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Update on the 10th National Assembly Session upto the first week of November

The 10th Session of the National Assembly is entering its peak discussion phase, addressing 66 major items, including 49 draft laws that will directly impact business operations, compliance obligations and investment planning for 2026 and beyond. Key areas under review include cybersecurity, digital transformation, taxation, construction, planning, and immigration/residency rules for foreign employees—signaling broad and significant regulatory shifts.

• In the area of cybersecurity and data governance, notable proposed amendments include mandatory IP identification, strengthened data protection requirements, upgraded security standards and clearer obligations for digital service providers. These changes will directly affect technology companies, e-commerce platforms, fintech, logistics operators and any business relying on digital infrastructure.

• For tax and finance, the proposed amendments to Personal Income Tax—such as increasing the family deduction—may ease financial pressure on employees while requiring businesses to reassess their payroll structures, compensation strategy and budgeting plans.

• Regarding investment, construction and planning, several important reforms are being considered. These include eliminating the “penalize-then-allow” approach, clarifying the competence for appraising ODA-funded projects, and enhancing transparency in urban and rural planning. Such changes will have direct implications for FDI enterprises, industrial developers, real estate companies, manufacturers and energy projects.

• Policies governing foreign workers are also being revised toward simplification. Proposed changes to visas, temporary residence and digital identification will create a more streamlined environment for companies employing international specialists.

With legal frameworks evolving rapidly across multiple sectors, businesses must proactively monitor developments, assess potential risks and prepare timely compliance strategies to maintain operational stability and competitive advantage.

Access the complete list of laws and full analysis here.

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