Australia and Vietnam are collaborating in a number of ways on green and sustainable development. Here’s what that looks like.
Vietnam’s central bank has signed a memorandum of understanding to develop its cross-border payments service system with five other ASEAN member countries.
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 two-way trade in January hit US$65.43. This article breaks down where its imports came from and where its exports went.
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.
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.
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.
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.
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.
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.
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.
The 2024 amended Land Law in Vietnam brings significant changes to land valuation, rent payments, land use terms, and dispute resolution mechanisms.
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.
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 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.
Last week, Vietnam’s National Assembly voted to approve amendments to the Law on Credit Institutions. Here are the details.
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.
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.
The edible oil market in Vietnam is growing rapidly. In this light, we analyze the opportunities for foreign investors.
In this article the Vietnam Briefing looks at Vietnam's toy market and the challenges and opportunities it presents for foreign 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.
The Prime Minister of Vietnam has approved a plan to develop Vietnam’s information and communications infrastructure. Here are the details.
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.
Global Staffing Solutions is a flexible entry strategy for businesses to test the Vietnamese market without needing to physically set up an operation.
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.
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.
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.
The General Office of Statistics has released a summary of the development of Vietnam’s labor market in 2023. Here’s what it says.
Vietnam Briefing offers a basic understanding of the Vietnamese New Year or Tet including customary practices that businesses should be aware of.