Society
30% tax reduction for entities with revenue under $383,000 approved
The Resolution is set to take effect on August 24, 2026, and will be applicable for the 2026 and 2027 tax years.
Society
Banking-related laws (amended) passed
Under the Law on Anti-Money Laundering (amended), crypto asset service providers subject to anti-money laundering reporting starting December 1
Society
National Assembly passed a resolution on the establishment of Quang Ninh City
Quang Ninh City is established based on the entire natural area and population scale of northern Quang Ninh province.
Resolution passed to upgrade Bac Ninh to centrally-run city status
According to the Resolution which takes effect on September 20, 2026, the centrally-run city of Bac Ninh will be established based on the entire natural land area and population size of the current Bac Ninh Province.
Vietnam updates intellectual property rules for emerging technologies
Deputy Prime Minister Ho Quoc Dung has requested legal updates to align with modern tech trends. Key priorities include protecting non-traditional intellectual property (IP) assets such as big data, digital assets, blockchain, biotechnology, and semiconductors.
Vietnam to block non-compliant foreign digital platforms
Foreign tech companies providing internet and cross-border services in Vietnam without representative offices or required local data storage will face access blocks under a newly issued Decree.
Tending the talent pipeline
Employment continues upwards around Vietnam but concern lingers over the skills and capabilities required in the modern workplace.
30% reduction in personal and corporate income tax proposed
State budget revenue is expected to decline by approximately VND 3.191 trillion ($112.12 million) in 2026 and VND 3.51 trillion ($134.2 million) in 2027.
Specialized cybersecurity personnel to receive up to 300% salary allowance
Under a new decree from the Government , the specialized cybersecurity force is defined as the "core force," stationed within the Ministry of Public Security and the Ministry of National Defense...