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.

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.

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

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

Organisations and individual taxpayers in Vietnam should be aware of the guidance outlined by the Vietnam Ministry of Finance and General Department of Taxation when completing annual finalisations.

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

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

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

Decree 41 abolishes requirements to separate invoicing of goods/ services entitled to reduced VAT of 8%On 20 June 2022, the Vietnamese Government issued Decree 41/2022/ND-CP amending some provisions o