News

Vietnam has no single capital figure for foreign-owned companies. Here is what drives the number, and why the IRC takes 10 working days on paper but longer in practice.

Not every sector is open to 100% foreign ownership in Vietnam, and not every foreign-invested company needs an IRC before an ERC. Here is how the two rules actually interact.

Vietnam's Investment Law 2025 streamlines licensing, but the real changes are elsewhere: a trimmed conditional-sector list, unchanged M&A review standards, and a shift from pre- to post-licensing oversight.

Vietnam's new CIT law (67/2025/QH15) keeps the 20% headline rate but adds 15-17% SME tiers, expands R&D deductions, and rolls out the OECD's 15% Pillar Two minimum tax for large MNEs.