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Economy & Trade

Vietnam’s Trade Performance in 2024: How to Read the Data

01/16/2025

Vietnam's trade performance in 2024 sees more firms investing in the country as a China+1 production base amid global economic challenges. Vietnam became China’s third-largest export destination for the first time last year showing a rise in its strategic value.

Vietnam’s Economic Outlook for 2025: Push for Digitalization and Sustainability

01/14/2025

Vietnam’s economy enters 2025 on a strong note, having exceeded all socio-economic targets set by the National Assembly, with GDP growth surpassing 7 percent in 2024. We highlight the key industries in Vietnam that will attract investors, along with the dual efforts to advance the digital economy and accelerate the green transition across all sectors.

Vietnam Proposes Major Government Restructuring to Streamline Bureaucracy

01/13/2025

The Vietnam government is restructuring to ensure greater efficiency across its bureaucracy by reducing the number of ministries and agencies to 22 and addressing existing overlaps in public administration.

An Introduction to Doing Business in Vietnam 2025 – New Publication Out Now

01/13/2025

This 2025 edition of An Introduction to Doing Business in Vietnam offers essential insights for companies aiming to establish or expand their business presence in this rapidly evolving market.

Vietnam's Economic Report Card for 2024: GDP, Trade, FDI

01/08/2025

Vietnam's 2024 economic performance was driven by robust GDP growth led by the trade, agriculture, industry, and services sectors.

Hanoi Master Plan 2045-2065: Major Goals and Investment Prospects

01/07/2025

With ambitious adjustments to its 2045-2065 Master Plan alongside the Capital Region Transport Master Plan 2030–2050, Hanoi aims to be a leading urban hub in Southeast Asia and beyond. The city's authorities plan to balance infrastructure modernization with sustainability, establishing the Hanoi metropolis as a model for global connectivity and green development.

Tax & Accounting

Vietnam’s New VAT Law: Key Compliance Guidance

01/09/2025

We examine the implications of Vietnam's new Value Added Tax (VAT) Law, set to take effect on July 1, 2025, which introduces significant changes to the country's VAT regulations.

An Overview of Vietnam’s Environmental Protection Tax in 2025

01/03/2025

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.

Q&A: Personal Income Tax Finalization in Vietnam

12/19/2024

We touch on some frequently asked questions on the personal income tax (PIT) finalization obligations of employers and employees in Vietnam, including deadlines.

Vietnam’s Draft Excise Tax Law: Implications for Stakeholders

12/12/2024

Vietnam's draft excise tax law introduces new bases for calculating the special consumption tax and will impact new goods and services.

Vietnam’s 2024 VAT Law: Key Provisions and Changes to the VAT Regime

12/11/2024

Vietnam’s 2024 Law on Value-added Tax (VAT) will take effect from July 1, 2025 and the 2% reduced VAT regime is extended till end June 2025.

Vietnam Government Extends 2% VAT Reduction on Specific Goods and Services till End of June 2025

12/02/2024

The Vietnam government has agreed to extend the 2 percent VAT reduction on specific goods and services till the end of June 2025.

Legal & Regulatory

Decree 163 Implementation: Shaping Vietnam’s Telecom Industry in 2025

01/08/2025

Vietnam's Decree 163 provides clear guidance on emerging services like data centers, cloud computing, and OTT telecom services, effective January 1, 2025. Its provisions strengthen the implementation of the 2024 Telecommunications Law.

Vietnam’s New Trade Union Law: Key Changes and Foreign Workers’ Rights

01/03/2025

We examine Vietnam’s New Trade Union Law, which will come into force from July 1, 2025, and is expected to bring about notable changes to protect the rights of foreign workers in Vietnam.

Vietnam National Assembly Approves Law on Data

01/02/2025

On November 30, 2024, the Vietnamese government approved the new Law on Data, to come into effect July 1, 2025.

Vietnam Updates Criteria for High-Tech Investment Projects

01/01/2025

This article examines the latest criteria for high-tech investment projects in Vietnam, as outlined in Circular 08/2024/TT-BKHCN, which took effect on December 23, 2024.

Vietnam Announces Master Plan on Coastal Resources: Focus on Sustainable Exploitation and Usage

12/31/2024

Vietnam’s new master plan on coastal resources outlines a vision to transform coastal areas into economic and cultural hubs by 2050, focusing on sustainability, renewable energy, eco-tourism, and marine biotechnology.

Vietnam’s New Electricity Law: Legal Framework for Renewable Energy Development

12/27/2024

We explore Vietnam’s new Electricity Law, which will be effective from February 1, 2025 with focus on support clean energy development.

Industries

HCMC Metro Planning and Transit-Oriented Development: Opportunities for Foreign Investment

01/21/2025

Ho Chi Minh City is addressing worsening traffic congestion through metro planning, creating essential infrastructure for sustainable urban growth and attractive opportunities for private investors.

Vietnam Manufacturing Tracker

01/16/2025

This Vietnam Manufacturing Tracker offers the latest data, insights, and policy updates to keep foreign investors and analysts informed about the industry. It was last updated January 2025.

Decree 163 Implementation: Shaping Vietnam’s Telecom Industry in 2025

01/08/2025

Vietnam's Decree 163 provides clear guidance on emerging services like data centers, cloud computing, and OTT telecom services, effective January 1, 2025. Its provisions strengthen the implementation of the 2024 Telecommunications Law.

Vietnam Updates Criteria for High-Tech Investment Projects

01/01/2025

This article examines the latest criteria for high-tech investment projects in Vietnam, as outlined in Circular 08/2024/TT-BKHCN, which took effect on December 23, 2024.

Future of Internet in Vietnam: Insights into SpaceX's Potential Starlink Expansion

12/27/2024

Vietnam is poised for a major digital transformation with the anticipated launch of SpaceX's Starlink satellite internet services.

Vietnam's Gaming Industry in 2024: Robust Growth and Emerging Opportunities

12/25/2024

Vietnam's gaming industry experienced significant growth in 2024, fueled by mobile gaming, esports, and government support. We look into the remarkable growth of Vietnam's gaming industry in 2024 and its emerging investment opportunities.

HR & Payroll

Commuting During Tet: Strategies for Businesses in Vietnam

01/20/2025

With Tet approaching, businesses in Vietnam are urged to adopt strategies to navigate severe traffic congestion in major cities like Hanoi and Ho Chi Minh City as authorities work to alleviate gridlocks.

Vietnam’s New Trade Union Law: Key Changes and Foreign Workers’ Rights

01/03/2025

We examine Vietnam’s New Trade Union Law, which will come into force from July 1, 2025, and is expected to bring about notable changes to protect the rights of foreign workers in Vietnam.

Working in Vietnam as an Expat: A Quick Guide

12/24/2024

Thinking about moving to Vietnam? Here's a quick guide to get you started living and working in this booming Southeast Asian nation.

Payroll in Vietnam: A Guide to Compensation, Bonuses, and Benefits

12/23/2024

As a greater amount of foreign companies establish a business in Vietnam, a thorough knowledge of the country’s salary structure is vital to operate efficiently and to improve staff retention.

Overtime Regulations and Compensation in Vietnam

12/18/2024

Understand current regulations on working hours, circumstances when overtime is triggered, and compensation for a variety of overtime working hours in Vietnam.

Vietnamese New Year (Tet) 2025: How to Prepare Your Business

12/16/2024

Tet, the Vietnamese New Year, involves customs that businesses should understand to strengthen relationships with local staff and effectively manage potential supply chain disruptions. Vietnam Briefing offers a quick guide of best practices.

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The BRICS is Expanding, Should The United States Be Concerned?

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