THE LAM LAW LLC – Your legal need, Our Mission was honored to attend the Conference on Legal Updates in the Financial Sector, co-hosted by VIAC and ITPC on 30 July 2025. The event provided valuable insight into regulatory reforms shaping the future of Vietnam’s financial and investment landscape.
🎯 Below are key legal highlights & must-know changes for businesses and investors:
1. LAW ON SECURITIES – KEY AMENDMENTS
🔸 Expanded definition of professional investors – now includes foreign entities.
🔸 Flexible public offerings – exemptions to the 70% sale threshold for existing shareholders.
🔸 Stricter bond rules – credit rating, debt ratio, investor classification now required.
🔸 New power to suspend/cancel private placements with investor refund & compensation.
🔸 Clarified market manipulation acts – more enforceable compliance boundaries.
2. TAX POLICY REFORMS IN 2025
🔹 VAT
✔️ Allow VAT refund for expansion projects and 5%-rate industries
✔️ E-commerce services now taxed at 10% VAT (↑ from 5%)
✔️ ESOP & invoice issuance rules streamlined for businesses
🔹 Corporate Income Tax (CIT)
✔️ Real estate profits/losses now inter-offsettable
✔️ New CIT brackets for SMEs based on total revenue
✔️ Tax incentives focused on technology & innovation, not location-based
✔️ Capital transfer by foreign entities taxed at 2% on sale price
🔹 Special Consumption Tax
✔️ Sugary drinks taxed from 2027 (8%) and 2028 (10%)
✔️ Mixed tax on tobacco (75% ad valorem + per-unit charge)
3. LEGAL ARCHITECTURE FOR INTERNATIONAL FINANCIAL CENTRE (IFC)
📌 Enacted via Resolution 222/2024/QH15, applicable in HCMC & Da Nang
✅ Corporate Income Tax:
• 10% for 30 years + 4-year exemption + 9-year 50% reduction (for priority sectors)
✅ Personal Income Tax:
• 100% PIT exemption for experts, investors, and share/capital transfer income until 2030
✅ Foreign Exchange & Banking:
• Use of foreign currency allowed
• 100% foreign-owned banks may apply home-country standards for accounting and risk
✅ Employment & Immigration:
• No work permits for qualified foreigners
• Visa & residence cards up to 10 years for foreign experts & families
• Unlimited quota for foreign staff
✅ Land use:
• Up to 70-year leases for major investment projects
✅ Dispute resolution:
• Dedicated commercial & investment arbitration/mediation mechanisms under IFC framework – reinforcing investor confidence.
📎 Pls find full Conference materials
📌 Source: VIAC & ITPC Conference Materials
💡 At THE LAM LAW LLC – Your legal need, Our Mission, we support businesses in navigating these updates, adapting compliance frameworks, and leveraging new opportunities – especially as Vietnam sets course toward becoming a regional financial hub.

THE LAM LAW LLC
🏢Indochina Park Tower, # 4 Nguyen Dinh Chieu Str, Tan Dinh Ward, Ho Chi Minh City.
📞Tel: +84 (0)28 710 58 222 – 6288 3798 – Hotline: +84 (0) 97 309 77 77
✉ Email: info@thelamlawllc.com
Related Posts
GES 15th Anniversary publication – A legacy of sharing & Inspiring young legal professionals
🎉 The Globalized Era Scholarship (GES) recently celebrated its 15-year journey of empowering globally-minded legal
Aug
A hat-trick of recognition – 3 years – 1 commitment
We are honored to announce that THE LAM LAW LLC – Your legal need, Our
Jul
Celebrating 15 years of GES – Advancing legal knowledge & inspiration
To commemorate the 15th anniversary of the Globalized Era Scholarship (GES), the GES community proudly
Jul
Can Commercial Arbitration Keep Up with the Digital Era?
We’re pleased to share key takeaways from the recent Scientific Conference on “Challenges and Opportunities
Jul
Vietnam’s Legal Landscape 2024: Reform or Risk?
Rapid regulatory changes are reshaping the way businesses operate – but are we moving too
Jul
Vietnam’s AI Economy: Strategic Growth Needs Legal Foresight
Vietnam is poised to become a rising power in the global AI economy, with projections
Jul