Other Briefings
State by State: Vietnam and Minnesota Trade
Vietnam is a key driver of Minnesota-ASEAN trade growth and a prime location for companies looking to access the ASEAN market with a low-cost labour force.
Vietnam Seeks to Shake up its Banking Industry through M&A and Increased Foreign Ownership
Vietnam is continuing its struggle to reform its banking system and create a more attractive business environment for foreign investors. This will be achieved in part by increasing the limits on foreign ownership and encouraging mergers and acquisitions in its financial industry. Building a stable and competitive banking system is a key part to Vietnam becoming a global investment destination.
Yarn Forward’s Effect on the Trans-Pacific Partnership and Vietnam
The Trans-Pacific Partnership (TPP), a United States led trade agreement involving twelve countries, is currently under negotiation. A key part of the proposed format of the TPP is a rule known as “yarn forward”. In essence, “yarn forward” would require that only fabric produced from yarn made by a TPP country would qualify for the trade agreement’s duty-free status. The rule is intended to ensure that the trade benefits of the TPP only apply to signatory countries rather than outside players such as China. However, the rule also has significant effects on signatory countries, such as Vietnam.
E-Commerce in Vietnam: Trends, Tax Policies and Regulatory Framework – New Issue of Vietnam Briefing Magazine
The newest issue of Vietnam Briefing magazine, titled “E-Commerce in Vietnam: Trends, Tax Policies and Regulatory Framework”, is out now and available as a complimentary download in the Asia Briefing Bookstore.
Da Nang Looks set to be the Singapore of Vietnam
With its burgeoning technology and IT industries and its increasingly attractive business environment, Vietnam’s port of city of Da Nang is well on its way to accomplishing its goal of becoming the Singapore of Vietnam. Over the past five years, the city has undergone a building boom, spending US$4.5 billion on infrastructure projects. Additionally, for eight years in a row, the city has been top ranked in the Vietnam Provincial Competitiveness Index for the categories of good governance and business-friendly policies.
Vietnam’s Garment Industry a Prime Target for Foreign Trading Companies
In 2014, Vietnam’s textile and garment sector saw a 16 percent rise in the level of its exports, reaching US$24.5 billion. The country has set an export goal for 2015 of between US$28-28.5 billion. While exporting garments is big business in Vietnam, investors should not ignore the growing opportunities to import products into the country and to take advantage of the growing consumer market there. In order to conduct import, export, and distribution activities in Vietnam, the best investment strategy tends to be to set up a trading company.
Vietnam Auto Industry could have Fastest Growth in Southeast Asia, but Challenges Remain
Vietnam’s automotive industry could have the fastest growth in Southeast Asia over the next 20 years. This growth will be the result of increasing consumer demand, a young workforce, and strong governmental support for the industry.
Vietnam News Brief: Tax, Bidding Guidance and Tariff Lines
We would like to update you on recent regulations on implementation of the new tax law, project investor selection and new tariff lines applied for products imported directly from Japan.
Changes to Vietnam’s Customs and Tax Procedures in 2015-16
What do Vietnam’s tax and customs procedures mean for you? Vietnam Briefing report the latest developments and expected changes in 2015-16 to streamline your business activities in Vietnam.
Vietnam’s Q1 2015 Sees 7% Y-o-Y FDI Growth
Vietnam’s Ministry of Planning and Investment’s Foreign Investment Agency has announced a 7% year-on-year growth in FDI disbursement for the first quarter of 2015, continuing the trend we noted back in January that FDI levels were increasing.
