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The Law on High Technology 2025 (effective from July 1, 2026) identifies the development of high technology and strategic technology as a strategic breakthrough for rapid and sustainable socio-economic development and improving national technological autonomy. On that basis, the Draft Decree detailing a number of articles and measures for the implementation of the Law on High Technology ("Draft") continues to concretize many important contents related to high-tech research and development, high-tech enterprises, high-tech research and development centers, etc hi-tech parks, as well as the state management mechanism for high-tech activities. In general, the Draft shows that Vietnam not only wants to attract investment or application of high technology, but also aims to gradually master, exploit and commercialize technology.
The payment obligation is often seen as the end point of a purchase and sale of goods. After receiving the goods, many businesses implicitly think that they must make full and timely payments, and problems related to quality or disputes will be resolved later. However, business practices show that there are many cases where goods have been delivered but do not meet the quality standards, specifications or requirements agreed upon by the parties in the contract.
When the Prime Minister issued Decision No. 21/2026/QD-TTg on the list of strategic technologies and the list of strategic technology products , many people may see this as a mere technical document to identify priority areas for investment and development support. However, if we look deeper into the structure of the list, the accompanying explanatory reports and the "big problems" proposed by ministries and sectors, it can be seen that this is actually a relatively clear outline of the development model that Vietnam is aiming for in the coming decades.
In corporate legal consultancy activities, legal opinion/advisory memorandum is often considered as the "final product" showing the professional capacity of lawyers and law firms. It is not only a written response to a legal question, but also a basis for businesses to make decisions on management, investment, transaction or risk handling.
For many years, reforming investment and business conditions has always been considered one of the important focuses of the process of reforming economic institutions in Vietnam. From major reviews in the spirit of Government Resolutions to recent administrative procedure reduction programs, the goal throughout is to reduce compliance costs, create a more favorable business investment environment for businesses, and promote economic growth.
For many years, when it comes to legal compliance in businesses, people often think of issues such as taxation, labor, fire protection, production safety, or internal controls. However, in the context of strong digital transformation, personal data has become a type of "special asset" of businesses and at the same time an object of increasingly tight protection by law.
In the digital economy, a person's location data tells a lot of things, from where they are, where they live and work, who they often meet, what habits they move into, and what behavioral groups they may belong to. Location data from this perspective has the highest commercial value for businesses, and is also one of the types of data with the greatest privacy risk from a consumer perspective.
In many mergers and acquisitions (M&A) transactions, the parties often devote most of their attention to the formal transfer agreement, while the Letter of Intent (LOI) is just a goodwill starter. However, international practice shows that many major disputes start from this seemingly "non-binding" document itself.
The Law on Investment 2025 and its guiding documents are making one of the most important changes to the mechanism for managing foreign investment flows into Vietnam. Not only amending the investment process, the new investment legal system also requires the redesign of the foreign exchange management mechanism to suit the mobilization practice of international capital flows and modern investment models.
The Draft Decree detailing a number of articles and measures to implement the Law on Cyber Security 2025 (the "Draft Decree") is attracting great attention from the business community, especially enterprises providing cross-border services in Vietnam. According to the content of the Draft, the drafting agency is aiming to establish a stricter and more synchronous cyber security management mechanism, including issues such as: cyber security protection measures, ensuring network information security, IP address identification management and data storage mechanism in Vietnam.
The Law on Support for small and medium enterprises No. 04/2017/QH14 after 8 years of implementation has contributed to the formation of the first legal framework for activities to support business groups accounting for more than 98% of Vietnamese enterprises . However, in the face of rapid changes, capacity building for small and medium-sized enterprises ("SMEs") has become an urgent requirement. Therefore, the Ministry of Finance is consulting on the Draft Law on Amendments to the Law on SME Support ("Draft"), in order to improve the mechanism to support SMEs in a more substantive and effective way.
The Law on Investment 2025 opens up a notable change for foreign investors: in some cases, investors can establish businesses before completing the procedures for issuing an Investment Registration Certificate (IRC). However, this flexibility also poses a new requirement: investors must design industries, capital structures, investment plans and compliance obligations right from the time the enterprise has not officially had a licensed investment project.
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