Vietnam’s commitment to “Net Zero by 2050” has transitioned from strategic planning to strict regulatory enforcement. With the enactment of Decree 119/2025/ND-CP (effective from August 1, 2025), which replaces the former Decree 06/2022/ND-CP, the legal framework for the domestic carbon market has been officially finalized. This new Decree solidifies the rules for the “Cap-and-Trade” system […]
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 […]
Tourism is playing an increasingly important role in Vietnam’s economy, especially in the context of international integration and sustainable development. Among the key sectors directly shaping the visitor experience is tourist accommodation. To ensure quality, safety, and professionalism, Vietnamese law establishes specific requirements for businesses, organizations, and individuals engaged in this service. This article explains […]
1. Definition of a foreign contractor According to Clause 29, Article 4 of the Law on Bidding 2023, a foreign contractor is defined as an organization established under foreign law or an individual holding foreign nationality who participates in bidding activities in Vietnam. This definition establishes the legal identity of foreign contractors, whether as organizations […]
Vietnam is steadily improving its legal framework to welcome the participation of foreign lawyers. However, the path to practicing here is not merely a matter of administrative formalities. It requires a combination of legal knowledge, adaptability to the local environment, and the support of an appropriate legal organization. Thus, is the practice of law in […]
The globalization of trade and commerce has led to an increasing need for businesses and organizations to utilize foreign seals in Vietnam. These seals, which often carry significant legal and cultural implications, are essential for various official purposes, including contracts, certifications, and endorsements. However, the process of bringing foreign seals into Vietnam involves a series […]