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Category: Legal Update

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, […]

Planning with Certainty: Key Enhancements under Vietnam’s 2025 Planning Law

Posted on Jan 15, 2026 in Legal Update by

Written by Foreign Counsel, Vaibhav Saxena Legislative Status and Objective On 10 December 2025, the National Assembly adopted Law No. 112/2025/QH15 on Planning (“2025 Planning Law”), to enter into effect from 01 March 2026, repealing and replacing in full the 2017 Law on Planning. The stated and evident objective of the 2025 Planning Law is not to redesign Vietnam’s integrated planning model, but to: stabilise implementation after the first national planning cycle (2021–2030); correct hierarchy […]