Vietnam’s New Corporate Income Tax Law 2025: Major Reform For Investment Support
On 14 June 2025, the National Assembly of Vietnam passed the new Law on Corporate Income Tax, marking a strategic shift in Vietnam’s tax policy. On 1 October 2025, Vietnam’s overhaul of its corporate income tax (CIT) regime will take effect, bringing with it one of the most comprehensive and strategically aligned tax reforms in over a decade.
Vietnam’s New Social Insurance Law: 1 July 2025 Implementation Approaches
Vietnam’s amended Social Insurance Law (Law No. 41/2024/QH15), passed by the National Assembly in 2024, enters into force on 1 July 2025. This extended transitional period has presented a critical window for employers, employees, and relevant stakeholders to review their internal policies and prepare for upcoming changes, with only few days left for final implementation.
The new Law introduced significant reforms to Vietnam’s social insurance framework, including expanded coverage, broader benefit entitlements, and stricter enforcement measures.
New Amended Law on Enterprises: Disclosing Ultimate Beneficial Ownership
The disclosure of Ultimate Beneficial Ownership for Vietnamese enterprises takes effect from 17 June 2025, requiring record keeping and amendments to company registrations to reflect the UBO.
Vietnam’s Carbon Credit Exchange Mechanism: Legal Insights and Opportunities for Foreign Investors
The trading of carbon credits provides companies with both environmental and financial benefits, facilitating the reduction of emissions whilst the same time the generation and selling of carbon credits (or transferring unused quotas) creates new revenue streams for enterprises. Participation also enhances ESG performance, improves access to green financing, and strengthens competitiveness. For early movers, especially in emerging markets like Vietnam, it is a timely opportunity to turn climate action into economic value.
Transfer Pricing in Vietnam: 2025 Guide for Foreign Investors
Our “Transfer Pricing in Vietnam: A Guide for Foreign Investors (2025 Edition)” publication provides a clear and practical overview of the current legal framework, compliance obligations, and risk management strategies for businesses engaged in related-party transactions in Vietnam.
Vietnam’s Fintech Pilot Mechanism: Key Insights from Decree No. 94/2025/ND-CP
Vietnam recently introduced Decree No. 94/2025/ND-CP, establishing a pilot mechanism that allows fintech firms and credit institutions to test innovative solutions in a controlled environment (“Pilot Mechanism”). Aimed at enhancing financial inclusion, transparency, and anti-money laundering efforts, this moves positions Vietnam as a regional leader in fintech regulation.
Resolution 198 Sets the Stage for Private Sector Breakthroughs in Vietnam
Resolution 198 introduces a comprehensive package of incentives, protections, and support programs aimed at removing long-standing bottlenecks and energizing private sector growth. It focuses on simplifying oversight, regulatory reform, tax incentives, financial relief, access to land and production space, public procurement preferences for SMEs, and investing in innovation and human capital.
Resolution 198 outlines several key measures to support businesses, including tax breaks for innovative startups, exemptions for newly registered SMEs, and financial support for green and ESG-compliant projects.
Resolution 68 – A Vision for Vietnam’s Private Sector
Vietnam’s Politburo issued Resolution No. 68-NQ/TW in May 2025, marking a major turning point in national economic policy by formally positioning the private sector as a central driver of growth. The Resolution outlines a bold roadmap to improve Vietnam’s business environment through legal liberalization, administrative simplification, digital governance, and stronger regulatory consistency. It reflects a clear intent to reduce barriers, foster innovation, and align Vietnam’s legal framework with global investment standards—creating new momentum for both domestic and foreign investors.
Beyond signalling openness, Resolution 68 introduces actionable commitments: reducing business conditions by 30% by 2025, expanding access to high-potential sectors, deepening capital markets, and modernizing oversight mechanisms. It also highlights Vietnam’s ambitions to lead in digital transformation, green development, and inclusive growth. For investors, the Resolution provides a compelling vision of Vietnam’s future—one rooted in transparency, efficiency, and long-term opportunity.
Retail in Vietnam: Market Entry Guide for Retail
Establishing a retail business in Vietnam is permitted for foreign investors, however there are a number of steps to understand and ensure compliance. From trading licenses to ENT test, appreciating the process yet exploring the market opportunities. This guide assists investors with the current market and the process to commence retail in Vietnam.
Representative Office Establishment in Vietnam
Representative Offices are a cost effective structure for foreign investors seeking to create a legal structure in Vietnam as a first step to Market Entry, or to develop further relationships with the country. This guide walks through the processes, requirements and obligations for establishing a Representative Office in Vietnam in 2025