BFSC Legal Brief Archives

Domestic Producers’ Rights in Vietnam’s Trade Remedy Proceedings: Legal Framework and Practical Considerations

In compliance with its commitments under the World Trade Organization (“WTO”) concerning trade remedy measures, the Standing Committee of the National Assembly of Vietnam promulgated: (i) Ordinance No. 42/2002/PL-UBTVQH10 on Safeguards in the Importation of Foreign Goods into Vietnam; (ii) Ordinance No. 20/2004/PL-UBTVQH11 on Anti-Dumping of Goods Imported into Vietnam; and (iii) Ordinance No. 22/2004/PL-UBTVQH11 […]

Legal framework for creditors’ applications to commence bankruptcy proceedings under the 2025 Law on Recovery and Bankruptcy

Law No. 142/2025/QH15 on Recovery and Bankruptcy (the “2025 Law on Recovery and Bankruptcy”) establishes a new framework for addressing insolvency of enterprises and cooperatives. The Law gives creditors a number of important rights to take an active role in initiating and participating in bankruptcy proceedings. For creditors, bankruptcy proceedings are not merely a last […]

Legal Framework for Finance Leasing: Key Considerations under Circular No. 31/2026/TT-NHNN

On 30 June 2026, the State Bank of Vietnam issued Circular No. 31/2026/TT-NHNN regulating finance leasing activities of general finance companies and finance leasing companies, which will take effect from 15 August 2026 (“Circular 31”). Circular 31 replaces Circular No. 26/2024/TT-NHNN dated 28 June 2024 of the State Bank of Vietnam regulating finance leasing activities […]

[Legal Brief] Payment and Fund Transfers in Merchandise Transit Trade: Key Considerations under Circular No. 43/2026/TT-NHNN

On 27 August 2026, the State Bank of Vietnam issued Circular No. 43/2026/TT-NHNN providing guidance on payment and fund transfers relating to merchandise transit trade, effective from 5 September 2026 (“Circular 43”). Circular 43 replaces Circular No. 02/2020/TT-NHNN on the same subject matter. One notable aspect of Circular 43 is the introduction of more specific […]

New Regulations on Beneficial Ownership of Enterprises under Legal Instruments Issued in Late July 2026

Although the concept of beneficial ownership was introduced under the Law on Anti-Money Laundering No. 07/2012/QH13, the concept of the beneficial owner of an enterprise was only formally incorporated into Vietnam’s Enterprise Law through Law No. 76/2025/QH15 amending the Law on Enterprises and subsequently elaborated under Decree No. 168/2025/ND-CP on enterprise registration. As part of […]

Update on Decree No. 253/2026/ND-CP: Personal Income Tax on Capital Transfers and Securities Transfers

On 30 June 2026, the Government of Vietnam issued Decree No. 253/2026/ND-CP, providing detailed guidance on the implementation of the 2025 Personal Income Tax Law. The Decree took effect on 1 July 2026 and clarifies several important issues relating to personal income tax (“PIT“) on capital transfers and securities transfers. Most notably, the Decree resolves […]

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BFSC Legal Brief

Domestic Producers’ Rights in Vietnam’s Trade Remedy Proceedings: Legal Framework and Practical Considerations

Legal framework for creditors’ applications to commence bankruptcy proceedings under the 2025 Law on Recovery and Bankruptcy

Legal Framework for Finance Leasing: Key Considerations under Circular No. 31/2026/TT-NHNN

[Legal Brief] Payment and Fund Transfers in Merchandise Transit Trade: Key Considerations under Circular No. 43/2026/TT-NHNN

New Regulations on Beneficial Ownership of Enterprises under Legal Instruments Issued in Late July 2026

Update on Decree No. 253/2026/ND-CP: Personal Income Tax on Capital Transfers and Securities Transfers

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