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.
As environmental awareness rises in Vietnam, consumers are increasingly conscious of sustainability in their purchases. While there are no specific laws against greenwashing, existing advertising regulations and consumer protection laws hold companies accountable.
Vietnam has officially implemented the new system of 34 provincial-level administrative units. The restructuring plan is expected to clear bureaucratic hurdles, streamline administrative procedures, and provide a bedrock for sustainable growth targets.
Vietnam's Decree 19/2025/ND-CP, effective February 10, 2025, accelerates investment project approvals through a special procedure that streamlines licensing, aiming to attract high-quality capital, particularly in high-tech industries.
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.
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