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LEGAL DOCUMENTS IN VIETNAM

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Decision No. 36/2025/QD-TTg promulgating Vietnam Standard Industrial Classification

Decision No. 36/2025/QD-TTg promulgating Vietnam Standard Industrial Classification

On September 29, 2025, the Deputy Prime Minister signed Decision No. 36/2025/QD-TTg promulgating Vietnam Standard Industrial Classification, replacing Decision No. 27/2018/QD-TTg. Decision No. 36/2025/QD-TTg takes effect from November 15, 2025.…
New Vietnam Valued Added Tax Law from July 1, 2025

New Vietnam Valued Added Tax Law from July 1, 2025

On November 26, 2024, the Vietnamese National Assembly passed the Law on Value Added Tax 2024 (replacing the Law on Value Added Tax 2008). This law will take effect from…
Vietnam Business Line Codes under Decision 36/2025

Vietnam Business Line Codes under Decision 36/2025

VSIC (Vietnam Standard Industrial Classification) consists of 5 levels of Business Line code according to Decision No. 36/2025/QD-TTg detailing the industry codes related to business sectors in Vietnam, issued on…
What is Open API Data Sharing in Vietnam?

What is Open API Data Sharing in Vietnam?

Credit scoring; Data sharing via open application programming interface (Open API); Peer-to-peer lending (P2P Lending). One of the important ...
Key Amendments in the Revised Vietnamese Pharmacy Law 2024

Key Amendments in the Revised Vietnamese Pharmacy Law 2024

On November 21, 2024, the National Assembly officially passed the Law amending and supplementing a number of articles of the Pharmacy Law 2016, which will officially take effect from July…
Proposed Personal Income Tax Relief Levels in Vietnam for 2026

Proposed Personal Income Tax Relief Levels in Vietnam for 2026

In the context of significant socio-economic fluctuations, with increasing changes in people’s income and cost of living, adjusting personal income tax policies has become necessary to ensure fairness and alignment…
Key Highlights of Decree 58/2025/ND-CP on Renewable Energy in Vietnam

Key Highlights of Decree 58/2025/ND-CP on Renewable Energy in Vietnam

On March 03, 2025, the Government promulgated Decree No. 58/2025/ND-CP, providing detailed regulations for the implementation of certain articles of the Law on Electricity regarding the development of renewable and…
VAT Refund Eligibility Criteria 2025 in Vietnam

VAT Refund Eligibility Criteria 2025 in Vietnam

On July 1, 2025, the Law on Value-added Tax 2024 (Law No. 48/2024/QH15) officially took effect, marking an important adjustment in Vietnam’s tax policy. In particular, the regulations on VAT…
Decree 245/2025/ND-CP Amendments: Securities Law Guidance in Vietnam

Decree 245/2025/ND-CP Amendments: Securities Law Guidance in Vietnam

On September 11, 2025, the Government issued Decree 245/2025/ND-CP, dated September 11, 2025, amending and supplementing several articles of Decree 155/2020/ND-CP dated December 31, 2020, detailing the implementation of several…
Personal liability of legal representatives in Vietnam

Personal liability of legal representatives in Vietnam

A legal representative is the face of an enterprise, entrusted with the responsibility of management and decision-making. However, authority always goes hand in hand with responsibility. In this article, Viet…

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