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  • Hong Kong Investment into Vietnam at Peak

    Hong Kong's US$3bn Vietnam investment ranks it the second largest capital investor in Vietnam for 2014, according to Vietnam's Ministry of Planning and Investment.
  • Vietnam Regulatory Brief: Tax, Customs, and Bankruptcy

    Of the many laws and regulations which came into effect at the beginning of 2015, Vietnam Briefing has selected three with significant relevance to foreign investors in the country or who are interested in entering. Wide-scale tax reforms have been implemented, along with changes to customs and bankruptcy pro...
  • Vietnam's Growing Tech Capabilities Attract Foreign Investment

    While Vietnam may be more well-known for its sizeable garment manufacturing capabilities, investors may be surprised to learn of the country’s growing technical expertise. High tech companies are starting to flow into the country as they seek to take advantage of the low-cost, young, fast learning, and rapi...
  • 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...

Economy & Trade

Hong Kong Investment into Vietnam at Peak

Hong Kong Investment into Vietnam at Peak

Hong Kong’s US$3bn Vietnam investment ranks it the second largest capital investor in Vietnam for 2014, according to Vietnam’s Ministry of Planning and Investment.

Tax & Accounting

Vietnam on Track to Reduce the Time Businesses Will Spend Paying Taxes

Vietnam on Track to Reduce the Time Businesses Will Spend Paying Taxes

The Department Deputy Head, Hoang Thi Lan Anh, of Vietnam’s General Department of Taxation Reform has confirmed the government’s commitment to reduce the time spent paying taxes and social insurance in Vietnam to the ASEAN average of 171 hours by the end of 2015.

Legal & Regulatory

Vietnam Regulatory Brief: Tax, Customs, and Bankruptcy

Vietnam Regulatory Brief: Tax, Customs, and Bankruptcy

Of the many laws and regulations which came into effect at the beginning of 2015, Vietnam Briefing has selected three with significant relevance to foreign investors in the country or who are interested in entering. Wide-scale tax reforms have been implemented, along with changes to customs and bankruptcy procedures.

Industries

Vietnamese Seafood Exports Strong in 2014 but Difficult to Maintain in 2015

Vietnamese Seafood Exports Strong in 2014 but Difficult to Maintain in 2015

Vietnamese seafood exports surged in 2014 with an export turnover of US$7.9 billion, its highest point in three years. This exceeded the target of the Vietnam Association of Seafood Exporters and Producers (VASEP) by US$920 million and was an 18.4 percent increase on 2013. The main seafood exports from Vietnam, by value of exports, are frozen shrimp, pangasius catfish, tuna and other fish, mollusks and crustaceans.

Human Resources & Payroll

Vietnam Updates Visa Categories, Expands Visa-Free Access

Vietnam Updates Visa Categories, Expands Visa-Free Access

Vietnam’s Law on Entry, Exit, Transit, and Residence of Foreigners in Vietnam came into effect on January 1, 2015, doubling the number of visa categories to 20. Of particular note, foreigners are no longer permitted to change their visa category once inside Vietnam. Therefore, the option of arriving on a tourist visa, applying for a work permit and changing visa categories is no longer available.

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