Vietnam's trade performance in 2024 sees more firms investing in the country as a China+1 production base amid global economic challenges. Vietnam became China’s third-largest export destination for the first time last year showing a rise in its strategic value.
A recently published report on Vietnam's top 500 enterprises and 500 largest private companies in 2024 showcases which sectors are among key contributors to the country's economic growth, suggesting improved prospects for businesses.
We examine the implications of Vietnam's new Value Added Tax (VAT) Law, set to take effect on July 1, 2025, which introduces significant changes to the country's VAT regulations.
Vietnam's Decree 163 provides clear guidance on emerging services like data centers, cloud computing, and OTT telecom services, effective January 1, 2025. Its provisions strengthen the implementation of the 2024 Telecommunications Law.
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Sign Up NowVietnam's trade performance in 2024 sees more firms investing in the country as a China+1 production base amid global economic challenges. Vietnam became China’s third-largest export destination for the first time last year showing a rise in its strategic value.
Vietnam’s economy enters 2025 on a strong note, having exceeded all socio-economic targets set by the National Assembly, with GDP growth surpassing 7 percent in 2024. We highlight the key industries in Vietnam that will attract investors, along with the dual efforts to advance the digital economy and accelerate the green transition across all sectors.
The Vietnam government is restructuring to ensure greater efficiency across its bureaucracy by reducing the number of ministries and agencies to 22 and addressing existing overlaps in public administration.
This 2025 edition of An Introduction to Doing Business in Vietnam offers essential insights for companies aiming to establish or expand their business presence in this rapidly evolving market.
Vietnam's 2024 economic performance was driven by robust GDP growth led by the trade, agriculture, industry, and services sectors.
We examine the implications of Vietnam's new Value Added Tax (VAT) Law, set to take effect on July 1, 2025, which introduces significant changes to the country's VAT regulations.
On the books since 2010, Vietnam’s Environmental Protection Tax has been a key pillar of Vietnam’s transition to a cleaner, greener economy. In this article, we break down the key details foreign investors should know.
We touch on some frequently asked questions on the personal income tax (PIT) finalization obligations of employers and employees in Vietnam, including deadlines.
Vietnam's draft excise tax law introduces new bases for calculating the special consumption tax and will impact new goods and services.
Vietnam’s 2024 Law on Value-added Tax (VAT) will take effect from July 1, 2025 and the 2% reduced VAT regime is extended till end June 2025.
Vietnam's Decree 163 provides clear guidance on emerging services like data centers, cloud computing, and OTT telecom services, effective January 1, 2025. Its provisions strengthen the implementation of the 2024 Telecommunications Law.
We examine Vietnam’s New Trade Union Law, which will come into force from July 1, 2025, and is expected to bring about notable changes to protect the rights of foreign workers in Vietnam.
On November 30, 2024, the Vietnamese government approved the new Law on Data, to come into effect July 1, 2025.
This article examines the latest criteria for high-tech investment projects in Vietnam, as outlined in Circular 08/2024/TT-BKHCN, which took effect on December 23, 2024.
Vietnam’s new master plan on coastal resources outlines a vision to transform coastal areas into economic and cultural hubs by 2050, focusing on sustainability, renewable energy, eco-tourism, and marine biotechnology.
This Vietnam Manufacturing Tracker offers the latest data, insights, and policy updates to keep foreign investors and analysts informed about the industry. It was last updated January 2025.
Vietnam's Decree 163 provides clear guidance on emerging services like data centers, cloud computing, and OTT telecom services, effective January 1, 2025. Its provisions strengthen the implementation of the 2024 Telecommunications Law.
This article examines the latest criteria for high-tech investment projects in Vietnam, as outlined in Circular 08/2024/TT-BKHCN, which took effect on December 23, 2024.
Vietnam is poised for a major digital transformation with the anticipated launch of SpaceX's Starlink satellite internet services.
Vietnam's gaming industry experienced significant growth in 2024, fueled by mobile gaming, esports, and government support. We look into the remarkable growth of Vietnam's gaming industry in 2024 and its emerging investment opportunities.
We examine Vietnam’s New Trade Union Law, which will come into force from July 1, 2025, and is expected to bring about notable changes to protect the rights of foreign workers in Vietnam.
Thinking about moving to Vietnam? Here's a quick guide to get you started living and working in this booming Southeast Asian nation.
As a greater amount of foreign companies establish a business in Vietnam, a thorough knowledge of the country’s salary structure is vital to operate efficiently and to improve staff retention.
Understand current regulations on working hours, circumstances when overtime is triggered, and compensation for a variety of overtime working hours in Vietnam.
Tet, the Vietnamese New Year, involves customs that businesses should understand to strengthen relationships with local staff and effectively manage potential supply chain disruptions. Vietnam Briefing offers a quick guide of best practices.
Dezan Shira & Associates is a pan-Asia, multi-disciplinary professional services firm, providing market entry, legal, accounting, tax, HR, technology and operational advisory to international investors.
Asia Briefing publishes articles, magazines, and guides on doing business in Asia. Dezan Shira & Associates has produced the publication since 1999.
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