Amendments to the Law on Entry, Exit, Transit and Residence of
Foreigners will come into effect on July 1, 2020.
Furthermore, a new labor code will come into effect on January
1, 2021, replacing the labor code implemented in 2013.
Immigration Law Amendments
The new law allows in-country change of visa
category in certain circumstances.
There will be some changes to visa categories
as below:
- The LS visa: Issued to foreign
investors in Vietnam and foreign lawyers practicing in
Vietnam.
- The investor visa (DT) and Temporary
Residence Card (DT) will be divided into 4 categories depending on
the investment amount of the company in Vietnam. The visa or
temporary residence card duration will vary between 1 to 10 years
depending on the investment amount. However, dependents of foreign
investors will be granted a visa or temporary residence card with a
maximum of 3 years duration, renewable.
