Vietnam Adopts the Hague Apostille Convention: A Significant Leap in Administrative Reform
On 25 February 2026, the Deputy Prime Minister of Vietnam, H.E. Bui Thanh Son signed Decision 330/QD-TTg (Decision 330) approving the plan to implement the Convention Abolishing the Requirement of Legalisation for Foreign Public Documents (the Apostille Convention). This reform marks a critical milestone in Vietnam’s commitment to streamlining cross-border administrative procedures and enhancing the investment climate for foreign enterprises.
Vietnam’s New Corporate Income Tax Guidance
On 12 March 2026, the Ministry of Finance issued Circular No. 20/2026/TT-BTC (Circular 20), providing detailed guidance on certain provisions of Law No. 67/2025/QH15 on Corporate Income Tax (the Law on CIT) and Decree No. 320/2025/ND-CP (Decree 320). Circular 20 took effect on 12 March 2026 and applies from the 2025 tax period onwards. It replaces key legacy CIT guidance, including Circular No. 78/2014/TT-BTC (Circular 78) and Circular No. 96/2015/TT-BTC (Circular 96), and repeals specified CIT-related provisions of certain earlier instruments.
Vietnam’s Energy Sector under Resolution 253: Key developments and investment considerations
Frasers Law Company brings you a legal update of National Assembly Resolution No. 253/2025/QH15 which introduces an adjustment to the Power Development Plan 8 (PDP8) and which was passed on 11 December 2025 and which will become effective on 1st March 2026 (Resolution 253).
Notable amendments to the Law on Insurance Business
The Law on Insurance Business 2022 (Law on Insurance Business), which was adopted on 16 June 2022 and came into effect on 01 January 2023, provides a clear legal framework for insurance business in Vietnam, promoting a healthy and competitive environment. On 10 December 2025, the National Assembly promulgated Law No. 139/2025/QH15, amending and supplementing a number of provisions of the Law on Insurance Business (Amendment Law), with the purpose of further perfecting the legal framework for insurance business activities. The Amendment Law came into effect on 01 January 2026. In this legal update, we will highlight notable provisions of the Amendment Law.
Vietnam’s New Restructuring Paradigm: Prioritising Corporate Recovery Over Liquidation
On 11 December 2025, the National Assembly of Vietnam passed Law No. 142/2025/QH15 on Recovery and Bankruptcy (the Law on Bankruptcy 2025), marking a significant overhaul of the country's insolvency framework. The new legislation, which will take effect from 1 March 2026, repeals and replaces Law No. 51/2014/QH13 on Bankruptcy (the Law on Bankruptcy 2014).
The new Law on Investment 2025 - Transformative Changes to Vietnam’s Investment Landscape
On 11 December 2025, the National Assembly of Vietnam officially passed the Law on Investment No. 143/2025/QH15 (the Law on Investment 2025), which will replace the Law on Investment No. 61/2020/QH14 (the Law on Investment 2020). The new law introduces fundamental shifts in Vietnam’s foreign direct investment (FDI) regime, aiming to streamline the entry process for foreign investors while tightening state management.
Frasers Legal Guides
Explore our latest legal guides for practical insights into navigating transactions and doing business in Vietnam.
Frasers Banking & Finance Guide
Vietnam’s Insurance Sector Legal & Investment Guide
Vietnam’s Insurance Sector Legal & Investment Guide
We are pleased to share the first edition of our Vietnam’s Insurance Sector Legal & Investment Guide, offering a detailed and practical overview of the legal and regulatory framework of the insurance market in Vietnam.
The Next Chapter In Data Protection: New Decree Guiding The Personal Data Protection Law
On 31 December 2025, Decree No. 356/2025/ND-CP guiding the implementation of the Personal Data Protection Law (Decree 356) was officially issued by the Government. Decree 356 came into effect on 1 January 2026 and replaces Decree No. 13/2023/ND-CP dated 17 April 2023 of the Government on personal data protection (Decree 13), thereby contributing to the effective implementation of the Personal Data Protection Law and ensuring consistency across the legal framework on personal data protection. In this Legal Update, we present notable provisions of Decree 356 and compare them with those of Decree 13, thereby highlighting key changes and their potential implications for businesses.
Decoding Decree 320 implementing the Law on CIT
On 15 December 2025, the Government of Vietnam issued Decree 320/2025/ND-CP (Decree 320), providing detailed regulations on certain provisions and measures to implement the Law on Corporate Income Tax No. 67/2025/QH15 (the Law on CIT). Decree 320 seeks to enhance transparency, clarity, ease of implementation, consistency, and uniformity of corporate income tax law with related legislation.
Vietnam’s New Law on Tax Administration 2025: A shift toward digital, data-driven tax enforcement
On 10 December 2025, the National Assembly of Vietnam officially passed Law No. 108/2025/QH15 on Tax Administration (the Law on Tax Administration 2025) to replace Law No. 38/2019/QH14 on Tax Administration issued on 13 June 2019, as amended and supplemented by Law No. 56/2024/QH15 dated 29 November 2024 (collectively, Law on Tax Administration 2019). The Law on Tax Administration 2025 will take effect from 1 July 2026, save for the provisions in Article 13 and Article 26 respectively on the requirements of declaration, finalisation, deduction of tax and use of electronic invoices imposed upon business households and individual businesses, which will take effect from 1 January 2026.
Vietnam’s Law on Cybersecurity 2025: What’s New and What Businesses Need to Know
On 10 December 2025, the National Assembly of Vietnam passed the Law on Cybersecurity 2025 (Law on Cybersecurity 2025), which will come into force on 1 July 2026. The Law on Cybersecurity 2025 consolidates two cornerstone statutes, Law No. 86/2015/QH13, entitled the Law on Cyber-Information Security, passed by the National Assembly of Vietnam on 19 November 2015, as amended from time to time (Law on Cyberinformation Security 2015) and Law No. 24/2018/QH14, entitled the Law on Cybersecurity, passed by the National Assembly of Vietnam on 12 June 2018 (Law on Cybersecurity 2018), into a single, unified legal framework.
Understanding Vietnam’s First Law On Artificial Intelligence
On 10 December 2025, the National Assembly of Vietnam officially enacted the Law on Artificial Intelligence (Law on AI), which will come into force on 1 March 2026. The Law on AI is expected to establish a breakthrough legal framework for artificial intelligence (AI), with the aim of creating a favourable legal environment to promote innovation and enhance national competitiveness while managing risks, and protecting national interests, human rights and digital sovereignty. While the final promulgated version of the Law on AI has not yet been officially released, in this legal update, we will highlight notable provisions based on the latest draft Law on AI submitted for approval.
Frasers Vietnam Power Investment Guide 2025
We are excited to present our latest publication: the Frasers Vietnam Power Investment Guide 2025.
Frasers Banking & Finance Guide
We are delighted to present our latest publication in our series of business guides - the Frasers Banking & Finance Guide.
New Rules on Hiring Foreign Workers in Vietnam
On 7 August 2025, the Government of Vietnam issued Decree No. 219/2025/ND-CP (Decree 219) on the employment of foreign nationals in Vietnam. The decree took immediate effect, replacing Decree No. 152/2020/ND-CP (as amended by Decree No. 70/2023/ND-CP). Decree 219 marks a significant shift in policy, aimed at reducing administrative burdens and fostering the engagement of skilled foreign workers. The most notable reform is the consolidation of procedures, which has streamlined and shortened the work permit application process. Alongside this, the decree introduces reduced job posting requirements, expanded exemptions, and more flexible qualification standards — together signalling Vietnam’s intent to attract and retain talent in priority sectors such as science, technology, and innovation.