In 2025, turning 11 years old, Legal Initiatives for Vietnam (LIV) faced a major challenge, yet also discovered an unprecedented sense of momentum.
FINANCIALS
The US government’s abrupt funding freeze in January 2025 threw LIV into serious jeopardy. With much of our major US government funding coming indirectly through intermediary international organizations, we had originally projected financial stability through at least the end of 2026. Instead, we were forced into austerity mode right at the start of 2025 as over $300,000 in grants earmarked for 2025 and 2026 vanished overnight.
Salaries were reduced for almost all mid-level managers and above. Honorariums for contributors were discontinued. We relocated to a smaller office and slashed all non-essential expenses. Towards the end of the year, a persistent shortfall in funds left us with no choice but to prematurely terminate contracts with several managerial staff members.
Thanks to the generous support of our readers, alongside revenue from content operations and a few new grants, LIV managed to absorb part of the blow and stabilize our budget through at least June 2026.
Given our current revenue projections from both business activities and funding, we remain optimistic about weathering the rest of the year, targeting an estimated income of around $350,000.
To address readers’ questions on foreign funding: we want to reiterate that receiving grants from governments and international organizations is a standard, legitimate, and legal practice for non-profits worldwide, including civic organizations (and state agencies) in Vietnam. LIV accepts no funding from political parties, religious bodies, or special interest groups that could compromise our independence. Nor do we ever permit any donor to dictate what we write or demand the removal of any article.
In truth, LIV had long prepared for the day funding might dry up, because we know no grant lasts forever. Early in 2022, three years before the US government cuts hit, we had already begun pivoting toward a content-based business model. Though the plug was pulled sooner than anticipated, we can take confidence in knowing LIV is not at risk of shutting its doors: we generate meaningful, steady revenue from our readers and commercial operations to keep us standing strong.
Through these hardships, the team’s spirit has only grown resilient. We have pitched and launched a series of new commercial initiatives, as highlighted below.
LUẬT KHOA MAGAZINE
Our flagship project, Luật Khoa Magazine, continued to make dramatic strides in both quality and reach. In 2025, alongside our traditional analytical and commentary pieces, we experimented with an Opinion section, investigative reporting, and data journalism. Notably, we launched a daily news roundup in December. The results surpassed our wildest expectations:
- News : 104 pieces
- Magazine: 463 articles
- Pageviews: 3.6 million (up from 1.3 million in 2024)
- Unique Visitors: 1.8 million (up from 687,000 in 2024)
Top 10 Most-Read Magazine Articles of the Year:
- When 86% of Total Assets Are Liabilities: How Is Vingroup Really Doing? (Thiên Lương – 97.860 views)
- The ‘Hoàng Xuân Chiến Scandal’ Tests Vietnam’s ‘Bamboo Diplomacy’ (Nguyễn Hưng Bình – 74.823 views)
- Could the Hanoi Convention Be Used to Extradite Lê Trung Khoa and Nguyễn Văn Đài? (Ngọc Mai – 68.579 views)
- Hanoi Prepares to Ban Gas-Powered Motorbikes: Why You Might Want a Broomstick Instead (Chân Nhồi Bông – 43.564 views)
- The Vingroup vs. Lê Trung Khoa Feud: Who Wins, Who Loses, and How to Make Sense of It? (Đan Thanh – views)
- Drafting a Citizen Credit-Scoring Law Without Waiting for the National Assembly: Is the Ministry of Public Security Acting Unconstitutionally? (Trường An – 33.635 views)
- Who Will Shoulder the $49.1 Billion Debt for the High-Speed Railway Project? (Thiên Lương – 31.242 views)
- Can Seniors Actually Survive on Current Pensions? (Hiếu Mạnh – 26.680 views)
- Two Gold Star Orders and One Big Question Mark (Bình An – 25.278 views)
- Raising the Retirement Age to 65 for Economic Growth: A Masterstroke or a Misstep? (Lê Đạt – 24.072 views)
12 Monthly Issues
On the final Thursday of every month, Luật Khoa releases a special monthly issue in both PDF and EPUB formats, available exclusively to our paid subscribers.

THE VIETNAMESE MAGAZINE
As the English edition of Luật Khoa Magazine, The Vietnamese Magazine made massive strides in 2025, cementing its status as the only independent English-language news outlet covering Vietnam today.
- Published Articles: 323 (up from 137 in 2024)
- Pageviews: 177,000 (up from 117,000 in 2024)
- Unique Visitors: 107,000 (up from 59,000 in 2024)
Through the end of 2025, The Vietnamese remained completely free to read before introducing a paywall in 2026.

