In the course of doing business, not every enterprise is able to reach its originally intended destination. There are times when market conditions change, resources are no longer suitable, or development strategies take a different direction. In such circumstances, dissolution should not be viewed as a failure, but rather as a lawful and transparent way for an enterprise to close a chapter of its operations. A clear understanding of dissolution procedures—from settling obliga

Suspension of operations or withdrawal from the market does not mean that a business has “closed” all of its obligations. If legal dossiers and tax liabilities are not properly and conclusively handled, risks of tax reassessment, administrative penalties, and long-term legal consequences for the legal representative may continue to arise over time.

Alcohol trading in Vietnam is classified as a conditional business investment sector, subject to strict State management in order to safeguard social order, public health, and consumer rights. Under current Vietnamese law, enterprises are only permitted to manufacture, distribute, wholesale, or retail alcoholic beverages when fully satisfying statutory conditions relating to eligible business entities, facilities, product origin, and required business licenses.

On 11 December 2025, at the 10th Session of the 15th National Assembly, the National Assembly passed the Amended Law on Investment 2025, which shall take effect from 1 March 2026. The Law continues to refine the legal framework on investment in line with the policy of selective investment attraction, while ensuring national interests in the new development phase.

The year 2025 marks a series of significant changes in the legal regime governing the Industry and Trade sector, imposing higher compliance requirements on enterprises. This article provides an overall, up-to-date, and easy-to-understand overview of the current legal framework, enabling businesses to proactively adapt and minimize risks in their operations.

A retail petroleum station is a key link that directly serves consumers; therefore, it must meet strict legal, technical, fire-safety, and environmental requirements. Under Decree No. 83/2014/NĐ-CP as amended by Decree No. 95/2021/NĐ-CP, a station may only operate after the Department of Industry and Trade issues a Certificate of Eligibility for Retail Petroleum Stations, once all of the following conditions are fully satisfied:

Leasing services for jetties and petroleum receiving/storage depots are specialized business activities that require enterprises to satisfy strict legal, infrastructure, and fire-safety conditions. Under Decree No. 83/2014/NĐ-CP as amended by Decree No. 95/2021/NĐ-CP, an enterprise may only provide these services when it fully meets the following conditions:

According to statistics from many localities, tens of thousands of enterprises are sanctioned every year for violations of regulations in the Industry and Trade sector. These violations occur in both large and small businesses and span numerous industries such as alcohol, tobacco, petroleum, gas, electricity, commercial infrastructure, promotions, e-commerce, and others. In general, the most common violations stem from a lack of understanding of legal requirements, failure t

In a context where Industry and Trade regulations are increasingly tightened and penalties continue to rise, establishing a comprehensive compliance system not only helps businesses avoid legal risks but also creates a sustainable competitive advantage. Below are four practical solution groups that enterprises should implement immediately in 2026.

Pursuant to Decree No. 83/2014/ND-CP, as amended by Decree No. 95/2021/ND-CP, any trader wishing to operate in the capacity of a petroleum wholesale distributor (general agent) must simultaneously satisfy stringent legal, infrastructure, transportation, and distribution system requirements. Once these conditions are fully met, the enterprise will be granted a Certificate of Eligibility to act as a petroleum wholesale distributor by the competent state authority.