Vietnam: Contracts and Commercial Law

Vietnam's Decree No. 186/2026/ND-CP introduces sweeping reforms to the country's administrative IP enforcement framework, eliminating longstanding procedural bottlenecks and expanding enforcement jurisdiction. The decree removes notarization requirements for powers of attorney, extends the Market Surveillance Agency's authority to service businesses, and introduces domain name blocking as a remedy for online infringement, fundamentally reshaping how IP rights holders can protect their interests in Vietnam.

Vietnam's economic trajectory has been one of resilience and transformation over the past decade. The country has sustained its momentum and remains a key destination for foreign investors.

In many cases, the principal in the contract manufacturing relationship owns some or all of the raw materials, work-in-process and finished goods throughout the manufacturing process.