For foreign-invested economic organizations (FDI) operating in the distribution and retail of goods in Vietnam, a Business License (commonly referred to as a Retail License) is a mandatory legal prerequisite before formally commencing commercial operations. Since coming into force, Decree No. 342/2026/ND-CP has established an updated legal framework, clearly delineating...

Against the backdrop of the continued development of Vietnam’s cinematographic market, cinematographic exhibition services have attracted increasing interest from foreign investors. However, this sector is subject to both investment laws and specialized regulations on cinematography. Therefore, investors should understand the market access conditions and relevant legal requirements before commencing business...

Vietnam's investment regulatory framework has undergone significant changes in 2026 following the entry into force of the new Law on Investment and its implementing regulations. The new framework is intended to simplify investment procedures, provide greater flexibility for investors and improve the overall investment environment. For foreign investors, however, these...

The Minister of Education and Training has recently promulgated Circular No. 65/2026/TT-BGDĐT stipulating the conditions, processes, procedures, and authority regarding the recognition of diplomas and degrees issued by foreign educational institutions for use in Vietnam. The Circular takes effect on September 26, 2026.

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...