Work permits play a crucial role in managing and ensuring the lawful employment of foreign workers in Vietnam. Under the provisions of the Labor Code and Decree No. 219/2025/NĐ-CP, foreigners must obtain a valid work permit before commencing employment in Vietnam, unless exempted by law. This article provides an overview
On the occasion of Lunar New Year 2026, Siglaw Firm would like to respectfully announce our holiday schedule as follows: Holiday period: From 14 February 2026 (27th day of the Lunar month) to the end of 22 February 2026 (6th day of Lunar New Year) Work resumes: 23 February 2026
The National Assembly’s passage of Resolution No. 136/2024/QH15 regarding the organization of urban government and the pilot of specific mechanisms and policies for the development of Da Nang has officially laid the foundation for the Free Trade Zone (FTZ) model and the formation of the International Financial Center (IFC). For
In the context of globalization and digital transformation, cross-border personal data transfers have become increasingly common, particularly for foreign-invested enterprises (FDIs), technology companies, e-commerce businesses, financial and banking institutions, and multinational corporations. To control risks related to privacy infringement and to ensure data security, the Law on Personal Data Protection
The establishment of the Da Nang Free Trade Zone (FTZ) under Resolution No. 136/2024/QH15 is not only a breakthrough for Central Vietnam but also opens a “bay of opportunities” for Foreign Direct Investment (FDI) investors. As senior investment consultants and international trade lawyers at Siglaw, with extensive practical experience in
On the afternoon of January 23, 2026, in Hanoi, the 10th Anniversary Ceremony of the Vietnam Business Lawyers Club (VBLC) was held. This significant milestone marks a decade-long journey of building and developing a prestigious professional forum for lawyers specializing in international trade, investment, and global economic integration. The event
According to the Law on Investment and its guiding regulations, for investors entering the Vietnamese market, meeting initial legal requirements—such as obtaining an Investment Registration Certificate (IRC) or an Enterprise Registration Certificate (ERC)—is merely the beginning of a “legal marathon.” The “post-licensing compliance” stage has now become a cornerstone of
The establishment and operation of enterprises in Vietnam’s International Financial Centre (IFC) not only provide access to a global financial environment but also offer a special tax regime with incentives that are significantly more competitive than those applied outside the IFC. Pursuant to Resolution No. 222/2025/QH15 of the National Assembly,
Pursuant to Resolution No. 222/2025/QH15 of the National Assembly, Vietnam officially establishes and operates the International Financial Centre (International Financial Centre – IFC) from 1 September 2025. The IFC is oriented to become a hub for international financial, investment, and financial service activities, operating in accordance with global standards and
In the era of global capital mobility, where finance serves as the “lifeblood” of the economy, an International Financial Center (IFC) is not merely a concentration of banks or investment institutions. Rather, it constitutes a distinct legal and institutional framework that reflects a country’s level of development and its degree
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