Knowledge Center

Written by Foreign Counsel, Vaibhav Saxena The global energy transition is no longer a distant aspiration—it is the defining industrial and environmental challenge of our time. For Vietnam, the stakes could not be higher. Reliable, affordable, and clean electricity will determine not only the country’s ability to meet its climate commitments but also its competitiveness in a carbon-constrained global economy. Remarkable Progress—But with Structural Strains Vietnam’s record over the past ten years is nothing short […]

Vietnam’s banking and finance sector continues to evolve amid global economic shifts and domestic regulatory reforms. In the Banking & Finance Guide 2025: Vietnam published by IFLR, VILAF Partner Tung Nguyen offers expert insights into the latest legal developments, market trends, and challenges shaping the financial landscape. This guide provides valuable perspectives for investors, legal professionals, and financial institutions navigating Vietnam’s dynamic regulatory environment. 1 Overview of the legal framework 1.1 Primary sources of banking […]

On 9 September 2025, the Government of Vietnam issued Resolution No. 05/2025/NQ-CP (Resolution 05), launching a five-year pilot program for a tokenized assets (officially termed “tài sản mã hóa,” often translated as “crypto assets”) market in Vietnam. The Resolution governs the offering, issuance, trading, custody, and provision of crypto-asset services.  It governs crypto-asset-related activities of issuers, service providers, investors, and relevant authorities. Key Takeaways Issuance of crypto assets must be backed by existing underlying assets, […]

1. Quality of goods The National Assembly recently adopted Law No. 78/2025/QH15 (“Law 78/2025”) amending the Law on Quality of Products and Goods and Law No. 70/2025/QH15 (“Law 70/2025”) amending the Law on Standards and Technical Regulations. The adoption of Law 78/2025 and Law 70/2025 aims to further improve the efficiency of quality control activities, enhance the responsibilities of business entities and safeguard consumer interests. With effect from 1 January 2026, these Laws introduce a […]

On 7 August 2025, the Government of Vietnam issued Decree No. 219/2025 (“Decree 219”) governing foreign workers working in Vietnam, amending Decree No. 152/2020, as amended (“Decree 152”). Modernizing and Liberalizing its talent mobility with its growth strategy. Ambit Decree 219 applies to foreign nationals working in Vietnam under one of 13 enumerated categories, including: Employees under labor contracts; Intra-company transferees and other transfers; Service providers, contractors, and volunteers; Representatives establishing a commercial presence; Family […]