Knowledge Center

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 […]

On December 25, 2025, the Chief Justice of the Supreme People’s Court issued Decision No. 339a/QĐ-CA, introducing ten new case laws. Among the most significant is Case Law No. 81/2025/AL (“Case Law 81”), which clarifies the Vietnamese judiciary’s approach to civil disputes concerning asset recovery. As counsel for the Service Provider (M Corporation) throughout this protracted litigation – from the court of first-instance to the cassation stage – VILAF is uniquely positioned to provide an […]

On 28 February 2026, the Ministry of Industry and Trade issued Decision No. 363/QĐ-BCT, approving the adjustment of the National Energy Master Plan for 2021–2030, with a vision to 2050 (the Revised NEMP). The Revised NEMP represents a material recalibration of Vietnam’s energy strategy, with an expected GDP rate at 10% in 2026 – 2030, with a stronger emphasis on: Energy security and supply reliability Balanced development across all energy sub-sectors Integrated infrastructure planning across […]

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 […]

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 […]