Vietnam Briefing

Australia-Vietnam Ties Poised to Strengthen in PM Albanese’s New Term

Economy & Trade

Australia’s re-elected Labor government signals continuity in Asia-Pacific engagement, with a strategic focus on Vietnam, climate partnerships, digital transformation, and resilient regional trade. 

Australia-Vietnam Ties Poised to Strengthen in PM Albanese’s New Term
How Are US Tariff Threats Affecting the Vietnamese Electronics Industry?
Economy & Trade

How Are US Tariff Threats Affecting the Vietnamese Electronics Industry?

Vietnam is rapidly emerging as a vital hub for electronics manufacturing as businesses seek cost-effective production sites with strong trade connections. However, US tariff threats could have significant implications for Vietnam’s electronics industry.

Vietnam’s Data Regulations: Part 1- Draft Decree for Data Law Implementation
Industries

Vietnam’s Data Regulations: Part 1- Draft Decree for Data Law Implementation

In this series about data regulation in Vietnam, we explore the key aspects of the proposed regulations and their potential impact on data-related businesses in the country. This article specifically focuses on the draft Implementation Decree, which aims to clarify the general provisions outlined in the Data Law.

Vietnam's Tax and Transfer Pricing Compliance: Key Updates in 2025
Tax & Accounting

Vietnam's Tax and Transfer Pricing Compliance: Key Updates in 2025

This article outlines the key developments that stakeholders should be aware of in order to navigate Vietnam's tax and transfer pricing compliance effectively in 2025.

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Vietnam Briefing

Economy & Trade

Australia-Vietnam Ties Poised to Strengthen in PM Albanese’s New Term
Economy & Trade

Australia-Vietnam Ties Poised to Strengthen in PM Albanese’s New Term

May 15

Australia’s re-elected Labor government signals continuity in Asia-Pacific engagement, with a strategic focus on Vietnam, climate partnerships, digital transformation, and resilient regional trade. 

Publications

 

Tax & Accounting

Vietnam's Tax and Transfer Pricing Compliance: Key Updates in 2025
Tax & Accounting

Vietnam's Tax and Transfer Pricing Compliance: Key Updates in 2025

Apr 29

This article outlines the key developments that stakeholders should be aware of in order to navigate Vietnam's tax and transfer pricing compliance effectively in 2025.

  • Invoice Compliance in Vietnam: Key Changes under Decree 70

    Tax & Accounting Apr 10

    Effective June 1, 2025, Decree 70/2025/ND-CP will amend and supplement a broad range of provisions under Decree 123/2020/ND-CP, which prescribes the issuance and maintenance of invoices and records. This article outlines key changes specified under the new decree, as well as compliance advisory for regulated firms.

  • Profit Repatriation in Vietnam: A Brief Guide in 2025

    Tax & Accounting Mar 24

    Vietnam has established clear regulations regarding profit repatriation for foreign investors, aiming to create a transparent and orderly process for foreign investors. This article explores the necessary procedures for transferring profits derived from direct investments in Vietnam and the required documentation for notification of profit remittance.

  • Vietnam Introduces Tax Department under Decision 381

    Tax & Accounting Mar 21

    On February 26, 2025, Vietnam officially terminated its General Department of Taxation and introduced a new model. This article examines the functions, responsibilities, and the new organizational structure of Vietnam's tax system.

  • Q&A: Compliance with Vietnam’s Transfer Pricing Rules

    Tax & Accounting Mar 04

    The 2024 tax finalization, which ends on March 31, 2025, and the transfer pricing compliance declaration pose significant challenges for businesses engaged in related party transactions to comply with current and newly updated rules. This article addresses the most common questions we encounter when supporting our clients navigating Vietnam’s transfer pricing regulations.

