On July 31, 2026, the State Bank of Vietnam issued Circular No. 38/2026/TT-NHNN ("Circular 38") guiding foreign exchange management regarding foreign investment activities in Vietnam. Circular 38 officially takes effect from August 18, 2026, entirely replacing Circular No. 06/2019/TT-NHNN and amending/supplementing Circular No. 03/2025/TT-NHNN.

During the pre-licensing stage of establishing a foreign-invested enterprise (FDI) in Vietnam, foreign investors often need to transfer funds from abroad to make security deposits for land/factory leasing or to cover initial legal expenses. However, whether direct fund transfers from abroad can be lawfully recognized as charter capital contributions after...

Question: A foreign investor residing in Vietnam has a Vietnamese Dong (VND) payment account opened at a commercial bank and wishes to contribute capital to a domestic company. May I ask whether the foreign investor is permitted to transfer money directly from their VND payment account into the company's VND...

When implementing an investment project in Vietnam, one of the primary concerns for many foreign investors is the obligation to open a Direct Investment Capital Account (DICA). In practice, not all foreign-invested enterprises are required to open this type of account. However, for entities falling under the scope of foreign...

In the context of increasing demand for oral healthcare services and the growth of Vietnam’s healthcare service market, the dental clinic sector has become an attractive destination for foreign investors. However, this is a conditional business sector that is subject to simultaneous regulation by investment laws, laws on medical examination...

When working with foreign partners or executing international transactions, recognizing the legal validity of public documents is a mandatory step. An Apostille certification simplifies the process of using documents between Contracting States to the Apostille Convention, replacing the traditional consular legalization process. This article provides comprehensive and detailed information regarding...

Government Decree No. 296/2026/ND-CP on enterprise registration has been officially promulgated with numerous breakthrough changes, directly impacting corporate governance, investment, and legal compliance activities of organizations and individuals. Aimed at enhancing capital flow transparency, tightening control over ultimate beneficial owners, and promoting digital transformation in administrative procedures, the new Decree...

In the context of international economic integration, Vietnam has become a party to numerous international treaties and free trade agreements (FTAs), under which it has undertaken commitments on market access for foreign investors in various service sectors. With respect to sound recording services, foreign investors' market access is governed not...

Promotional activities serve as a crucial sales lever, but navigating the legal framework remains a complex puzzle for many enterprises. Notably, starting from 2026, Decree No. 239/2026/ND-CP officially amends and supplements several articles of Decree No. 81/2018/ND-CP, introducing core changes to administrative procedures. The following article provides a detailed A-to-Z...

I am a member participating in a ministry-level scientific and technological research project subject to selection registration. The task description for 2025 has been approved by the competent authority, and the project is currently being implemented during the 2026-2027 period. Under Clause 17, Article 4 of the Personal Income Tax...