Insights
In the practice of M&A transactions in Vietnam, the choice of transaction structure in the form of share transfer instead of direct transfer of investment projects is quite common. This approach can help the parties simplify the transaction procedure, but at the same time raises many debates about determining the true nature of the transaction and the limits of the freedom of agreement in investment and business relations.
A recent official letter of the tax authority related to businesses seems to only solve a technical problem about interest costs for BOT enterprises. However, if we look more broadly, this case reflects an important policy question that is being asked not only in Vietnam but also in many countries around the world: how to effectively combat transfer pricing without inadvertently creating an additional compliance burden on businesses that do not have transfer pricing purposes?
If in the past, the tax authorities of each country mainly only saw the activities of enterprises taking place within their territory, today, through international information exchange mechanisms, tax authorities are increasingly able to access the overall picture of revenue profits and tax obligations of multinational corporations on a global scale.
In order to help customers and business households quickly update, correctly understand and accurately apply the latest legal regulations, HM&P is pleased to launch the publication "TAX OBLIGATIONS APPLICABLE TO BUSINESS HOUSEHOLDS AND INDIVIDUAL BUSINESS OPERATORS". Through an intuitive, concise Q&A format that follows practical situations, the publication will solve from the most basic problems to the most complex problems encountered in the process of enforcing tax obligations.
Many businesses used to think that "collecting and paying" was just a simple accounting operation. The money collected by the business and then transferred back to a third party is of course not revenue. However, the practice of tax management shows that the story is not so simple.
A tax guidance document that has just been issued can make an impact that is much greater than the technical scope of tax policy. Official Letter No. 3896/CT-CS dated 11-6-2026 of the Department of Taxation has officially affirmed that foreign-invested enterprises (FDI), if they meet the conditions of small and medium-sized enterprises, are still exempt from corporate income tax (CIT) for three years from the date of issuance of the first Enterprise Registration Certificate as domestic enterprises .
Following Part 1, after clarifying the rationale and professional pressures that are being placed on lawyers in Vietnam, Part 2 of the article continues to approach the issue from a policy and institutional perspective. On the basis of referring to international experience, the article analyzes the gaps in the Draft Law on Lawyers (amended) in 2026 and proposes recommendations to build a safe, healthy and sustainable legal practice environment.
In the process of building the Socialist State under the rule of law in Vietnam, the team of lawyers has increasingly played a central role in protecting justice, human rights and legitimate interests of individuals and organizations. However, along with that development is a significant increase in occupational pressure, from competitive pressure, revenue pressure, professional responsibility pressure to digital transformation pressure
After more than 5 years of implementing Decree 132/2020/ND-CP on tax administration for enterprises with related-party transactions (Decree 132), the Ministry of Finance is submitting to the Government a new draft decree to replace the entire current decree[1]. On the surface, this can be seen as a technical move to synchronize with the Law on Tax Administration 2025 and the Law on Corporate Income Tax 2025. However, when delving into the content of the draft, it can be seen that the changes this time reflect a larger trend: Vietnam is gradually shifting from the traditional related-party transaction control model to a data-based tax risk management model, and at the same time taking a deeper approach to standards to prevent base erosion and profit shifting ( BEPS) of the OECD.
For many years, Vietnam has always been considered one of the most attractive consumer finance markets in Southeast Asia. The population size of over 100 million people, the young population structure, the per capita income are continuously improving along with the accelerating speed of digitalization, which has created favorable conditions for the development of consumer credit.
During the discussion session at the National Assembly on November 25, 2025, Deputy Prime Minister Nguyen Hoa Binh stated the orientation to review and tighten the conditions for opening majors for a number of specific fields such as medicine and law in order to concentrate training resources at qualified institutions. Behind this orientation is a bigger question: how to ensure the quality of human resources in professions where professional errors can directly affect the legitimate rights and interests of people and organizations .
For many years, electronic identification has often been seen as a tool to support the settlement of administrative procedures in the digital environment. For the majority of people, electronic identification is associated with the VNeID application, electronic driver's license or the implementation of online public services without presenting paper documents. However, the contents proposed by the Ministry of Public Security in the dossier for the development of the Law on Electronic Identification and Authentication show that the scope and ambition of this policy are much larger.
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