Legal update Archives

Updates on Merger Control and Exemptions for Prohibited Anti-Competitive Agreements under Resolution No. 66.18/2026/NQ-CP

On 18 May 2026, the Government of Vietnam issued Resolution No. 66.18/2026/NQ-CP on decentralization and the reduction and simplification of administrative procedures and business conditions (“Resolution 66.18”). Resolution 66.18 takes effect from 1 July 2026 until 28 February 2027, except for certain provisions that became effective on 20 May 2026, and except where laws or […]

New Rules on the Transfer of Enforcement Obligations for Commercial Legal Entities During Corporate Restructuring Under Decree No. 251/2026/ND-CP

On 30 June 2026, the Government of Vietnam issued Decree No. 251/2026/ND-CP on the Enforcement of Criminal Judgments against Commercial Legal Entities (“Decree 251”), which came into effect on 1 July 2026. The new Decree introduces several provisions that may significantly affect M&A transactions, corporate restructuring, business conversions and asset acquisitions, particularly where a target […]

CORPORATE INCOME TAX ON CAPITAL AND SECURITIES TRANSFERS BY FOREIGN ENTERPRISES IN VIETNAM – KEY CONSIDERATIONS UNDER THE 2025 CIT LAW

On 14 June 2025, the National Assembly of Vietnam enacted the Law on Corporate Income Tax No. 67/2025/QH15, which takes effect on 1 October 2025 and applies to the corporate income tax period for the 2025 tax year (the “2025 CIT Law”). The 2025 CIT Law replaces the Law on Corporate Income Tax No. 14/2008/QH12 […]

UPDATE ON DECREE NO. 122/2026/ND-CP ON RESOLVING DIFFICULTIES IN TRANSPORT BOT PROJECTS

On 03 April 2026, the Government issued Decree No. 122/2026/ND-CP (“Decree 122”), providing detailed regulations on the resolution of difficulties encountered by Build-Operate-Transfer (BOT) projects in the transport sector. Decree 122 took effect from its signing date (03 April 2026). In this article, the lawyers of BFSC Law LLC provide an overview of key provisions […]

LEGAL UPDATE ON RESOLUTION NO. 16/2026/NQ-CP ON MECHANISMS AND POLICIES FOR REMOVING DIFFICULTIES IN TRANSITIONAL BT PROJECTS

On April 7, 2026, the Government promulgated Resolution No. 16/2026/NQ-CP (“Resolution 16”), providing mechanisms and policies to resolve difficulties and obstacles arising in Build–Transfer (BT) investment projects implemented prior to the effective date of the Law on Investment under the Public-Private Partnership (PPP) model (the “Transitional BT Projects”). Resolution 16 takes effect from April 7, […]

UPDATE ON DECREE NO. 137/2026/ND-CP ON THE REGULATION OF MULTI-LEVEL MARKETING ACTIVITIES

On 7 April 2026, the Government of Vietnam issued Decree No. 137/2026/ND-CP on the regulation of multi-level marketing activities (“Decree 137”). Decree 137 will take effect from 1 July 2026 and replaces Decree No. 40/2018/ND-CP, as amended and supplemented by Decree No. 18/2023/ND-CP (“Decree 40”). The issuance of Decree 137 also results in the termination […]

ADDRESSING THE GAP IN IMPLEMENTING REGULATIONS FOR AMENDED LAWS: KEY IMPLICATIONS FOR BUSINESSES AND INVESTORS IN VIETNAM

Regulatory gap arising from amended laws without updated implementing regulations In recent years, Vietnam has undertaken significant legislative reforms, with several important statutes being amended or supplemented and taking effect from 1 January 2026 and throughout 2026. However, a recurring issue in the legislative process is that amended laws may come into force before the […]

[ANNOUNCEMENT] LUNAR NEW YEAR (TET) HOLIDAY SCHEDULE – BINH NGO YEAR 2026

BFSC Law LLC (BFSC) hereby announces the Lunar New Year (Tet) holiday schedule of its Head Office and Branch Offices as follows: Holiday period: From February 13, 2026 (Friday) to the end of February 22, 2026 (Sunday); Working resumption date: February 23, 2026 (Monday). On the occasion of the Lunar New Year of the Binh […]

DISPUTE RESOLUTION MECHANISMS IN PUBLIC–PRIVATE PARTNERSHIP (PPP) INVESTMENTS IN VIETNAM: KEY CONSIDERATIONS FOR FOREIGN INVESTORS AND PPP PROJECT COMPANIES

Overview Dispute resolution mechanisms applicable to public–private partnership (“PPP”) investments in Vietnam currently comprise two principal avenues: (i) petition (complaint) mechanisms; and (ii) litigation and dispute resolution proceedings. These mechanisms are governed primarily by the Law on Investment in the Form of Public–Private Partnership No. 64/2020/QH14 dated 18 June 2020, as amended (“PPP Law”), and […]

PPP PROJECT CONTRACTS IN VIETNAM – KEY LEGAL CONSIDERATIONS FOR FOREIGN INVESTORS

A PPP project contract is a written agreement between a competent state authority and an investor and/or a PPP project company, under which the State grants the investor the right to implement a PPP project in accordance with the Law on Public–Private Partnership Investment (“PPP Law”). This Legal Brief highlights key legal issues that foreign […]

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Legal update

Updates on Merger Control and Exemptions for Prohibited Anti-Competitive Agreements under Resolution No. 66.18/2026/NQ-CP

New Rules on the Transfer of Enforcement Obligations for Commercial Legal Entities During Corporate Restructuring Under Decree No. 251/2026/ND-CP

CORPORATE INCOME TAX ON CAPITAL AND SECURITIES TRANSFERS BY FOREIGN ENTERPRISES IN VIETNAM – KEY CONSIDERATIONS UNDER THE 2025 CIT LAW

UPDATE ON DECREE NO. 122/2026/ND-CP ON RESOLVING DIFFICULTIES IN TRANSPORT BOT PROJECTS

LEGAL UPDATE ON RESOLUTION NO. 16/2026/NQ-CP ON MECHANISMS AND POLICIES FOR REMOVING DIFFICULTIES IN TRANSITIONAL BT PROJECTS

UPDATE ON DECREE NO. 137/2026/ND-CP ON THE REGULATION OF MULTI-LEVEL MARKETING ACTIVITIES

ADDRESSING THE GAP IN IMPLEMENTING REGULATIONS FOR AMENDED LAWS: KEY IMPLICATIONS FOR BUSINESSES AND INVESTORS IN VIETNAM

[ANNOUNCEMENT] LUNAR NEW YEAR (TET) HOLIDAY SCHEDULE – BINH NGO YEAR 2026

DISPUTE RESOLUTION MECHANISMS IN PUBLIC–PRIVATE PARTNERSHIP (PPP) INVESTMENTS IN VIETNAM: KEY CONSIDERATIONS FOR FOREIGN INVESTORS AND PPP PROJECT COMPANIES

PPP PROJECT CONTRACTS IN VIETNAM – KEY LEGAL CONSIDERATIONS FOR FOREIGN INVESTORS

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