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...

The alcoholic beverage business in Vietnam is rapidly expanding, not only in terms of domestic production but also with a growing participation from distribution and import enterprises. In this context, the State has enacted a strict legal framework to control alcohol-related activities, aiming to mitigate the harmful effects of alcoholic...

When considering international investment, the World Trade Organization (WTO) may not always be the first institution that springs to mind. This is understandable, as the WTO—unlike comprehensive Bilateral Investment Treaties (BITs) or modern Free Trade Agreements (FTAs) such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)—does not feature...

Vietnam's dynamic beauty market is increasingly attracting foreign investors keen to establish hair salons or hair beauty businesses. Recognizing this growing interest, this article provides a comprehensive guide to the procedures for setting up a foreign-invested hair salon or hair beauty establishment in Vietnam, equipping investors with the essential legal...

Massage services are witnessing strong growth in Vietnam, accompanied by increasing demand from the local population. This creates an attractive market for investors, including foreign investors, wishing to establish a company providing massage services. However, for this business to operate legally and effectively, compliance with the legal conditions stipulated by...

Given the strong growth potential of Vietnam's healthcare industry, investing in the construction of foreign-invested hospitals presents numerous attractive opportunities. 1 However, the legal framework governing this sector requires a deep understanding and strict compliance. This article by DB Legal will clarify the concept of foreign-invested hospitals while analyzing...

Commodity labels and labeling regulations in Vietnam

We are foreign investors planning to establish a cosmetic manufacturing plant in Vietnam and import goods from overseas into Vietnam for business purposes. We would like to inquire about the process and legal support.