Domestic EV Major VinFast Gets Ambitious with New India Factory

Industries

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.

Industries

Vietnam EV Industry: Understanding the B2B Opportunity for Foreign Firms

As the nascent Vietnam electric vehicle (EV) industry enters a boom phase, plenty of business-to-business (B2B) opportunities exist for foreign firms. We discuss what it means to have a first-mover advantage in this market.

Industries

What is Vietnam’s Mining Capacity for EV Batteries?

Vietnam is set to become a hub for lithium-ion battery production given the country's nickel reserves and global demand for electric vehicles.

Industries

Investing in Vietnam’s Sustainable Future: A Guide for European Companies

Being at the cutting edge of renewable energy technology and climate solutions, EU companies are uniquely positioned to benefit from Vietnam's transition to a sustainable economy. Here's how.

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Vietnam Briefing

Economy & Trade

Economy & Trade

Australia-Vietnam Collaboration on Sustainable Development

Feb 28

Australia and Vietnam are collaborating in a number of ways on green and sustainable development. Here’s what that looks like.

  • Vietnam's Cross-Border Payments Infrastructure and ASEAN

    Economy & Trade Feb 27

    Vietnam’s central bank has signed a memorandum of understanding to develop its cross-border payments service system with five other ASEAN member countries.

  • Vietnam-Sweden Trade Overview

    Economy & Trade Feb 26

    The EVFTA has changed the face of trade between Vietnam and the European Union. In this article, the Vietnam Briefing considers the specifics of what this has meant for trade between EU member Sweden and Vietnam.

  • Vietnam’s January Two-Way Trade Tops US$65.43 Billion

    Economy & Trade Feb 23

    Vietnam’s two-way trade in January hit US$65.43. This article breaks down where its imports came from and where its exports went.

  • An Investor’s Guide to Ba Ria-Vung Tau

    Economy & Trade Feb 22

    Ba Ria-Vung Tau is becoming an increasingly important manufacturing hub in Vietnam with a slew of big firms starting new projects in the province in 2023. Here’s why.

 

Tax & Accounting

Tax & Accounting

Taxes for Foreign E-commerce Firms Earning an Income in Vietnam

Feb 14

Foreign e-commerce firms selling goods or services in Vietnam are now required to pay foreign contractor tax. Here's what foreign firms should know about this latest development.

  • Vietnam Tax Updates for the New Year 2024

    Tax & Accounting Jan 05

    In the first week of the new year there were a handful of changes to taxes in Vietnam that foreign firms may need to be aware of. Here’s what they are.

  • Draft Global Minimum Tax Support Fund Unveiled

    Tax & Accounting Jan 02

    Vietnam’s Ministry of Planning and Investment has released a draft decree outlining an Investment Support Fund to counter the impacts of the Global Minimum Tax. Here are the details.

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

    Tax & Accounting 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.

 

Legal & Regulatory

Legal & Regulatory

Vietnam’s 2024 Land Law: Significant Amendments and Key Changes

Feb 13

The 2024 amended Land Law in Vietnam brings significant changes to land valuation, rent payments, land use terms, and dispute resolution mechanisms.

  • Settling Business Disputes: Commercial Arbitration in Vietnam

    Legal & Regulatory Feb 12

    Vietnamese law permits the inclusion of dispute resolution clauses in commercial contracts through the Commercial Arbitration Law of 2010. Here's a breakdown of key provisions of the law and what foreign firms should pay attention to.

  • How to Register a Trademark in Vietnam

    Legal & Regulatory Feb 09

    Intellectual property can be crucial to a firm's success. Here's what foreign firms need to know about registering trademarks in Vietnam.

  • Thai Nguyen’s Development Master Plan for 2021 to 2030

    Legal & Regulatory Jan 31

    Thai Nguyen has become a hive of manufacturing in recent years and is still drawing huge investments from foreign firms. In this light, the Vietnam Briefing takes a look at what key decision-makers have planned for the future of the province.

  • Vietnam's Amended Law on Credit Institutions Approved

    Legal & Regulatory Jan 25

    Last week, Vietnam’s National Assembly voted to approve amendments to the Law on Credit Institutions. Here are the details.

Industries

Industries

Domestic EV Major VinFast Gets Ambitious with New India Factory

Feb 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

Planning for Uncertainty: Global Staffing Solutions to Facilitate Your Vietnam Market Entry

Feb 21

Global Staffing Solutions is a flexible entry strategy for businesses to test the Vietnamese market without needing to physically set up an operation.

 

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