Vietnam’s Foreign Contractor Withholding Tax: Complete Guide
Foreign contractor tax is a withholding tax applicable to most foreign contractors working in Vietnam with a few exceptions.
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Resurgence of Enterprises in Vietnam in First Nine Months of 2024
Nearly 121,900 new enterprises were established in Vietnam (Jan-Sept 2024), with total registered capital at approx. 1.158 quadrillion VND.
Bac Ninh is Top FDI Destination in Vietnam till September 2024
Bac Ninh province tops as foreign direct investment (FDI) attraction in Vietnam, securing over US$4.2 billion in investments (Jan-Sept 2024).
An Introduction to Vietnam’s Import and Export Industries
We discuss Vietnam's top import and export industries, including electronics, pharmaceuticals, coffee, automotive, and textiles.
Vietnam Proposes Industrial Classification to Support Green Economy
The government is inviting feedback on a new Vietnam Standard Industrial Classification System (VSIC), which prioritizes the green economy.
Vietnam Port System: Major Upgrades Planned
Vietnam aims to upgrade its port system by 2030, targeting an annual cargo capacity of 1.25 to 1.5 billion tons per Decision No. 442/QD-TTg.
IMF Projects 6.1% Growth for 2024 for Vietnam Amid Challenges
In its September report, the IMF revised its GDP growth forecast for Vietnam in 2024 up to 6.1%, with GDP reaching US$468.5 billion.
Vietnam Considers 9-Day Tet Break for 2025
The Vietnam government is positively considering a 9-day Tet break for lunar new year 2025 from January 25 to February 2.
Earned Wage Access Services in Vietnam: Concept and Scope
Earned Wage Access (EWA) services is a relatively new fintech concept in Vietnam, aligning with policies to promote financial inclusion.
Vietnam’s First Draft of New Personal Data Protection Law (PDPL)
On September 24, 2024, the Vietnamese government issued the first draft of a new Law on Personal Data Protection (PDPL) for public feedback.
Insights into the Vietnam Workforce in 2024: Key Takeaways
We explore key professional trends and shifts in attitudes among the Vietnam workforce in 2024 amid technology-led transformation.
The Footwear Market in Vietnam: Trends and Opportunities
The footwear market in Vietnam is on a growth trajectory, driven by an expanding customer base and evolving preferences.
Samsung's US$1.8bn Investment into Vietnam OLED Manufacturing Plant
Samsung Display Co. will invest an additional US$1.8 billion in a new OLED manufacturing plant in Bac Ninh province in northern Vietnam.
Vietnam’s Customs Guidelines on Special Cases in 2024
In 2024, Vietnam’s General Department of Customs (GDC) released multiple official letters guiding customs procedures during special events.
Managing Your Vietnam Business Recovery in the Aftermath of Typhoon Yagi
We discuss the business recovery process and key insurance and tax considerations for firms and factories in the aftermath of Typhoon Yagi.
Impact of Typhoon Yagi on Vietnam: Economic Damages, Recovery Plans
The full extent of the damages caused by Typhoon Yagi on Vietnam is still being assessed, with several key sectors severely impacted.
Vietnam’s Import-Export Regime: Managing Customs and Tax Benefits
In this new report, available as a free download, we examine Vietnam's import-export regime, on-spot import/export, and VAT refund process.
Investing in the Logistics Sector in Vietnam: A Brief Guide
Vietnam's logistics sector offers significant investment opportunities, supported by manufacturing, e-commerce, and government initiatives.
Vietnam's Regulation on Recognizing Foreign Electronic Signatures
Vietnam's new regulations on recognizing foreign electronic signature providers and signatures took effect on August 15.
Vietnam's Management of Duty-Incentivized Projects After Ownership Changes
Owners of new projects in Vietnam must register duty-exempt goods with customs authorities and are responsible for them.
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