Foreign-invested companies in Vietnam are increasingly under pressure from rising operational costs, tighter regulatory enforcement, and weakening global demand. While some seek to restructure, others are planning an orderly exit. Vietnam provides legally defined pathways for both recovery and liquidation, but these are governed by domestic laws that require close navigation and local expertise.
Corporate insolvency is primarily regulated under the Law on Bankruptcy No. 51/2014/QH13, which outlines procedures for both recovery and liquidation through the People’s Court, supported by court-appointed asset managers. Solvent companies may exit through voluntary dissolution under…