Other Briefings
Each week we summarize the most recent, developing, and important Vietnam news into one easy to read digest. Here are the top recent Vietnam news summaries.
Vietnam Sets Record for Newly Established Firms in the First Five Months of 2024
Nearly 65,000 firms entered the Vietnam market in the first five months of 2024 – the highest record ever with a 4.5 percent y-o-y increase.
Vietnam Government Proposes Extending 2% VAT Reduction on Specific Goods and Services till End of 2024
The Vietnam government’s proposal to extend the 2 percent VAT reduction is expected to be approved at the 7th session of the 15th National Assembly.
Vietnam’s 2024 Law on Credit Institutions
Financial analysts expect the upcoming 2024 Law on Credit Institutions to enhance the security of Vietnam’s credit institutions by strengthening risk prevention measures, increasing oversight of credit entities, and deterring cross-ownership and undue influence in the sector.
HCMC, Hanoi Among World’s 10 Fastest-Developing Cities: New Report
HCMC and Hanoi rank second and sixth, respectively, among the world’s fastest-developing cities, per the Growth Hubs Index by Savills property consultancy.
Vietnam’s Agrifood Export Potential: Key Guidelines for Trade Businesses
We discuss Vietnam’s expanding agrifood export market potential and offer practical advice for trade businesses to thrive globally.
Vietnam Releases the 2023 PCI-PGI Report: Top Performers and Key Observations
The 2023 Provincial Competitiveness Index (PCI) and Provincial Governance Index (PGI) report provides valuable insights for foreign investors in Vietnam. We discuss the key findings.
Vietnam’s Packaging Industry: Investment Outlook
Vietnam’s packaging industry is booming, with a projected 15-20% growth rate and over 14,000 enterprises. Despite challenges, the sector is innovating and focusing on sustainability.
The Laboratory Market in Vietnam: Current Trends and Future Prospects
The laboratory market in Vietnam is growing rapidly due to rising investment, healthcare awareness, and industrial testing requirements.
Vietnam Defines E-Money for the First Time, Excludes Virtual Currencies from its Scope
In effect from July 1, 2024, Decree 52 defines e-money in Vietnam as “the equivalent value in VND stored electronically,” based on prepaid money deposited with banks or provided to payment service organizations and excludes virtual currencies like bitcoin.
Complying with Vietnam’s Personal Data Protection Decree: New Publication Out Now
‘Complying with Vietnam’s Personal Data Protection Decree’ discusses key legislative updates and compliance obligations for businesses and is free to download.
