Demand for animal feed in Vietnam has increased sharply as farmers and livestock ranchers increase activity in the nation following its economic recovery.
Tax, Accounting, and Audit in Vietnam 2014-2015, which is out now and available for download in the Asia Briefing Bookstore, offers a comprehensive overview of the major taxes foreign investors are likely to encounter when operating a business in Vietnam, as well as other tax-relevant obligations.
On June 18, 2014, Vietnam’s Ministry of Finance published Circular 78, which provides additional guidance regarding Decree 218 on corporate income tax incentives and deductions. The Circular will come into effect on August 2, 2014 and will be effective for the whole 2014 tax year.
On July 29, Intel announced that it had produced the first made-in-Vietnam CPU. By the end of this year, Intel expects to manufacture 80 percent of their CPUs for the world market in Vietnam.
Despite a still recovering economy, demand for workers in Vietnam is seeing strong growth. However, supply and skills have not kept up with this increasing need.