Publications

 

Legal & Regulatory

Major Regulatory Updates in Vietnam Effective May 2025: What Businesses Need to Know
Legal & Regulatory

Major Regulatory Updates in Vietnam Effective May 2025: What Businesses Need to Know

May 14

Major regulatory updates in Vietnam, effective May 2025, cover foreign ownership in finance, fuel price control, statistical reform, and economic classification.

Publications

Industries

Vietnam Enhances Incentives for National Innovation Center: Implications for Business and Startup Community
Industries

Vietnam Enhances Incentives for National Innovation Center: Implications for Business and Startup Community

May 14

On May 5, 2025, Vietnam introduced Decree No. 97/2025/ND-CP (“Decree 97”), providing incentives for the National Innovation Center (NIC) to create a more favorable environment to foster innovation among the country’s business community.

  • Vietnam Automotive Industry in 2025: Growth, Tariff Impacts and Future Outlook

    Industries May 12

    Amidst disruptive supply chains and global trade uncertainties, Vietnam’s automotive sector is still undergoing a critical phase of growth with strong government backing, increasing foreign investment, and growing consumer demand, especially for electric vehicles (EVs).

  • Transforming Business Operations with ERP Application – New Publication Out

    Industries May 09

    The magazine covers the essentials of ERP systems in optimizing business operations, spotlighting the growth of Vietnam’s ERP market fueled by SME adoption and governmental support, and examines tailored ERP solutions for manufacturers to tackle industry-specific challenges.

  • Vietnam-India New Direct Flight Routes: A Boost to Tourism and Business

    Industries May 08

    Vietnam Airlines has launched new direct flights to Bengaluru and Hyderabad, enhancing tourism and commercial connections between Vietnam and India’s leading tech hubs. As Vietnam rapidly emerges as one of Southeast Asia’s most dynamic tourism and business destinations, these recent expansions in air connectivity with India represent a significant milestone in the Vietnam-India relationship.

  • Vietnam’s Textile Sector Amid US Tariff Pressures: Risks and Opportunities

    Industries May 07

    The textile and garment industry is a cornerstone of Vietnam’s export-driven economy, but it now faces significant challenges amidst proposed US tariffs. As the country navigates these geopolitical pressures, the sector is exploring strategies for resilience and long-term sustainability.

Publications

 

HR & Payroll

Vietnam’s Public Holidays: Planning for Reunification and Labor Day
HR & Payroll

Vietnam’s Public Holidays: Planning for Reunification and Labor Day

Apr 22

As Reunification Day and International Labor Day approach in Vietnam, this article provides essential insights to facilitate effective business operations planning. It is beneficial for both employers and employees to ensure a seamless holiday experience despite anticipated traffic disruptions from the festivities.

  • Vietnam’s Visa for Indian Tourists: A Brief Guide

    HR & Payroll Feb 26

    Vietnam is a popular destination for Indian tourists, recording a significant rise in visitor numbers recently. This article provides a concise guide on Vietnam travel options and visa requirements to ensure an enjoyable trip for Indian citizens.

  • Vietnam’s Legal Framework for Probationary Contracts: Implications for Businesses

    HR & Payroll Feb 19

    The Vietnamese government regulates probationary contracts to protect workers' rights, with a clear legal framework in place for the initial employment phase. This article examines the types of probationary contracts in Vietnam and their corresponding social insurance obligations.

  • Vietnam's 2025 Job Market: Opportunities and Challenges

    HR & Payroll Feb 12

    Vietnam's 2025 job market post-Tet is set for dynamic shifts, with increased hiring and job mobility across sectors. We present key market insights from HCMC, Hanoi, and prominent industrial hubs.

  • Vietnam’s Personal Tax Code: Key Changes under Circular 86

    HR & Payroll Jan 29

    Circular 86 will be implemented in two phases: the first phase, effective February 6, 2025, enforces all provisions except for the use of citizen ID numbers in tax-related functions. In the second phase, starting July 1, 2025, ID numbers will officially replace tax codes.

Publications

 

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