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Category: Legal Update

Legal Update: March 2026

Posted on Mar 12, 2026 in Legal Update by

1. Minerals The National Assembly recently adopted Law No. 147/2025/QH15 (“Law 147/2025”) to amend the Law on Geology and Minerals No. 54/2024/QH15 dated 29 November 2024 (“Law on Geology and Minerals”). The Government also issued Decree No. 21/2026/ND-CP (“Decree 21”) to amend Decree No. 193/2025/ND-CP implementing the Law on Geology and Minerals. Law 147/2025 which became effective on 1 January 2026, and Decree 21 which became effective on 16 January 2026 contain some key amendments […]

Waiver of the Right to Request the Court to Set Aside an Arbitral Award

Posted on Feb 25, 2026 in Legal Update by

In many jurisdictions[1], parties to arbitration may agree to waive their right to request a court to set aside an arbitral award. This mechanism, grounded in the principles of freedom of contract and party autonomy – cornerstones of both contract law and commercial arbitration – reinforces the finality of arbitral awards, reduces judicial interference, and strengthens arbitration as a reliable dispute resolution tool. Vietnam’s arbitration system has made notable progress in recent years, yet its […]

Vietnam’s Enhanced Energy Efficiency Framework and Investment Outlook

Posted on Feb 13, 2026 in Energy by

On 21 January 2026, the Government issued Decree No. 30/2026/NĐ-CP (“Decree 30”), with effect[1] and replacing Decree No. 21/2011/NĐ-CP and detailing implementation of the Law on Economical and Efficient Use of Energy (as amended in 2025). Decree 30 materially strengthens Vietnam’s energy efficiency governance framework by: Formalizing compliance obligations for key energy-consuming facilities; Centralizing and professionalizing the regulation of energy audit organizations; Tightening the energy labeling and market surveillance regime; Establishing the legal framework for […]

Rehabilitation as the New Normal: Vietnam’s New Law on Rehabilitation and Bankruptcy

Posted on Feb 1, 2026 in Banking & Finance by

Written by Senior Partner Duyen Ha Vo and Counsel Hanh Hien Nguyen The new Law on Rehabilitation and Bankruptcy 2025 (the “2025 Law”) marks a fundamental shift in Vietnam’s insolvency regime, with material implications for creditors and enterprises. Vietnam’s insolvency regime has evolved significantly since the enactment of the Law on Enterprise Bankruptcy 1993 (the first bankruptcy law), followed by the Bankruptcy Law 2004 and the more comprehensive Bankruptcy Law 2014 (the “2014 Law”), which […]

Vietnam Enacts Its First Law on Artificial Intelligence: Key Regulatory Obligations from 1 March 2026

Posted on Jan 19, 2026 in Legal Update by

Written by Vaibhav Saxena On 10 December 2025, the National Assembly of Vietnam passed Law No. 134/2025/QH15 on Artificial Intelligence (the “AI Law”). This is Vietnam’s first dedicated statute governing artificial intelligence activities. The AI Law will enter into force on 1 March 2026 (“Effective Date”) and establishes a unified legal framework regulating the development, supply, deployment, and use of AI systems in Vietnam. Purview The AI Law governs: Activities relating to research, development, provision, […]