Controlled testing mechanism in the Banking Sector

On April 29, 2025, the Government of Vietnam issued Decree 94/2025/ND-CP, providing for a regulatory sandbox in the banking sector. This Decree, effective as of July 1, 2025, establishes a legal framework that enables the controlled testing of financial technology (fintech) solutions in a strictly supervised environment. The primary objectives are to promote innovation, modernize […]

VAT Rate Applicable to Sales Revenue in Vietnam

VAT Rate Applicable to Sales Revenue in Vietnam Question: For sales to local customers in Vietnam, what is the VAT rate? Answer: According to the current regulations of Vietnamese law, value-added tax (VAT) for wholesale trade services of machinery, equipment, and electronic components (based on the company's business lines) is applied at a tax rate […]

LAWYERS FOR RESOLVING FINANCIAL - BANKING DISPUTES

In an increasingly developing economy, disputes in the financial and banking sectors have become more common, involving issues such as credit contracts, bad debts, bank guarantees, or financial investments. Having an experienced and knowledgeable lawyer by your side will help protect your legal rights, minimize legal risks, and achieve the best possible outcomes in disputes. […]