| Weekly business and foreign investment news roundup in Asia by Asia Briefing and Dezan Shira & Associates. |
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| | This 2025 edition of An Introduction to Doing Business in Vietnam offers essential insights for companies aiming to establish or expand their presence in this rapidly evolving market. It provides a comprehensive and updated overview of market entry requirements, intellectual property rights (IPR) considerations, taxation policies, and HR & payroll regulations. | | | Vietnam’s economic outlook for 2025 is highly positive, and industries primed for investment-led growth include manufacturing, technology, retail, and renewables. The country surpassed all socio-economic targets set by the National Assembly for 2024, with GDP growth exceeding 7 percent. | | | Effective January 1, 2025, Vietnam’s Decree 163 provides clear guidance on emerging services like data centers, cloud computing, and OTT telecom services. Its provisions strengthen the implementation of the 2024 Telecommunications Law. | | | Once Law No. 48/2024/QH15 on Value Added Tax (VAT) comes into effect from July 1, 2025, the previous 2008 VAT Law along with its amendments under Laws No. 31/2013/QH13, No. 71/2014/QH13, and No. 106/2016/QH13, will cease to be in effect. We discuss key changes to Vietnam’s VAT regime. | | | The Vietnam government is restructuring to ensure greater efficiency across its bureaucracy by reducing the number of ministries and agencies to 22 and addressing existing overlaps in public administration. Businesses and investors should monitor the changes to the regulatory landscape under the new bureaucratic regime. |
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We hope you're enjoying this Vietnam Edition. To receive any of our other complimentary regional editions, including ASEAN, China, India, Middle East, or our Asia weekly round-up, you can add or change subscriptions. Or newly subscribe a friend. |
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COMPLIMENTARY BUSINESS RESOURCES: | | | Compiled by the experts at Dezan Shira & Associates, the "Doing Business in India 2025" guide introduces the fundamentals of investing in India, covering key topics such as India’s investment climate, corporate establishment, tax, transfer pricing, audit, and accounting, human resources and payroll, trade policy, and data protection measures. | | | This publication is designed to introduce the fundamentals of investing in all ten ASEAN countries and includes a guide to corporate establishment, tax advisory, and bookkeeping, in addition to HR and payroll, double tax agreements, and audit and compliance. | | | | Doing Business in China 2025 introduces the fundamentals of investing in China. Compiled by Dezan Shira & Associates in December 2024, this guide helps foreign investors navigate changes in China’s business landscape, mitigate risks, and seize new market opportunities. |
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UPCOMING EVENTS FOR ASIA: | | Webinar | Wednesday, January 22, 2025 | 4:00 PM China / 3:00 PM Vietnam / 1:30 PM India / 9:00 AM CET | | | Webinar | Thursday, January 23, 2025 | 9:00 AM Los Angeles / 12:00 PM New York | | | Webinar | Thursday, 23 January 2025 | 3:00 PM JKT / 4:00 PM China / 9:00 AM CET |
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