NEWS

Vietnam has taken a major step towards regulating artificial intelligence with the adoption of the Law on Artificial Intelligence No. 134/2025/QH15 (AI Law), effective from 1 March 2026. As the country’s first comprehensive AI legislation, the AI Law introduces a risk-based regulatory framework, establishes core governance principles, and sets out liability for damage arising from AI activities.

In this edition, we summarise the key regulatory pillars of the Law on Artificial Intelligence (AI) and highlight the practical implications for organisations and individuals involved in the provision, deployment, or use of AI systems in Vietnam. Besides, we provide other news and regulations that might interest you.

On 11 December 2025, the National Assembly of Vietnam passed Law on Recovery and Bankruptcy No. 142/2025/QH15 (“2025 Law”), which will come into effect on 1 March 2026. The 2025 Law replaces and substantially revises Law on Bankruptcy No. 51/2014/QH13 (“2014 Law”), addressing a number of long-standing procedural bottlenecks and structural shortcomings that have emerged in bankruptcy practice over the past decade.

In this edition, we summarise the key regulatory pillars of Decree No. 337/2025/ND-CP and analyses its practical implications for employers and employees in Vietnam. Besides, we provide other news and regulations that might interest you.

On 24 December 2025, the Government officially issued Decree No. 337/2025/ND-CP on electronic labour contracts, in line with Vietnam’s national digital transformation strategy. This Decree establishes a definitive legal framework for the implementation of electronic labour contracts.

ACSV Legal contributed to the Legal 500 Country Comparative Guides 2025, Vietnam chapter on Real Estate. Read the latest information on laws and regulations and the most frequently asked questions related to Real Estate in Vietnam in 2025.

On 31 December 2025, the Government of Vietnam officially issued Decree No. 356/2025/ND-CP (“Decree”), which provides detailed guidance on the implementation of the Personal Data Protection Law (Law No. 91/2025/QH15) (“PDP Law”). Both the Decree and the PDP Law took effect from 1 January 2026, marking the formal transition from Decree No. 13/2023/ND-CP (“Decree 13”) to a higher-level statutory framework.

On 15 September 2025, the State Bank of Vietnam promulgated Circular No. 27/2025/TT-NHNN (“Circular 27”), which provides detailed guidance on the implementation of certain provisions of the 2022 Law on Anti-Money Laundering. Circular 27 replaces and substantially expands Circular No. 09/2023/TT-NHNN, thereby introducing a more rigorous and comprehensive anti-money laundering framework.

The State Bank of Vietnam (“SBV”) has released a draft circular (“Draft Circular”) amending Circular No. 12/2022/TT-NHNN dated 30 September 2022, which provides guidelines for foreign exchange administration in relation to foreign borrowing and foreign debt repayment by enterprises (“Circular 12”). The Draft Circular aims to simplify and modernize administrative procedures related to foreign borrowing and debt repayment, while addressing several outstanding issues under Circular 12.

The Ministry of Industry and Trade has released a draft decree (“Draft Decree”) to replace Decree No. 09/2018/ND-CP (“Decree 09”), which currently governs trading activities of foreign investors and foreign-invested enterprises in Vietnam. The Draft Decree seeks to align with the decentralisation framework under Decree No. 146/2025/ND-CP, implement Vietnam’s commitments under the CPTPP, EVFTA, and UKVFTA, and resolve practical challenges arising during the implementation of Decree 09. Notably, the proposed changes would impact market entry conditions and operational requirements for foreign retailers.

In this edition, we highlight the key amendments in the draft decree replacing Decree 09 on trading activities of foreign-invested enterprises. Besides, we provide other news and regulations that might interest you.

On 9 September 2025, the Government of Vietnam issued Resolution No. 05/2025/NQ-CP (“Resolution 05”) on the pilot implementation of crypto asset market in Vietnam, which took effect on the same date. Resolution 05 provides regulations on the pilot offering and issuance of crypto assets, the organisation of the crypto asset trading market, the provision of crypto asset-related services, and the State management of the crypto asset market in Vietnam.