The agreement on nationality selection for a child with foreign elements is a crucial legal procedure, reflecting the intersection of international law and Vietnamese regulations. This article provides an in-depth analysis of the mechanism for nationality selection agreements for children under the Law on Nationality of Vietnam. It clarifies the...

With the enactment of the Law on Telecommunications No. 24/2023/QH15, which came into effect on July 1, 2024, Vietnam has established a robust legal framework with clear definitions and regulations to govern the nation's burgeoning data center industry. This new legislation creates a stable and transparent environment for growth. This...

Vietnam has taken a landmark step in data privacy with the official passing of the Law on Personal Data Protection (Law No. 91/2025/QH15) by the 15th National Assembly on June 26, 2025. Set to take effect on January 1, 2026, this comprehensive legislation establishes an entirely new legal framework, superseding...

Effective from July 1, 2025, the process for obtaining a work permit for foreign employees in Vietnam has officially entered a new phase with several landmark changes. With the strong decentralization of authority to provincial-level governments and the application of a one-stop-shop mechanism, enterprises and foreign employees must promptly update...

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.