Insights

VIETNAM ISSUES NEW STANDARD INDUSTRIAL CLASSIFICATION SYSTEM

On 29 September 2025, Deputy Prime Minister Hồ Đức Phớc signed Decision No. 36/2025/QĐ-TTg, officially promulgating the Vietnam Standard Industrial Classification (VSIC) – the comprehensive framework for defining and categorizing economic activities in Vietnam. The Decision will take effect from 15 November 2025. 🔹 Purpose and SignificanceNational statistical activities;Building administrative registries, national databases, and sectoral […]

RESOLUTION NO. 05/2025/NQ-CP ON PILOT OF CRYPTO ASSETS MARKET IN VIETNAM

Resolution 05/2025/NQ-CP on piloting the crypto assets market in Vietnam officially establishes a pilot framework for the offering, issuance, trading, and provision of services related to crypto assets in Vietnam. Key contents of the Resolution include: 1. Scope, subjects, and definitions – Scope of regulation: piloting the offering, issuance of crypto assets; organizing the trading […]

DRAFT LAW ON BUSINESS INVESTMENT: A SIGNIFICANT STEP IN REFORMING VIETNAM’S INVESTMENT ENVIRONMENT

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 […]

VIETNAM SOCIO-ECONOMIC HIGHLIGHTS AND INVESTMENT OUTLOOK (AUGUST 2025)

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. – […]