Vietnam
AI Agent Legal Status: undefined · Autonomy: low
Legal Framework
Vietnam's National Strategy for AI Development (2021-2030) sets ambitious targets for AI adoption across government and industry. However, specific AI regulation remains limited. The government is restrictive on cryptocurrency, with no legal framework for crypto trading. The Cybersecurity Law imposes data localization requirements.
Key Laws & Regulations
- ◆National Strategy for AI Development (2021-2030)
- ◆Cybersecurity Law (2018)
- ◆Law on E-Transactions (2023 revised)
Business Formation
LLC or JSC with foreign investment license. Investment registration and business registration are separate processes.
Tax Implications
Standard CIT rate of 20%. Incentive rates of 10-17% available for technology investments in designated zones.
Opportunities
Young, tech-savvy workforce with competitive costs. Growing startup ecosystem. Government push for AI adoption across public services.
Highlights
Rapidly growing tech sector with strong software development talent. Government AI strategy signals commitment to digital transformation.
Risks & Challenges
Crypto restrictions limit token-based business models. Data localization requirements add compliance burden. Regulatory environment is evolving and uncertain.