Vietnam Briefing News

Vietnam Government Extends 2% VAT Reduction on Specific Goods and Services till End of June 2025

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The Vietnam government has agreed to extend the 2 percent VAT reduction on specific goods and services till the end of June 2025.

Vietnam’s New Internet Regulation: Decree 147/2024

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Vietnam’s new Decree No. 147/2024 introduces stringent regulation for internet services, imposing stricter compliance on onshore and offshore providers and reshaping access, content moderation, and user data management.

Nam Dinh Province Announces It Will Develop Two New Industrial Clusters

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The Red River Delta province of Nam Dinh is set to expand its industrial landscape with the establishment of two new industrial clusters: Thang Cuong and My Thuan.

2024 Vietnam-South Korea Investment Forum Seeks Greater SME Engagement, R&D Collaboration

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The Vietnam-South Korea Investment Cooperation Forum 2024 discussed expanding SME collaboration and integrating Vietnamese SMEs into global value chains. The Vietnamese government urged South Korean businesses to support this integration and establish R&D centers in Vietnam.

Vietnam’s School Education Sector: Foreign Investment Scope and New Regulatory Changes

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Vietnam’s school education sector presents strong foreign investment potential, fueled by rising demand, supportive policies, and tax incentives. Decrees 124 and 125, effective November 20, 2024, enhance oversight and operational and investment considerations.

Vietnam-UAE Comprehensive Economic Partnership Agreement (CEPA): Key Details

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The Vietnam-UAE CEPA, Vietnam’s first FTA with an Arab country, fosters extensive bilateral cooperation and market access, covering 18 chapters, 15 annexes, and 2 bilateral letters.

Vietnam’s Strategic Push into the Middle East Halal Market

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Vietnam is leveraging its agricultural strengths and Halal certification advancements to tap into the booming Middle Eastern Halal market, with opportunities in food exports, tourism, and strategic collaborations driven by rising global demand.

Temu Enters Vietnam’s E-Commerce Market: Takeaways for Newcomers

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Vietnam’s e-commerce landscape witnessed the entry of Chinese e-commerce giant Temu in late 2024, drawing legal scrutiny. We discuss why authorities are paying close attention and offer strategic considerations for global online sellers and platform operators.

Avoiding PE Risks in Vietnam: Best Practices for Foreign Representative Offices

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To avoid triggering Permanent Establishment (PE) status, investors must thoroughly understand Vietnam’s regulatory framework for representative offices (ROs) and PEs. This ensures compliance, minimizes tax liability, and mitigates legal risks.

Op-Ed: Trump 2.0 Will Benefit Vietnam – But Only if Trade Surpluses Avoid Populist Backlash

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Marco Förster discusses how Vietnam could gain from U.S.-China tensions under a second Trump presidency, yet may risk setbacks if Trump’s populist policies target Vietnamese exports.

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