Choosing the Right Location for Your Business in the Asian Market

Economy & Trade

Investors opt for a multi-country benchmarking service to identify the most suitable location by comparing key attributes across markets.

Tax & Accounting

Common Transfer Pricing Issues and How to Rectify Them

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.

Economy & Trade

Top 6 FDI Locations in Vietnam in 2023 and Why

These Vietnamese provinces received the most foreign direct investment in 2023. Here’s a short overview and why.

Economy & Trade

Is Vietnam a Market Economy? U.S. Considers Status Upgrade

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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Economy & Trade

Economy & Trade

Vietnam Seafood Exports Soar in Q1 2024, Sets Annual Target at US$9.5bn

May 21

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.

 

Tax & Accounting

Tax & Accounting

Corporate Tax Planning for Businesses in Vietnam in 2024 - New Publication from Vietnam Briefing

Mar 22

'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.

 

Legal & Regulatory

Legal & Regulatory

Vietnam’s Latest Draft Decree on Sanctions for Cybersecurity Violations

May 20

Vietnam's latest draft decree on sanctions for violations in cybersecurity and data protection targets implementation by June 1, 2024.

Industries

Industries

Vietnam Seafood Exports Soar in Q1 2024, Sets Annual Target at US$9.5bn

May 21

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, Vietnam: Opportunities in the Leading Industrial Production Hub

    Industries May 06

    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.

  • Vietnam’s Imported Meat Market: Growth Drivers and Regulatory Requirements

    Industries Apr 30

    We examine Vietnam's imported meat market, including demand growth drivers and regulatory requirements for foreign producers and exporters.

  • Vietnam Adopts Hydrogen Energy Strategy to Boost Energy Transition

    Industries Apr 10

    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.

  • Domestic EV Major VinFast Gets Ambitious with New India Factory

    Industries Mar 29

    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.

 

HR & Payroll

HR & Payroll

Applying for a Vietnam Work Permit: Guidelines for Foreigners and Employers

May 13

Vietnam has amended certain provisions regarding hiring foreign workers and the issuance of work permits. We provide the details.

 

Expert Guidance about Business in Asia

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.

Business Updates for All Asia Markets

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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