Investors opt for a multi-country benchmarking service to identify the most suitable location by comparing key attributes across markets.
Vietnam's tax authorities have identified several transfer pricing (TP) and tax evasion issues over the years. Here's what firms should be aware of to ensure they are compliant.
These Vietnamese provinces received the most foreign direct investment in 2023. Here’s a short overview and why.
The U.S. is debating whether to upgrade Vietnam's non-market economy status to a market economy to support President Biden's aim of fostering a "friend-shoring" relationship and diversifying supply chains away from China, potentially ending high duties on Vietnamese imports.
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Sign Up NowAs Vietnam's seafood exports surge in the early months of 2024, the industry association VASEP targets US$9.5 billion for the year's revenue. Key export markets remain the US, China, Hong Kong, and Japan.
Investors opt for a multi-country benchmarking service to identify the most suitable location by comparing key attributes across markets.
Port infrastructure in Vietnam varies from region to region. Vietnam Briefing highlights and compares port infrastructure in three key economic regions.
Hanoi recorded 73 newly licensed foreign-invested projects with an accumulated foreign direct investment (FDI) intake of over US$1 billion between January and April of 2024.
'Corporate Tax Planning for Businesses in Vietnam in 2024' explains key incentives available, reporting requirements, and preparation for Vietnam's Global Minimum Tax regulations under the BEPS 2.0 Framework.
Compliance with CIT and PIT finalization regulations is crucial for companies and individuals in Vietnam. We discuss reporting requirements and relevant deadlines.
Foreign e-commerce firms selling goods or services in Vietnam are now required to pay foreign contractor tax. Here's what foreign firms should know about this latest development.
In the first week of the new year there were a handful of changes to taxes in Vietnam that foreign firms may need to be aware of. Here’s what they are.
Vietnam’s Ministry of Planning and Investment has released a draft decree outlining an Investment Support Fund to counter the impacts of the Global Minimum Tax. Here are the details.
Vietnam's latest draft decree on sanctions for violations in cybersecurity and data protection targets implementation by June 1, 2024.
The franchising sector in Vietnam benefits from relaxed retail regulations and a dynamic entrepreneurial landscape.
We discuss the legal grounds on which intellectual property rights holders can register opposition to trademark applications in Vietnam.
Vietnam's amended Environment Protection Law (EPL) in 2022 introduced a new “extended producer responsibility” (EPR) policy which places the burden of responsibility to recycle on companies.
Vietnam has introduced comprehensive regulations via Decree 23 on the bidding processes for project implementation and investor selection. It follows the New Bidding Law that came into force beginning of 2024.
As Vietnam's seafood exports surge in the early months of 2024, the industry association VASEP targets US$9.5 billion for the year's revenue. Key export markets remain the US, China, Hong Kong, and Japan.
Dong Nai province, in the southern region, is a prime choice for foreign companies in Vietnam with its strong infrastructure, logistics connectivity, and industrial parks. We profile its key advantages that has made it among the top ranked destinations for FDI in the country across multiple business lines.
We examine Vietnam's imported meat market, including demand growth drivers and regulatory requirements for foreign producers and exporters.
In a new strategy, Vietnam has laid out a range of development targets for the hydrogen industry for the period to 2030 and with a vision to 2050, which will support the country's sustainability and decarbonization goals. The Hydrogen Energy Strategy came into effect on February 7, 2024, and will be of interest to international investors and R&D stakeholders in the energy domain.
Homegrown auto major, VinFast, is establishing a factory in southern India to manufacture electric vehicles, targeting the India, South Asian, Middle East, and African markets. It is testament to Vietnam's rapidly advancing electric vehicle ecosystem and capacity for domestic innovation.
Vietnam has amended certain provisions regarding hiring foreign workers and the issuance of work permits. We provide the details.
Vietnam's labor authority MOLISA has proposed a swap of workdays for the 2024 Reunification Day and International Workers' Day holiday.
A criminal record check certificate (Judicial Record Card) is required for foreign employees when they apply for a work permit in Vietnam.
Vietnam has released a draft decree regulating procedures for the registration of foreigners’ electronic identification.
Global Staffing Solutions is a flexible entry strategy for businesses to test the Vietnamese market without needing to physically set up an operation.
Dezan Shira & Associates is a pan-Asia, multi-disciplinary professional services firm, providing market entry, legal, accounting, tax, HR, technology and operational advisory to international investors.
Asia Briefing publishes articles, magazines, and guides on doing business in Asia. Dezan Shira & Associates has produced the publication since 1999.
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