The Chairman of the Vietnam Chamber of Commerce and Industry (VCCI), Hồ Sỹ Hùng, has expressed concerns that businesses are struggling with legal risks due to frequent changes in Vietnamese law. Many regulations are being updated or replaced, leaving companies in a difficult position. Businesses find themselves caught between adhering to outdated rules that are no longer valid and facing potential violations for failing to comply with absent replacements. This creates a challenging environment where compliance is complex and uncertain. Hùng highlighted a situation where following old regulations leads to issues, while disregarding them results in accusations of non-compliance. The VCCI chairman’s comments underscore the need for clearer and more timely legal frameworks to support economic development and reduce risk for the business community. This uncertainty impacts investment and overall business confidence.