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.

Petroleum blending is an important technical activity in the petroleum supply chain, aimed at producing gasoline and oil products that meet technical standards before being marketed. This is a conditional business activity subject to strict state management under Decree No. 83/2014/ND-CP, as amended by Decree No. 95/2021/ND-CP.

Gas business (including liquefied petroleum gas – LPG, liquefied natural gas – LNG, compressed natural gas – CNG, and other industrial gases) is a conditional business line regulated under Decree No. 87/2018/NĐ-CP and relevant guiding instruments. Gas-related business activities cover a wide range of sectors, from production, distribution, and transportation to import–export and leasing of gas storage equipment. As a conditional business line, traders must comply with multipl

Petroleum import and export constitute a core activity in Vietnam’s national energy supply chain and fall within the category of conditional business lines subject to strict State supervision. Given their direct implications for energy security, fire and explosion safety, and market stabilization, the legal regime governing this sector is designed with particularly high compliance thresholds. Accordingly, only enterprises with substantial financial capacity, qualified infrast

In the context of an increasingly complex legal environment and intensifying commercial competition, having an in-house lawyer is no longer a privilege of large corporations but is becoming a necessary trend for small and medium enterprises (SMEs). This is not only a smart investment but also a sustainable "legal shield" for businesses.

In the context of increasing global economic integration and a rapidly changing business environment with greater legal interventions, the question arises: Have Vietnamese enterprises truly paid due attention to legal aspects in their operations?

On May 17, 2025, at 02:47 PM +07, the Vietnamese National Assembly approved Resolution 198/2025/QH15, introducing special mechanisms and policies to enhance the role of the private economic sector, including enterprises, business households, and individual business operators. Below is a detailed overview reflecting all content from the document.

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