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.

On 28 June 2024, the State Bank of Vietnam issued Circular No. 21/2024/TT-NHNN (“Circular 21”), which regulates letter of credit (“L/C”) operations and related business activities by credit institutions and foreign bank branches (“FBBs”). Effective from 1 July 2024, Circular 21 applies to both residents and non-residents, covering a wide range of entities, including commercial banks, cooperative banks, and FBBs authorized to conduct L/C operations.

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.

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.

On 10 December 2024, the Prime Minister of Vietnam issued Decision No. 1541/QD-TTg on the establishment of Ha Nam High-Tech Park. This Decision lays the foundation for a new high-tech park in Ha Nam province, aiming to attract investment and promote research and development in cutting-edge technology sectors.

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.

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.

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.

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.

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.

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.