Dear Valued Clients, On June 17, 2025, the National Assembly officially passed Law No. 76/2025/QH15 amending and supplementing several articles of the Law on Enterprises 2020 (hereinafter referred to as the “2025 Amended Law on Enterprises”). At the same time, Decree No. 168/2025/ND-CP, detailing enterprise registration procedures (the “Decree 168”), was also promulgated. Both instruments took effect on July 1, 2025. One of the most notable updates introduced under this…

Dear Value Clients, On June 25, 2024, the Government issued Decree No. 69/2024/ND-CP (“Decree 69”) regulating electronic identification and authentication. Accordingly, from July 1, 2025, enterprises will be required to use Electronic Identification (EID) accounts via the VNeID application to carry out online administrative procedures, replacing existing enterprise accounts on public service platforms. This represents a significant milestone in the national digital transformation roadmap, enhancing authentication efficiency, reducing administrative costs,…

Dear Valued Clients,  On March 20, 2025, the Government issued Decree No. 70/2025/NĐ-CP (“Decree 70”) to amend and supplement several articles of Decree No. 123/2020/NĐ-CP (“Decree 123”) on invoices and documents. Decree 70 introduces several notable changes regarding the timing of invoice issuance, the integration of tax, fee, and charge receipts into invoices for purchasers, along with reforms in administrative procedures related to the use of electronic invoices for enterprises,…

Dear Valued Clients,  On March 20, 2025, the Government issued Decree No. 70/2025/NĐ-CP (“Decree 70”) to amend and supplement several articles of Decree No. 123/2020/NĐ-CP (“Decree 123”) on invoices and documents. Decree 70 introduces several notable changes regarding the timing of invoice issuance, the integration of tax, fee, and charge receipts into invoices for purchasers, along with reforms in administrative procedures related to the use of electronic invoices for enterprises,…

  Dear Valued Clients, In the era of the rapid growth and widespread adoption of e-commerce and digital economic platforms, the administration of tax obligations for household businesses and individual businesspersons operating on such platforms presents numerous practical challenges. In an effort to gradually improve the legal framework and ensure transparency and fairness in tax compliance, the Ministry of Finance has released a Draft Decree on tax administration for business…

Dear Valued Clients, Recently, the Government has announced the second draft of the Decree on personal data protection (the “Draft Decree”) as a guidance document of the current Cyber Security Law. In this Legal Update, we would emphasize several highlights which could affect business activities in Vietnam since this Draft Decree is adopted. Definition of personal data Recently, personal data (“PD”) is absent from or is stipulated scatteredly in the…

Dear Valued Clients,  The prolonged Covid-19 epidemic along with the large-scale application of government’s preventation and control measures has been causing various difficulties in production and business to enterprises, which lead to the re-arangement of employees to enterprises. As understanding the concerns of enterprises, the following article will provide solutions related to the use and re-arrangement of employees during the Covid-19 pandemic for enterprises to choose the most appropriate plan…