In the context of deep international economic integration and stable growth, Vietnam has established itself as an attractive investment destination for the international investor community. The Vietnamese securities market, although relatively nascent, has been progressively affirming its role as an effective capital mobilization channel for the economy and a source...

On June 13, 2025, Permanent Deputy Prime Minister Nguyen Hoa Binh signed Decision No. 1142/QD-TTg, officially establishing the Da Nang Free Trade Zone. Spanning 1,881 hectares across 7 strategic locations, this groundbreaking initiative aims to transform Da Nang into a new growth pole for Central Vietnam and the entire country. The...

As Da Nang rapidly emerges as Vietnam's premier hub for technology and innovation, the city is launching a strategic initiative to anchor its position in the global semiconductor value chain. The Department of Finance of Da Nang City now formally invites forward-thinking domestic and international investors to submit proposals for a...

On April 29, 2025, the State Bank of Vietnam issued Circular No. 03/2025/TT-NHNN ("Circular 03"), which replaces Circular No. 05/2014/TT-NHNN ("Circular 05/2014"). Circular 03 provides updated regulations on the opening and use of Vietnam Dong ("VND") accounts—specifically Indirect Capital Accounts ("ICAs")—by foreign investors for conducting foreign indirect investment activities and...

In the trend of globalization and deep integration, the demand for foreign labor in Vietnam is increasing, especially in fields requiring high expertise or specific characteristics. However, to ensure legality and compliance with state management regulations, all activities of recruiting and using foreign labor must be carried out in accordance...

The new regulations on Ultimate Beneficial Owners (UBOs) have been further specified in Decree No. 168/2025/ND-CP, issued on June 30, 2025. Decree 168/2025/ND-CP officially takes effect from July 1, 2025.

AN IN-DEPTH ANALYSIS OF LEGAL REGULATIONS AND PRACTICAL GUIDANCE UPDATED TO 2025

In Vietnam, a work permit is a mandatory condition for foreign nationals to work legally. However, the prevailing law also stipulates certain cases that are exempt from the work permit requirement. A clear understanding of which cases are exempt and what procedures must be followed is essential, particularly as many...

On June 17, 2025, the National Assembly passed Law No. 76/2025/QH15, amending and supplementing a number of articles of the Law on Enterprises. Accordingly, effective from July 1, 2025, Vietnam officially implements regulations concerning the "Ultimate Beneficial Owner" (UBO) in its legal framework for enterprises. The official regulation of beneficial ownership...

In the age of technology, as sales through e-commerce channels are booming, contracts for designing websites and mobile applications (apps) have become more prevalent than ever. However, this has been accompanied by an increase in disputes arising from these contracts. In this article, DB Legal will analyze a typical case...