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Agtech in Vietnam – a promising sector poised for significant growth
VIETNAM INSIGHT

Agtech in Vietnam – a promising sector poised for significant growth

Vietnam’s agriculture sector continues to play a crucial role in the economy, accounting close to 15% of its overall GDP in 2023. However, the expansion of information technology, the demands of international integration for higher quality agricultural pr

The fintech ecosystem in Vietnam: significant room for growth
VIETNAM INSIGHT

The fintech ecosystem in Vietnam: significant room for growth

Enabled by the e-commerce rise in 2020 and 2021, Financial Technology became one of the fastest growing business sectors globally, with Vietnam at the forefront of Fintech growth. In the following insight, we present the scalability potential and the chal

Significant changes to Vietnam tax administration in 2021
VIETNAM INSIGHT

Significant changes to Vietnam tax administration in 2021

The initial Law on Tax Administration was approved by the National Assembly on November 29, 2006 and took effect from July 1, 2007. Since then, the Law on Tax Administration has been amended and supplemented three times in 2012, 2014 and 2016. After more

Vietnam’s significant Work Permit issues in 2021
VIETNAM INSIGHT

Vietnam’s significant Work Permit issues in 2021

Vietnam’s new Labour Code (known as the Labour Law 2019) came into effect on 1 January 2021 and introduced a number of what appeared to be more subtle changes to previous labour laws as applicable to foreign employees. To implement the new Labour Co

Temporary Residence Cards: Significant Changes for Small Investors
VIETNAM INSIGHT

Temporary Residence Cards: Significant Changes for Small Investors

From 1 July 2020, the laws surrounding the issuing of Temporary Residence Cards (TRC) for small investors in Vietnam change significantly. Foreign investors who currently hold (or are planning to hold) a TRC based upon their individual investment into a V

How Investors Can Avoid the Trapped Money Problem in Vietnam
VIETNAM INSIGHT

How Investors Can Avoid the Trapped Money Problem in Vietnam

At our offices, a common scenario is that a foreign individual comes to see us to help with their company/investment in Vietnam. They tell us that they have established a company in Vietnam using a Vietnamese friend’s name as the investor (nominee), they