAL INSURANCE AND UNEMPLOYMENT INSURANCE CONTRIBUTIONS

  • 31-10-2025
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Under the Law on Social Insurance 2024, employers are required to register and make full and timely contributions to compulsory social insurance (SI) and unemployment insurance (UI) for their employees in accordance with statutory regulations. If an enterprise is found to have delayed or evaded contributions,…

DECREE NO. 257/2025/NĐ-CP: INVESTORS OF BT PROJECTS WHO WISH TO RECEIVE ONE-TIME LAND FUND PAYMENT MUST PROVIDE A PERFORMANCE GUARANTEE EQUAL TO 100% OF THE VALUE OF THE BT WORKS

  • 17-10-2025
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On October 3, 2025, the Government promulgated Decree No. 257/2025/NĐ-CP detailing the implementation of projects under the Build–Transfer (BT) contract type (“Decree 257”). Overall, Decree 257 is based on the principle of facilitating the implementation of BT projects while maintaining oversight and…

DECREE NO. 261/2025/ND-CP: INDIVIDUALS WITH INCOME UP TO VND 30 MILLION OR HOUSEHOLDS WITH INCOME UP TO VND 40 MILLION MAY STILL PURCHASE SOCIAL HOUSING

  • 17-10-2025
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On October 10, 2025, the Government promulgated Decree No. 261/2025/ND-CP (“Decree 261”) amending and supplementing a number of articles of Decree No. 100/2024/ND-CP dated July 26, 2024, detailing the implementation of certain provisions of the Law on Housing regarding the development and management…

RESOLUTION NO. 222/2025/QH15: ALLOWING IMPLEMENTATION AND EXEMPTION FROM LIABILITY FOR PILOTING BUSINESS MODELS NOT YET REGULATED BY LAW IN THE VIETNAM INTERNATIONAL FINANCIAL CENTERS IN HO CHI MINH CITY AND DA NANG CITY

  • 14-10-2025
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On June 27, 2025, the National Assembly passed Resolution No. 222/2025/QH15 (“Resolution 222”) providing regulations on the Vietnam International Financial Centers (“VIFC”). Resolution 222 authorizes the Government to establish VIFCs located in Da Nang and Ho Chi Minh City, which will gather members…

DECREE NO. 249/2025/ND-CP: SPECIAL INCENTIVES FOR EXPERTS IN SCIENCE, TECHNOLOGY, INNOVATION AND DIGITAL TRANSFORMATION

  • 03-10-2025
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One of the guiding viewpoints of the Politburo under Resolution No. 68-NQ/TW is “to develop and improve laws and breakthrough mechanisms and policies to encourage the private economy to grow in priority areas, investment in research and development, application of science and technology, innovation,…

RESOLUTION NO. 68-NQ/TW & RESOLUTION NO. 66-NQ/TW: REMOVING LEGAL “BOTTLENECKS” TO CREATE DEVELOPMENT SPACE FOR ENTERPRISES

  • 25-09-2025
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Continuing a series of media engagements, articles, and in-depth analytical features on the content and implications of Resolution No. 68-NQ/TW and Resolution No. 66-NQ/TW, on September 25, 2025, at the invitation of the Editor-in-Chief of Life & Law Magazine, Ms. Nguyen Thi Ngoc Anh – Managing Partner…

DECREE NO. 243/2025/ND-CP: FURTHER SHORTENING THE TIME FOR APPRAISAL AND APPROVAL PROCEDURES OF PPP PROJECTS

  • 19-09-2025
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On March 28, 2025, the Government promulgated Decree No. 71/2025/ND-CP (“Decree 71”) amending and supplementing a number of provisions of Decree No. 35/2021/ND-CP dated March 29, 2021 (“Decree 35”) providing detailed regulations and guidance on the implementation of the Law on Investment in the form…

DECREE NO. 245/2025/ND-CP: TIGHTENING CONDITIONS FOR SECURITIES OFFERINGS AND ENHANCING CONTROL OVER THE USE OF PROCEEDS FROM BOND ISSUANCE

  • 19-09-2025
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On September 11, 2025, the Government promulgated Decree No. 245/ND-CP amending and supplementing a number of provisions of Decree No. 155/2020/ND-CP dated December 31, 2020 of the Government (“Decree 245”), which provides detailed regulations on the implementation of a number of provisions of the Law…