From July 1, 2024, Decree No. 69/2024/NĐ-CP officially came into effect, marking an important step in the digitalization of population management in Vietnam – including requirements for electronic identification of foreigners. However, a mandatory condition for electronic identification procedures is that foreigners must possess a valid Temporary Residence Card or Permanent Residence Card in Vietnam. This requirement has unintentionally created certain obstacles for individuals from some countries, who—due to political or administrative reasons—are only granted long-term visas without being eligible for temporary/permanent residence cards, even though they are legally residing and working in Vietnam.
We would like to share an important legal update regarding Decree No. 219/2025/NĐ-CP, issued by the Government of Vietnam on August 7, 2025. This new decree replaces Decree 152/2020/NĐ-CP and Decree 70/2023/NĐ-CP, introducing significant reforms to the regulations governing foreign workers in Vietnam.
In a recent article published by Vietnam Investment Review (September 22, 2025), Mr. Chris Luong – Partner at ALTAS Corp – shared his insights on the opportunities and challenges facing Vietnam’s real estate market after the administrative unit mergers. According to Mr. Chris Luong: “The merger of provinces and cities will reshape territorial boundaries while acting as a catalyst for a strong wave of M&As, unlocking significant investment capital and creating both opportunities and challenges.”
