The National Assembly Standing Committee has taken significant steps to shape Vietnam’s legislative landscape by adopting Resolution 59/2024/UBTVQH15. This resolution introduces key adjustments to the 2025 Law- and Ordinance-Making Program, underscoring a commitment to addressing pressing legal and societal needs. Key Additions to the 2025 Legislative Program Under Resolution 59/2024/UBTVQH15, adopted on December 11, the…
On October 31, 2024, the Minister of Education and Training of Vietnam issued Decision No. 3278/QD-BGDDT, announcing the amended administrative procedures in education and training with foreign countries under the management of the Ministry of Education and Training of Vietnam. This includes the detailed procedure for establishing a representative office of a foreign educational institution…
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Wide M&A prospects for ASEAN players
(Published on Vietnam Investment Review) Supported by an influx of capital from developed economies, Southeast Asia now stands as a strategic hub for international investors exploring growth opportunities. Despite this appeal, the market presents specific challenges that necessitate careful navigation. Nonetheless, the momentum in the Southeast Asian merger and acquisition (M&A) sector reflects a resilient…
On October 15, 2024, the Vietnamese Government issued Decree No. 132/2024/ND-CP, prescribing regulations for offshore investments in oil and gas activities. This comprehensive decree provides a legal framework for investors seeking to engage in overseas oil and gas exploration, production, and related operations, ensuring alignment with both Vietnamese laws and the laws of host countries….
On November 9, 2024, Vietnam’s government unveiled Decree No. 147/2024/ND-CP, marking a significant shift in the regulation of internet services. This groundbreaking regulation, set to take effect on December 25, 2024, replaces the decade-old Decree No. 72/2013/ND-CP and its subsequent amendments. With over 200 pages of provisions and an extensive appendix containing 62 forms, Decree…
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Strengthening E-commerce Management in Vietnam
Vietnam’s e-commerce sector has witnessed remarkable growth, becoming a cornerstone of modern business practices. Acknowledging the significant opportunities and challenges posed by this rapidly expanding industry, Prime Minister Pham Minh Chinh has directed relevant ministries and local authorities to tighten state management of e-commerce through official telegram 119/CD-TTg dated November 25. E-commerce: A Booming Sector…
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Vietnam Extends 2% VAT Reduction Until June 2025
The National Assembly of Vietnam recently approved an extension of the 2% reduction in value-added tax (VAT) to the end of June 2025. This measure, aimed at supporting economic recovery and development, ensures that goods and services subject to the standard 10% VAT rate will continue to enjoy a reduced rate of 2% during the…
On November 30, during its 8th session, Vietnam’s 15th National Assembly approved the much-anticipated Data Law, setting a significant milestone in the nation’s digital transformation journey. Passed through a streamlined single-session procedure, this law underscores Vietnam’s commitment to leveraging technology for comprehensive digital development. It provides a legal framework to establish a robust digital infrastructure,…
The Vietnam M&A Forum, one of the country’s most prestigious platforms for mergers, acquisitions, and investment connections, celebrates its 16th edition this year. Organized by Vietnam Investment Review under the direction and sponsorship of the Ministry of Planning and Investment, the Forum takes place amid a global economic recovery and renewed vibrancy in Vietnam’s M&A…
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Vietnam: List of 15 Notable M&A Deals in 2023-2024
The Vietnam M&A Forum 2024, a prominent event dedicated to mergers and acquisitions and investment connectivity, marks its 16th edition under the organization of the Vietnam Investment Review and the guidance of the Ministry of Planning and Investment. Over the past 15 years, the Forum has attracted over 650 renowned speakers and more than 7,500…