Vietnam Briefing News

Each week we summarize the most recent, developing, and important Vietnam news into one easy to read digest. Here are the top recent Vietnam news summaries.

Samsung’s US$1.8 Billion Investment to Boost Vietnam’s OLED Manufacturing Capacity

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Samsung Display Co. will invest an additional US$1.8 billion in a new OLED manufacturing plant in Bac Ninh province in northern Vietnam. This is in keeping with Samsung’s commitment to invest around US$1 billion per year in Vietnam.

Q&A: Understanding Vietnam’s Customs Guidelines on Special Cases in 2024

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In 2024, Vietnam’s General Department of Customs (GDC) released multiple official letters guiding customs procedures during special events, including tax-free imported goods repurposing, system failures, and maintaining tax incentives after project ownership changes.

Managing Your Vietnam Business Recovery in the Aftermath of Typhoon Yagi

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We discuss the business recovery process and key banking, insurance, tax, and risk management considerations for impacted firms and factories in the aftermath of Typhoon Yagi.

Impact of Typhoon Yagi on Vietnam: Economic Damage and Recovery Efforts

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The full extent of Typhoon Yagi’s damages in Vietnam is still being assessed, with several key sectors severely impacted. To expedite economic recovery, the government has instructed relevant ministries and agencies to develop comprehensive recovery plans.

Vietnam’s Import-Export Regime: Managing Customs and Accessing Tax Benefits

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In this Vietnam Briefing report, available as a free download from the Asia Briefing Publication Store, we examine Vietnam’s import-export regulatory regime, latest legal and tax updates, and the VAT refund process.

Completing an Effective Stocktake in Vietnam

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As the year draws to a close, firms will likely need to perform a stock take. With this in mind, the Vietnam Briefing runs through what firms need to do to ensure their stocktake is as simple, quick, and effective as possible.

Investing in the Logistics Sector in Vietnam: A Brief Guide

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Vietnam’s logistics sector is becoming a major economic driver, supported by GDP growth, manufacturing expansion, e-commerce, government initiatives, favorable trade agreements, and strategic infrastructure, offering significant investment opportunities.

Understanding Vietnam’s Regulation on Recognizing Foreign Electronic Signatures

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Vietnam’s new regulations in July concerning the recognition of foreign electronic signature certification service providers and electronic signatures took effect August 15.

Vietnam’s Management of Duty-Incentivized Projects Following Ownership Changes: Latest Guidelines

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The new project owners will be considered the users of duty-exempt goods in Vietnam and are responsible for registering a list of these goods with customs authorities.

Vietnam Government Seeks Domestic Market Development: Implications for E-Commerce

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Vietnam’s Prime Minister issued a directive to boost demand, support production, and promote market development, including in e-commerce, to strengthen the domestic economy.

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