Foreign Investment Restrictions in Vietnam (under Decree No. 31/2021/ND-CP as amended by Decree No. 239/2025/ND-CP)

Vietnam remains an attractive destination for foreign investors, yet certain sectors are subject to market access restrictions to safeguard national interests and comply with international commitments. Decree No. 31/2021/ND-CP, as amended by Decree No. 239/2025/ND-CP, outlines two main categories: sectors not open to foreign investors and sectors with conditional market access. These updates aim to […]

CONDITIONS FOR EXCHANGING FOREIGN DRIVER’S LICENSES

There is an increasing number of foreigners coming to Vietnam to live, work, or engage in long-term tourism. In addition, many Vietnamese citizens who have studied or worked abroad possess driver’s licenses issued by foreign authorities. When wishing to drive in Vietnam, they must exchange their foreign driver’s licenses for Vietnamese driver’s licenses to ensure […]

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