U.S. Chooses to Retain Vietnam’s Non-Market Economy Status Despite Reforms
The U.S. has rejected Vietnam’s bid to change its non-market economy status after a year-long review, despite acknowledging reforms. The decision means that the U.S. will retain the methodology used in calculating anti-dumping duties on imports from Vietnam.
Key Industrial Parks in Northern Vietnam
We list key industrial parks in Northern Vietnam favored by foreign investors as well as their respective sector focus and tax incentives.
Nike Factories and Supplier Network in Vietnam
Nike’s been operating in Vietnam for over a decade. Here’s where their factories are and why.
Vietnam’s Non-Life Insurance Sector Attracts Strong FDI Amid Favorable Regulatory Changes
Vietnam’s non-life insurance sector is witnessing growth, driven by accelerating demand for commercial lines products and the country’s appeal as a hub for foreign direct investment. We discuss the opportunities and challenges for foreign firms.
Northern Vietnam Industrial Parks: Benefits and Challenges
We discuss what to expect when establishing a manufacturing plant or factory in one of northern Vietnam’s industrial parks.
Vietnam Construction Material Sector: Growth Drivers and Challenges
A surge in infrastructure projects and urban growth is boosting the demand for construction material in Vietnam. Here’s what construction firms need to know to take advantage of this opportunity.
Regulation of Vietnam’s Real Estate Market: New Laws in Effect from August 1, 2024
New laws and decrees, along with the implementation of a directive to initiate a nationwide land inventory, are expected to shake up the regulation of Vietnam’s property market and professionalize real estate brokerage.
US Commerce Department Delays Decision on Vietnam’s Market Economy Status Due to IT Disruptions
The US Commerce Department has delayed its decision on upgrading Vietnam to market economy status to August 2 due to IT disruptions caused by CrowdStrike software issues.
Vietnam Labor Market Report for H1 2024
The Vietnam labor market showed positive trends in H1 2024, with increased employment opportunities and salary growth. Additionally, the proportion of Vietnamese workers holding degrees or certificates rose to 28.1 percent in the second quarter of 2024.
Tax Audits for Representative Offices in Vietnam
We discuss the key points of tax audits for Representative Offices in Vietnam, considering that these entities rely entirely on their parent companies without the ability to generate profits or enter into contracts independently.