Introduction Contracts are fundamental to commercial activities, investment transactions, employment relationships, and everyday business operations. In Vietnam, contract law provides the legal framework governing how agreements are formed, performed, amended, and enforced. Vietnam's contract law system is primarily governed by the Civil Code 2015, together with specialized laws such as commercial regulations, labor laws, construction regulations, investment laws, and other s

Introduction Vietnam has emerged as one of Southeast Asia’s most attractive investment destinations. Strong economic growth, competitive labor costs, strategic geographic location, and expanding international trade relationships have attracted significant domestic and foreign investment. However, before investing in Vietnam, understanding the legal framework governing investments is essential. Vietnam’s Investment Law establishes the rules, procedures, incentives, restriction

Should You Choose to Establish a Private Company, Single-Member LLC, or Multi-Member LLC in Vietnam? Introduction Starting a business in Vietnam begins with one critical decision: choosing the right legal structure. Many entrepreneurs and investors ask the same question: Should I establish a Private Company, a Single-Member LLC, or a Multi-Member LLC? The answer depends on ownership structure, liability concerns, capital raising plans, operational flexibility, and long-term b

Introduction Choosing the right business structure is one of the most important decisions entrepreneurs make when starting a company. Among the most popular options is the Limited Liability Company, commonly known as an LLC. LLCs provide flexibility, liability protection, and simpler administration compared to many other business structures. However, many business owners struggle with one important question: Should you create a Single-Member LLC or a Multi-Member LLC? Underst

Starting a business in Vietnam in 2026 is easier than ever—but choosing the right business structure remains one of the most important decisions entrepreneurs must make. Many founders ask: “What types of businesses are legally recognized in Vietnam?” “Which business structure should I choose?” The answer depends on your goals, ownership structure, capital requirements, and long-term growth plans. In this guide, we explain the major business types recognized under Vietnam’s cu