Update

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

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

In Vietnam, the difference between compliance and facing fines often comes down to paperwork. It’s easy for foreign companies to get caught up in the excitement of tapping into Vietnam’s dynamic economy. But beneath the surface of high growth and low costs lies a complex regulatory maze that demands more than just good intentions. From … 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 Critical Role of Due Diligence for Foreign Investors in Vietnam Investing or doing business in Vietnam presents exciting opportunities, but it also comes with risks. Whether you’re entering a joint venture, acquiring a local company, or signing a business contract, it is crucial to verify your Vietnamese partner’s legitimacy before proceeding. For foreign investors, … Read More