LEGAL UPDATE
APARTMENT BUILDINGS OF FIVE FLOORS OR MORE ARE REQUIRED TO PURCHASE FIRE AND EXPLOSION INSURANCE FROM 01 JULY 2025

APARTMENT BUILDINGS OF FIVE FLOORS OR MORE ARE REQUIRED TO PURCHASE FIRE AND EXPLOSION INSURANCE FROM 01 JULY 2025

The incidence of fires and explosions in apartment complexes and high-rise buildings in Vietnam has become increasingly complex in recent times, resulting in significant damage to both human life and property.

Date Submitted: 02 - 06 -2025
CONDITIONS FOR SEMICONDUCTOR AND ARTIFICIAL INTELLIGENCE ENTERPRISES IN DANANG TO RECEIVE TAX INCENTIVES UNDER RESOLUTION 136/2024/QH15

CONDITIONS FOR SEMICONDUCTOR AND ARTIFICIAL INTELLIGENCE ENTERPRISES IN DANANG TO RECEIVE TAX INCENTIVES UNDER RESOLUTION 136/2024/QH15

The enterprise must be engaged in the semiconductor sector as specified in Article 4 and must fully meet the conditions stipulated in Article 6 of this Resolution. The enterprise must be engaged in the artificial intelligence (AI) sector as specified in Article 5 and must fully meet the conditions stipulated in Article 7 of this Resolution.

Date Submitted: 23 - 05 -2025
VIETNAM OPENS FINTECH SANDBOX: KEY REQUIREMENTS FOR ELIGIBLE COMPANIES

VIETNAM OPENS FINTECH SANDBOX: KEY REQUIREMENTS FOR ELIGIBLE COMPANIES

On 29 April 2025, the Government of Vietnam officially promulgated Decree No. 94/2025/ND-CP (“Decree 94”), the first legal instrument establishing a controlled regulatory sandbox mechanism (“Sandbox”) in the banking sector, which takes effect from 01 July 2025. This Decree establishes a crucial legal framework for Fintech operations, allowing financial technology companies (“Fintech Companies”) to pilot new products and services not yet specifically regulated under the existing legal system, under the close supervision of the State Bank of Vietnam (“SBV”) to mitigate risks to the financial system and users. This article outlines the legal conditions, application requirements and key notes for Fintech Companies considering participation in the Sandbox pursuant to Decree 94.

Date Submitted: 20 - 05 -2025
TAX INCENTIVES FOR SEMICONDUCTOR AND ARTIFICIAL INTELLIGENCE ENTERPRISES IN DA NANG

TAX INCENTIVES FOR SEMICONDUCTOR AND ARTIFICIAL INTELLIGENCE ENTERPRISES IN DA NANG

According to Resolution No. 136/2024/QH15 of the National Assembly of the Socialist Republic of Vietnam, promulgated on June 24, 2024, regarding the organization of urban government and the pilot implementation of special mechanisms and policies for the development of Da Nang City (“Resolution No. 136/2024/QH15”)

Date Submitted: 16 - 05 -2025
NO REQUIREMENT TO REGISTER CHANGES IN ADDRESS INFORMATION DUE TO CHANGES IN ADMINISTRATIVE BOUNDARIES

NO REQUIREMENT TO REGISTER CHANGES IN ADDRESS INFORMATION DUE TO CHANGES IN ADMINISTRATIVE BOUNDARIES

On April 5, 2025, the Ministry of Finance issued Official Letter No. 4370/BTC-DNTN to provide guidance regarding business registration procedures in light of upcoming changes to Vietnam’s administrative boundaries.

Date Submitted: 13 - 05 -2025
CHUYỂN KHOẢN VAY NƯỚC NGOÀI THÀNH VỐN ĐIỀU LỆ

CHUYỂN KHOẢN VAY NƯỚC NGOÀI THÀNH VỐN ĐIỀU LỆ

Xuất phát từ nhu cầu sử dụng vốn trong hoạt động của doanh nghiệp (ngắn hạn, trung - dài hạn phục vụ cho dự án đầu tư, kế hoạch kinh doanh của doanh nghiệp, dự án khác và các mục đích sử dụng vốn hợp pháp khác), các tổ chức kinh tế có thể xác lập các hợp đồng vay hoặc hợp đồng tín dụng, trong đó, các khoản vay, khoản hỗ trợ tài chính giữa công ty mẹ, công ty thành viên cho công ty con là các khoản vay phổ biến. Trong nhiều trường hợp, các bên đã thoả thuận chuyển khoản vay thành vốn điều lệ trong công ty đi vay.

Date Submitted: 05 - 05 -2025
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