Resolution No. 222/2025/QH15

Plain-English summary

Resolution No. 222/2025/QH15 established the Vietnam International Financial Centre. It was passed on 27 June 2025 and became effective on 1 September 2025. For a foreign professional, employer or investor, its safest use is as the founding instrument in the legal map rather than as a stand-alone answer to every operational question.

The VIFC is one legal entity operating through hubs in Ho Chi Minh City and Da Nang. It is a separate regulatory zone inside Vietnam, applying international financial standards alongside Vietnam’s existing legal system. That description does not mean that the centre sits outside Vietnamese law or that general law can be ignored.

The framework permits IFRS or accepted international reporting. It also includes a one-stop Executive Agency and a specialized VIFC court located in Ho Chi Minh City. These verified institutional features matter, but their complete jurisdiction, mandate and procedures are not supplied.

A reader should use the Resolution to understand why the centre exists and how it is positioned, then move to later instruments for specific tax, labour and immigration questions.

Key provisions for foreign professionals

The first confirmed point is institutional: Resolution No. 222/2025/QH15 established the VIFC. The reviewed official materials do not provide its complete objectives, membership test, regulated activities or provision text.

The second point is the dual-hub structure. Ho Chi Minh City and Da Nang are hubs of one legal entity rather than separate centres. A foreign professional should nevertheless confirm which member organization, activity and location relate to the proposed role.

The third point is the regulatory position. The VIFC is a separate regulatory zone alongside the existing Vietnamese legal system and applies international financial standards. This is not enough to decide hierarchy, conflict, licensing or contract questions.

The fourth point is financial reporting. IFRS or accepted international reporting may be used. The statement does not establish which entities must or may use a particular framework, when a choice begins, or how transition is handled.

The fifth point is institutional access through the one-stop Executive Agency and the specialized VIFC court in Ho Chi Minh City. Their existence should not be expanded into a claim about a particular filing or dispute.

The wider legal map matters. Decree No. 323/2025/ND-CP formalized the legal foundation. Decree No. 324/2025/ND-CP concerns tax. Decree No. 325/2025/ND-CP and Decree No. 327/2025/ND-CP concern labour, entry/exit, and residence mechanics (Decree 325 for employment, Decree 327 for immigration).

What Resolution 222 does not answer on the reviewed official materials

This page cannot use the founding instrument to state detailed eligibility for a work permit, exemption, extended work authorization, UD1 card, UD2 card or permanent residence. Those operational subjects require the later legal instruments and current guidance.

The Resolution should not be used as the direct source for the confirmed personal income tax proposition. Decree No. 324/2025/ND-CP is the tax instrument, while labour and immigration are split between Decree No. 325/2025/ND-CP (labour, employment, social security) and Decree No. 327/2025/ND-CP (entry, exit, residence)..

The reviewed official materials do not provide definitions for member, manager, expert, foreign professional or qualifying income.

No application procedure, form, fee, timeline or filing channel can be stated from the source boundary.

The existence of a specialized court does not answer whether a particular contract or dispute falls within its jurisdiction.

The accepted-reporting statement does not establish a universal reporting obligation or entitlement.

Change-log stub

Current verified baseline: Resolution No. 222/2025/QH15 was passed on 27 June 2025, took effect on 1 September 2025 and established the VIFC as one dual-hub legal entity. The legal map also includes later decrees with distinct functions.

Future reviews should log the instrument checked, publication and effective dates, the point changed and the resulting operational effect. Do not silently replace the baseline with secondary commentary.

Source maintenance remains open.

Decision checklist

Start by identifying the precise decision: centre membership, employment, work authorization, residence, family status, tax, reporting, investment or dispute planning. The founding Resolution supplies context, but each outcome requires its own legal source.

Confirm that the relevant organization is a VIFC member and identify the hub, entity and activity involved.

For employment or relocation, consult the labour and immigration instruments (Decree 325 for employment, Decree 327 for residence) rather than inferring operational rights from Resolution No. 222/2025/QH15.

For a tax position, use Decree No. 324/2025/ND-CP and test the person, employer relationship and income separately. Do not treat the founding Resolution as proof of a tax exemption.

For reporting, obtain the member’s accepted framework and obligations rather than saying simply that IFRS applies.

For an institutional filing or dispute, confirm the Executive Agency’s role and the specialized court’s jurisdiction before choosing a channel.

Record every unresolved point as a verification task and distinguish the verified founding facts from advice about the proposed transaction, hire or move.