Tiếng ViệtExpected to be submitted to the National Assembly in October 2025
Drafted by the Ministry of Justice | 9 Chapters | 231 Articles | 50 New Provisions
The draft amendment to Vietnam’s Law on Civil Judgment Enforcement marks a sweeping modernization aimed at strengthening procedural safeguards, clarifying rights for involved parties, and supporting digital transformation in enforcement.
🔑 Key Takeaways:
- Expanded Legal Definitions
Clear recognition of third-party secured property holders and related stakeholders, granting them rights to negotiate, redeem, and challenge enforcement actions. - Authorization & Obligation Transfer
Both creditors and debtors may now delegate enforcement rights and obligations — aligning with real-world business needs and restructuring scenarios. - Enhanced Protection of Secured Assets
For the first time, the law sets out mechanisms to protect third-party property from unjust enforcement and gives them legal standing in valuation and redemption. - Legal Digitalization
Electronic notifications, digital enforcement records, and centralized databases will be implemented to reduce costs, time, and bureaucracy. - Accountability & Oversight
Enforcement officers, prosecutors, and courts will operate under stricter anti-corruption and power control mechanisms, reinforcing public trust. - Cross-Border Enforcement Readiness
Aligns with international conventions (New York Convention, UNCAC), ensuring smoother execution of foreign arbitral awards and cross-border judgments.
💬 Why This Matters to You:
– This reform lays the groundwork for a more predictable, transparent, and enforceable legal environment — especially critical for:
– Foreign investors involved in M&A or secured transactions.
– Businesses navigating asset disputes or cross-border debt enforcement.
– Legal professionals seeking modern enforcement procedures.
🔗 At THE LAM LAW LLC – Your legal need, Our Mission, we are ready to guide clients through the upcoming reforms with:
Legal due diligence
Enforcement strategy
Asset protection planning
M&A and investment structuring
📩 Let’s connect to explore what this means for your business in Vietnam.
Link PDF: Civil Judgment Enforcement Law_Draft
THE LAM LAW LLC
🏢Indochina Park Tower, # 4 Nguyen Dinh Chieu Str, Dakao Ward, Dist 1, Ho Chi Minh City.
📞Tel: +84 (0)28 710 58 222 – 6288 3798 – Hotline: +84 (0) 97 309 77 77
✉ Email: info@thelamlawllc.com
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