In a dispute over a credit contract, where the collateral is the right to use agricultural land that has expired as recorded in the Land Use Right Certificate, how does the Court handle the collateral?

In credit activities, land use rights are the most common form of collateral. However, agricultural land has a limited term of use (20 years, 50 years depending on purpose). As a result, many disputes arise regarding cases where the collateral is agricultural land whose term of use has expired as stated in the Land Use […]

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 […]

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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