Corporate governance is a cornerstone of sustainable business performance. In Vietnam, governance standards are shaped by the Law on Enterprises 2020, the Securities Law 2019, and related decrees, but their application can differ between foreign-owned enterprises (FOEs) and domestically owned enterprises (DOEs). Understanding these similarities and distinctions is important for investors, managers, and policy-makers. 1. […]
Legal BasisThe 2015 Law on Occupational Safety and Hygiene (LOSH) establishes a comprehensive framework for ensuring safe working environments and protecting employees against occupational risks. Employers are obligated to (i) implement occupational safety and hygiene measures; (ii) provide training and protective equipment; (iii) purchase compulsory insurance for occupational accidents and diseases; and (iv) compensate workers […]
As Vietnam’s economy attracts increasing numbers of expatriate professionals and migrant workers, safeguarding their participation in collective bargaining has become an important dimension of labor relations. Ensuring that foreign employees can negotiate workplace terms alongside Vietnamese colleagues not only fulfills legal obligations but also promotes harmonious industrial relations. 1. Legal Framework The 2019 Labor Code […]
Cross-border mergers and acquisitions (M&A) have become an increasingly popular channel for foreign investors to enter Vietnam’s market, particularly in sectors where greenfield investment is slower or more capital-intensive. Vietnam’s legal framework has evolved to accommodate this trend, but procedural complexity and regulatory limits remain key considerations for dealmakers. 1. Legal Framework Cross-border M&A transactions […]
Vietnam continues to attract foreign direct investment (FDI), yet entry is not completely open. Certain lines of business are classified as “conditional” for foreign investors, meaning market access is subject to restrictions to protect national interests, public health, or cultural values. Understanding these limits is essential for investors planning projects in sensitive areas. 1. Legal […]
Foreign-Invested Enterprises (FIEs) operating in Vietnam must adhere to a strict legal process when ceasing operations, whether due to a shift in business strategy, market difficulties, or regulatory breaches. This procedure is governed primarily by the Law on Investment 2020 and the Law on Enterprises 2020 (amended in 2025). A thorough understanding of this framework […]