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...

In the current landscape of business development and expansion in Vietnam, company merger stands out as a significant strategy for enterprises seeking to enhance market strength, leverage economies of scale, and optimize resources. So, what are the most up-to-date regulations in Vietnamese law regarding company merger procedures as of today?...

Navigating business development and restructuring often involves company consolidation, a powerful tool for creating stronger, more competitive organizations through synergy. DB Legal offers expert insight into the current Vietnamese legal framework governing company Consolidation. This article provides a detailed and comprehensive analysis of the relevant procedures.

In the course of business operations, corporate restructuring through company division can become a strategic necessity to optimize activities, focus on core areas, meet new legal requirements, or even pave the way for distinct business directions. So, what are the current regulations in Vietnam regarding the procedures for company division?...

In the context of increasingly dynamic Mergers and Acquisitions (M&A) activities in Vietnam, the acquisition of assets, particularly real estate, from the target company has emerged as a popular transaction method. This approach offers numerous opportunities but also harbors considerable legal challenges. Join DB Legal as we delve into analyzing...

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...