Recently, the Ministry of Finance has been drafting the Law on Business Investment, a foundational legal document that serves as one of the important pillars for Vietnam’s future investment activities. This draft reaffirms Vietnam’s determination to build a transparent, favorable investment environment aligned with international standards. Some key highlights of the draft include: 1. Amending […]
Asia Legal is pleased to share key updates on Vietnam’s socio-economic performance in August 2025 published by the Statistics Department, reflecting strong fundamentals and an increasingly attractive investment climate. – Foreign Direct Investment (FDI): Total registered capital reached USD 26.14 billion, with USD 15.40 billion implemented, confirming Vietnam’s position as a leading investment destination. – […]
Eighty years ago, the Vietnamese people accomplished the great August Revolution – a historic milestone, the pinnacle of indomitable will, and the crystallization of patriotic strength accumulated through generations of resilient struggle. Since that sacred turning point, our nation has continued to advance: a dynamic economy, deep international integration, an increasingly solid global standing, and […]
DECISION NO. 35/2025/QĐSST-KDTM of the People’s Court of Ho Chi Minh City, dated February 26, 2025 is a typical and significant case in the practice of setting aside Arbitral awards in Vietnam. The Court annulled a VIAC arbitral award, determining that the dispute was civil in nature, not commercial, and therefore fell outside the statutory […]