Lexsol Law Firm

Lexsol Law Firm is pleased to announce the establishment of a strategic partnership with ECONOMIQ Group – a Malta-based specialized  advisory firm with extensive experience in the implementation of Malta migration programmes. This collaboration marks a significant milestone in enhancing Lexsol’s capacity to deliver cross-border legal services while providing clients in Vietnam with comprehensive, transparent, and internationally compliant Malta migration solutions.

Foreign-invested language centers in Vietnam are governed by a multi-layered legal system, including investment, enterprise, and education laws. Foreign investors must simultaneously comply with market access conditions and sector-specific operational requirements. This legal framework shapes the entire process of establishment, licensing, and operation of language centers, as analyzed in detail below.

FDI enterprises engaging in retail business in Vietnam are subject to strict regulatory control over business conditions, scope of operations, and licensing mechanisms under specialized laws. Correctly determining the retail business model, foreign-invested capital structure, and applicable licenses is decisive for the legality of the entire business operation.

Compulsory social insurance has been expanded to cover non-salaried enterprise managers effective July 1, 2025 - a legal change that directly affects the personnel structure and finances of thousands of enterprises in Vietnam. This regulation applies regardless of whether the enterprise manager receives any remuneration, as stipulated in the Law on Social Insurance 2024, specifically as follows.

For foreign-invested enterprises (FDIs), the repatriation of profits abroad is a lawful and recurring activity. However, this process is subject to strict regulation under Vietnamese law, particularly in relation to taxation and foreign exchange control. Failure to comply with applicable regulations may expose enterprises to various risks, including refusal of transactions by banks, administrative penalties, or unexpected tax liabilities.

A Will is a legal document expressing an individual's intent regarding the disposition of their assets to others after their demise. Therefore, prior to drafting a Will, the testator must pay particular attention to the conditions ensuring its legal validity. This ensures that the contents are executed in accordance with the testator’s wishes while mitigating potential disputes and legal risks in the future.

Over the past years, Vietnam has attracted substantial foreign investment thanks to its stable business environment and competitive costs. However, in practice, not all projects achieve their expected outcomes. In such cases, foreign-invested enterprises (FDI) may need to consider exiting the market by terminating their investment projects. It is important to note that “closing a project” is not merely about ceasing business operations. It involves a series of legal obligations across multiple regulatory authorities. If not handled properly, the process may be prolonged or expose the enterprise to unforeseen legal risks.

From April 3, 2026, pursuant to Article 18 of Decree No. 103/2026/ND-CP, the Government officially allows certain outbound investment projects to be exempt from the requirement to obtain an Outward Investment Registration Certificate. This marks a significant shift in investment management policy, reflecting the Government’s direction toward administrative reform and encouraging Vietnamese enterprises to expand into international markets. Notably, this regulation not only impacts domestic enterprises but also carries particular significance for foreign-invested enterprises (FDI) in Vietnam, especially as many multinational groups are using Vietnam as an operating hub to deploy regional investment activities. However, to effectively leverage this opportunity, investors must clearly understand the scope of application, accompanying conditions, and practical risks during implementation.