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In Tax

Vietnam and United States: Framework for an Agreement on Reciprocal, Fair, and Balanced Trade

by and 2 Mins Read

On 26 October 2025, the United States and Vietnam concluded a framework agreement aimed at establishing reciprocal, fair, and balanced trade relations. The final commitments are expected to be signed and ratified by both parties before the end of 2025.
This framework introduces comprehensive commitments across digital trade, services and investment, intellectual property, labor, environment, customs and trade facilitation, regulatory practices, and state-owned enterprise conduct. It includes reciprocal tariff arrangements, preferential market access for US exports, and the removal of technical barriers affecting US goods. These developments reflect a strategic effort to deepen bilateral economic cooperation while aligning regulatory standards and market access terms.

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In Cybersecurity, Data and Tech

Vietnam: Releasing draft AI Law for comprehensive AI governance framework

by , , and 3 Mins Read

Vietnam’s draft AI Law, released for public consultation, aims to establish a comprehensive governance framework by January 2026. It introduces phased implementation, risk-based classification, role-driven accountability, and obligations for general-purpose AI. The law promotes innovation through incentives and sandboxes, and enforces strict penalties for violations, including revenue-based fines. Businesses in high-risk sectors like finance and health will face increased scrutiny. Stakeholders are urged to submit feedback before the National Assembly’s session on 20 October 2025.

In Antitrust / Competition

Vietnam: New antidumping investigation against ceramic and porcelain tiles imported from India

by 2 Mins Read

On 16 April 2024, the Trade Remedy Authority (TRA) of the Ministry of Industry and Trade (MOIT) received a petition for an antidumping investigation (AD) regarding ceramic and porcelain tiles originating from India. The petitioners include nine companies representing domestic manufacturers. On 18 August 2025, the MOIT issued Decision No. 2333/QD-BCT to officially conduct the antidumping investigation with a case code of AD23. After that, on 25 August 2025, the TRA issued Notice No. 131/TB-PVTM regarding the issuance of a questionnaire for sampling foreign manufacturers/exporters in the AD23 case.

In ESG

Vietnam: New 2025 Atomic Energy Law – Safe, secure and sustainable nuclear development

by and 1 Min Read

Vietnam’s new Atomic Energy Law (No. 94/2025/QH15), enacted on 27 June 2025 and effective from 1 January 2026, establishes a comprehensive legal framework for peaceful atomic energy development. It covers nuclear power plant development, licensing, radioactive waste management, safety and security, incident response, and compensation. The law replaces the 2008 version, aligns with IAEA standards, and supports future projects like Ninh Thuan’s nuclear plants.

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In Employment

Vietnam: State Bank of Vietnam adopts new regulations on offshore-issued stock awards for employees

by and 3 Mins Read

On 28 June 2024, the State Bank of Vietnam (SBV) officially adopted Circular No. 23/2024/TT-NHNN (“Circular No. 23”) amending and supplementing several articles of Circular No. 10/2016/TT-NHNN dated 29 June 2016 regulating offshore indirect investment (“Circular No. 10”). Circular No. 23 will take effect from 12 August 2024. Notably, Circular No. 23 presents various points affecting the current implementation of offshore stock award plans for Vietnamese employees in Vietnam and embraces most of the SBV existing requirements in practice.

In Cybersecurity, Data and Tech

Vietnam: New draft Law on Digital Technology Industry and draft Data Law

by , , and 6 Mins Read

The Vietnamese authorities recently released two draft laws, including the draft Data Law and the draft Law on Digital Technology Industry, for public comments. These proposed laws seek to address various issues in the fields of data and digital technology, with the potential to significantly impact businesses across various industries.

In AML & Financial Services Regulatory

Vietnam: New decree on cashless payments

by and 7 Mins Read

On 15 May 2024, the Government officially issued the new Decree No. 52/2024/ND-CP to regulate cashless payments (“Decree No. 52”). Decree No. 52 took effect from 1 July 2024 and replaced the previous Decree No. 101/2012/ND-CP on cashless payments, as amended from time to time. Among other things, Decree No. 52 sets forth regulations on opening and using payment accounts, cashless payment services and intermediary payment services (IPS).

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In Product Regulation & Liability

Vietnam: Draft decree on medical data management

by , , and 3 Mins Read

The Ministry of Health (MOH) is drafting a decree on medical data management (“Draft Decree”) to establish a legal framework for (i) medical data management and development, (i) the establishment of the National Medical Database, and (iii) detailing the implementation of electronics health records and health books.

The Draft Decree is currently open for public consultation until 3 August 2024.

In Cybersecurity, Data and Tech

Vietnam: Balancing AI benefits and risks – Vietnam’s approach to responsible AI development through voluntary principles

by , , and 2 Mins Read

On 11 June 2024, the minister of the Ministry of Science and Technology of Vietnam issued Decision 1290/QD-BKHCN providing guidance on principles for researching and developing responsible artificial intelligence (AI) systems (“Decision”). This Decision, which came into effect immediately upon issuance, is included with Version 1.0 of the Guide on Principles for Researching and Developing Responsible AI Systems (“Guide”). It is essential to highlight that the Guide is established as a voluntary standard rather than a mandatory rule.

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