bfsc law firm

Jul 22, 2026

by BFSC Law Firm in Legal update, News

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, exce...

Jul 17, 2026

by BFSC Law Firm in Energy & Infrastructure, News

Vietnam’s Direct Power Purchase Agreement (DPPA) Framework under Decree No. 243/2026/ND-CP: Key Amendments and Continuing Legal Issues

On 26 June 2026, the Government of Vietnam promulgated Decree No. 243/2026/ND-CP, amending and supplementing Decree No. 57/2025/ND-CP governing the Direct Power Purchase Agreement (“DPPA“) mechanism between Renewable Energy Generators and Large Electricity Consumers. The new Decree signi...

Jul 15, 2026

by BFSC Law Firm in Legal update, News

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...

Jul 03, 2026

by BFSC Law Firm in BFSC Legal Brief, M&A and Corporate, News, Tax

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 capi...

Jul 01, 2026

by BFSC Law Firm in M&A and Corporate, News

CORPORATE GOVERNANCE STRUCTURE OF NON-PUBLIC JOINT STOCK COMPANIES IN VIETNAM

In practice, many non-public joint stock companies in Vietnam, particularly those established with no intention of expanding their shareholder base, often fail to clearly distinguish the powers and responsibilities of the company’s governing bodies and management. Such ambiguity frequently res...

Jun 26, 2026

by BFSC Law Firm in Banking & Finance, Capital Markets, Legal update, M&A and Corporate, News, Tax

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...

Apr 28, 2026

by BFSC Law Firm in Energy & Infrastructure, Legal update, News

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 artic...

Apr 21, 2026

by BFSC Law Firm in Energy & Infrastructure, Legal update, News, Real Estate & Construction

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-Pr...

Apr 17, 2026

by BFSC Law Firm in Legal update, M&A and Corporate, News

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”)....

Mar 13, 2026

by BFSC Law Firm in Legal update, News

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 iss...

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

Vietnam’s Direct Power Purchase Agreement (DPPA) Framework under Decree No. 243/2026/ND-CP: Key Amendments and Continuing Legal Issues

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

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

CORPORATE GOVERNANCE STRUCTURE OF NON-PUBLIC JOINT STOCK COMPANIES IN VIETNAM

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

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