Outward investment capital is defined with unusual precision in Decree 103/2026/ND-CP, and the definition matters because it determines what a Vietnamese investor may lawfully send abroad. Article 6, applying from 3 April 2026, sets out both the permitted sources and the permitted uses – and one provision in it is worth real money to groups…
The outward investment certificate is the document a Vietnamese investor must hold before capital may lawfully leave the country for a business project abroad. Decree 103/2026/ND-CP, issued on 31 March 2026, governs it – detailing Articles 41, 42, 43, 48 and 52 of the Law on Investment and replacing the previous outbound framework. What the…
Planning conformity is the condition that quietly decides more Vietnamese licensing outcomes than any other, and Decree 96/2026/ND-CP finally defines it. Article 32(7)(a) sets out what conformity means, which plan governs, and how an authority must assess it – turning a subjective judgement into an argument a sponsor can construct. What planning conformity now means…
The special investment procedure is the fastest licensing route Vietnam has ever offered foreign investors, and it is deliberately narrow. Rather than passing through investment policy approval and then the certificate, a qualifying project registers and commits – substituting a registration-and-undertaking model for the conventional appraisal sequence. Decree 96/2026/ND-CP, effective 31 March 2026, sets out…
Investment policy approval is the gate that decides whether a Vietnamese project takes months or years to license. Decree 96/2026/ND-CP, effective 31 March 2026, guides the Law on Investment provisions governing it, and understanding which track a project falls into is the first analysis any sponsor should commission. Two tracks, and why the distinction matters…
The investment registration certificate is the document that turns a foreign investment plan into a licensed Vietnamese project, and Decree 96/2026/ND-CP – issued and effective on 31 March 2026 – rewrote how it is obtained. For projects that do not require investment policy approval, the decree fixes both a checklist of six conditions and a…
IFC land policy determines where members can actually sit, and Decree 323/2025/ND-CP is unusually specific about it. Land allocation and lease policy inside the international financial centre is one of the special mechanisms established by Resolution 222/2025/QH15, and the decree fixes both the perimeters and the criteria the land inside them must meet. What IFC…
IFC banking is the layer everything else in Vietnam’s international financial centre depends on. A fund cannot subscribe capital, a digital asset venue cannot settle fiat legs and a family office cannot custody assets without banks willing to operate inside the perimeter. Decree 323/2025/ND-CP reserves a dedicated banking services zone in the functional layout for…
The IFC roadmap in Vietnam is unusually explicit for a project of this kind. Decree 323/2025/ND-CP sets out what must happen in 2025-2026, what begins from 2026, and what the Executive Council must report within five years. For institutions deciding when to commit, that timetable is the most useful planning document available. Phase one of…
Comparing Vietnam vs Singapore as a financial centre base is the first question every institution asks once Vietnam’s international financial centre becomes a real option. The honest answer is that they are not substitutes today, and pretending otherwise serves nobody. What follows is the comparison as a decision framework rather than a promotional exercise. Vietnam…