Fintech and the Legal Framework in Vietnam: Challenges and Opportunities in 2025

Fintech legal framework challenges Vietnam 2025 - ASL LAW.

Fintech is rapidly transforming Vietnam’s financial landscape, offering innovative solutions for payments, lending, oversea investment, and digital banking. As the sector expands, understanding the legal framework is crucial for investors, entrepreneurs, and legal professionals. In 2025, Vietnam faces both opportunities and challenges in regulating Fintech while fostering innovation. This article explores the current legal environment,…

Transfer Pricing in the Digital Economy: New Challenges for Vietnam’s Tax Authorities

Digital economy transfer pricing challenges Vietnam - ASL LAW.

Transfer pricing in the digital economy has become a pressing issue for Vietnam’s tax authorities as businesses increasingly adopt digital models and cross-border transactions grow. The rise of e-commerce, cloud computing, and digital services has introduced new complexities in valuing intangible assets, allocating profits, and enforcing compliance. Understanding these challenges is crucial for foreign investors,…

Digital asset market reshaped by new legal system

Vietnam digital asset market legal framework changes - ASL LAW.

By Nguyen Thi Thuy Chung, Senior Partner, ASL LAW (Published on VIR – Vietnam Investment Review Newspaper) The Vietnamese government has taken a decisive step towards regulating the country’s emerging digital asset sector with the issuance of Resolution No.05/2025/NQ-CP last month. The new framework marks the first official recognition of digital and cryptoassets as lawful…

Transfer Pricing Legal Risks: Effective Compliance Solutions for Enterprises

Transfer pricing risk management framework Vietnam - ASL LAW.

Transfer pricing continues to be one of the most complex compliance challenges for enterprises doing business in Vietnam. As global tax authorities intensify scrutiny on cross-border transactions, enterprises must navigate not only financial implications but also significant legal risks. Understanding Vietnam’s transfer pricing regulations and implementing robust compliance solutions is essential to avoid penalties and…

Financial Risk Management: The Role of Legal Advisory in the Banking Sector

Financial risk management framework in Vietnam banking - ASL LAW.

In Vietnam’s fast-evolving financial landscape, effective financial risk management has become a cornerstone for the stability and sustainability of the banking industry. As regulatory frameworks become more complex and cross-border transactions more frequent, legal advisory plays an increasingly vital role in guiding banks through compliance, contractual, and risk mitigation challenges. 1. Understanding Financial Risk in…

Update on New Regulations for Lending and Credit Activities in Vietnam

ASL LAW's comprehensive analysis of new lending regulations and credit framework in Vietnam.

In 2025, Vietnam’s financial landscape continues to evolve, particularly in the regulation of lending and credit activities. Enterprises doing business in Vietnam, banks, and financial institutions must stay updated with these new regulations to ensure full compliance and reduce legal risks in an increasingly transparent and competitive credit environment. This article provides a comprehensive overview…

Finance and Banking: Legal Framework and Development Trends in Vietnam

ASL LAW's comprehensive analysis of Vietnam's finance and banking legal framework and trends.

The finance and banking sector plays a central role in driving Vietnam’s economic growth and integration into global markets. With rapid digital transformation, the sector is evolving under both opportunities and challenges. Understanding the finance banking legal framework Vietnam and identifying key development trends are essential for businesses, investors, and policymakers operating in this field….

Branchless Digital Banking: Legal Challenges in the Digital Age

ASL LAW's guide to digital banking regulations in Vietnam

The rapid growth of financial technology is driving the emergence of digital-only banks as a new trend in Vietnam’s financial services sector. While this model offers opportunities for innovation and optimized user experience, it also presents complex legal challenges that legislators, regulators, and businesses must proactively identify and address. What Is a Digital-Only Bank? A…

Legal Breakthrough in Vietnam’s Fintech Sector: Regulatory Sandbox Officially Enforced from July 1, 2025

ASL LAW analysis of Vietnam's fintech regulatory changes 2025

Effective July 1, 2025, Decree No. 94/2025/ND-CP issued by the Government of Vietnam marks a pivotal regulatory milestone for the growth of innovative financial solutions in the country. With the introduction of a regulatory sandbox, Vietnam officially establishes its first legal framework for testing new Fintech models under controlled conditions, enabling risk assessment and policy…

Guidance for Foreign Enterprises on Opening Bank Accounts and Accessing Credit in Vietnam

Bank account and credit guidance in Vietnam.

As Vietnam continues to reinforce its position as a leading investment destination in the Asia-Pacific region, the demand for account opening and access to credit by foreign-invested enterprises (FIEs) has been on the rise. However, these activities are not merely administrative procedures—they are tightly regulated under Vietnam’s financial, banking, and oversea investment legal framework. This…

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