Before committing to an investment in a free trade zone (FTZ), a foreign investor needs to know which activities the company may carry out, which approvals it needs, and when customs benefits apply. Free trade zones in Vietnam under Decree 378/2026 offer a legal framework for these decisions, subject to the rules for the zone, …
Foreign suppliers considering public contracts in Vietnam need to know whether the buyer can accept their bid and the goods or services they propose. A product may be commercially suitable while the bidding company or its supply arrangements fall outside the conditions of a particular tender. Decree 374/2026/ND-CP on Government Procurement, issued on September 30, …
Choosing an industrial cluster for a factory involves more than comparing rent, transport costs, and available space. The site needs to accommodate the proposed manufacturing activity and be ready for lawful production when the business plans to launch. Decree 303/2026/ND-CP on Industrial Clusters took effect on September 15, 2026. It amends Decree 32/2024/ND-CP on the …
A foreign-invested company may want to open a store, sell directly to consumers or add a marketplace to its website. Each decision can change the permissions it needs in Vietnam, even when the company is already registered and operating. This framework is set out in Decree 342/2026/ND-CP on FDI trading, which regulates goods trading and …
Foreign investment capital accounts under Circular 38/2026/TT-NHNN changed the foreign-exchange framework for foreign investment from August 18, 2026. It replaced Circular No. 06/2019/TT-NHNN and updates how specified investment money is received, transferred, returned and reinvested in Vietnam. A foreign investment capital account is a designated bank account used for specified foreign investment money entering, moving …
Vietnam has cut back the list of business activities that need special approval. Vietnam Resolution No. 66.17/2026/NQ-CP on Conditional Business Sectors took effect on July 1, 2026. It applies for a limited period, and a further revision of the list is expected. A company should check the list whenever it starts a new activity, adds …
The Vietnamese Government issued Vietnam Decree No. 296/2026/ND-CP on July 23, 2026. It took effect on the same day and amends Decree No. 168/2025/ND-CP on enterprise registration. The changes affect how foreign investors form companies, identify beneficial owners, submit online filings and manage suspended enterprises. For new projects, the decree also puts the ERC-first sequence …
The Vietnamese Government issued Decree No. 288/2026/ND-CP on July 21, 2026. The decree took effect on the same day and raises administrative penalties for late, missing, incomplete or inaccurate corporate filings. It amends Decree No. 122/2021/ND-CP on administrative penalties in the planning and investment sector. It also creates clear penalty exposure for failures involving beneficial …
The Vietnamese Government has issued Resolution No. 66.23/2026/NQ-CP, dated July 24, 2026, introducing temporary special mechanisms in the anti-money laundering framework. The resolution amends and supplements provisions of the Law on Anti-Money Laundering 2022 and its guiding documents, setting beneficial ownership standards for AML compliance, and it changes how beneficial ownership is identified for customer …
When Vietnam issues a new decree on investment, the most common question managers ask is whether foreign-owned companies have to amend IRC or ERC. With Decree 96/2026/ND-CP, the answer for most operating businesses is no. You do not have to rush to amend your Investment Registration Certificate (IRC) or Enterprise Registration Certificate (ERC) just because …
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