Vietnam: Foreign Retailers Face Tax Inspection
Vietnamese tax authorities to inspect foreign-owned retailers for tax avoidance through transfer pricing or profit shifting. Read more to understand the government’s actions and its impact on the retail market.
Pharmacy Law Guidance Scheduled for July Implementation in Vietnam
A pharmacy decree detailing the implementation of the Law on Pharmacy was released by Vietnam’s Ministry of Health and it set to take effect in July. Read more for a detailed look at the decree’s impact on distribution rights, pharmaceutical pricing, and foreign investment within Vietnam
Vietnam Implements Social Insurance Updates
With social insurance rate reductions applied from June 2017 and the introduction of a wider liability for social insurance contributions scheduled for early 2018, foreign and domestic companies alike will be required to adjust compliance procedures in the near future.
Lower Taxes Proposed for Profitable SMEs in Vietnam
As per a new draft law on tax support, profitable SMEs are set to receive between 1 and 3 percent reductions from their current level of tax liability. Read more to understand how the tax will be applied and its projected impact on the Vietnamese economic landscape.
Vietnam’s Overtime Limits Set to Double Under Recent Proposal
Vietnam’s Ministry of Labour has proposed revisions to the 2012 Labour Code increasing overtime limits from 200 hours per year to 400 hours per year. Read more to learn the particulars as well as how this has been received within the country.
Vietnam’s Hospitality Industry: Understanding Current Trends and Challenges
Vietnam is rising rapidly as a tourist destination in South East Asia. Read more to understand how key cities are keeping pace with the likes of Bangkok and learn where challenges may arise when investing within the sector.
Vietnam Market Watch: FDI Inflows, Da Nang Startups, and Aquaculture Exports
In this week’s Vietnam Market Watch we highlight increasing FDI Inflows, discuss Da Nang’s startup sector, and analyze export projections in the aquaculture sector
Payroll Management in Vietnam – New Issue of Vietnam Briefing Magazine
Payroll Management in Vietnam, out now and available for download in the Asia Briefing Bookstore, explains the ins and outs of human resource administration in Vietnam. Read more to understand statutory payroll requirements, potential risk areas for investors, and the benefits afforded by payroll outsourcing
Vietnam’s Aquaculture Exports to Reach US$13 billion by 2020
Vietnam’s exports of aquaculture produce are predicted to reach US$13 billion by 2020. Read more to understand current growth trends and the policy actions needed to sustain the seafood industry’s future competitiveness
Industrial Zones in HCMC: Land of Opportunity
For investors setting up in HCMC, industrial parks offer significant advantages: personal and corporate income tax incentives; improved infrastructure; streamlined compliance; and a range of facilities are just some benefits. Read more an overview of current locations, pricing, and upcoming projects.