Knowledge Center

Greater Investment Funding Flexibility – VIFC Capital Flows Framework The State Bank of Vietnam has issued Circular No. 38/2026/TT-NHNN (“Circular 38”), replacing Circular No. 06/2019/TT-NHNN (“Circular 06”) with effect from 18 August 2026. Circular 38 is more than a technical update.  While preserving the familiar framework for investment capital accounts, capital contributions, acquisition payments and profit repatriation, Circular 38 modernizes that framework in several important respects. Most notably, the new Circular: integrates investments from the […]

Vietnam has taken another significant step in modernising its investment framework with the issuance of Decree No. 274/2026/NĐ-CP (“Decree 274”), which provides detailed guidance on investor selection for business investment projects under the Law on Bidding. Effective from 21 August 2026, the Decree replaces the fragmented implementing regime previously contained in Decree No. 23/2024/NĐ-CP, Decree No. 115/2024/NĐ-CP and the relevant amendments introduced by Decree No. 225/2025/NĐ-CP, while also amending certain provisions governing BT (Build-Transfer) projects […]

On 8 June 2026, the Politburo issued Resolution No. 10-NQ/TW on the development of the foreign-invested economic sector (“Resolution 10”), setting out Vietnam’s strategic direction for foreign investment through 2030 with a vision towards 2045. Although the Resolution does not itself amend existing laws, Politburo resolutions historically serve as the foundation for future legislative reforms and government action plans. Resolution 10 therefore provides an important indication of how Vietnam’s investment regime is likely to evolve […]

Vietnam’s newly enacted Investment Law 2025 represents a significant step in the country’s ongoing investment regulatory reform. Effective from 1 March 2026, the law introduces streamlined procedures, clearer approval frameworks, and greater flexibility for investors. In this article published by In‑House Community, VILAF Partner Ngoc Luong Trinh highlights the key changes and examines their implications for both domestic and foreign investors operating in Vietnam. For the full article, https://issuu.com/inhousecommunity/docs/in-house_community_magazine_vol_6_issue_2_2026/33 Download a copy here.

Decree No. 96/2026/NĐ-CP, issued on 31 March 2026, is not simply an implementing decree to the Law on Investment 2025. It is a system-level recalibration of how investment is admitted, structured and supervised in Vietnam. The Decree replaces Decree No. 31/2021/NĐ-CP and moves Vietnam decisively toward a rules-based, data-driven and enforcement-oriented regime. The significance of this shift is not limited to regulatory clarity. It fundamentally alters how investors must approach entry, structuring and execution. At […]