Vietnam’s Strategy to Attract and Develop Talent

Human Resources & Payroll

Vietnam’s skilled labor force has been a key point of interest for foreign firms of late. This is on the back of a strong push from the Vietnamese government toward developing the country’s high-tech industries, semiconductors in particular. It’s with this in mind that the Vietnam Briefing looks at how Vietnam plans to develop its workforce.

Human Resources & Payroll

Vietnam's Public Holidays in 2024

Vietnam Briefing outlines Vietnam’s official public holidays in 2024. Businesses should take note of the holiday schedule and plan accordingly.

Tax & Accounting

Tax Update: Global Minimum Tax, VAT Tax Reduction Confirmed for 2024

In a busy week at Vietnam’s National Assembly, a VAT tax reduction has been approved alongside a top-up tax in response to the OECD Global Minimum Tax initiative. Here’s the details.

Industries

Due Diligence Procedures for Real Estate M&A in Vietnam

Vietnam is becoming an increasingly attractive destination for mergers and acquisitions (M&As), and the country’s real estate sector is a major contributor to this trend. Here’s what firms should know about due diligence in real estate M&As.

Get free access to our subscriptions and publications

Subscribe to receive weekly Vietnam Briefing news updates, our latest doing business publications, and access to our Asia archives.

Sign Up Now
Vietnam Briefing

Economy & Trade

Economy & Trade

Vietnam’s National Green Growth Strategy: Unpacked

Dec 07

Last week, Vietnam released its Resource Mobilisation Plan (RMP) for the Just Energy Transition Partnership it formed last year. But the RMP is just one pillar of a multifaceted approach to Vietnam’s green energy transition, in this article Vietnam briefing looks at one other: the National Strategy on Green Growth Strategy.

 

Tax & Accounting

Tax & Accounting

Tax Update: Global Minimum Tax, VAT Tax Reduction Confirmed for 2024

Nov 30

In a busy week at Vietnam’s National Assembly, a VAT tax reduction has been approved alongside a top-up tax in response to the OECD Global Minimum Tax initiative. Here’s the details.

  • Completing an Effective Stock Take in Vietnam

    Tax & Accounting Nov 28

    As the year draws to a close, firms will likely need to perform a stock take. With this in mind, the Vietnam Briefing runs through what firms need to do to ensure their stock take is as simple, quick, and effective as possible.

  • Bookkeeping for Tax Compliance Purposes in Vietnam

    Tax & Accounting Nov 21

    In the event of an audit, accurate tax records can be crucial in ensuring the process is as smooth and quick as possible. In this article, Vietnam Briefing breaks down the requirements for accounting records in Vietnam.

  • An Overview of Vietnam’s Environmental Protection Tax

    Tax & Accounting Nov 14

    On the books since 2010, Vietnam’s Environmental Protection Tax has been a key pillar of Vietnam’s transition to a cleaner, greener economy. In this article, we break down the key details foreign investors should know.

  • Vietnam’s Natural Resource Tax 2023

    Tax & Accounting Nov 02

    Companies engaged in the extraction of natural resources in Vietnam are subject to tax obligations on these resources. Here's what they are.

 

Legal & Regulatory

Legal & Regulatory

Vietnam’s Just Energy Transition Partnership Resource Mobilization Plan: Unpacked

Dec 05

Vietnam’s Just Energy Partnership Resource Mobilization Plan (JETP-RMP) has been completed and was presented last Friday at the Conference of Parties 28 in Dubai. Here are the key takeaways from the plan.

  • Navigating Foreign Loans in Vietnam: Key Considerations

    Legal & Regulatory Nov 27

    Navigating foreign loans in Vietnam demands a nuanced grasp of regulations and key considerations. Here’s a short overview of what foreign firms should know.

  • Investing in Logistics Businesses in Vietnam for Foreign Firms

    Legal & Regulatory Nov 20

    An evermore important link in global supply chains, getting goods into, around, and out of Vietnam quickly and easily is becoming increasingly important. In this article, we look at the regulations around investing in logistics services in Vietnam.

  • Refurbished Goods, Vietnam, and the CPTPP: Unpacked

    Legal & Regulatory Nov 13

    Broadly speaking, Vietnam has been averse to importing secondhand goods. However, this may soon change with refurbished goods clauses in several next-generation free trade agreements. Here’s how local regulations on the import of refurbished goods are shaping up with respect to the CPTPP.

