Vietnam Briefing News

2025 CIT Law: New Rates Established and Industrial Park Incentive Removed

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Vietnam’s amended Corporate Income Tax (CIT) Law, effective October 1, 2025, moves away from location-based tax breaks and steers incentives towards priority industries, enterprise scale, and technological investment.

Vietnam Joins BRICS: Investment Opportunities in the Strategic Partnership

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Vietnam has officially received partner-country status within BRICS, joining Malaysia, Indonesia, and Thailand in aligning more closely with the bloc of major emerging economies.

Da Nang Free Trade Zone: Implementation Plan, Incentives, and Investment Opportunities

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Da Nang has received approval to develop a free trade zone, which is part of Vietnam’s ambitious plan to establish multiple free trade zones (FTZs) nationwide. This initiative signifies a significant shift in Vietnam’s economic strategy and trade development.

Vietnam Government Extends 2% VAT Reduction on Specific Goods and Services till End of 2026

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The Vietnam government has agreed to extend the 2 percent VAT reduction on specific goods and services till the end of 2026.

Vietnam Passes First-Ever Law on Digital Technology Industry

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Vietnam becomes the first country to pass a dedicated law on the digital technology industry. The new law introduces tax incentives, defines digital assets and AI regulation, and sets an ambitious goal to build 150,000 digital tech firms by 2035.

Vietnam’s Special Investment Procedure: Implementation and Implications for Foreign Investors

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Vietnam has implemented Decree 19/2025/ND-CP to expedite approvals for investment projects. This decree establishes a streamlined investment licensing process aimed at attracting high-quality capital, particularly in high-tech industries.

Greenwashing in Vietnam: Assessing Legal Consequences and Future Direction

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Although there are no specific laws against greenwashing in Vietnam, current advertising regulations and consumer rights ensure that companies remain accountable.

Guide to Setting Up a Retail Business in Vietnam

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Businesses seeking to expand in Vietnam’s retail market are advised to pay close attention to changes in the country’s legal and regulatory frameworks when adopting either a traditional sales, distribution, or omni-channel strategy.

Vietnam’s Provincial Mergers: Consolidation from 63 to 34 Provinces and Cities

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Vietnam’s lawmakers have officially adopted a new resolution to reduce the number of centrally governed cities and provinces to 34, with a goal to provide a bedrock for sustainable growth targets.

Foreign Employees in Vietnam: Proposal to Streamline Work Permit Application

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To reduce redundant compliance and clarify regulations, the Vietnamese government is drafting a new decree to reform the governance of foreign workers in the country.

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