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Tax incentive policies for innovative startups in Ho Chi Minh City
In pursuit of fostering innovation, entrepreneurship, and economic growth, and in alignment with the provisions of Resolution 98/2023/QH15 by the National Assembly, a framework that pilots specific mechanisms and policies for the development of Ho Chi Min

0评论2024-04-1711

Significant updates lift foreign investment restrictions in Vietnam under CPTPP from 14 January
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is a multilateral trade agreement designed to foster economic integration among its signatory nations. This Free Trade Agreement involves twelve countries: United Kingdom, C

0评论2024-03-255

The new Real Estate Business Law in Vietnam and its significant implications for foreign investors
The 2023 Real Estate Business Law in Vietnam introduces three significant amendments compared to its predecessor, with a particular emphasis on the rights and responsibilities of foreign investors in the Vietnamese real estate sector. These changes unders

0评论2024-03-157

HR and Payroll Pitfalls in Vietnam: 10 Common Errors for Foreign Businesses
Payrolls in Vietnam are complicated processes and are areas where mistakes can easily become the norm unless businesses registered and operated in Vietnam are careful, consciously monitoring and reviewing their processes, procedures and calculations.

0评论2024-03-139

MedTech in Vietnam: Market entry and licensing requirements for foreign investors
Vietnam’s MedTech industry, characterised by innovative medical technologies and rapidly growing healthcare demands, is an emerging market attracting global attention. As this sector evolves, navigating its complex legal landscape becomes crucial fo

0评论2024-03-0113

Regulatory changes for Representative Offices of Foreign Trade Promotion Organisations in Vietnam
The Vietnamese authorities issued on 7 February 2024 Decree 14/2024/ND-CP amending and supplementing articles of Decree 28/2018/ND-CP, detailing the Foreign Trade Management Law on certain measures for foreign trade development. The new Decree effective f

0评论2024-02-2815

The role of ERP in Vietnam’s finance digital transformation
ERP stands for Enterprise Resource Planning, a software-based solution that integrates a company’s core business processes and data into a single system. ERP can play an important role in digital transformation, which involves using technologies to create

0评论2023-10-1015

Navigating e-transactions in Vietnam: Unveiling the 2023 law on electronic transactions
On 22 June 2023, the National Assembly approved a new E-Transaction Law (LOET 2023) that will replace the LOET 2005 from 1 July 2024. The LOET 2023 aims to address the issues and limitations of the previous legislation and bring more clarity and guid

0评论2023-10-1013

Significant new improvements underpin Work Permit procedures in Vietnam under Decree 70
Vietnamese authorities released Decree 70/2023/ND-CP (Decree 70) on 18 September 2023, which went into immediate effect, covering several major updates and practical clarifications relating to employing foreign experts in Vietnam. In this article, we cove

0评论2023-09-2212

Compliance in 2023 for foreign loans in Vietnam under Circular 8
Compliance with foreign loan regulations in Vietnam is an important consideration for international investors, as it has a direct impact on cash-flows, structural considerations and the commercial position of their business.

0评论2023-08-178

Practical guide for employers on the increase to the Minimum Basic Wage from 1 July 2023 and how it
Following the Resolution of the National Assembly on 11 November 2022 regarding the increase to the Minimum Basic Wage (base salary) from 1 July 2023, on 14 May 2023, the Government issued Decree 24/2023/ND-CP providing further details.

0评论2023-06-236

Digital Transformation in Vietnam from a Finance Manager’s perspective
As Vietnam is a rapidly developing country with a young and tech-savvy population, this makes it an ideal market for digital transformation. From a Finance Manager’s perspective, digital transformation is an opportunity to drive value creation, enable inn

0评论2023-06-158

Personal Data Protection obligations in Vietnam – Decree 13, legal framework and 2023 obligations
After a protracted period of deliberation, the Vietnamese government ultimately passed the Decree No. 13/2023/ND-CP on Personal Data Protection (Decree 13) on 17 April 2023. Decree 13 is a landmark legal instrument that integrates all of Vietnam’s dispara

0评论2023-05-168

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