Corporate Governance Update Vietnam
Vietnam has adopted significant amendments to its anti-corruption and administrative accountability framework that may indirectly affect EU-invested enterprises operating in the country. Law No. 132/2025/QH15, amending the Law on Anti-Corruption (“Law 132”), and Law No. 136/2025/QH15, amending the Law on Citizen Reception, the Law on Complaints and the Law on Denunciations (“Law 136”), will take effect on 1 July 2026. While both laws primarily target Vietnamese public authorities and officials, the revised framework is likely to increase compliance expectations and regulatory scrutiny for foreign-invested enterprises as well.
SNB has been operating compliance hotlines for clients for many years. If you consider to set up a hotline mechanism in Vietnam, please let us know.