New Regulations on VND Accounts for Foreign Indirect Investment in Vietnam
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...
Continue ReadingPROCEDURE FOR APPLYING FOR, RENEWING, AND RE-ISSUING WORK PERMITS
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...
Continue ReadingNew UBO Regulations (Part 2): Detailed Criteria and Declaration Under Decree 168
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.
Continue ReadingWORK PERMITS FOR FOREIGNERS IN VIETNAM 2025
AN IN-DEPTH ANALYSIS OF LEGAL REGULATIONS AND PRACTICAL GUIDANCE UPDATED TO 2025
Continue ReadingCASES OF WORK PERMIT EXEMPTION AND CONFIRMATION PROCEDURES
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...
Continue ReadingNew provisions concerning beneficial owners in accordance with the amended and supplemented Law on Enterprises
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...
Continue ReadingJudgment on Website Design Contract Dispute
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...
Continue ReadingEffective July 1, 2025: 5+ Civil Status Procedures with Foreign Elements to be Handled at Commune Level
A major change in administrative procedures is coming. According to the latest regulations, starting from July 1, 2025, the authority to handle many key civil status procedures involving foreign elements will be officially decentralized from District-level People's Committees to Commune-level People's Committees. This change is expected to help citizens save...
Continue ReadingSynthesis of Appellate Judgments on Labor Disputes
Collection of appellate judgments on labor disputes. These judgments are compiled for research and study purposes only. Any commercial reproduction is strictly prohibited.
Continue ReadingDecree No. 146/2025/ND-CP – Decentralizing Industrial & Commercial Management
On June 12, 2025, the Vietnamese Government issued Decree No. 146/2025/ND-CP ("Decree 146"), introducing a two-year pilot program for the decentralization and authorization of management in the industrial and commercial sectors. This Decree will take effect from July 1, 2025, and remain in force until July 1, 2027, unless extended...
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