10 Most-Read Articles of the Year:
- Inside the Vạn Thịnh Phát Scandal: Trương Mỹ Lan’s Rise and Fall (Hiếu Mạnh – 1.859 views)
- A Debt-Driven Empire: Vingroup Operates with 86% of Assets on Loan (Thiên Lương – 1.834 views)
- In Cold Blood: Analyzing Recent Murder Statistics in Vietnam (Trần Phương – 1.545 views)
- Vietnam Appoints 32 Deputy Ministers Across 10 Ministries; The Communist Magazine has a New Editor-in-Chief (Huỳnh Kha – 1.210 views)
- Fifty Years After the End of the War, Vietnam is Still Seeking Reconciliation (Jacopo Romanelli, Mai Nguyễn – views)
- Vietnam’s Political Landscape After Mergers and Restructuring (Huỳnh Kha – 905 views)
- Vietnam’s Aggressive Pursuit of Nguyễn Thị Thanh Nhàn (Lê Giang – 886 views)
- Massive Data Breach: 160 Million Vietnamese Credit Records Stolen in CIC Hack (The Vietnamese Magazine – 635 views)
- Sweeping Reforms: Vietnam’s Ministry of Public Security Absorbs Key Functions (The Vietnamese Magazine – 557 views)
- The Silent Passing of Tulku Hungkar Dorje: A Call for Transparency and Justice (Quynh-Vi Tran – 540 views)
LIV’S VIDEO CHANNELS
In an era dominated by video content, Luat Khoa’s video channels continued to lead as top-tier outlets for Vietnamese-language political commentary and analysis.
In 2025, we overhauled our broadcast strategy. Our flagship channel, Luật Khoa Tạp Chí, shifted focus toward documentary-style videos rather than general coverage. Towards the end of the year, we launched two dedicated channels – Luật Khoa Clips and Trịnh Hữu Long – to deliver specialized news coverage and commentary.
Views:
- Luật Khoa tạp chí: 12,513,769 (up from 6.6 million in 2024)
- Trịnh Hữu Long: 185,286
Watch Time (Hours):
- Luật Khoa: 988,741 (up from 425,900 in 2024 )
- Trịnh Hữu Long: 14,215
New Subscribers:
- Luật Khoa: 66,995 (up from 37,300 in 2024 )
- Trịnh Hữu Long: 3,523

10 Most-Watched Videos:
- Re-education Camps After April 30, 1975: Reform or Exile?
- 3 Reasons Behind Decree 168
- Decree 168 Unpacked: How to Deal with an Unlawful Regulation
- The Untold Tragedy of the Post-April 30 Boat People
- 5 Sensitive Cultural Nuances Northerners Should Know About the South
- The New Decree on Traffic Violation Fines
- The Youth Union, Women’s Union, and Veterans Association: Why Do These Organizations Exist?
- Rethinking the Fate of Vietnamese Civil Servants
- How the North Burned Southern Books
- Land Reform: How Hồ Chí Minh Could Have Saved Cát Hanh Long – But Didn’t
THE 1975 PROJECT
The year 2025 marked the 50th anniversary of April 30, 1975 – a watershed moment with enduring impacts on Vietnam’s history and national identity. To mark the occasion, we spearheaded three key initiatives:
- The 1975 Project: Launched at 1975.luatkhoa.com, this dedicated feature revisits the historic events of 1975 through political, personal, and cultural lenses.
- The 1975 Internship Program: Launched on April 30, 2025, this initiative targets young overseas Vietnamese. It aims to reconnect the next generation with their roots, foster identity awareness, and build meaningful cross-border communities to help shape a freer, more just Vietnam.
- 70th Anniversary Special Issue of the Republic of Vietnam (Oct 26, 1955): Released in late October under the theme “Portraits & Legacy,” this special edition spotlighted key chapters from a regime now written into history.

Key Metrics:
- Published Articles: 111
- Pageviews: 50,284
- Unique Visitors: 23,285
- Reader Donations: $10,385
CONTENT BUSINESS & MONETIZATION
In our fourth year of commercial operations and third year running a paid subscription model, Luật Khoa is building a firmer foundation for long-term financial sustainability. The sudden cutoff of US government grants in early 2025 pushed us to double down on our media business model. We view commercial viability not just as our only realistic path to survival, but as the single best way for independent journalism to put down deep roots among its audience.
This year, Luật Khoa Magazine maintained its subscription rate at $2/month, roughly the price of a bowl of pho, keeping it affordable even for students. Readers looking to offer extra support can opt for a $5/month tier.
We also shifted our monetization model from a strict “hard paywall” to a “metered paywall.” Readers can now access a set number of free articles every month regardless of the topic before hitting a paywall, replacing the old system where selected stories were locked behind a paywall from the start. Our Breaking News section remains completely free.
Even with a subscription model in place, over half of our content remains freely accessible, and Luật Khoa continues to operate as a non-profit organization.
We continued to receive media business development training this year from the US-based Media Development Investment Fund (MDIF).

