- HM&P: Vietnam International Law Firm
- HM&P: Vietnam International Law Firm
- 02873080839
- https://hmplaw.vn/
Insights
Perplexity, a U.S. artificial intelligence company that has developed an "AI agent" feature called Comet that can shop on its own and "infiltrate" the world's largest shopping platform Amazon, presenting major legal, technical, and administrative challenges in the context of booming AI commerce. So what do businesses need to do to use and manage AI safely and effectively in the context of today's technology boom?
Vietnam is looking forward to transforming itself by encouraging the application of advanced technologies and processes from the world, contributing to trade activities and national growth. The Law on Technology Transfer 2017 has been supplemented and adjusted a number of articles in 2025 ("Law on Technology Transfer 2025") together with Decree No. 101/2026/ND-CP detailing and guiding the implementation of a number of articles of the Law on Technology Transfer ("Decree 101"), which has created a new legal framework for organizations, individuals are entitled to receive the transfer of clean, advanced, and suitable technologies for the new situation.
On March 31, 2026, the Government issued Decree 96/2026/ND-CP guiding the implementation of the Law on Investment 2025 (Decree 96), marking an important step forward in perfecting the legal framework for investment in Vietnam. In the context of competition to attract investment capital between countries, especially in the fields of high technology, digital economy and green economy, this Decree clearly shows the strong reform orientation in the direction of simplifying procedures, strengthening post-inspection and selecting high-quality capital flows of Vietnam.
The Corporate Income Tax (CIT) and Personal Income Tax (PIT) regimes apply to corporate restructuring activities in Vietnam, including mergers, consolidations, splits, and transformations. Tax issues in M&A transactions are a significant challenge for businesses, whether they are in the position of seller or buyer.
A dashcam clip recording the incident of musician Minh Khang arguing with a Grab driver in mid-March 2026 was posted by the driver and spread on social networks. Facial images, voices, and location data of passengers have been publicly disseminated. Grab responded by permanently blocking partner accounts, but this incident raises a key question for thousands of businesses: when partners and third parties disclose customer personal data, what should the business do to ensure compliance with the law as well as protect its reputation Customers' trust in the brand?
Vietnam's pharmaceutical retail market is witnessing a period of strong growth and transformation. Needing to scale up quickly, market-leading pharmacy chains such as Pharmacity, FPT Long Chau, and An Khang are all pursuing a strategy to expand their retail store system nationwide. The common goal of these businesses is to occupy a larger market share and penetrate both large cities and rural areas.
The transaction of "transfer of factories in industrial parks" in most cases is considered by the tax authority as income from real estate transfer, even if the contract records "only transfer of factories" – land-attached assets without recording the transaction as the transfer of houses/works attached to land or assets attached to land. This shows that this transaction is still not understood and agreed in the way of implementation between invisible related parties, which has created risks for businesses in the transfer process.
The issuance of individual corporate bonds is an important capital mobilization channel but is sensitive to the risk of "information asymmetry" when the issuer knows better than investors about financial health, purpose of using capital, collateral and debt repayment capacity. When the obligation to disclose information is carried out in a slow, insufficient or wrong form, the market is prone to falling into improper risk valuation, wrong capital allocation and causing a lack of investor confidence.
The tax picture for cloud computing services provided across borders is changing drastically in Vietnam. From mid-2025, Vietnam has markedly shifted to the principle of taxation according to the place of consumption, and at the same time strengthened management with digital services through two mechanisms: (1) Foreign suppliers self-register – declare – pay taxes directly on the tax authority's web portal; and (2) deduction, submitted on behalf of the buyer, digital platform or payment intermediary organization in Vietnam.
The Law on Personal Data Protection No. 91/2025/QH15 dated June 26, 2025 of the National Assembly ("Law on PDP") and the Government's Decree No. 356/2025/ND-CP dated December 31, 2025 detailing a number of articles and measures to implement the Law on PDP ("Decree 356") have established personal data processing services as a conditional business field for the first time, are directly governed by specialized laws on PDP. This regulation has a significant impact on many businesses operating in the digital economy.
Focusing on implementing breakthroughs in science, technology, innovation and digital transformation, creating a foundation for the development of new and modern production forces is identified as one of the key tasks of the term of the XIV Congress . With this orientation, the requirement to strongly innovate the mechanism of allocation, management and use of resources for science, technology and innovation is becoming more and more clear, in the direction of priority.
The 2005 Commercial Law was expected to be a "framework law" regulating commercial relations in the market economy, but the practice of more than two decades has shown that the role of the "central law" of this law has been significantly reduced. The reason does not lie in a specific provision, but the sum of many different factors such as the wide scope of regulation, the overlap between regulations, and the emergence of new specialized legal frameworks, has faded into obscuring a law that should have played the most important role in the nation's commerce.
-
-
