The Prime Minister officially issued Decision No. 840/QĐ-TTg dated May 13, 2026, approving the "Development Program for Digital Technology Industry for the 2026–2030 Period, with a Vision to 2045." This serves as a concrete strategic step implementing Resolution No. 57-NQ/TW dated December 22, 2024, of the Politburo on breakthroughs in science, technology development, innovation, and national digital transformation. Decision No. 840 affirms that developing the digital technology industry means developing a modern economic-technical sector and a foundational industry, serving as a key driving force to achieve breakthroughs in productivity, quality, and competitiveness, while laying a solid foundation to promote double-digit economic growth and playing a decisive role in transforming Vietnam into a developed, high-income country by 2045....View more
The transition to a two-tier court system comprising the Provincial People's Courts (PPCs) and the Regional People's Courts (RPCs) represents one of the most significant reforms in Vietnam's judicial system. Pursuant to the Law on the Organization of People's Courts 2024 and its implementing instruments, the Standing Committee of the National Assembly promulgated Resolution No. 04/2026/UBTVQH16 dated 10 June 2026 (amending and supplementing Resolution No. 81/2025/UBTVQH15) to refine the jurisdictional framework and organizational structure of the reformed court system. The fundamental shift from a court system organized according to district-level administrative boundaries to a regional court model raises important legal implications for both individuals and businesses. How is the new judicial system structured, and what critical legal issues should litigants be aware of when participating in legal proceedings from 2026 onward?...View more
Starting from February 9, 2026, Decree No. 340/2025/NĐ-CP, which regulates administrative penalties in the monetary and banking sectors, will officially take effect....View more
Deciding to step out of a marriage is never easy. This is especially true when your marriage involves foreign elements (you or your spouse is a foreigner, or both are foreigners living in Vietnam), where geographical barriers and legal differences make things even more complicated....View more
Separation between business owner assets and business assets...View more
"Investors who participate in trading international securities on platforms not organized and operated by the Vietnam Stock Exchange and its subsidiaries should exercise utmost caution, particularly with regard to solicitations promising high interest rates or returns that lack transparency. Investors are advised to be vigilant when receiving invitations to invest in international stock or derivative trading platforms." This is a warning issued by the State Securities Commission of Vietnam in light of the increasing number of individuals engaging in investment channels that are not recognized under Vietnamese law....View more
