Regarding some current issues from China, it seems Vietnam will follow suit in the future. Below is an explanation from a finance professional from China about whether domestic enterprises can invest abroad and if so, whether they need to report it.

📜 ORDER 837 FROM THE STATE COUNCIL OF CHINA Event: New legal framework on 'Foreign Investment'. Effective: Starting from 01/07/2026. Major shock: For the first time, 'INDIVIDUALS' are grouped with large enterprises and corporations under management. Message: The state has laid out the legal net. Every move of money out of the borders now has a legal basis to 'blow the whistle'.

🚨 CURRENT AND FUTURE

Current status: CALM!

There is no requirement for 'On July 1, you must immediately declare your investment portfolio'. The new law is just about 'building the framework'; the 'interior' (detailed reporting rules) will be issued by various ministries later.

Future outlook: The state will not passively wait for you to bring your documents to the local office for reporting. They will 'monitor' the flow of money automatically through the system.

🔍 NEW MONITORING LOGIC

Regulators will trace based on 4 key questions:

1. Where is the money for buying this asset coming from?

2. Who is the account holder?

3. After profits/losses, where does the money flow?

4. Are you using tricks to bypass capital controls?

Support tools: Cross-data collection from international tax agreements (CRS/CARF), banking systems, and especially KYC (identification) systems from exchanges/financial platforms.

🎯 WHO WILL BE MOST IMPACTED BY AI?📉 U.S. Stock Farmers: They are in the crosshairs if they funnel domestic money through foreign stock apps.✈️ People living/working abroad: Safe. Legitimate earnings abroad for investment won't be seen as 'capital flight'.🌐 Crypto & Web3 Players: Highest risk. Already sensitive, using stablecoins, trading on DEX/CEX, or chasing RWA... will easily be traced via on-chain data and labeled as 'illegal capital flight'.