diff --git a/README.md b/README.md
index a62d1db..419c143 100644
--- a/README.md
+++ b/README.md
@@ -114,7 +114,10 @@ are allowed, and a name must not be empty, `.` or `..`.
 
 #### `secret vault select <name>`
 
-Switches to the specified vault for subsequent operations.
+Switches to the specified vault for subsequent operations. When `currentvault`
+is empty or names a vault that does not exist, every command that uses the
+current vault fails with an error that names the file and says to run
+`secret vault select <name>`; `secret vault list` still lists the vaults.
 
 #### `secret vault remove <name> [--force]` / `secret vault rm` ⚠️ 🛑
 
diff --git a/internal/cli/current_vault_test.go b/internal/cli/current_vault_test.go
new file mode 100644
index 0000000..bea7209
--- /dev/null
+++ b/internal/cli/current_vault_test.go
@@ -0,0 +1,59 @@
+package cli_test
+
+import (
+	"bytes"
+	"path/filepath"
+	"strconv"
+	"testing"
+
+	"github.com/spf13/afero"
+	"github.com/spf13/cobra"
+	"github.com/stretchr/testify/assert"
+	"github.com/stretchr/testify/require"
+	"sneak.berlin/go/secret/internal/cli"
+	"sneak.berlin/go/secret/internal/secret"
+	"sneak.berlin/go/secret/internal/vault"
+)
+
+// TestListFailsWhenCurrentVaultDoesNotExist is a regression test for
+// https://git.eeqj.de/sneak/secret/issues/156, where a currentvault file
+// that was empty, or named a vault that does not exist, made `secret list`
+// report an empty vault. Listing must fail with an error that names the
+// file and says to run `secret vault select`, `secret vault list` must
+// still list the vaults, and selecting a vault must make listing work
+// again.
+func TestListFailsWhenCurrentVaultDoesNotExist(t *testing.T) {
+	t.Parallel()
+
+	for _, name := range []string{"", "gone"} {
+		t.Run(strconv.Quote(name), func(t *testing.T) {
+			t.Parallel()
+
+			fs := newTwoVaultFs(t)
+			currentVaultPath := filepath.Join(testStateDir, "currentvault")
+			require.NoError(t, afero.WriteFile(fs, currentVaultPath,
+				[]byte(name), secret.FilePerms))
+
+			c := cli.NewCLIInstanceWithStateDir(fs, testStateDir)
+
+			var out bytes.Buffer
+
+			cmd := &cobra.Command{}
+			cmd.SetOut(&out)
+
+			err := c.ListSecrets(cmd, false, true, "")
+			require.ErrorIs(t, err, vault.ErrVaultNotFound)
+			require.ErrorContains(t, err, currentVaultPath)
+			require.ErrorContains(t, err, "secret vault select")
+			assert.Empty(t, out.String())
+
+			require.NoError(t, c.ListVaults(cmd, false))
+			assert.Equal(t, "Available vaults:\n  default\n  work\n", out.String())
+
+			require.NoError(t, c.SelectVault(cmd, "default"))
+			out.Reset()
+			require.NoError(t, c.ListSecrets(cmd, false, true, ""))
+			assert.Equal(t, "x\n", out.String())
+		})
+	}
+}
diff --git a/internal/cli/secrets_size_test.go b/internal/cli/secrets_size_test.go
index 037a15e..2ea84d2 100644
--- a/internal/cli/secrets_size_test.go
+++ b/internal/cli/secrets_size_test.go
@@ -36,17 +36,11 @@ func newSizeTestVault(t *testing.T) (afero.Fs, *vault.Vault) {
 
 	fs := afero.NewMemMapFs()
 
-	// Create vault
+	// Create vault, which selects it as the current vault
 	_, err := vault.CreateVault(fs, testStateDir, testVaultName,
 		testMnemonicBuffer(t), nil)
 	require.NoError(t, err)
 
-	// Set current vault
-	currentVaultPath := filepath.Join(testStateDir, "currentvault")
-	vaultPath := filepath.Join(testStateDir, "vaults.d", testVaultName)
-	err = afero.WriteFile(fs, currentVaultPath, []byte(vaultPath), 0o600)
-	require.NoError(t, err)
-
 	// Get vault and set up long-term key
 	vlt, err := vault.GetCurrentVault(fs, testStateDir)
 	require.NoError(t, err)
diff --git a/internal/vault/management.go b/internal/vault/management.go
index c3ed373..87341f9 100644
--- a/internal/vault/management.go
+++ b/internal/vault/management.go
@@ -55,7 +55,10 @@ func ValidateVaultName(name string) error {
 }
 
 // ResolveVaultSymlink reads the currentvault file to get the path to the current vault
-// The file contains just the vault name (e.g., "default")
+// The file contains just the vault name (e.g., "default"). An empty or
+// invalid name, or the name of a vault that does not exist, is an error
+// wrapping ErrVaultNotFound that names the file and says to run
+// 'secret vault select <name>'.
 func ResolveVaultSymlink(fs afero.Fs, currentVaultPath string) (string, error) {
 	secret.Debug("resolveVaultSymlink starting", "path", currentVaultPath)
 
@@ -74,6 +77,21 @@ func ResolveVaultSymlink(fs afero.Fs, currentVaultPath string) (string, error) {
 	stateDir := filepath.Dir(currentVaultPath)
 	absolutePath := filepath.Join(stateDir, "vaults.d", vaultName)
 
+	// An empty name would make vaults.d itself the vault's directory
+	exists := false
+	if isValidVaultName(vaultName) {
+		exists, err = afero.DirExists(fs, absolutePath)
+		if err != nil {
+			return "", fmt.Errorf("failed to check if vault exists: %w", err)
+		}
+	}
+
+	if !exists {
+		return "", fmt.Errorf("vault '%s' named in %s %w; run "+
+			"'secret vault select <name>' to select a vault",
+			vaultName, currentVaultPath, ErrVaultNotFound)
+	}
+
 	secret.Debug("Resolved to absolute path", "absolute_path", absolutePath)
 
 	return absolutePath, nil