U.S. Commerce Department Initiates Sunset Review of Vietnam Laminated Woven Sacks

U.S. Halts Anti-Dumping Probe into Vietnam Steel Rolls

Is Vietnam a Market Economy? U.S. Considers Status Upgrade

Vietnam Foreign Trade Continues Recovery in 2024

Vietnam’s foreign trade continued to rebound in the first four months of 2024 following a major trade slump recorded in 2023, per GSO data.

Vietnam's Total Foreign Investment Climbs to US$9.27 Billion in Four Months: GSO

Vietnam received an estimated US$6.28 billion in FDI during Jan-April of this year, marking the highest level in the past five years.

UNDP Releases Vietnam PAPI 2023 Report: Progress on Anti-Corruption, E-Governance

In the PAPI 2023 Rankings, Thua Thien-Hue Province in central Vietnam claimed the top spot among 63 localities with 46.04 points. Thai Nguyen and Bac Ninh Provinces secured second and third positions with 45.78 and 45.7 points, respectively.

Corporate Tax Planning for Businesses in Vietnam in 2024 - New Publication from Vietnam Briefing

'Corporate Tax Planning for Businesses in Vietnam in 2024' explains key incentives available, reporting requirements, and preparation for Vietnam's Global Minimum Tax regulations under the BEPS 2.0 Framework.

Vietnam CIT and PIT Finalization for the 2023 Tax Period

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

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.

Franchising in Vietnam: Legal Framework and Registration Requirements

The franchising sector in Vietnam benefits from relaxed retail regulations and a dynamic entrepreneurial landscape.

Understanding How Trademark Opposition Works in Vietnam

We discuss the legal grounds on which intellectual property rights holders can register opposition to trademark applications in Vietnam.

Vietnam’s Extended Producer Responsibility Policy: Company Recycling Obligations

Vietnam's amended Environment Protection Law (EPL) in 2022 introduced a new “extended producer responsibility” (EPR) policy which places the burden of responsibility to recycle on companies.

Vietnam Decree 23 Outlines Bidding Processes for Key Sectors Projects

Vietnam has introduced comprehensive regulations via Decree 23 on the bidding processes for project implementation and investor selection. It follows the New Bidding Law that came into force beginning of 2024.

Vietnam Law on Personal Data Protection: Latest Developments and Insights

Vietnam's proposed Personal Data Protection Law is another significant move toward enhancing data privacy and regulatory streamlining. The law is at the development stage, with the Ministry of Public Security seeking critical feedback.

Vietnam Proposes Regulatory Sandbox for Banking Sector: Draft Decree Guidelines

A new Vietnam Draft Decree proposes a Regulatory Sandbox in the banking sector focused on three solutions, provided either by credit institutions or fintech companies – credit scoring, open application programming interface (API), and P2P lending.

Dong Nai Province, Vietnam: Opportunities in the Leading Industrial Production Hub

Dong Nai province, in the southern region, is a prime choice for foreign companies in Vietnam with its strong infrastructure, logistics connectivity, and industrial parks. We profile its key advantages that has made it among the top ranked destinations for FDI in the country across multiple business lines.

Vietnam’s Imported Meat Market: Growth Drivers and Regulatory Requirements

We examine Vietnam's imported meat market, including demand growth drivers and regulatory requirements for foreign producers and exporters.

Vietnam Adopts Hydrogen Energy Strategy to Boost Energy Transition

In a new strategy, Vietnam has laid out a range of development targets for the hydrogen industry for the period to 2030 and with a vision to 2050, which will support the country's sustainability and decarbonization goals. The Hydrogen Energy Strategy came into effect on February 7, 2024, and will be of interest to international investors and R&D stakeholders in the energy domain.

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

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

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.

Applying for a Vietnam Work Permit: Guidelines for Foreigners and Employers

Vietnam has amended certain provisions regarding hiring foreign workers and the issuance of work permits. We provide the details.

Vietnam Advisory on Swapping of Working Days Around April 30 and May 1, 2024 Holidays

Vietnam's labor authority MOLISA has proposed a swap of workdays for the 2024 Reunification Day and International Workers' Day holiday.

Judicial Record Card in Vietnam: Guide to Obtaining a Police Clearance Check

A criminal record check certificate (Judicial Record Card) is required for foreign employees when they apply for a work permit in Vietnam.

Vietnam Issues Draft Rules on Foreigner’s Electronic Identification Registration

Vietnam has released a draft decree regulating procedures for the registration of foreigners’ electronic identification.

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.