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VIETNAM INVESTMENT UPDATE: MAJOR CHANGES INTRODUCED BY DECREE 239/2025

Decree No. 239/2025/ND-CP was issued by the Vietnamese Government to update investment licensing procedures in line with the implementation of the two-tier local administration system. The Decree amends and supplements Decree No. 31/2021/ND-CP, with a focus on simplifying procedures for obtaining an Investment Registration Certificate (IRC) and improving the clarity of investment incentive policies. These […]

KEY HIGHLIGHTS OF VIETNAM’S DECREE 19 ON SPECIAL INVESTMENT PROCEDURES

On February 10, 2025, the Government issued Decree No. 19/2025/ND-CP, detailing the special investment procedure under Article 36a of the Law on Investment. The decree introduces a fast-track licensing mechanism for eligible projects and prevails over inconsistent prior regulations. Non-eligible projects remain subject to the Law on Investment 2020 and Decree No. 31/2021/ND-CP. Applicable to […]

WHICH PROJECTS ARE SUBJECT TO THE APPROVAL OF INVESTMENT POLICY OF THE NATIONAL ASSEMBLY OF VIETNAM?

When a foreign investor prepares an investment project in Vietnam, if it is required to apply for investment policy approval in accordance with the Law on Investment, such project must be approved by competent state agencies before being granted the Investment Registration Certificate. Depending on the field of investment, the size of the project, the […]

Meeting of Minds: Asia Legal and Khaitan & Co

During India ADR Week 2023, LLM Lawyer Luu Vinh – Managing Partner of Asia Legal Business Law Firm had the opportunity to meet with Mr. Raj R Panchmatia, Partner of Khaitan & Co – one of India’s leading law firms with over 100 years of experience, recognized by reputable organizations such as Chambers and Partners, […]