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Category: Legal Update

New US – Vietnam Transshipment Tariff Agreement

Posted on Jul 10, 2025 in Legal Update by

Written by Senior Partner Tung Ngo, Senior Associate Esko Cate, and Associate Viet Nguyen The United States has recently formalized a trade agreement with Vietnam that introduces a 40% tariff on goods transshipped via Vietnam, targeting products rerouted from other countries to avoid existing U.S. trade barriers. In exchange, a 20% tariff (substantially reduced from the tariff announced in April) will apply to Vietnamese-manufactured goods under the new framework. While the full implementation details have not […]

Vietnam Ushers in a New Era of Innovation with Incentives for Digital Tech, Data Centers, Semiconductors, and Tokenized Assets

Posted on Jul 8, 2025 in Legal Update by

Written by Senior Partner Duyen Ha Vo and Associate Chau Nguyen In June 2025, Vietnam reached a major milestone in its digital transformation with the enactment of its first-ever law on digital assets, including tokenized assets, together with a suit of other related legal reforms to drive digital innovation and attract high-tech investment. These include the Law on Digital Technology Industry, the Amendment Law amending eight existing investment-related laws, and a new Law on Corporate […]

Expiry of Land-Use Projects with a Term of 50 Years or Less

Posted on Jul 2, 2025 in Legal Update by

Written by Partner Bui Ngoc Anh and Senior Associate Tung Pham With more than 35 years of foreign investments in Vietnam, various land-use projects, particularly those with less than 50-year term, are approaching expiry. With the new land law and investment law, it is crucial for the investors to understand the regulations on the adjustment/extension of the project operation duration and proactively manage and plan for adjustment/extension application process or even to liquidate the project. […]

Key Amendments to the Law on Enterprises

Posted on Jun 18, 2025 in Legal Update by

On 17 June 2025, the National Assembly promulgated the Law on Amending the Law on Enterprises (“Amended LOE 2025”). The Amended LOE 2025 is set to take effect on 1 July 2025. The Amended LOE 2025 introduces several key changes that aim to enhance transparency and accountability within businesses operating in Vietnam. These changes include new concepts and supplementary provisions to existing regulations, laying the groundwork for a more robust and transparent corporate environment. Below […]