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Administratve penalties in data protection field

On 19 August 2026, the Government of Vietnam issued Decree No. 330/2026/NĐ-CP establishing administrative penalties for violations in the fields of cybersecurity and personal data protection(“Decree 330”)

Drug registration

On July 29, 2026 the Ministry of Health of Vietnam (MOH) issued Circular No. 32/2026/TT-BYT on registration of drugs and medicinal ingredients (“Circular 32”)

Decree Abolishing the Requirement of Legalisation for Foreign Public Documents

On July 23, 2026, the Government of Vietnam issued Decree No. 293/2026/ND-CP guiding the implementation of the Hague Convention of 1961 Abolishing the Requirement of Legalisation for Foreign Public Documents (Apostille Convention). This Decree takes effect from September 11, 2026.

Vietnam's Participation in Hague Apostille Convention

Vietnam's accession to the Hague Apostille Convention will take effect as from 11 September 2026

Administrative Fines for Violations related to Crypto Assets

On 16 July 2026 the Government of Vietnam issued Decree No. 284/2026/ND-CP on penalties for violations related to the crypto asset market

Enterprise registration

On July 23, 2026, the Government issued Decree No. 296/2026/ND-CP on enterprise registration

Amended Advertising Law

On 16 June 2025, the National Assembly of Vietnam passed Law No. 75/2025/QH15 on amendments of and supplements to a number of articles of the 2012 Advertising Law

Quick Look at Changes in Vietnam

1 July 2025 (the “Amended Law”)

Personal Data Law

On 26 June 2025 the of Vietnam passed the Personal Data Protection Law, the first law on this subject in Vietnam

Electronic Identity Account

As from 1 July 2025 all administrative procedures in Vietnam will be both online and offline, will be carried out only via e-ID accounts on the VNeID platform.

Fintech Sandbox

With the view to promote innovation and modernize banking, on April 29, 2025, the Government of Vietnam issued Decree No. 94/2025/ND-CP on a controlled sandbox for innovative fintech solutions in the banking sector (“Decree 94”) which will take effect as from 1 July 2025.

Drug Registration

On May 16, 2025, the Ministry of Health (MOH) of Vietnam issued Circular No. 12/2025/TT-BYT on registration of drugs and drug materials (“Circular 12”) which will come into effect on 1st July 2025.

Employment

New Social Insurance Law

On its 7th section, the 15th National Assembly passed the new Law on Social Insurance to replace the 2014 Law on the same subject. The new Law shall take effect as from 1 July 2025. The following are key changes of the new law as opposed to the 2014 Law

Mandatory Insurance Contributions in Vietnam

Pursuant to the laws of Vietnam, an employee with an employment contract is required to participate in insurance

Visa for Expatriate Employees

Foreign employees entering Vietnam must have a visa and state the purpose and length of their stay in Vietnam before they can be granted entry

Exemption of Work Permits for Foreign Employees

Foreigners entering to work in Vietnam are required to secure a work permit issued by the labor authority

German Investment

Notable Recent Vietnam - Germany Events

Notable events in 2023

Some Investment Agreement Between Germany and Vietnam

Some investment agreements in 2023

Some Figures on German Investments in Vietnam

Germany is the number one among European countries having investment in Vietnam

Foreign Investment

Retention of Documents

When doing business in Vietnam, foreign investors always query about the legal requirements on document retention, especially, retention of contracts.

Trade promotion in Vietnam

Trade promotion in Vietnam is mainly governed by Commercial Law No. 36/2005/QH11 adopted by the National Assembly on 14 June 2005, and its supplements and revisions (“Commercial Law”) and its guiding documents, notably Decree No. 81/2018/ND-CP of the Government dated 22 May 2018 detailing the regulations of the Commercial Law on promotional programs as amended by Decree No. 17/2020/ND-CP dated 5 February 2020 (“Decree 81”).

Ownership of Residential Houses by Foreign Organizations and Individuals

On 24 July 2024 the Government issued Decree No. No.95/2024/ND-CP providing for the implementation of the 2023 Law on Housing (“Decree 95”).

Direct Purchase of Renewable Energy between Generator and Customers

On 3 July 2024 the Government issued Decree No. 80/2024/ND-CP providing for mechanisms for direct sale- purchase of renewable energy (“DPPA”) between generators and large power consumers (“Decree 80”).

Incentives for new investments in economic zones and investments in encouraging sectors

Generally, under the laws of Vietnam, tax and other incentives are available for projects satisfying certain requirements.

Governing Law and Jurisdiction over Disputes Involving Foreign Parties

As a general principle, for all contracts that are executed between and among local individuals and Vietnam - based entities, the application of the local law is required.

Dispute Resolution Mechanism in Vietnam

Vietnam is a country with fast economic development and in-depth integration into the world’s economy. Economic development leads to an increase of commercial transactions which also result in an increase of disputes.

Setting up a Reppresentative Office in Vietnam

A representative office (“RO”) is nornally a first step for foreign investment in Vietnam

How to obtain land in Vietnam

A foreign- invested company may acquire land use rights (“LURs”) through one of the following ways

Tax Incentives

A company operating in Vietnam may enjoy the following tax incentives

Licensing Procedures

Licensing Procedures

Direct Investment

Direct investment is made through the following forms

ĐỊA CHỈ:

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Hanoi

Phòng 1021, Prime Business Center, Tầng 10, Tòa nhà Pacific Place, 83B Lý Thường Kiệt, Phường Cửa Nam, Hà Nội, Việt Nam

 

Ho Chi Minh City

Phòng 4.10.1, Lầu 4, Ngôi Nhà Đức, Số 33 Lê Duẩn, Phường Sài Gòn, TP. Hồ Chí Minh, Việt Nam

 

Berlin, Đức
Leipzig, Đức

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