Vietnam abolishes business licenses for 38 business lines from 2026

business license abolition, 38 business lines, investment reform Vietnam, market entry simplification, administrative deregulation

From 1 July 2026, 38 conditional business lines will no longer be required to obtain business licenses. Instead, a post-inspection mechanism will be applied, with the aim of promoting freedom of enterprise and reducing market entry barriers. Businesses should consider consult with a renowned Vietnam business law firm for Legal Advice on Business in Vietnam…

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