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Law on Science, Technology and Innovation helps drive fast, sustainable development

As the global economy transitions towards a knowledge-based model, science, technology and innovation have become decisive engines of national growth. In Vietnam, the 2025 Law on Science, Technology and Innovation is widely viewed as a strategic institutional framework for improving national competitiveness while raising the country’s position in global value chains.
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Major changes of Circular No. 23/2025/TT-NHNN on required reserves

The State Bank of Vietnam has issued a Circular amending and supplementing regulations on required reserves applicable to credit institutions and foreign bank branches. Below are the major changes introduced by Circular No. 23/2025/TT-NHNN regarding banks’ required reserves.
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How many transaction offices may a commercial bank establish?

In the course of operation, commercial banks must comply with various regulations on the number and establishment of transaction offices. Under current law, how many transaction offices may a commercial bank establish? The article below provides detailed information.
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Law on Specialized Court provides professional adjudicatory mechanism at International Financial Center

The establishment of the International Financial Center necessitates an appropriate judicial institution capable of resolving cross-border investment and business disputes. In this context, the Law on Specialized Court at the International Financial Center was enacted as a key legal foundation for the application of a professional adjudicatory mechanism, thereby enhancing Vietnam’s profile and competitiveness in the international arena.
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Law on Teachers expected to raise welfare for teachers, education quality

Every year on November 20, Vietnam honors teachers for their dedication to the noble cause of education. This year, the celebration is especially meaningful as the National Assembly has adopted the Law on Teachers, a major step forward in honoring and developing the contigent of teachers, and improving education quality nationwide.
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Disputes Over Bank Credit Contracts

In recent years, along with the strong growth of the economy and the increasing demand for loans, credit activities in Vietnam have expanded both in scale and scope. However, accompanying this development is the reality that disputes over credit contracts have become increasingly common, not only rising sharply in number but also becoming more complex in nature and extent.
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Risks of Ratification in International Investment

Vietnam is shaping strategic steps to become a destination for global capital flows, most notably with the plan to establish international financial centers in Ho Chi Minh City and Da Nang. As the doors of integration open wider, domestic enterprises will have opportunities to access large-scale investment projects, but at the same time must also face more sophisticated legal risks.
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Inheritance Estates of Foreigners Deceased in Vietnam

The strong development of international exchanges has made civil relations with foreign elements increasingly common in Vietnam. Among them, inheritance is a particularly complex field, as it not only relates to property rights and personal rights but is also simultaneously governed by multiple legal systems. Therefore, a comprehensive study of the inheritance estate of foreigners in Vietnam is not only of theoretical significance but also of practical value, helping to ensure the legitimate rights and interests of the parties