| | Weekly business and foreign investment news roundup in Asia by Asia Briefing and Dezan Shira & Associates. |
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| | | | Starting July 1, 2025, Vietnam will streamline tax data for the national population database by using citizen identification numbers as personal tax codes. The new measure, accompanied by other revisions under the newly introduced Circular 86/2024/TT-BTC, is expected to implement significant changes to Vietnam’s personal income tax (PIT) regime. | | | | | We list the official Vietnam public holidays for 2025 as per Announcement No.6150/TB-BLĐTBXH issued by the Ministry of Labor, Invalids, and Social Affairs on December 3, 2024. Business travelers are advised to plan their visits around major holidays like Tết (Vietnam Lunar New Year), which typically see widespread closures in both public and private sectors. | | | | | On December 31, 2024, the Vietnamese Government issued Decree No. 182/2024/ND-CP (“Decree 182”) on the establishment, management, and utilization of the Investment Support Fund. The decree shows Vietnam’s commitment to fostering innovation and establishing itself as a hub for advanced technology. | | | | | Vietnam seeks to join the Organization for Economic Cooperation and Development (OECD) to better align its competition, investment, and tax policies with international best practices and governance standards and boost investor appeal. | | | | | As Vietnam continues to solidify its position as a key player in global trade, the need for efficient logistics solutions has never been more critical. One such solution is the establishment of bonded warehouses, which serve as secure storage facilities for goods awaiting customs clearance. |
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COMPLIMENTARY BUSINESS RESOURCES: |  | | | | | This guide aims to walk foreign businesses through the annual audit and compliance process from start to finish, in addition to introducing China’s accounting framework in a comparative context. | | | | | This 2025 edition of An Introduction to Doing Business in Vietnam offers essential insights for companies aiming to establish or expand their business presence in this rapidly evolving market. The guide provides an updated overview of market entry requirements, intellectual property considerations, taxation policies, and HR & payroll regulations. | | | | | 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. | | |
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UPCOMING EVENTS FOR ASIA: | | | Webinar | Thursday, February 13, 2024 | 3:00 PM JKT / 4:00 PM China / 9:00 AM CET | | | | | Seminar | Tuesday, February 18, 2025 | 9:00 AM - 5:00 PM Singapore time | | | | | Webinar | Wednesday, February 26, 2025, 3:00 PM Singapore / 2:00 PM Vietnam / 9:00 AM CET |
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