On December 11, 2025, the National Assembly promulgated the Law on Investment 2025, which takes effect from March 1, 2026 and replaces the Law on Investment 2020. The Law on Investment 2025 is enacted with the expectation of improving the legal framework governing investment, promptly addressing difficulties and obstacles faced by domestic and foreign investors, at the same time reducing and simplifying a number of investment and business procedures to facilitate individuals and enterprises.

On October 14, 2025, the Government promulgated Decree 267/2025/ND-CP (Decree 267) providing details for certain provisions of the Law on Science, Technology and Innovation 2025, which took effect on October 1, 2025. Decree 267 provides detailed guidelines for the implementation of the Law on Science, Technology and Innovation 2025 with respect to science, technology and innovation programs and tasks, as well as measures to promote scientific research, technological development, and innovation activities.

The concept of “beneficial owner of enterprises” (BO) is first officially introduced and clearly defined in the Law amending and supplementing a number of articles of the Law on Enterprises 76/2025/QH15 (Amended Law on Enterprises 2025). This law imposes several obligations on enterprises relating to BO, including declaration of BO information and disclosure of data necessary for BO identification. In parallel, the applicable anti-money laundering law also stipulates the responsibilities of lawyers and law-practicing organizations in updating and verifying client identification information during their provision of legal services.

The Law on Personal Data Protection 91/2025/QH15, which will officially take effect on January 1, 2026, is a law with a broad scope of regulation, applicable to all agencies, organizations, and individuals directly involved in or related to the processing of Vietnamese citizens’ personal data. Notably, the Law supplements and tightens the responsibilities of data processing entities in several specific activities and sectors such as labor, insurance business, credit, media, and information technology.

On September 3, 2025, the Government issued Decree 239/2025/ND-CP (Decree 239) amending and supplementing a number of articles of Decree 31/2021/ND-CP providing details and guidelines for the implementation of certain articles of the Law on Investment. Decree 239 takes effect from the date of promulgation. Decree 239 is issued for multiple objectives, such as providing detailed guidelines for the Law on Investment amended and supplemented in 2025, addressing difficulties and obstacles encountered in the implementation of investment laws, etc.

On June 30, 2025, the Government promulgated Decree 168/2025/ND-CP on enterprise registration, which officially takes effect from July 1, 2025 and replaces Decree 01/2021/ND-CP. The new provisions of Decree 168 are developed to further simplify administrative procedures in enterprise registration, improve transparency in Viet Nam’s business environment, attract investment, and promote the development of the private sector.