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In Vietnam today, setting up a business is relatively simple. With strong support from government agencies, it only takes about three working days to establish a company. However, this simplicity often leads many business owners to overlook one crucial step — carefully reviewing and drafting the company charter before incorporation. Instead, they rush to register the business and rely on standard, pre-made charter templates just to meet legal requirements.
Starting from August 7, 2025, Decree 219/2025/ND-CP officially takes effect, replacing Decree 152/2020/ND-CP (amended by Decree 70/2023/ND-CP). The new decree introduces significant reforms, making it easier for both businesses and foreign workers to work in Vietnam.