What’s New in Vietnam’s VAT Law 2025: Key Changes from July 1

As Vietnam continues to streamline its tax policies to align with international standards and digital transformation goals, significant changes to the Law on Value-Added Tax (VAT) will officially take effect from July 1, 2025. These amendments are expected to have wide-reaching implications for both local businesses and foreign investors operating in the country. From changes […]

Decree 168/2025/ND-CP: Identifying and Defining the Beneficial Owner

In the context of globalization and deeper economic integration, corporate ownership transparency has become a critical focus for improving governance, combating money laundering, and attracting investment. The concept of the “beneficial owner” — the individual who ultimately owns or controls a business entity, even if not formally listed in official records — has gained increasing […]

Is It Permissible for Foreign Investors to Operate Travel Services in Vietnam?

Vietnam, with its rich cultural heritage, stunning natural landscapes, and rapidly growing tourism industry, has become an attractive destination not only for travelers but also for foreign investors seeking business opportunities in the travel sector. However, investing in and operating travel services in Vietnam involves navigating a complex legal framework, particularly for non-Vietnamese entities. This […]

Vietnam’s 2025 Amended Nationality Law: New Provisions for Foreign Nationals

Vietnam has taken a significant step toward refining its legal framework on citizenship with the 2025 amendments to the Nationality Law. As the country continues to integrate into the global economy and attract increasing numbers of foreign investors, professionals, and long-term residents, the amended law introduces notable changes that directly affect foreign nationals. From clarifying […]

WHAT IS ERC? DISTINGUISHING ERC, IRC, AND BRC FOR FOREIGN-INVESTED ENTERPRISES

When establishing a foreign-invested enterprise (FIE) in Vietnam, understanding the key legal documents required for business operation is essential. Among the most important are the Enterprise Registration Certificate (ERC), Investment Registration Certificate (IRC), and Business Registration Certificate (BRC). While these terms are sometimes used interchangeably, they refer to distinct legal instruments with different purposes and […]

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