Year-End Business Metrics:
- 41,836: Total registered accounts across free and paid tiers (up from 17,890 in 2024).
- 1,050: Total paid subscribers (up from 901 in 2024).
- 1,522: Total financial supporters, including paid subscribers and recurring donors (up from 1,106 in 2024).
- $2,703: Monthly recurring revenue from subscribers (up from $1,917 in 2024).
- $1,123: Monthly donations via Donorbox and PayPal (up from $800 in 2024).
- $1,980: Total raised through our Gift Subscription Program, granting 1-year subscriptions to 99 students.
CO-FOUNDER PHẠM ĐOAN TRANG MARKS 5 YEARS IN PRISON

Our co-founder and editor – journalist Phạm Đoan Trang – has now spent five full years behind bars. Barring any changes, she faces four more years in prison to serve out her sentence.
In November 2025, PEN Sweden honored Đoan Trang with the Tucholsky Prize for persecuted writers.
As we have stated repeatedly, imprisoning Phạm Đoan Trang on charges of “anti-state propaganda” is fundamentally unjust – violating both the Vietnamese Constitution and the international human rights treaties Vietnam has signed and ratified. We continue to call on the government to release her immediately and unconditionally to a destination of her choice.
| If you would like to write to Đoan Trang, letters can be sent to: An Phước Prison, An Thái Commune, Phú Giáo District, Bình Dương Province, Vietnam. |
OUR TEAM
The year 2025 brought major organizational shifts, marked by the election of a new Board of Directors and key leadership appointments.
- Executive Director: Effective February 2, 2025, Trịnh Hữu Long – Editor-in-Chief of Luật Khoa Magazine – assumed the role of Interim Executive Director following the resignation of Trần Quỳnh Vi. He officially stepped into the role of Executive Director on January 1, 2026.
- Taiwan Office Director: On April 28, 2025, LIV appointed Trần Quỳnh Vi as Director of the Taiwan Office. She continues to serve as Managing Editor of The Vietnamese Magazine.
- Hội đồng Quản trị mới: New Board of Directors: On June 6, 2025, LIV seated a new Board of Directors comprising journalist Vũ Quí Hạo Nhiên, legal scholar Dr. Nguyễn Quốc Tấn Trung, journalist Paul Mooney, journalist Trần Quỳnh Vi, and journalist Trịnh Hữu Long. Board members serve three-year terms.

OTHER HIGHLIGHTS
- Brand Refresh After 10+ Years: In August 2025, Luật Khoa Magazine bade farewell to its signature earthy brown tone, unveiling a fresh new look centered on deep ocean blue.
- Handbook on Citizen Engagement in Lawmaking: Released on January 24, 2025, this guide demystifies the legislative process and offers practical ways for everyday citizens to participate effectively.
- Human Rights Impact Assessment of Facebook in Vietnam: Published in partnership with Article 19 and CLARITI, this report was co-authored by Hoàng Minh Trang, H’ Biap Krong, and Trịnh Hữu Long.
- Global Speaking Engagements & Events: LIV hosted and contributed as speakers at numerous events, including hostings at National Chengchi University (NCCU), Ming Chuan University (MCU), New Bloom Magazine, the Foreign Correspondents’ Club of Thailand (FCCT), RightsCon (Taiwan), DRAPAC (Malaysia), and the Internet Governance Forum (IGF, Norway).
- Oral History Video Series with Post Bellum: Partnering with the Czech organization Post Bellum, LIV produced a series of video interviews featuring Vietnamese activists, titled “A Vietnam Worth Living In”.
- Press Freedom Campaigns: LIV joined global calls demanding the release of imprisoned journalists Phạm Đoan Trang (Vietnam), Zhang Zhan (China), and Jimmy Lai (Hong Kong), while advocating for the protection of journalists at RFA and VOA, as well as press corps operating in Palestine.
- Joined the Thomson Reuters’ TrustLaw Network: In June 2025, LIV was accepted into the Thomson Reuters Foundation network, granting us pro bono legal assistance from a global network of legal professionals.
- Nominated for the RSF Press Freedom Prize: In October 2025, Reporters Without Borders (RSF) shortlisted Luật Khoa Magazine as a nominee in the Impact category for its prestigious annual press freedom awards.
- Platform Migration (Back to WordPress): In April 2025, after over two years on Ghost CMS, LIV migrated back to WordPress to gain greater technical flexibility and optimize both user experience and content delivery.
WHAT’S AHEAD IN 2026?
The year 2026 marks a critical turning point – one that will decide LIV’s long-term survival and business model. Every priority on our roadmap centers on building sustainable revenue streams while staying true to our mission of independent journalism.
- Breaking News: Building on the successful trial run in December 2025, LIV is doubling down on news operations with the goal of becoming Vietnam’s most trusted political newsroom.
- The Vietnamese Magazine Paywall: After providing free access for over eight years, our English-language outlet will transition to a paid subscription model starting in February 2026.
- Multimedia Expansion: Building on three years of strong video performance, LIV will expand production across both documentary content and daily news coverage.
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