Beneficial Ownership Regulations in Vietnam: 5 Powerful Truths Foreign Investors Must Face in 2025

Have you once considered using nominee structure to simplify business operations or protect the ultimate beneficial owner?  Now, who owns what is not a mystery anymore in Vietnam! At least, not legally. On June 17, 2025, the National Assembly of Vietnam officially passed amendments to the Law on Enterprises. For the first time, the law introduced beneficial ownership regulations, a binding requirement for companies to identify and disclose their beneficial owners, the individuals who truly own or control a business. This change is part of V…