  • Vietnam Amends Law on Electronic Transactions: Implications for Foreign Firms

    Legal & Regulatory Nov 08

    The law in Vietnam on e-transactions, issued in March 2006, exhibits some shortcomings concerning modern electronic transactions. Therefore, to promote electronic trade, the National Assembly of Vietnam in June 2023 approved the revised Law on Electronic Transactions. Here’s what this might mean for foreign firms.

Industries

Industries

Investing in Cinnamon in Vietnam: Opportunities and Challenges

Dec 04

Vietnam is among the world’s biggest cinnamon exporters though this is mostly raw product with little value added. This could be an opportunity for foreign food processing firms to enter the market in a myriad of ways. In this article, we discuss what those ways are.

  • Due Diligence Procedures for Real Estate M&A in Vietnam

    Industries Nov 29

    Vietnam is becoming an increasingly attractive destination for mergers and acquisitions (M&As), and the country’s real estate sector is a major contributor to this trend. Here’s what firms should know about due diligence in real estate M&As.

  • Exploring Investment Opportunities in Vietnam’s Film Industry

    Industries Nov 24

    The Vietnamese film "Tet o lang Dia Nguc" (Hellbound Village) occupied the top spot for weeks in Vietnam on streaming platforms Netflix and K+ Original, proof that Vietnamese films are becoming increasingly popular. This presents myriad investment opportunities for foreign movie makers, investors, and distributors. Here’s where they are.

  • Investment Opportunities in Vietnam's Dairy Sector

    Industries Nov 16

    Vietnam’s dairy sector is experiencing strong sales growth on the back of a middle-class that is expanding by the day. In this article, Vietnam Briefing examines opportunities in the sector for foreign firms but also the hurdles they may face.

  • The Future of Vietnam’s Pharmaceutical Industry: Unpacked

    Industries Nov 09

    As a result of Vietnamese consumers having more money to spend on their healthcare, Vietnam’s pharmaceutical industry is booming. Here’s how Vietnam plans to manage that boom between now and 2030, and where it might be by 2045.

 

HR & Payroll

HR & Payroll

Vietnam’s Strategy to Attract and Develop Talent

Dec 08

Vietnam’s skilled labor force has been a key point of interest for foreign firms of late. This is on the back of a strong push from the Vietnamese government toward developing the country’s high-tech industries, semiconductors in particular. It’s with this in mind that the Vietnam Briefing looks at how Vietnam plans to develop its workforce.

  • Vietnam's Public Holidays in 2024

    HR & Payroll Dec 01

    Vietnam Briefing outlines Vietnam’s official public holidays in 2024. Businesses should take note of the holiday schedule and plan accordingly.

  • Labor Outsourcing in Vietnam in 2023

    HR & Payroll Nov 23

    One way to manage a firm’s workforce through peaks and troughs in demand is by utilizing labor outsourcing. In this article, the Vietnam Briefing outlines the conditions for foreign firms with respect to labor outsourcing in Vietnam.

  • Vietnam’s National Program for Increasing Labor Productivity: Key Takeaways

    HR & Payroll Nov 15

    Last week, the Prime Minister of Vietnam approved the National Program for Increasing Labor Productivity to 2030. Here is how Vietnam intends to improve productivity in its workforce.

  • Vietnam Q3 Labor Market Update: Increase in Workers, Employment

    HR & Payroll Nov 03

    Vietnam’s General Office of Statistics has released its Q3 2023 labor market and employment update. Here’s what it says about Vietnam’s human resources at the end of September this year.

 

Expert Guidance about Business in Asia

Dezan Shira & Associates is a pan-Asia, multi-disciplinary professional services firm, providing market entry, legal, accounting, tax, HR, technology and operational advisory to international investors.

Business Updates for All Asia Markets

Asia Briefing publishes articles, magazines, and guides on doing business in Asia. Dezan Shira & Associates has produced the publication since 1999.

About Asia Briefing Ask Us a Question

Need More Guidance?

Vietnam Briefing Publications

Download magazines and guides on doing business in Vietnam.

Download Now
Back to top