Vietnam's draft Commercial Law 2026 removes the 8% contract penalty cap, allowing unlimited breach penalties. Learn how this affects your contracts, liquidated damages clauses, and dispute strategy.
On December 10, 2025, the National Assembly passed the amended Law on Personal Income Tax (Law No. 109/2025/QH15) with many important changes regarding tax brackets, tax-exempt levels for business households, and the scope of taxable income. The roadmap for…
Vietnam launches first AI Law 2025 (No. 134/2025) - comprehensive guide covering risk classification, prohibited practices, compliance requirements, and business support policies.
Digital transformation is the “golden key” for Vietnam to enter the era of the knowledge economy. However, digital technology, especially in key areas, depends heavily on high-quality human resources. Meanwhile, digital technology human resources in Vietnam are seriously lacking.…
On February 19, 2025, the Law on Promulgation Legal Documents No. 64/2025/QH15 was officially passed, replacing the Law on Promulgation Legal Documents 2015, as amended in 2020. This new law will take effect from April 1, 2025. Subsequently, in…
Vietnam is entering a new phase in protecting personal data with the introduction of the Law on Personal Data Protection, which is expected to take effect from January 1, 2026. This is an important step in perfecting the legal…
Cadres are Vietnamese citizens who are elected, approved, designated or appointed to hold positions and titles for a given term in agencies of
The National Assembly of Vietnam promulgates the Law on Amendments to some Articles of the Criminal Code No. 100/2015/QH13, amended
July 1, 2025, marks an important milestone in the Vietnamese legal system when a series of new laws will officially take effect. This event not only marks a step forward in the process of perfecting the legal system but…
To ensure transparency, fairness, and efficiency of auction activities, our State has prohibited the implementation of many legal regulations. Decree 172/2024/ND-CP: Auction Law guidance in Vietnam, effective from January 1, 2025, replacing Decree 62/2017/ND-CP and Decree 47/2023/ND-CP and providing…
