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Vietnam: A Guide to HR in Asia's Next Growth Market

Published: September 2014

In this issue of Vietnam Briefing Magazine, we attempt to clarify human resources (HR) and payroll processes in Vietnam. We first take you through the current trends affecting the HR landscape and then we delve into the process of hiring and paying your employees. We next look at what specific obligations an employer has to their employees. Additionally, we guide you through the often complex system of visas, work permits, and temporary residence cards. Finally, we highlight the benefits of outsourcing your payroll to a “pan-Asia” vendor.


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Developing Your Sourcing Strategy for Vietnam

Published: May 2014

In this issue of Vietnam Briefing Magazine, we attempt to clarify the decision making process involved with moving your sourcing business to Vietnam. We first take you through the important factors to consider when choosing your sourcing partner before outlining the different sourcing models that are available. Additionally, we help you to choose which sourcing model best fits your business by weighing the advantages and disadvantages of each sourcing model.


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A Guide to Understanding Vietnam's VAT

Published: February 2014

In this issue of Vietnam Briefing, we attempt to clarify the entire VAT process by taking you through an introduction as to what VAT is, who and what is liable, and how to pay it properly. We first take you through the basics of VAT in Vietnam before taking you deeper into the topic. Additionally, we provide updates on the new changes to the VAT process and explain how they will impact your business.


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Manufacturing in Vietnam to Sell to ASEAN and China

Published: September 2013

In this issue of Vietnam Briefing Magazine, we introduce our readers to manufacturing in Vietnam as a key part of their business strategy within the ASEAN region and beyond. Specifically, we explain the new ASEAN Free Trade Area, outline what foreign investors can look forward to when creating their manufacturing presence in the country, and introduce the country’s key tax points.


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Re-evaluating Your Vietnam Representative Office

Published: May 2013

This issue of Vietnam Briefing examines ROs - the processes of working with them, and the rationale for either upgrading or closing them. We explain not just how to close up your RO, but also list out the common reasons for doing so. In addition, we include detailed instructions and timelines on how long it takes to upgrade or close up shop. In conclusion, we also summarize how to set up an RO in the country for businesses looking to get started in the market.


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Annual Compliance and Audit

Published: December 2012

In Vietnam, the standard tax year is typically the calendar year, and therefore the deadline for foreign-owned entities to submit audited financial reports to the relevant authorities is March 31. These reports are generally submitted to licensing authorities, as well as the Statistical Office of the city/province where the company is located.


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Human Resources for Foreigners in Vietnam

Published: August 2012

A Vietnamese entity is permitted to recruit foreign workers in order to work as managers, executive directors and experts where local hires are not yet able to meet production and business requirements.


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Vietnam's Provinces, Regions and Key Economic Zones

Published: May 2012

While not a large country in terms of area, Vietnam’s longitudinal breadth and variations in terrain allow the country to utilize its topographical advantages to simultaneously support a wide range of industries.


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100% FOEs, JVs and the Promotion of Supporting Industries

Published: January 2012

For investors looking to make forays into Vietnam, choosing between a wholly foreign-owned enterprise (100% FOE) and a joint venture (JV) can have significant implications, as both have their pros and cons and the permissible establishment details (such as percent of foreign capital contributions) for each varies by sector.


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Vietnam’s International Taxation Agreements

Published: October 2011

As Vietnam increasingly finds itself on the receiving end of foreign investment and becomes progressively integrated into the global economy, the pace of changes to trade and tax policies can be difficult to keep up with.



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