Public ID: PID-G5ZLA9

Use of English Common Law principles now adopted in Vietnam’s International Financial Centre

in Vietnam

Trade barrier summary

Following activities funded by the UK government's Ricardo Fund, the Vietnam government now has a dedicated Vietnam International Financial Centre (VIFC) Court applying English Common Law. This provides greater contractual freedom and flexibility in structuring transactions, dispute-resolution mechanisms with high predictability in line with international standards, application of international financial standards and an innovation-friendly legal system that will benefit UK businesses.

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Sectors affected

• Financial and professional services

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Resolved

Yes - February 2026

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Date reported

23 March 2026

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Last updated

28 April 2026

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Public ID

PID-G5ZLA9

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