Law on Investment (Amended)
The Law on Investment (Amended) is scheduled to be presented and passed at the 10th Session of the 15th National Assembly. The draft law is primarily drafted by the Ministry of Finance and reviewed by the Committee on Economy and Finance. This represents a significant adjustment aimed at improving the legal framework for investment in Vietnam. The amendment to the Law on Investment holds significant importance for small and medium-sized enterprises (SMEs) as well as all domestic and foreign investors. The amended law is expected to update regulations on investment conditions, administrative procedures, investment incentives, and investment management mechanisms to better align with the current economic context and Vietnam's international commitments. SME business owners should closely monitor the promulgation of this law as it may affect decisions on business expansion, access to investment capital, and incentive policies. Understanding the new regulations will help businesses maximize opportunities and ensure proper legal compliance.
Decree 320/2025/ND-CP: Detailed Regulations and Implementation Measures for the Corporate Income Tax Law
Decree 320/2025/ND-CP, issued on December 15, 2025, provides detailed regulations for implementing the Corporate Income Tax Law. This document serves as a crucial guidance tool helping small and medium enterprises better understand how to apply corporate income tax regulations in practice. The Decree provides detailed instructions on determining taxable income, deductible expenses, tax incentives, and declaration and payment obligations for businesses. For SMEs, mastering these regulations will help optimize tax obligations legally, avoid compliance risks and penalties. The Decree also clarifies implementation measures and allocates responsibilities between tax authorities and enterprises. Effective from December 15, 2025, businesses need to review their accounting processes, tax declaration procedures and ensure full compliance with the new regulations. This is an important document directly affecting the financial operations and tax obligations of all businesses in Vietnam.
Law on Specialized Court at the International Financial Center
The Law on Specialized Court at the International Financial Center has been passed by the National Assembly at the 10th Session, 15th Tenure. Drafted by the Supreme People's Court and reviewed by the Committee on Law and Justice, this law establishes a special legal mechanism to resolve disputes arising at Vietnam's International Financial Center. This law is significant in building a legal framework for the International Financial Center, creating a transparent and modern investment environment that meets international standards. The specialized court will have jurisdiction to resolve commercial, financial, and investment disputes arising in this zone according to international standards and practices, contributing to enhanced competitiveness and attracting foreign investment. For small and medium enterprises, especially those with financial or investment activities or planning to participate in the International Financial Center, this law provides a more professional dispute resolution mechanism that meets international standards. This helps protect the rights of parties involved in transactions and builds confidence for both domestic and international investors.
Decree 225/2025/ND-CP: Amending and Supplementing Several Articles of Decrees Detailing Provisions and Implementation Measures of the Bidding Law on Investor Selection
Decree 225/2025/ND-CP, effective from August 15, 2025, amends and supplements detailed regulations on investor selection under the Bidding Law. This document modifies previous decrees to improve the legal framework for bidding, creating a clearer legal basis for the investor selection process in public investment projects and state-funded projects. This decree affects businesses participating in investment project bidding, especially enterprises in construction, infrastructure, and PPP (public-private partnership) projects. Changes in procedures, bidding documents, evaluation criteria, and responsibilities of participating parties will directly impact how businesses prepare for and participate in bidding processes. For SME businesses, understanding the new regulations on investor selection is important if they wish to participate in public investment projects or cooperate with the state. Changes in administrative procedures, financial and technical capacity requirements, and document evaluation methods will require businesses to update internal processes and ensure full compliance to increase their chances of winning bids.
Law Amending and Supplementing Several Articles of the Value Added Tax Law
The National Assembly has passed the Law Amending and Supplementing Several Articles of the Value Added Tax Law at the 10th Session of the 15th Legislature. This is an important legal document aimed at improving the VAT system to align with economic development realities and international integration. The Law was drafted under the leadership of the Ministry of Finance and reviewed by the Economic and Financial Committee. The amendments to the VAT Law aim to resolve practical implementation difficulties, adjust provisions to suit new contexts, and ensure fairness and transparency in tax collection. For small and medium enterprises, this Law may bring changes to taxable subjects, tax calculation methods, applicable tax rates, or tax incentives. Business owners should closely monitor the detailed content of the Law when officially published to adjust accounting, tax declarations, and business operations in accordance with the new regulations.
