NEWS

Pursuant to Notification No. 47-TB/TW, which outlines the Politburo’s conclusions on establishing a regional and international financial centre in Vietnam (“Notification 47-TB/TW”), and the 2024 introduction of the draft Law on the Digital Technology Industry (“Draft Law”), Vietnam is taking the first steps on the path of developing a dedicated legal framework for crypto-assets and ultimately, the recognition of these assets under Vietnamese law. The Draft Law has been submitted by the Government to the National Assembly and is currently pending approval.

On 5 May 2025, during its 9th session, the National Assembly reviewed the Draft Amended Law on Atomic Energy, with the aim of creating a comprehensive legal basis to support national energy infrastructure development, improve radiation and nuclear safety and security management, ensure sustainable applications of atomic energy, and fulfill Vietnam’s international

In this edition, we highlight the draft decree on the operation of a domestic carbon exchange ("Draft Decree"), in line with Vietnam’s roadmap for establishing and developing a carbon market as set out in the Law on Environmental Protection and Decision No. 232/QĐ-TTg dated 24 January 2025. The Draft Decree is expected to impact enterprises listed in the national greenhouse gas inventory, entities holding carbon credits from offset and exchange mechanisms, and businesses engaged in carbon credit trading.

The Ministry of Finance is currently drafting a decree on the operation of a domestic carbon exchange (“Draft Decree”). The Draft Decree is expected to impact enterprises listed in the national greenhouse gas inventory, entities holding carbon credits from offset and exchange mechanisms, as well as businesses engaged in carbon credit trading.

The Ministry of Finance has issued the draft Law amending and supplementing a number of articles of the Law on Enterprises 2020, which is scheduled to be presented to the National Assembly for consideration and approval in May 2025.

On 29 June 2024, the National Assembly of Vietnam promulgated Law No. 41/2024/QH15 on social insurance, effective from 01 July 2025, replacing the 2014 Law No. 58/2014/QH13 on social insurance. The 2024 Law marks a shift toward broader coverage and stricter compliance, aiming to build a more inclusive and sustainable social security system.

The Draft Law is expected to be presented to the National Assembly for discussion during its 9th session in May 2025 and for approval at the 10th session in October 2025. Any bankruptcy case initiated under the 2014 Law on Bankruptcy that has not yet resulted in a bankruptcy decision issued by a competent court as of the effective date of the Draft Law will be governed by the new law.

In this edition, you can read about the new guidance on implementing the Law on Handling Administrative Violations. Besides, we provide other news and regulations that might interest you.

On 18 March 2025, the Government adopted and issued Decree No. 68/2025/ND-CP (“Decree 68”) amending Decree No. 118/2021/ND-CP dated 23 December 2021 (“Decree 118”) guiding the Law on Handling Administrative Violations. Decree 68 takes effect from 02 May 2025, introducing amendments, repealing several provisions of Decree 118 and replacing 9 attached forms.

The Law on E-Commerce is expected to be presented to the National Assembly in October 2025, with anticipated approval in May 2026. Once enacted, this law will significantly impact e-commerce platforms, businesses, and individual online sellers.

In this edition, you can read about new regulations on determining related-party transactions between enterprises and credit institutions to fight against transfer pricing. Besides, we provide other news and regulations that might interest you.

On 10 February 2025, the Government issued Decree No. 20/2025/ND-CP (“Decree 20”) amending Decree No. 132/2020/ND-CP dated 05 November 2020 guiding tax compliance for enterprises having related-party transactions. Decree 20 takes effect from 27 March 2025 and applies the tax year 2024.