Vietnam Tax Codes: An Explainer
Vietnam’s tax codes identify taxpayers and determine tax liability. Here, we outline how to acquire them and explain their importance.
Vietnam’s Economic Performance in H1 2024: Key Indicators and Growth Forecast
Vietnam’s strong economic performance in the first half of 2024 has led the General Statistics Office (GSO) to project a 6-6.5 percent growth rate for the year, meeting the government’s target.
Vietnam-South Korea Trade and Investment
Vietnam and South Korea are poised to continue to complement their respective economic and industrial strengths and expand their cooperation in frontier sectors.
Vietnam’s Draft CIT Law: Changes to Incentives and Tax Liability
Vietnam’s draft Corporate Income Tax (CIT) Law proposes changes to incentive eligibility, taxation on capital transfers by foreign investors, and aims to address limitations hindering integration with international best tax practices.
Eco-Industrial Parks in Vietnam: Implementation and Key Goals
The Vietnam government is considering a policy to facilitate the development of large eco-industrial parks and update preferential policies to encourage green investments. We discuss the proposed policy recommendations, pilot projects, and key goals.
How to Set Up a Representative Office in Vietnam
A Representative Office (RO) is one of the simplest ways companies can set up in Vietnam, albeit with a limited scope of operation. In this article, we discuss the step-by-step process of establishing an RO in Vietnam, and relevant regulatory guidelines.
Understanding Vietnam’s Middle Class: Size, Spending Patterns, and Opportunities for Businesses
Vietnam aims to achieve upper-middle-income status by 2035, with its middle class projected to reach 26 percent of the population by 2026.
Vietnam Notifies Decree 80/2024/ND-CP on Direct Power Purchase Agreements: Key Details
Decree 80/2024/ND-CP on Direct Power Purchase Agreements (DPPA) is part of Vietnam’s broader strategy to promote environmental sustainability and enhance the competitiveness of its retail electricity market.
Vietnam Considers E-Invoicing for Livestream Sales: Advisory for Businesses
Vietnam wants to update existing regulation to ensure e-invoicing for livestream sales and strengthen tax scrutiny in the e-commerce sector.
Vietnam Calls for Chinese Support in Advancing Rail Projects
The Vietnam government is seeking more Chinese investments and technological support in advancing national and cross-border rail projects, which will both reduce logistics costs and provide effective public transportation.