Draft Law Amending and Supplementing Certain Articles of the Social Insurance Law
The Ministry of Home Affairs is drafting a Law to amend and supplement certain articles of the current Social Insurance Law. This draft is expected to be submitted and adopted at the 1st Session of the XVI National Assembly. The Committee on Culture and Society will be the lead agency for reviewing this draft law. For small and medium-sized enterprises (SMEs), amendments to the Social Insurance Law may affect obligations related to social insurance, health insurance, and unemployment insurance contributions for employees. Changes may involve contribution rates, eligible participants, employee benefits, and procedures for settling social insurance benefits. Businesses should closely monitor the draft content to prepare for adjustments to HR policies and labor cost budgets accordingly. Updating social insurance regulations is necessary to ensure employee rights and align with the current socio-economic situation. Business owners should proactively study the detailed draft when it is fully published to develop timely implementation plans, avoiding violations of labor and social insurance laws.
Law Amending and Supplementing Certain Articles of the Law on Insurance Business
The Law Amending and Supplementing Certain Articles of the Law on Insurance Business has been passed by the National Assembly at the 10th Session, 15th Legislature. This is an important legislative document aimed at updating and perfecting the legal framework for insurance business in Vietnam, aligned with the practical development of the insurance market and international integration. The draft law was prepared by the Ministry of Finance and reviewed by the Economic and Financial Committee of the National Assembly. This law will impact insurance business enterprises, insurance brokers, insurance agents, as well as businesses and individuals purchasing insurance. For SME businesses, the law amendments may affect the purchase of insurance for assets, professional liability, and employee insurance. Business owners should monitor the new regulations to ensure compliance and take advantage of opportunities from improved insurance products.
Consolidated Document No. 09/VBHN-BKHCN: Circular on Managing the National Innovation Startup Ecosystem Support Scheme (Project 844) to 2025
Consolidated Document No. 09/VBHN-BKHCN merges Circular No. 01/2018/TT-BKHCN with amendments under Circular No. 58/2025/TT-BKHCN, setting out how the Ministry of Science and Technology organizes, manages, and funds the National Innovation Startup Ecosystem Support Scheme to 2025 (Project 844), approved under Decision No. 844/QD-TTg. The circular divides Project 844 tasks into five groups: national/ministerial/provincial science and technology tasks; annual and periodic tasks (training, communications, building accelerator and investor networks, organizing startup events, supporting incubators); IT application tasks (the national startup portal and startup database system); construction of concentrated startup service zones; and project management activities. It sets out detailed procedures for selecting lead implementing organizations (application dossiers, appraisal councils, funding review), contract signing and liquidation, and a five-tier classification of innovation startup experts by years of experience (under 3 years to 12+ years) used to set financial support rates. The main audience is startup support organizations and innovation startups (businesses under 5 years old) seeking access to state budget funding, plus the ministries, localities, and agencies that directly implement Project 844. This is an internal administrative document governing how startup-support funding is approved and disbursed - it does not impose tax, e-invoice, labor, or customs obligations that apply to businesses generally.
Circular 138/2025/TT-BTC: Amending and Supplementing Certain Articles of Circular 95/2020/TT-BTC and Circular 06/2022/TT-BTC on Securities Transaction Supervision and Compliance Supervision
Circular 138/2025/TT-BTC issued by the Ministry of Finance on December 30, 2025 amends and supplements regulations on securities transaction supervision and compliance supervision in Vietnam's securities market. This document modifies two previous circulars: Circular 95/2020/TT-BTC guiding securities transaction supervision and Circular 06/2022/TT-BTC guiding the State Securities Commission's compliance supervision of organizations such as Vietnam Stock Exchanges, Vietnam Securities Depository and Clearing Corporation and their subsidiaries. The circular takes effect from March 1, 2026, aiming to improve the legal framework for securities market supervision and management. These amendments align with market developments, enhance transparency, and protect investor rights. For SMEs planning to list, issue securities, or currently trading on the securities market, updating knowledge of new regulations on transaction supervision and compliance is crucial. Businesses should note that while the circular primarily regulates intermediary organizations (stock exchanges, securities companies, depository centers), changes in supervision procedures may affect reporting requirements, information disclosure, and compliance obligations for listed companies. Enterprises should coordinate with securities companies and legal advisors to ensure full compliance with the new regulations when the circular becomes effective.