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Economy & Trade

Vietnam’s 2024 FDI Landscape Poised to See Robust Growth

03/14/2024

Vietnam's FDI landscape in 2024 is poised for robust expansion, with several opportunities in the technology, renewable energy, healthcare, banking, and real estate sectors.

Australia Upgrades Relationship with Vietnam to a Comprehensive Strategic Partnership

03/08/2024

Australia and Vietnam have elevated their bilateral relationship to a comprehensive strategic partnership, improving scope for economic engagement in frontier sectors like climate technology, renewables, and minerals.

Australia-Vietnam Collaboration on Sustainable Development

02/28/2024

Australia and Vietnam are collaborating in a number of ways on green and sustainable development. Here’s what that looks like.

Vietnam's Cross-Border Payments Infrastructure and ASEAN

02/27/2024

Vietnam’s central bank has signed a memorandum of understanding to develop its cross-border payments service system with five other ASEAN member countries.

Vietnam-Sweden Trade Overview

02/26/2024

The EVFTA has changed the face of trade between Vietnam and the European Union. In this article, the Vietnam Briefing considers the specifics of what this has meant for trade between EU member Sweden and Vietnam.

Vietnam’s January Two-Way Trade Tops US$65.43 Billion

02/23/2024

Vietnam’s two-way trade in January hit US$65.43. This article breaks down where its imports came from and where its exports went.

Tax & Accounting

Vietnam CIT and PIT Finalization for the 2023 Tax Period

03/13/2024

Compliance with CIT and PIT finalization regulations is crucial for companies and individuals in Vietnam. We discuss reporting requirements and relevant deadlines.

Taxes for Foreign E-commerce Firms Earning an Income in Vietnam

02/14/2024

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.

Vietnam Tax Updates for the New Year 2024

01/05/2024

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.

Draft Global Minimum Tax Support Fund Unveiled

01/02/2024

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.

Tax Update: Global Minimum Tax, VAT Tax Reduction Confirmed for 2024

11/30/2023

In a busy week at Vietnam’s National Assembly, a VAT tax reduction has been approved alongside a top-up tax in response to the OECD Global Minimum Tax initiative. Here’s the details.

Completing an Effective Stock Take in Vietnam

11/28/2023

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.

Legal & Regulatory

Vietnam Issues Decree 10/2024/ND-CP to Attract More High-Tech Investments

03/14/2024

Effective from March 25, 2024, Decree 10/2024/ND-CP aims to streamline processes and increase support for investors of high-tech parks and high-tech business activities in Vietnam.

Vietnam’s New Real Estate Business Law

03/11/2024

Starting January 1, 2025, Vietnam's new Real Estate Business Law aims to widen foreign participation in the sector and enhance transparency and regulatory oversight.

Vietnam Housing Law: Draft Decree Guidelines on Foreign Property Ownership

03/06/2024

Vietnam’s Ministry of Construction has released a draft decree to guide the implementation of the country’s amended Housing Law, which will come into force on January 1, 2025.

Vietnam’s 2024 Land Law: Significant Amendments and Key Changes

02/13/2024

The 2024 amended Land Law in Vietnam brings significant changes to land valuation, rent payments, land use terms, and dispute resolution mechanisms.

Settling Business Disputes: Commercial Arbitration in Vietnam

02/12/2024

Vietnamese law permits the inclusion of dispute resolution clauses in commercial contracts through the Commercial Arbitration Law of 2010. Here's a breakdown of key provisions of the law and what foreign firms should pay attention to.

How to Register a Trademark in Vietnam

02/09/2024

Intellectual property can be crucial to a firm's success. Here's what foreign firms need to know about registering trademarks in Vietnam.

Industries

Vietnam’s 5G Spectrum Auction: Telecom Companies Enter Bidding Race for Spectrum Licenses

03/18/2024

Vietnam has opened its long-awaited 5G spectrum auctions in March to all telecom companies for license to operate multiple band blocs.

Vietnam Issues Decree 10/2024/ND-CP to Attract More High-Tech Investments

03/14/2024

Effective from March 25, 2024, Decree 10/2024/ND-CP aims to streamline processes and increase support for investors of high-tech parks and high-tech business activities in Vietnam.

Vietnam’s New Real Estate Business Law

03/11/2024

Starting January 1, 2025, Vietnam's new Real Estate Business Law aims to widen foreign participation in the sector and enhance transparency and regulatory oversight.

Vietnam’s Digital Infrastructure Master Plan to 2030: Roadmap to a High-Tech Future

03/04/2024

Investors seeking to capitalize on Vietnam’s expanding digital infrastructure are advised to align their products and services with the Master Plan, and likely benefit from government support.

Domestic EV Major VinFast Gets Ambitious with New India Factory

02/29/2024

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 Edible Oil Market for Foreign Firms

02/20/2024

The edible oil market in Vietnam is growing rapidly. In this light, we analyze the opportunities for foreign investors.

HR & Payroll

Planning for Uncertainty: Global Staffing Solutions to Facilitate Your Vietnam Market Entry

02/21/2024

Global Staffing Solutions is a flexible entry strategy for businesses to test the Vietnamese market without needing to physically set up an operation.

Recruitment Strategies for Foreign Manufacturers in Vietnam

02/16/2024

Finding and recruiting staff in Vietnam can be difficult. Knowing a few key strategies, however, can help firms find and recruit high-quality candidates to continue to grow their business.

German-Vietnamese Cooperation on the Exchange of Skilled Workers

01/29/2024

A German delegation visit to Vietnam from January 23-24 highlighted prospects for bilateral cooperation in developing Vietnamese skill labor. We discuss key points raised during the visit, including challenges and business growth opportunities.

Vietnam Labor Federation Proposes Cut to Weekly Working Hours

01/16/2024

The Vietnam Labor Federation has proposed reducing the maximum number of working hours in Vietnam to under 48 hours a week. Here are the details.

General Office of Statistics Releases 2023 Labor Market Summary

01/03/2024

The General Office of Statistics has released a summary of the development of Vietnam’s labor market in 2023. Here’s what it says.

Vietnamese New Year 2024: How to Prepare Your Business

12/27/2023

Vietnam Briefing offers a basic understanding of the Vietnamese New Year or Tet including customary practices that businesses should be aware of.

Our firm Dezan Shira & Associates provides legal, tax and operational advisory across Asia.
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