NEWS

On 11 February 2025, the Prime Minister issued Decision No. 265/QD-TTg approving the investment policy of Long Duc Industrial Park Phase 2 in Dong Nai Province (“Project”). It outlines the responsibilities of competent authorities and the Investor in implementing the Project.

Decree 19/2025/ND-CP elaborates on Article 36a of the Investment Law, as amended and supplemented in Law No. 57/2024/QH15, which introduces certain revisions to the Law on Planning, the Law on Investment, the Law on Public-Private Partnership Investment, and the Law on Bidding.

In December 2024, the Vietnamese government issued Plan No. 141/KH-BCĐTKNQ18 and related reports aimed at restructuring and streamlining its organizational apparatus.

On January 21, 2025, the Prime Minister of Vietnam issued Decision No. 202/QD-TTg, approving the general planning project for Thu Duc City, Ho Chi Minh City, until 2040. This decision establishes the long-term framework for urban development, economic growth, and infrastructure planning in Thu Duc City, a strategic area within Ho Chi Minh City.

The investment policy for the project on the construction and infrastructure business of HD Industrial Park in Hac Dich Ward, Phu My Town, Ba Ria - Vung Tau Province marks a significant milestone in the development of industrial parks in the locality, contributing to economic growth, attracting investment, and enhancing urban infrastructure development.

Establishing and Developing the Carbon Market in Vietnam to help the country achieve net-zero emissions by 2050, marking a significant shift towards a sustainable, low-carbon economy.

Decision No. 211/QD-TTg marks a significant milestone in the development of industrial parks in the region, fostering economic growth, attracting investment in supporting industries, and driving urban infrastructure development.

Decree No. 13/2025/ND-CP (“Decree 13”) established Vietnam's Preferential Export Tariff Schedule and Special Preferential Import Tariff Schedule for implementing the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) for the period from 2022 to 2027. Decree 13 primarily addresses the accession of the United Kingdom of Great Britain and Northern Ireland (the “UK”) to CPTPP.

ACSV Legal contributed to the Legal 500 Country Comparative Guides 2024, 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 2024.

Circular No. 15/2024/TT-BLDTBXH fully repeals a total of 14 legislative documents, including 10 documents related to labour and wages and 4 documents related to social evils prevention, which takes effect from 15 February 2025.

On 31 December 2024, the Government of Vietnam passed the Decree 180/2024/ND-CP on value-added tax (“VAT”) reduction policy in accordance with Resolution No. 174/2024/QH15 issued by National Assembly of Vietnam issued on 30 November 2024, which took effect from 01 January 2025.

In this edition of Chambers Global Practice Guides: Doing Business In... 2024, ACSV Legal contributed to the Vietnam chapter on Law & Practice and Trends & Developments. We hope this guide will serve as a reference for lawyers and investors looking to understand the basic principles guiding the legal system of Vietnam.