In April 2023 the Ministry of Finance introduced a draft policy to reduce VAT in Vietnam. Previously, the Vietnamese Government had implemented in 2022 a temporary VAT reduction, through Decree 15/2022/ND-CP (Decree 15), which reduced VAT from 10% to 8% i

The Vietnamese domestic economy continues to grow and is considered by many as one of the leading growth markets in Southeast Asia and globally. Accordingly, Vietnam has continued to attract foreign investors invest and expand their trading and retail act

Intellectual property protections are one of the key factors driving investors’ decisions when entering Vietnam. A solid legal framework covering the rights and protection mechanism for investors who are seeking to create value in the market is essential

Foreign NGOs (Non-Governmental Organisations) have a history of providing aid and support to Vietnam in many areas, particularly where socio-economic development has been needed the most. Focus areas have included healthcare, education, agricultural

Labour and human resource compliance is one of the most complex matters for international investors operating in Vietnam, due to the significant regulatory requirements and the differing rules and processes governing labour management.

International investors are taking advantage of the consistent growth opportunities available in Vietnam, and when their investments and local entities become obsolete or require changes within their statutory structure, they often seek to undertake a com

In order to further align its policies with the international community standards and personal data protection best practices, the Vietnamese authorities have recently released a significant Decree covering key elements on data security. The contents of t

With significant numbers of new foreign-invested enterprises established and expanded each year, the Vietnam government utilises methods to manage to ensure that investment projects are operating following the investment scheme as planned. One of the mana

One of the main concerns for investors seeking to enter the market in Vietnam and establish a formal presence is choosing the statutory management positions in the corporate entity. Understanding these statutory positions and management roles within the c

The ongoing digital transformation in Vietnam, which was intensified by the COVID-19 pandemic, has led to electronic signatures (E-Signatures) being a common talking point, due to them being an invaluable tool used by businesses across the world. Vietnam