Foreign Contractor Tax in Vietnam: A Complete Guide

Tax & Accounting

Vietnam’s foreign contractor tax is a withholding tax that may affect your business if you’re working with a Vietnamese company or sub-contractor. Here’s how.

Legal & Regulatory

Vietnam’s Extended Producer Responsibility Policy: Company Recycling Obligations

Vietnam's amended Environment Protection Law (EPL) in 2022 introduced a new “extended producer responsibility” (EPR) policy which places the burden of responsibility to recycle on companies.

Legal & Regulatory

Vietnam Decree 23 Outlines Bidding Processes for Key Sectors Projects

Vietnam has introduced comprehensive regulations via Decree 23 on the bidding processes for project implementation and investor selection. It follows the New Bidding Law that came into force beginning of 2024.

Economy & Trade

Why Cambodia’s Funan Techo Canal Project is Worrying Vietnam

The Funan Techo Canal project linking Phnom Penh to the coastal province of Kep has socioeconomic, political, and environmental implications for Vietnam.

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Economy & Trade

Economy & Trade

Vietnam Seafood Exports Soar in Q1 2024, Sets Up Annual Target of US$9.5bn

May 21

As Vietnam's seafood exports surge in the early months of 2024, the industry association VASEP targets US$9.5 billion for the year's revenue. Key export markets remain the US, China, Hong Kong, and Japan.

 

Tax & Accounting

Tax & Accounting

Foreign Contractor Tax in Vietnam: A Complete Guide

May 27

Vietnam’s foreign contractor tax is a withholding tax that may affect your business if you’re working with a Vietnamese company or sub-contractor. Here’s how.

 

Legal & Regulatory

Legal & Regulatory

Vietnam’s Latest Draft Decree on Sanctions for Cybersecurity Violations

May 20

Vietnam's latest draft decree on sanctions for violations in cybersecurity and data protection targets implementation by June 1, 2024.

Industries

Industries

Vietnam Seafood Exports Soar in Q1 2024, Sets Up Annual Target of US$9.5bn

May 21

As Vietnam's seafood exports surge in the early months of 2024, the industry association VASEP targets US$9.5 billion for the year's revenue. Key export markets remain the US, China, Hong Kong, and Japan.

  • Dong Nai Province, Vietnam: Opportunities in the Leading Industrial Production Hub

    Industries May 06

    Dong Nai province, in the southern region, is a prime choice for foreign companies in Vietnam with its strong infrastructure, logistics connectivity, and industrial parks. We profile its key advantages that has made it among the top ranked destinations for FDI in the country across multiple business lines.

  • Vietnam’s Imported Meat Market: Growth Drivers and Regulatory Requirements

    Industries Apr 30

    We examine Vietnam's imported meat market, including demand growth drivers and regulatory requirements for foreign producers and exporters.

  • Vietnam Adopts Hydrogen Energy Strategy to Boost Energy Transition

    Industries Apr 10

    In a new strategy, Vietnam has laid out a range of development targets for the hydrogen industry for the period to 2030 and with a vision to 2050, which will support the country's sustainability and decarbonization goals. The Hydrogen Energy Strategy came into effect on February 7, 2024, and will be of interest to international investors and R&D stakeholders in the energy domain.

  • Domestic EV Major VinFast Gets Ambitious with New India Factory

    Industries Mar 29

    Homegrown auto major, VinFast, is establishing a factory in southern India to manufacture electric vehicles, targeting the India, South Asian, Middle East, and African markets. It is testament to Vietnam's rapidly advancing electric vehicle ecosystem and capacity for domestic innovation.

 

HR & Payroll

HR & Payroll

Applying for a Vietnam Work Permit: Guidelines for Foreigners and Employers

May 13

Vietnam has amended certain provisions regarding hiring foreign workers and the issuance of work permits. We provide the details.

 

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