GLOBAL MINIMUM TAX (GMT): HOW IT IMPACTS VIETNAM ENTERPRISES

Practical Impacts on Major FDI Enterprises in Vietnam and Alternative Investment Support Policies From January 1, 2024, Vietnam officially implemented the Global Minimum Tax (GMT) framework pursuant to Resolution No. 107/2023/QH15. This represents a fundamental shift in the country’s Foreign Direct Investment (FDI) attraction strategy, effectively ending the era of tax-incentive-based competition. The following analysis […]

Franchise operation, tax and intellectual property related issues

(Contract Negotiation and Financial Obligations Phase) Having mastered the market entry procedures, the enterprise enters the pivotal phase: Negotiating the Franchise Agreement and managing cash flow. This lesson analyzes the three legal pillars that directly affect the rights and financial health of the business: Information Transparency, IP Assets, and Foreign Contractor Tax. 1. The “15-Day” […]

Licensing for E-Commerce Activities by Foreign-Invested Enterprises (FIEs) in Vietnam

Introduction E-commerce has become one of Vietnam’s fastest-growing sectors, attracting significant foreign investment. However, foreign-invested enterprises (FIEs) engaging in online business must navigate a complex licensing regime. Compliance with the Law on E-Transactions 2005 (amended 2023), the Law on Investment 2020, the Law on Cybersecurity 2018, and decrees such as Decree No. 52/2013/ND-CP on E-Commerce […]

Anti-Dumping Duties on Foreign Enterprises in Vietnam

Anti-dumping (AD) duties are trade remedies designed to protect domestic industries from unfairly priced imports. For foreign enterprises exporting goods to Vietnam, understanding Vietnam’s anti-dumping regime is crucial to avoid unexpected costs and disputes. Vietnam’s legal framework is mainly based on the Law on Foreign Trade Management 2017, its guiding decrees (e.g., Decree No. 86/2025/ND-CP, […]

Conversion of Representative Offices into Foreign-Invested Enterprises in Vietnam

Foreign investors commonly establish Representative Offices (ROs) in Vietnam as an initial step to explore the market, conduct research, and promote business cooperation. Since ROs are not permitted to engage in profit-making or commercial activities, many investors eventually seek to convert their ROs into Foreign-Invested Enterprises (FIEs) once they decide to formally enter the Vietnamese […]

Consumer Protection Obligations for Foreign Enterprises in Vietnam

As Vietnam’s digital economy expands rapidly, foreign enterprises — especially those operating through online platforms — play an increasingly important role in supplying goods and services to Vietnamese consumers. However, this also places them under the scope of Vietnam’s consumer protection regulations, which have recently undergone significant reform to address the challenges of cross-border transactions […]

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