On 10 October 2024, the Government issued Decree No. 128/2024/ND-CP (“Decree 128”), amending a number of articles of Decree No. 81/2018/ND-CP dated 22 May 2018, detailing Commercial Law on trade promotion activities (“Decree 81”). Decree 128 shall take effect on 1 December…

The newly issued Law on Credit Institutions No. 32/2024/QH15, passed by the National Assembly on 18 January 2024 (“LCI 2024”), has become effective on 01 July 2024 (except for some clauses regarding the transfer of the whole or a part of real…

On 17 July 2024, the Governor of the State Bank of Vietnam issued Circular No. 40/2024/TT-NHNN, regulating the provision of intermediary payment services (“Circular 40”). Circular 40 took effect on 17 July 2024 and replaced Circular No. 39/2014/TT-NHNN dated 11 December 2014…

On 29 June 2024, the National Assembly promulgated Social Insurance Law No. 41/2024/QH15 (“SI Law 2024”). The SI Law 2024 will take effect on 1 July 2025 and will replace Social Insurance Law No. 58/2014/QH13, with a number of articles amended by…