关键词：Insights
Vietnam has become a compelling destination for business, standing out as a promising market despite global economic challenges. With a vibrant economy and growing opportunities, foreign companies have flourished and expanded, driving significant growth i
On June 11, 2024, the Ministry of Finance in Vietnam unveiled a new draft of the Corporate Income Tax (CIT) law for public consultation. This draft introduces significant changes designed to simplify the tax system and address various challenges encounter
We explore key professional trends and shifts in attitudes among the Vietnam workforce in 2024 amid technology-led transformation.
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
Historically, Vietnam has attracted foreign investors based on its significant economic, social, geographical, and governance assets. These assets make the jurisdiction one of the most desired investment locations globally and a preferred choice for mediu
The draft decree on administrative penalties for violations in personal data protection, discussed by the Vietnamese Government on 2 May 2024, encompasses a broad spectrum within cybersecurity provisions and includes sanctions covering information securit
The Vietnamese Government has recently issued Decree 73 formally approving increases to the Minimum Basic Wage and Minimum Monthly Wage, effective from 1 July 2024. This article examines the impacts of these increases to help employers and employees under
On 30 June 2024, the Vietnamese Government formally approved a 2% VAT reduction for the last six months of 2024 by issuing Decree 72/2024/ND-CP.
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
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
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
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.
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
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
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
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
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
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
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