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May 28, 2025

Practical Law: Doing Business in Vietnam 2025

Tilleke & Gibbins attorneys in Vietnam have contributed the 2025 edition of Doing Business in Vietnam, a comprehensive Q&A-style resource from Thomson Reuters Practical Law that provides essential insights for companies navigating business operations in Vietnam. The guide presents a detailed overview of the country’s legal framework and regulatory environment, reflecting recent updates in Vietnamese legislation and practice.

This annually updated guide offers key information on the following areas:

  • Legal system: Structure of the Vietnamese judiciary and the role of codified law.
  • Foreign investment: Conditions for market access, licensing requirements, foreign ownership restrictions, and investment incentives.
  • Business vehicles: Formation and operation of legal entities, including limited liability companies, joint-stock companies, and representative offices.
  • Employment: Employment contracts, social insurance, labor rights, and procedures for hiring foreign nationals.
  • Tax: Overview of corporate income tax, personal income tax, value-added tax, and other tax obligations.
  • Intellectual property: Procedures for protecting and enforcing patents, trademarks, copyrights, and other IP rights.
  • Data protection: Compliance requirements under Vietnam’s data privacy laws, including the Personal Data Protection Decree.
  • Competition law: Antitrust rules and regulatory oversight under the Law on Competition.
  • Anti-bribery and corruption: Legal framework and enforcement practices aimed at curbing corrupt activities.
  • E-commerce and digital business: Regulations governing online platforms, digital content, and cross-border services.
  • Marketing and advertising: Laws and guidelines on advertising standards and consumer protection.
  • Product regulation and liability: Safety requirements, product liability issues, and roles of relevant authorities.

Doing Business in Vietnam is part of Practical Law’s global series of legal guides designed to support international practitioners and businesses. To access the most recent edition of the Vietnam guide, visit the Practical Law website and sign up for a free trial.

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