×

Economy & Trade

Vietnam-UAE Comprehensive Economic Partnership Agreement (CEPA): Key Details

11/22/2024

The Vietnam-UAE CEPA, Vietnam's first FTA with an Arab country, fosters extensive bilateral cooperation and market access, covering 18 chapters, 15 annexes, and 2 bilateral letters.

Op-Ed: Trump 2.0 Will Benefit Vietnam – But Only if Trade Surpluses Avoid Populist Backlash

11/15/2024

Marco Förster discusses how Vietnam could gain from U.S.-China tensions under a second Trump presidency, yet may risk setbacks if Trump's populist policies target Vietnamese exports.

Vietnam's Agri-Export Trade Soars in 2024, Showing Scope for Foreign Investment

11/13/2024

Vietnam's robust agri-export growth in 2024 highlights significant investment opportunities in agri-processing, AgriTech, cold chain logistics, digital transformation, and sustainable production zones, driven by rising global demand and strategic government support.

Vietnam Eases Foreign Access to Stock Market, Removes Pre-Fund Requirements for Stock Transactions

11/07/2024

Effective November 2, Vietnam has eased foreign investor access to its stock market by eliminating the 100-percent pre-funding requirement for transactions. Going forward, securities companies must assess the payment risk of foreign institutional investors to determine the necessary funds when placing stock purchase orders.

Why Is Vietnam’s Economy Growing So Fast?

11/04/2024

Are you wondering how Vietnam’s economy grew so fast over the years? Find out the factors that led to rapid economic progress in Vietnam.

Vietnam's Economic Zones: A Practical Guide for Investors

10/30/2024

We discuss the unique advantages of Vietnam's Economic Zones (EZs), highlighting their appeal to foreign investors drawn by incentives, advanced industrial infrastructure, and logistics connectivity.

Tax & Accounting

Avoiding PE Risks in Vietnam: Best Practices for Foreign Representative Offices

11/18/2024

To avoid triggering Permanent Establishment (PE) status, investors must thoroughly understand Vietnam's regulatory framework for representative offices (ROs) and PEs. This ensures compliance, minimizes tax liability, and mitigates legal risks.

Stuck in Vietnam? A Guide to Exit Delays Over Tax Obligations

11/12/2024

We examine the reasons authorities may temporarily restrict individuals from exiting Vietnam due to tax debts and outline key steps to help avoid these situations.

Vietnam’s Property Tax Regime 2024

11/05/2024

Understand how Vietnam's property tax regime impacts the country's real estate market, supporting infrastructure, and investment decisions.

Tax Obligations for Resident and Non-Resident Property Owners in Vietnam

10/29/2024

Foreign property owners in Vietnam, both resident and non-resident, are required to adhere to the same tax regulations as Vietnamese citizens.

Special Consumption Tax in Vietnam 2024

10/28/2024

Vietnam's special consumption tax, or excise tax, applies to the production or import of specific luxury and non-essential goods and certain services.

E-Invoice Compliance in Vietnam: Regulations, Requirements, and Best Practices

10/25/2024

Vietnam mandates the use of electronic invoice (e-invoice) for all taxpayers. This article provides essential guidance and notes the step-by-step compliance requirements for businesses implementing e-invoicing.

Legal & Regulatory

Vietnam's Decree 115: Bidding Requirements for Land-Use Projects

11/11/2024

Vietnam's Decree 115 creates a strong legal framework for investor selection and bidding in land-use projects. We discuss key provisions.

Foreign Investment Considerations for Project Companies in Vietnam

11/06/2024

Specific regulatory requirements and restrictions apply to foreign investors aiming to establish or acquire project companies within Vietnam.

Setting Up an FDI Company in Hung Yen Province, Vietnam

10/22/2024

We profile the top industries in Hung Yen and outline the steps and documentation needed for setting up an FDI company in the province.

Vietnam’s On-Spot Export and Import Regime

10/16/2024

The management of on-the-spot export and import activities in Vietnam has exposed certain shortcomings, prompting the government to plan reforms to align with international standards and ensure fairness across different types of businesses.

