Vietnam Regulatory Update: Key Changes Effective April 2026

Vietnam has introduced a series of regulatory updates effective April 2026, covering fire safety compliance, banking practices, foreign investment incentives, immigration enforcement, and administrative procedures. These changes signal a broader push toward stricter compliance, enhanced transparency, and digital governance.

Stricter fire safety penalties for EV charging infrastructure

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Under Decree 69/2026/ND-CP, which amends Decree 106/2025/ND-CP on fire prevention and firefighting (FPF), authorities have introduced higher penalties targeting indoor electric vehicle (EV) charging stations.

Fines of VND 40–50 million (approximately US$2,000) apply to violations such as:

• Failure to implement fire prevention solutions for centralized EV charging areas;
• Lack of dedicated power systems for fire prevention and firefighting;
• Failure to maintain operational fire safety power systems.

Additional penalties include:

• VND 40–50 million for failure to install fire alarm or firefighting systems;
• VND 10–15 million for non-compliance with explosion-proof electrical equipment maintenance;
• VND 10–15 million for missing emergency lighting and exit signage;
• VND 15–20 million for inadequate equipment for on-site firefighting teams.

Businesses operating residential-commercial complexes, parking facilities, or EV infrastructure should review fire safety systems and compliance protocols ahead of enforcement from April 20, 2026.

Mandatory real-name requirements for payment accounts

Circular 30/2025/TT-NHNN issued by the State Bank of Vietnam introduces stricter identity requirements for payment accounts.

From April 1, 2026:

• All bank payment accounts must use names matching official identification documents;
• The use of aliases or nicknames in account registration is no longer permitted.

This measure strengthens financial transparency and anti-fraud controls. Businesses, particularly those managing multiple accounts or third-party payment flows, should ensure account information is aligned with legal documentation.

Expanded incentives for FDI projects with technology transfer

Vietnam has introduced enhanced incentives under the amended Law on Technology Transfer (effective April 1, 2026), targeting foreign direct investment (FDI) projects that contribute to domestic technological capacity.

Eligible projects may receive:

• Tax incentives;
• Preferential land access;
• Credit support.

To qualify, projects must involve:

• Technology transfer to Vietnamese entities;
• Workforce training;
• Development of R&D, design, manufacturing, or application capabilities.

The policy reinforces Vietnam’s strategy to move up the value chain. Foreign investors integrating technology transfer into their market entry or expansion plans may benefit from preferential treatment.

New framework for deportation as an administrative sanction

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Decree 59/2026/ND-CP establishes clearer procedures for the deportation of foreign nationals violating Vietnamese law.

Key provisions include:

• Advance notice of deportation decisions at least 48 hours prior to enforcement;
• Rights to transfer lawful assets abroad;
• Access to interpreters and the ability to contact diplomatic missions;
• Rights to lodge complaints or denunciations.

Foreign individuals and employers should be aware of enhanced procedural clarity and enforcement mechanisms. Compliance with local regulations remains critical to avoid administrative sanctions.

Procedures for using citizen-submitted data in administrative enforcement

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Decree 61/2026/ND-CP formalizes mechanisms for collecting and using data provided by individuals and organizations to detect administrative violations.

Key features:

• Multiple submission channels, including government portals, email, hotlines, postal services, and the VNeID application;
• Data providers are entitled to confidentiality and updates on handling results;
• Responsibility for accuracy and cooperation with authorities;
• Verification timelines of up to 30 days (extendable to 60 days for complex cases).

This framework supports Vietnam’s shift toward digital governance and public participation in enforcement. Businesses should anticipate increased scrutiny, particularly in areas such as traffic, environmental compliance, and public safety.

Outlook

The April 2026 regulatory updates reflect Vietnam’s continued emphasis on compliance enforcement, digitalization, and sustainable development. For businesses, the changes underscore the importance of proactive compliance management, particularly in fire safety, financial transparency, and operational governance, while also presenting new opportunities in technology-driven investment sectors.

Setting up a business in Vietnam requires navigating company registration, local approvals, and work permit processes. We help FDI companies by preparing and submitting documentation, coordinating with authorities, and ensuring compliance, so they can start operations smoothly and focus on growth.

Tam Nguyen

Senior Manager

Talk to an expert at vietnam@dezshira.com

Or request a consultation at +84 28 3930 2828

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