2% VAT Reduction Extended to End of 2026: Legal Analysis and Implications

Vietnam extends 2% VAT cut to 2026.

The 15th National Assembly of Vietnam has officially passed a resolution to continue applying a 2% reduction in value-added tax (VAT), lowering the rate from 10% to 8% for certain groups of goods and services. This policy will take effect from July 1, 2025, and remain in force until December 31, 2026. It is a…

Malaysia Lifts Anti-Dumping Duties on Cold-Rolled Coil Steel from South Korea and Vietnam

Vietnam cold-rolled steel duties removed in Malaysia.

On June 21, 2025, Malaysia’s Ministry of Investment, Trade and Industry (MITI) announced the final determination of its sunset review concerning the anti-dumping duties imposed on imports of cold-rolled coil (CRC) or non-alloy steel with a width of more than 1,300 mm originating from China, Japan, South Korea, and Vietnam. This marks a key step in…

Franchising in Vietnam: When Is Registration Required and What Must Be Complied With?

Vietnam franchise law and compliance overview.

Franchising has become increasingly popular in Vietnam due to its potential to rapidly expand brand presence and reduce risks for franchisees. However, not all franchising activities can be freely conducted without franchise registration in Vietnam. Proper registration and legal compliance are essential to ensure franchise agreements are valid and enforceable. When is franchising registration required?…

Vietnamese Enterprises Investing Abroad: Legal Steps to Complete

Legal guide for Vietnamese outbound investment.

In the context of deepening global integration, more Vietnamese enterprises are seeking to expand their operations overseas. However, to legally and effectively carry out oversea investment activities, businesses must strictly comply with all legal procedures regulated by Vietnamese law as well as the laws of the host country. Preparing documents and obtaining investment policy approval…

M&A Legal Process in Vietnam: From Due Diligence to Contract Signing

Vietnam M&A legal process explained.

Mergers and acquisitions (M&A) are becoming a strategic trend in Vietnam, especially as international capital continues to flow into the market. However, for any M&A transaction to succeed, legal considerations play a vital role, particularly during the stages of due diligence, negotiation, and contract execution. Legal due diligence – the foundation of any M&A transaction…

5 Contract Drafting Mistakes That Expose Vietnamese Businesses to Legal Disputes

Vietnam contract drafting risks and dispute prevention.

In today’s increasingly complex business environment, a contract is not just a transactional agreement—it is a legal shield that protects a company’s interests. However, many Vietnamese businesses still make fundamental contract drafting mistakes, resulting in unnecessary disputes. Below are five common pitfalls to avoid. 1. Failing to clearly define the rights and obligations of the…

A Step-by-Step Guide to Setting Up an FDI Company in Vietnam: Detailed Legal Procedures

Legal guide to establishing an FDI company in Vietnam.

Set up a foreign-invested enterprise in Vietnam is one of the most common ways for foreign investors to enter and develop their presence in the market. However, the legal process for registering an FDI company differs from that of a domestic business and requires investors to fully understand and comply with each step as prescribed by…

Opening a Representative Office in Vietnam: Benefits and Legal Procedures

How to open a representative office in Vietnam legally.

Establishing representative office in Vietnam is an ideal option for many foreign companies seeking to explore the market, promote trade, and establish an initial legal presence without making a full investment like setting up an FDI company. Although not permitted to conduct direct business, a representative office still offers significant legal and commercial advantages. Benefits…

How to Set Up a Company in Vietnam: Procedures, Costs, and Key Considerations

Step-by-step guide to setting up a company in Vietnam.

Establish company in Vietnam is the first step toward legalizing your business operations, expanding your market, and building a professional brand. However, many individuals and businesses still encounter difficulties navigating legal procedures, managing costs, and addressing crucial factors for smooth operations. Procedures for Setting Up a Company in Vietnam To establish a company in Vietnam,…

U.S. Issues Final Determination of the 20th Administrative Review (POR20) of Anti-Dumping Duty on Frozen Pangasius Fillets from Vietnam

ASL LAW covers POR20 final review on Vietnam’s pangasius fillets.

On June 18, 2025, the U.S. Department of Commerce (DOC) officially announced the Final Determination of the 20th administrative review (POR20) of the anti-dumping duty order on frozen pangasius fillets imported from Vietnam, covering the period from August 1, 2022 to July 31, 2023. In this review, eight Vietnamese exporters participated, with two companies selected…

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