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Vietnam's new Decree No. 255/2026/ND-CP fundamentally transforms the country's transfer pricing landscape by expanding related-party definitions, strengthening documentation requirements, and aligning with OECD BEPS standards. How will these changes affect multinational enterprises and foreign-invested companies operating in Vietnam, and what steps should businesses take to ensure compliance before the 2026 implementation date?

Vietnam has taken a significant step toward implementing the Ninh Thuan 2 Nuclear Power Project, with Deputy Prime Minister Phạm Gia Túc chairing a high-level government meeting to accelerate the legal framework and administrative procedures. The State Appraisal Council has completed its assessment, recommending restructuring the program into three independent projects, while special legal and investment mechanisms are being developed to facilitate this strategically important energy infrastructu

Vietnam's government has taken decisive steps to advance the Ninh Thuan 2 nuclear power plant project, with Deputy Prime Minister Phạm Gia Túc directing authorities to complete the legal framework and administrative procedures. The State Appraisal Council has recommended restructuring the program into three independent projects, while special legal and investment mechanisms are being developed to accelerate implementation of this strategically vital $22 billion energy infrastructure initiative.