Vietnam Draft Decree on Rooftop Solar Power: New Opportunities on the Horizon for Investors

10/15/2024

Vietnam's rooftop solar sector is poised for significant investment growth with the release of a new draft decree in early October 2024. This article examines the proposed changes in the decree and how they are expected to facilitate commercial and foreign investment opportunities in the country’s renewable energy sector and technology firms.

Vietnam Visa Costs: What You Need to Know in 2024

10/04/2024

Vietnam's visa costs change regularly. Here is an updated list of Vietnam visa costs and types of visas issued for 2024.

Industries

Vietnam's Strategic Push into the Middle East Halal Market

11/21/2024

Vietnam is leveraging its agricultural strengths and Halal certification advancements to tap into the booming Middle Eastern Halal market, with opportunities in food exports, tourism, and strategic collaborations driven by rising global demand.

Temu Enters Vietnam’s E-Commerce Market: Takeaways for Newcomers

11/20/2024

Vietnam's e-commerce landscape witnessed the entry of Chinese e-commerce giant Temu in late 2024, drawing legal scrutiny. We discuss why authorities are paying close attention and offer strategic considerations for global online sellers and platform operators.

Vietnam’s Top 500 Enterprises in 2024: New Report Findings

11/13/2024

A recently published report on Vietnam's top 500 enterprises and 500 largest private companies in 2024 showcases which sectors are among key contributors to the country's economic growth, suggesting improved prospects for businesses.

Setting Up an FDI Company in Hung Yen Province, Vietnam

10/22/2024

We profile the top industries in Hung Yen and outline the steps and documentation needed for setting up an FDI company in the province.

Vietnam Manufacturing Tracker: 2024-25

10/18/2024

The 2024-25 Vietnam Manufacturing Tracker offers the latest data, insights, and policy updates to keep foreign investors and analysts informed about the industry.

Vietnam’s Digital Infrastructure Strategy: Opportunities for Foreign Investors

10/17/2024

Vietnam’s Digital Infrastructure Strategy, approved in October 2024, identifies priority areas for investment, providing clear guidance for foreign firms looking to engage with Vietnam's growing digital economy.

HR & Payroll

Vietnam Public Holidays in 2025

11/19/2024

In 2025, workers in Vietnam are set to benefit from extended public holiday periods compared to the 2024 schedule. Businesses must plan in advance.

Female Workers in Vietnam: Legal Rights and Gender Equality Targets

11/01/2024

Female workers are key to Vietnam’s labor force, with their rights protected by laws and strengthened through ongoing reforms, promoting gender equality.

Vietnam E-visas: Complete Guide 2024

10/08/2024

Vietnam’s e-visa program makes it easier and faster for visitors to Vietnam to enter the country. Here’s who is eligible for an e-visa and how to apply.

Vietnam Considers 9-Day Tet Break for 2025

09/30/2024

The Vietnam government is positively considering a 9-day Tet break for 2025 from January 25 to February 2. Proposals for extended breaks during other national holidays are also under review. Foreign investors and vendors planning business meetings should be mindful of the country’s public holiday schedules when arranging visits.

Vietnam Fintech and Payroll Innovation: Understanding the Concept of Earned Wage Access Services

09/27/2024

Earned Wage Access (EWA) services is a relatively new fintech concept in Vietnam, aligning with policies aimed at promoting financial inclusion. Although this service segment is still in its early development stage, it has the potential to provide financial services and products to a significant underbanked population that often relies on dubious loan providers.

Insights into the Vietnam Workforce in 2024: Key Takeaways for Businesses

09/25/2024

We explore key shifts and attitudes among the Vietnam workforce in 2024 per recent reports as they cope with technology-led workplace transformation, pursue meaning work in areas of green-impact and sustainability, and increasingly seek work-life balance.

Our firm Dezan Shira & Associates provides legal, tax and operational advisory across Asia.
Never miss an update
Back to top