Members of Vietnam’s National Assembly on a working visit to Europe this week met with key decision-makers in Portugal. Here’s what they discussed and what trade looks like between Portugal and Vietnam.
It was recently suggested that closer ties between the US and Vietnam could pave the way for Vietnam to host the Olympics. So, is the prospect of Vietnam hosting the world's biggest sporting event realistic? And, if so, how could foreign investors play a role in making it happen?
A master plan for the development of Danang between now and 2030 has been officially approved by the Prime Minister. Here’s what’s on the agenda for Vietnam’s third-biggest city.
Outgoing Dutch Prime Minister, Mark Rutte was in Hanoi last week talking up trade and investment between the Netherlands and Vietnam. Here’s what was achieved in his two-day stopover and how trade and investment are shaping up between these two nations.
The Vietnamese Prime Minister has returned from Saudi Arabia where increasing trade and investment with the wealthy Middle East nation was high on the agenda. Here’s what was discussed.
As the year draws to a close, firms will likely need to perform a stock take. With this in mind, the Vietnam Briefing runs through what firms need to do to ensure their stock take is as simple, quick, and effective as possible.
In the event of an audit, accurate tax records can be crucial in ensuring the process is as smooth and quick as possible. In this article, Vietnam Briefing breaks down the requirements for accounting records in Vietnam.
On the books since 2010, Vietnam’s Environmental Protection Tax has been a key pillar of Vietnam’s transition to a cleaner, greener economy. In this article, we break down the key details foreign investors should know.
Companies engaged in the extraction of natural resources in Vietnam are subject to tax obligations on these resources. Here's what they are.
This edition of Tax, Accounting, and Audit Guide for 2023, produced in collaboration with our tax experts at Dezan Shira & Associates, aims to provide an overview of taxes for businesses and individuals in Vietnam, as well as fundamental accounting and audit information in the Vietnamese business context.
According to Circular No. 13/2020/TT-BTTTT, businesses engaged in software development must follow stipulated procedures to be able to enjoy incentives related to VAT refunds.
Navigating foreign loans in Vietnam demands a nuanced grasp of regulations and key considerations. Here’s a short overview of what foreign firms should know.
An evermore important link in global supply chains, getting goods into, around, and out of Vietnam quickly and easily is becoming increasingly important. In this article, we look at the regulations around investing in logistics services in Vietnam.
Broadly speaking, Vietnam has been averse to importing secondhand goods. However, this may soon change with refurbished goods clauses in several next-generation free trade agreements. Here’s how local regulations on the import of refurbished goods are shaping up with respect to the CPTPP.
The law in Vietnam on e-transactions, issued in March 2006, exhibits some shortcomings concerning modern electronic transactions. Therefore, to promote electronic trade, the National Assembly of Vietnam in June 2023 approved the revised Law on Electronic Transactions. Here’s what this might mean for foreign firms.
New labor and sustainability regulations around the world are reshaping supply chains. Here’s how these regulations may impact foreign firms operating in Vietnam.
Vietnam’s National Data Center Project has been approved by Resolution 175/NQ-CP. This is in line with the growing importance of data collection and storage in Vietnam. Here are the key takeaways.
Vietnam is becoming an increasingly attractive destination for mergers and acquisitions (M&As), and the country’s real estate sector is a major contributor to this trend. Here’s what firms should know about due diligence in real estate M&As.
The Vietnamese film "Tet o lang Dia Nguc" (Hellbound Village) occupied the top spot for weeks in Vietnam on streaming platforms Netflix and K+ Original, proof that Vietnamese films are becoming increasingly popular. This presents myriad investment opportunities for foreign movie makers, investors, and distributors. Here’s where they are.
Vietnam’s dairy sector is experiencing strong sales growth on the back of a middle-class that is expanding by the day. In this article, Vietnam Briefing examines opportunities in the sector for foreign firms but also the hurdles they may face.
As a result of Vietnamese consumers having more money to spend on their healthcare, Vietnam’s pharmaceutical industry is booming. Here’s how Vietnam plans to manage that boom between now and 2030, and where it might be by 2045.
Pandora is establishing a jewelry factory in Vietnam. Here's what foreign jewelry firms can learn from Pandora's experience.
Vietnam Briefing highlights Vietnam’s fast evolving garment and textile industry – its development, growth, and opportunities for investors.
One way to manage a firm’s workforce through peaks and troughs in demand is by utilizing labor outsourcing. In this article, the Vietnam Briefing outlines the conditions for foreign firms with respect to labor outsourcing in Vietnam.
Last week, the Prime Minister of Vietnam approved the National Program for Increasing Labor Productivity to 2030. Here is how Vietnam intends to improve productivity in its workforce.
Vietnam’s General Office of Statistics has released its Q3 2023 labor market and employment update. Here’s what it says about Vietnam’s human resources at the end of September this year.
The gig economy has emerged as a key driver of innovation and change in the way people work in Vietnam. This presents both benefits and challenges for workers and businesses alike. Here’s what foreign firms should know.
The conditions for employing foreign workers in Vietnam have changed. This article highlights the key changes that foreign firms should be aware of.
Starting August 15, 2023, Vietnam has implemented the new e-visa system for all nationalities, in a major boost to the country's tourism and allied sectors.