Lexsol Law Firm

Effective July 23, 2026, Decree 296/2026/NĐ-CP amends Decree 168/2025/NĐ-CP on business registration, revising the criteria for identifying a company's beneficial owner to focus on ownership of 25% or more of charter capital, control rights, and management rights. Notably, just two days earlier, Decree 288/2026/NĐ-CP introduced specific penalties for failing to declare beneficial owner information, with fines of up to VND 100 million for organizations. This article summarizes what enterprises need to note and act on now to avoid the risk of penalties.

As of July 1, 2026, Law No. 118/2025/QH15 amending 10 laws on security and order officially took effect, introducing two entirely new visa categories: UĐ1 for high-quality digital technology talent and UĐ2 for accompanying family members, while extending temporary residence card validity to up to 10 years. In parallel, Circular 70/2026/TT-BCA revised a wide range of application forms and enabled electronic filing, while the Immigration Department announced that from October 1, 2026 it will stop accepting paper documents for temporary exit suspension and entry denial procedures. This article summarizes the most important changes that FDI enterprises and foreign workers in Vietnam need to understand.

Decree 283/2026/ND-CP officially takes effect from September 10, 2026, replacing Decree 12/2022/ND-CP, re-stipulating all penalties for administrative violations in the field of labor, social insurance and Vietnamese workers working abroad under contracts. The Decree adds many new violations, and at the same time maintains the principle of fining organizations twice as much as individuals. The most notable for FDI enterprises is the fine of up to 75 million VND when employing foreign workers without work permits. The article summarizes the fines for businesses that need to be reviewed immediately.

The Ministry of Finance has released the second draft of the Law amending and supplementing Investment Law No. 143/2025/QH15, expected to be submitted to the National Assembly in October 2026 and to take effect on January 1, 2027. The most notable feature is a mechanism allowing the Government to relax market access conditions sector by sector and period by period for foreign investors, together with a shift of investment incentives from upfront tax breaks to post-investment support tied to technology transfer. This article analyzes the most significant proposed changes and what foreign-invested enterprises should prepare for.

Currently, e-commerce activities are experiencing strong growth due to the increasing trend of online shopping, with consumers prioritizing fast transactions, diverse choices, and cost optimization. This reality requires stricter management of e-commerce trading platforms under applicable laws in Vietnam to control transactions, tax obligations, and consumer protection. The following content analyzes the latest legal regulations applicable to e-commerce trading platforms.

Amid rapid economic growth and the proliferation of digital technologies, the increasing reliance on electronic devices among young people, particularly children, has become a notable trend. This development has led to a gradual neglect of practical life values. In response, life skills education centers have emerged as a practical solution, enabling children to explore the world around them, develop essential soft skills, and achieve holistic development. At the same time, participation in experiential activities helps reduce excessive exposure to digital devices. This article provides businesses, particularly foreign-invested enterprises, with an overview of the legal framework and key requirements for implementing life skills education activities in Vietnam.

Amid ongoing fluctuations in global foreign direct investment (FDI) flows, Vietnam continues to emerge as an attractive destination in the Asian region. In 2025, total registered FDI in Vietnam reached over USD 38.4 billion, while disbursed capital from foreign-invested projects was estimated at more than USD 27.6 billion, reflecting sustained attractiveness and strong confidence from the international investor community. Notably, China has reaffirmed its position as one of Vietnam’s key strategic investment partners, ranking second in total investment capital with nearly USD 5.7 billion, accounting for 14.8% of total registered FDI. At the same time, it ranked first in terms of the number of newly registered projects, representing 31.45%. This trend highlights the increasingly evident relocation of manufacturing activities and expansion of supply chains by Chinese enterprises into Vietnam. With competitive production costs, a strategic geographic location, and an increasingly legal framework for investment, Vietnam is becoming a “prime destination” for Chinese investors, particularly in the manufacturing sector. Among these, the furniture manufacturing industry stands out as a highly promising field, driven by growing export demand and the ability to leverage regional supply chains. This article provides a comprehensive analysis of market opportunities, the applicable legal framework, and key considerations for Chinese investors seeking to enter Vietnam’s furniture manufacturing sector.

Enterprises conducting business in overseas study consultancy services should note Resolution No. 23/2026/NQ-CP as this regulation has cut down several procedures related to overseas study consultancy services under Decree No. 125/2024/ND-CP. The new regulation simplifies administrative procedures but is also a matter that enterprises need to pay attention to in order to avoid legal risks when state authorities conduct inspections. Lexsol presents the details in the article below.