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Upgrading Your Vietnam Representative Office

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Opening a successful representative office in Vietnam is a great start, but that’s all it is – a start. With Vietnam’s huge potential and already visible growth, upgrading your RO into a legal entity isn’t just a risk. It’s an opportunity.

Development Zones in Vietnam

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Development zones started in Vietnam about 20 years ago when the United States lifted its trade embargo on the country. Manufacturing zones include industrial zones (IZs), economic zones (EZs), export processing zones (EPZs) and high-tech zones (HTZs). Firms investing in these zones enjoy preferential governmental policies and advantages like modern infrastructure and greater access to utility services.

Establishing a Representative Office in Vietnam

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The representative office (RO) is a popular foreign investment vehicle which investors utilize when wanting to enter the Vietnamese market. This article will provide an overview of how to establish a RO in Vietnam, including the licensing procedures, post-licensing procedures and the additional information investors need to be aware of.

New Issue of Vietnam Briefing: Re-evaluating Your Vietnam Representative Office

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This issue of Vietnam Briefing examines ROs – the processes of working with them, and the rationale for either upgrading or closing them. We explain not just how to close up your RO, but also list out the common reasons for doing so. In addition, we include detailed instructions and timelines on how long it takes to upgrade or close up shop.

New Issue of Asia Briefing: An Introduction to Development Zones Across Asia

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In this issue of Asia Briefing Magazine, we break down the various types of development zones available in China, India and Vietnam specifically, as well as their key characteristics and leading advantages. We then go on to provide a snapshot of the latest development zones across the rest of Asia. We hope that this issue will provide the basic fundamentals to understanding one of the most important business tools available to international businesses operating in Asia.

New Issue of Asia Briefing: Expanding Your China Business to India and Vietnam

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In this issue of Asia Briefing Magazine, we discuss why China is no longer the only solution for export-driven businesses, and how the evolution of trade in Asia is determining that locations such as Vietnam and India represent competitive alternatives. With that in mind, we examine the common purposes as well as the pros and cons of the various market entry vehicles available for foreign investors interested in Vietnam and India.

New Issue of Asia Briefing: Are You Ready for ASEAN 2015?

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In our first ever issue of Asia Briefing magazine, we focus on the new dawn that ASEAN free trade brings to the entire region, as well as the dramatic added impact of pan-Asian free trade agreements such as the Regional Comprehensive Economic Partnership.

New Issue of Vietnam Briefing: Annual Compliance and Audit

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In this issue of Vietnam Briefing, we address a number of annual compliance topics relevant to foreign investors in Vietnam. Namely, annual reporting for foreign-owned enterprises and representative offices, as well as annual tax finalization (corporate income tax and personal income tax), and annual financial statements (structure, general accounting treatments, deductible expenditures, submission).

Housing for Foreigners in Vietnam

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In 2008, after a good deal of debate, the door was also officially opened for foreign individuals and organizations, as well as overseas Vietnamese citizens and organizations, to purchase apartments (not individual houses) in Vietnam. By the end of 2011 a total of 296 foreigners and overseas Vietnamese (mostly the latter) had purchased apartments in Vietnam. But as Vietnam’s real estate market has been relatively stagnant for the last three years and is currently a buyer’s market, an increasing number of foreigners are considering this possibility.

New Issue of Vietnam Briefing: Human Resources for Foreigners

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In this issue of Vietnam Briefing, we take a look at foreign workers in Vietnam: how to hire, the legal obligations a company bears (including withholding and paying personal income tax and social insurance), and finally a common dilemma – the housing situation.

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