Featured News

  • Why Vietnam? A Guide for U.S. Investors

    As recently reported by Vietnam Briefing, Vietnam is on track to become the largest supplier in ASEAN to the United States. With its growing role in supplying goods to the U.S., it’s time to take a look at why American companies should be interested in investing in Vietnam, if they’re not already there.
  • Key ASEAN Industries in Vietnam for Foreign Investors

    As Vietnam experiences greater integration into the ASEAN community the country is seeing strong growth in a number of industries, among the key business areas are electronics, information and communications technology, textiles and apparel, and medical devices. Foreign investors seeking to find the next man...
  • Asia Briefing Ltd. Announces New Logo for Vietnam Briefing

    Asia Briefing, the business publishing house owned by professional services firm Dezan Shira & Associates, is proud to announce the introduction of its new logo for Vietnam Briefing. Just as Vietnam is currently going through dynamic changes in its economy and culture, we felt it was time to create a logo tha...
  • Transferring Capital and Profit Into and Out of Vietnam

    Foreign exchange control is a paramount concern of all foreign investors entering into Vietnam, as regulations on capital inflows and outflows have a great influence on operations and profit. These transactions include transferring capital into and out of the country, opening and using bank accounts, borrowin...
  • Understanding How to Hire and Pay Staff in Vietnam

    Having a clear understanding of how to hire and pay your employees in Vietnam is crucial to ensuring your company's success. In this article we take you through the regulations surrounding the hiring of employees and provide a discussion on wages.

Economy & Trade

Vietnam and South Korea Complete Free Trade Agreement

Vietnam and South Korea Complete Free Trade Agreement

South Korea and Vietnam have concluded negotiations for a bilateral free trade agreement (FTA) at a signing ceremony in Busan witnessed by Vietnamese Prime Minister Nguyen Tan Dung and South Korean President Park Geun-hye. The FTA will remove import tariffs on more than 90 percent of all products.

Tax & Accounting

Navigating Personal Income Tax in Vietnam

Navigating Personal Income Tax in Vietnam

Paying Personal Income Tax (PIT) is one of the key financial obligations that employers and employees have in Vietnam. In this article, we attempt to clarify some of the key regulations and tax rates involved with the payment of PIT.

Legal & Regulatory

Transferring Capital and Profit Into and Out of Vietnam

Transferring Capital and Profit Into and Out of Vietnam

Foreign exchange control is a paramount concern of all foreign investors entering into Vietnam, as regulations on capital inflows and outflows have a great influence on operations and profit. These transactions include transferring capital into and out of the country, opening and using bank accounts, borrowing foreign loans and paying foreign debts, dealing with currency exchanges, government reporting, and handling violations.

Industries

Vietnam Coffee Production to Decline in 2015

Vietnam Coffee Production to Decline in 2015

Global coffee demand is expected to increase over the next year, however production in Vietnam, the world’s second largest producer of robusta beans, is forecast to decline due to factors such as inclement weather, aging trees, lack of moisture, and disease. Additionally, many Vietnamese farmers have been holding back their crops from the market as a way to further increase prices.

Human Resources & Payroll

Vietnam Minimum Wage Increases Spark Investor Uncertainty

Vietnam Minimum Wage Increases Spark Investor Uncertainty

The Vietnamese government has issued a decree to increase the country’s minimum salary by between VND250,000-VND400,000 (US$12-$19) starting January 1, 2015. This will bring the wage floor to between VND2.15 million-VND3.1 million ($101.4-$146.2) depending on the region.

Asia Briefing Bookstore Catalogue 2013
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