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August 1, 2025

ICLG Corporate Governance 2025 – Vietnam

Tilleke & Gibbins has contributed the Vietnam chapter to Corporate Governance 2025, part of the International Comparative Legal Guides (ICLG) series published by Global Legal Group. This respected guide offers comprehensive, jurisdiction-specific overviews of corporate governance laws and practices around the world.

Each jurisdictional chapter follows a clear Q&A format, providing practical insights into critical issues such as:

  • Sources of corporate governance regulation

  • Shareholders’ rights, powers, and responsibilities

  • Structure and duties of management bodies

  • Stakeholder involvement in governance

  • Transparency and reporting requirements

  • ESG and sustainability-related obligations

  • Cybersecurity and technology-related disclosures

The Vietnam chapter was authored by Tram Ngoc Bich Nguyen, Truc Thi Thanh Tran, Dung Thi Phuong Le, and Quang Minh Vu, members of Tilleke & Gibbins’ corporate and commercial team in Ho Chi Minh City. The authors provide detailed analysis of Vietnam’s corporate governance framework, including recent developments such as the 2025 amendments to the Law on Enterprises requiring disclosure of ultimate beneficial ownership and the increasing emphasis on sustainable business practices and responsible corporate conduct.

The chapter also discusses practical considerations for foreign investors in Vietnam, such as overlapping signing authorities between key company officers, enforcement of shareholders’ agreements, and disclosure obligations related to ownership and management roles.

The complete Vietnam chapter is available as a PDF below.

The Vietnam chapter—and the full Corporate Governance 2025 guide—are also freely available on the ICLG website.

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