Knowledge Center

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 […]

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. […]

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 […]

For the first time in Vietnam, electronic notarization (“e-notarization“) will be permissible, as from July 1, 2025, under the new Notarization Law and its implementing Decree 104/2025/ND-CP (collectively, the “New Laws”). 1. Key Principles and Scope of Electronic Notarization Under the New Laws, e-notarization is defined as notarization conducted through electronic means to create an electronic notarized document. E-notarization must adhere to the general notarization principles and additional e-notarization principles such as information security, data […]

1. Policies for development of the private economy On 17 May 2025, the National Assembly adopted Resolution No. 198/2025/QH15 (“Resolution 198”) providing for special policies to develop the private economy. Major policies outlined in Resolution 198 are as follows: Improvement of business environment Resolution 198 sets out the directions for improvement of business environment, including among others, the following principles: Reducing inspections and examinations of enterprises; Improving the legal framework and removing barriers to market […]