On February 18, 2025, Vietnam will implement a significant change in its tax policy by abolishing import tax and VAT exemptions for goods valued under 1 million VND. This decision marked a turning point for Vietnam’s economy, particularly impacting the cross-border trade and e-commerce industries. The move aims to boost domestic production and create a … Read More
Vietnam has made substantial progress in refining its legal framework to meet growing demands for transparency, efficiency, and fairness in asset management. The Revised Law on Asset Auctions 2024, effective from January 1, 2025, represents a major advancement in enhancing regulations to ensure that auctions are conducted transparently, fairly, and effectively. This article examines the … Read More
The stock market is one of the most important areas for raising capital and meeting investment needs in the economy. However, ensuring transparency and fairness in the stock market has always been a top priority. Against this backdrop, the 2024 Amended Securities Law, which revises several key provisions, has been approved by the National Assembly … Read More
A New Era of Opportunity or Complexity for Foreign Businesses in Hanoi? Imagine standing in the heart of Hanoi, surrounded by its vibrant energy, historical elegance, and the relentless pace of economic development. This city, deeply rooted in its thousand-year-old legacy, is at a tipping point. The Vietnam Capital Law 2024—a groundbreaking legal framework—has just … Read More
On November 30, 2024, the National Assembly officially passed the Electricity Law Amendment 2024, marking a significant step in establishing a new legal framework aligned with the growing demand for sustainable energy development. This law not only addresses existing challenges in the power sector but also opens doors to promising opportunities in the future. Key … Read More
The decision by Vietnam to ban e-cigarettes is a turning point in public health policy. As the popularity of e-cigarettes surges among young people and their associated health risks become more apparent, the Vietnamese government’s resolute action is both timely and necessary. This ban encompasses production, trade, importation, advertising, and use of e-cigarettes, aiming to … Read More
The Hidden Cost of Ignorance in Vietnam’s Real Estate Market Imagine that you have invested in Vietnam’s thriving real estate market, drawn by its booming economy and lucrative potential. But as you start to see returns, an unexpected tax bill cuts deep into your profits. Worse yet, you realize you could have avoided this, if … Read More
For foreign companies and individuals doing business in Vietnam, understanding the legal landscape is important for avoiding disputes and maintaining successful operations. Among the critical areas of legal compliance is corporate civil liability in Vietnam, which is the company’s obligation to compensate for damages caused by wrongful acts, negligence, or breaches of duty, ensuring fairness … Read More
With the rise of the digital age, Vietnam has experienced rapid growth in internet usage, digital content consumption, and online services. However, this growth also brings challenges, including concerns around data privacy, content management, and cybersecurity. Recognizing the need for a modern regulatory framework, the Vietnamese government introduced Decree No. 147/2024/NĐ-CP (Decree 147), a decree … Read More
On October 3, 2024, Thailand’s Department of Foreign Trade (DFT) had officially launched an anti-dumping investigation targeting Vietnam’s cold rolled stainless steel imports. The investigation stems from allegations made by a major player in the Thai stainless steel industry, which claims that Vietnamese cold rolled stainless steel is being sold in Thailand at unfairly low … Read More
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