Legal & Regulatory

Vietnam’s Import-Export Regime: Managing Customs and Accessing Tax Benefits

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In this Vietnam Briefing report, available as a free download from the Asia Briefing Publication Store, we examine Vietnam’s import-export regulatory regime, latest legal and tax updates, and the VAT refund process.

Understanding Vietnam’s Regulation on Recognizing Foreign Electronic Signatures

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Vietnam’s new regulations in July concerning the recognition of foreign electronic signature certification service providers and electronic signatures took effect August 15.

Vietnam Government to Regulate Property Market if Prices Surge Over 20%

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Vietnam’s government has implemented an intervention plan to address a potential scenario where property prices surge by over 20 percent within three months.

Regulation of Vietnam’s Real Estate Market: New Laws in Effect from August 1, 2024

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New laws and decrees, along with the implementation of a directive to initiate a nationwide land inventory, are expected to shake up the regulation of Vietnam’s property market and professionalize real estate brokerage.

Eco-Industrial Parks in Vietnam: Implementation and Key Goals

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The Vietnam government is considering a policy to facilitate the development of large eco-industrial parks and update preferential policies to encourage green investments. We discuss the proposed policy recommendations, pilot projects, and key goals.

How to Set Up a Representative Office in Vietnam

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A Representative Office (RO) is one of the simplest ways companies can set up in Vietnam, albeit with a limited scope of operation. In this article, we discuss the step-by-step process of establishing an RO in Vietnam, and relevant regulatory guidelines.

Vietnam Notifies Decree 80/2024/ND-CP on Direct Power Purchase Agreements: Key Details

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Decree 80/2024/ND-CP on Direct Power Purchase Agreements (DPPA) is part of Vietnam’s broader strategy to promote environmental sustainability and enhance the competitiveness of its retail electricity market.

Vietnam Considers E-Invoicing for Livestream Sales: Advisory for Businesses

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Vietnam wants to update existing regulation to ensure e-invoicing for livestream sales and strengthen tax scrutiny in the e-commerce sector.

Vietnam’s 2024 Law on Credit Institutions

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The 2024 Law on Credit Institutions, in effect from July 1, will improve the security of Vietnam’s credit institutions by strengthening risk prevention measures, increasing oversight of credit entities, and deterring cross-ownership and undue influence in the sector.

Vietnam Defines E-Money for the First Time, Excludes Virtual Currencies from its Scope

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In effect from July 1, 2024, Decree 52 defines e-money in Vietnam as “the equivalent value in VND stored electronically,” based on prepaid money deposited with banks or provided to payment service organizations and excludes virtual currencies like bitcoin.

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