Economy & Trade

Australia-Vietnam Collaboration on Sustainable Development


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


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


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


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.

An Investor’s Guide to Ba Ria-Vung Tau


Ba Ria-Vung Tau is becoming an increasingly important manufacturing hub in Vietnam with a slew of big firms starting new projects in the province in 2023. Here’s why.

Vietnam-Austria Trade Overview


The EVFTA has changed the face of trade between Vietnam and the European Union. In this article, the Vietnam Briefings considers the specifics of what this has meant for trade between Austria and Vietnam.

Tax & Accounting

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


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


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


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


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


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.

Bookkeeping for Tax Compliance Purposes in Vietnam


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.

Legal & Regulatory

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


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


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


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

Thai Nguyen’s Development Master Plan for 2021 to 2030


Thai Nguyen has become a hive of manufacturing in recent years and is still drawing huge investments from foreign firms. In this light, the Vietnam Briefing takes a look at what key decision-makers have planned for the future of the province.

Vietnam's Amended Law on Credit Institutions Approved


Last week, Vietnam’s National Assembly voted to approve amendments to the Law on Credit Institutions. Here are the details.

Navigating Vietnam’s New Regulations for Films in the Cyberspace


From January 1, 2024, Vietnam's film industry will be subjected to new rules for digital distribution. We break down the essential steps for compliance, covering film ratings, warnings, display rules, and possible penalties.


Domestic EV Major VinFast Gets Ambitious with New India Factory


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


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

Vietnam’s Toy Market: An Overview 2024


In this article the Vietnam Briefing looks at Vietnam's toy market and the challenges and opportunities it presents for foreign firms.

Vietnam’s Pet Food Market for US Firms


The USDA’s Foreign Agricultural Service (FAS) is investing more than US$170,000 to assist US pet food producers to access the Vietnam market. In this light, we look at how this market is developing.

Information Communication Infrastructure Master Plan Approved


The Prime Minister of Vietnam has approved a plan to develop Vietnam’s information and communications infrastructure. Here are the details.

Internet of Things in Vietnam: Opportunities and Challenges


Vietnam's Internet of Things (IoT) market is growing rapidly, with revenue expected to exceed US$13 billion by 2028. In this context, we analyze the opportunities and challenges of foreign investors entering this market in Vietnam.

HR & Payroll

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


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


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


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


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


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


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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