Other Briefings
Vietnam Government Extends 2% VAT Reduction on Specific Goods and Services till End of 2024
The Vietnam government issued Decree 72/2024 on June 30 to extend the 2% VAT reduction on specific goods and services till the end of 2024.
Vietnam Considers Raising Excise Tax for Alcohol, Sweetened Beverages, Tobacco
We discuss the Ministry of Finance’s proposal to hike the Vietnam excise tax rates for alcohol, sugary drinks, and tobacco products and how this policy shift could impact consumer facing businesses.
Apple’s Production Strategy in Vietnam
Apple’s significant investments in production and the expansion of its local supplier base in Vietnam will influence the country’s economic development, positioning it prominently in the region’s high-tech manufacturing sector. Here is Apple’s updated Vietnam supplier list for 2024.
Foreign Technology Firms in Vietnam: Tax Payments Highlight Growing Commercial Presence
We discuss the presence of leading technology (‘Big Tech’) firms in Vietnam who have become major taxpayers in the country, as they steadily expand commercial operations and tap into the rapidly growing digital economy.
Vietnam-Mexico Trade and Investment Relations
Vietnam and Mexico are growing their bilateral trade partnership as CPTPP members and benefit from their complementary economic structures.
Vietnam Government Extends Tax and Land Rental Payment Deadlines in 2024
The Government has issued Decree No. 64/2024/ND-CP, granting tax payment extensions for eligible businesses and organizations.
EU Updates Food Safety Measures for Vietnam Agrifood Exports
We note the updated EU food safety regulations as of June 2024, impacting Vietnam’s agrifood exports, including instant noodles and farm produce, along with a list of best practices.
HCMC Announces Labor and Employment Strategy Through 2025: Key Goals
HCMC’s labor and employment strategy for 2023-2025, with a vision to 2030, has identified eight areas for human resource development, highlighting key priority skill development roles and anticipated technology disruptors that may attract foreign investors in the education and skills development sector.
Vietnam-U.S. Trade and Investment Relations
We discuss bilateral trade and investment relations between Vietnam and the U.S. and prospects under their Comprehensive Strategic Partnership.
Vietnam Sets Record for Newly Established Firms in the First Five Months of 2024
Nearly 65,000 firms entered the Vietnam market in the first five months of 2024 – the highest record ever with a 4.5 percent y-o-y increase.
