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Other legal issues relating to outward investment procedures

In addition to the initial procedures for implementing outward investment activities, the Investor should take note of certain legal obligations arising during the implementation of the project, particularly periodic reporting obligations and the obligation to remit profits back to Vietnam. These are important legal matters to ensure that outward investment activities are carried out in compliance with the applicable regulations and to avoid the risk of administrative penalties.  1. Periodic reporting procedures:   Pursuant to Articles 48.3(b), 48.3(c), and 48.4 of the Law on Investment 2025, Article 35.2 of Decree No. 103/2026/ND-CP, and Article 25 of Circular No. 12/2016/TT-NHNN, during the implementation of an outward investment project, the Investor must comply with the following periodic reporting regime:  No.   Report   Reporting method   Receiving authorities   Form   Deadline   1.  Semi-annual and annual periodic report on the operation status of the investment p...
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Legal Due Diligence of Healthcare Intermediary Service Platforms in Vietnam: Perspectives on Licensing, Intellectual Property, and Personal Data

I. INTRODUCTION The market for healthcare service booking platforms in Vietnam – spanning telemedicine, appointment booking, and online health consultations – is growing rapidly, driving a wave of fundraising and mergers and acquisitions (M&A) in the health technology sector. However, unlike a typical technology start-up, legal due diligence on this group of businesses is considerably more complex, as their business models sit at the intersection of multiple areas of law: the law on medical examination and treatment, e-commerce law, intellectual property law, and personal data protection law.   This overlap means that the legal risks of a Healthcare Intermediary Service Provider are rarely concentrated in a single area, but instead spread across several layers: from correctly classifying the operating model, to ownership of intellectual property assets, to compliance with personal data protection obligations. A red flag at any one of these layers can directly affect th...
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Implementation of notification of the maximum foreign ownership limit in a public company

The foreign ownership limit (“ FOL ”) is one of the important pieces of information in the operation of a public company, particularly in relation to the management of foreign ownership “room”, securities trading, public offerings, securities issuances, and ensuring foreign investors’ market access rights. Under the current securities laws, a public company is not only responsible for determining its FOL, but must also carry out the notification procedure with the State Securities Commission (“ SSC ”) and disclose information on the FOL to the market.   1. Basis fordeterminingthe foreign ownership limit   Under Article 139 of Decree No. 155/2020/ND-CP, as amended and supplemented by Decree No. 245/2025/ND-CP, the FOL in a public company is determined on the basis of treaties to which Vietnam is a member, specialized laws, investment laws, and regulations on business lines subject to market access restrictions for foreign investors.   Where a company operates in a business line with ...
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