Vietnam Strengthens Beneficial Ownership Transparency And Updates Enterprise Registration Procedures. 168/2025/ND-CP on enterprise registration (“Decree 168”). On the one hand, Decree 296 facilitates enterprise registration through greater use of government databases and streamlined electronic procedures. Nevertheless, enterprises should undertake an internal review to determine whether their existing beneficial ownership information remains accurate under the amended criteria. For transactional purposes, beneficial ownership analysis should form part of legal due diligence, transaction structuring and post-completion registration planning.