To specify regulations governing foreign exchange management for foreign investment activities in Viet Nam, on July 31, 2026, the State Bank of Vietnam issued Circular 38/2026/TT-NHNN (Circular 38). Circular 38 takes effect on August 18, 2026. This article analyzes several key highlights that foreign investors and member enterprises within the Viet Nam International Financial Center should take note of.
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Law on Investment 2025: Refining the institutional framework and enhancing the quality of the investment and business environment
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.
Read moreDecree 239/2025/ND-CP: What investors should pay attention to when carrying out investment activities from September 3, 2025
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.
Read moreAmendment to the Decree guiding the Law on Investment: Simplifying procedures, unlocking resources for economic development
To ensure simultaneous enforcement with the Law amending eight laws, the Ministry of Finance has been assigned to preside over the drafting of a decree amending and supplementing a number of articles of Decree 31/2021/ND-CP, which details and guides the implementation of the Law on Investment, under fast-track order and procedures. The Draft aims to resolve difficulties and obstacles, unlock resources, create the most favorable conditions for enterprises, and enhance the effectiveness and efficiency of state management in investment and business activities.
Read moreBusiness spirit of the Vietnamese
Should Vietnamese businessmen be bored of doing business in their own country and have our economy bleeding foreign currency?
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