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Vietnam’s 2024 VAT Law: Key Provisions and Changes to the VAT Regime

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Vietnam’s 2024 Law on Value-added Tax (VAT) will take effect from July 1, 2025 and the 2% reduced VAT regime is extended till end June 2025.

NVIDIA Expansion into Vietnam: Potential for AI Sector Growth

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NVIDIA, a leading American AI computing company, has recently shown strong interest in Vietnam’s market alongside other technology giants expanding into Southeast Asia.

Driving Growth: Business Opportunities in Vietnam’s North-South High-Speed Railway Project

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We explain how Vietnam’s North-South high-speed railway project will upgrade its underdeveloped rail system and boost logistics performance.

Vietnam’s Top Investors and FDI Beneficiaries – January to November 2024

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Vietnam’s top investors in 2024 (January-November) were Singapore with US$9.14 billion, followed by South Korea, China, Hong Kong, and Japan, dominating 77 percent of total investments.

Vietnam Amends 9 Laws: Major Changes to Financial & Tax Regulations

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Key changes to existing regulations on securities, accounting, independent audits, tax management, and personal income tax are expected to have a significant impact on Vietnam’s business and investment environment.

Nghe An Province Approves US$590 Million Singaporean Textile Investment

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The Mega Textile-Vietnam factory, to be constructed in the Tho Loc Industrial Park within the Southeast Nghe An Economic Zone, will cover 51 hectares. It is set to produce 67,200 tonnes of fabric, 10,300 tonnes of knitted goods, 7,200 tonnes of coloured yarn, 130 million clothing items, 100 million belts, and 2.2 million semi-finished products annually.

Vietnam and China Manufacturing: Key Comparisons for Business Strategies

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As companies seek to diversify their supply chains, Vietnam has become a prominent “China Plus One” destination, offering businesses a strategic manufacturing base in Asia.

Investing in Vietnam’s Modernizing Logistics Sector – New Publication Out

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With its strategic geographic position, rapidly expanding industrial infrastructure, and government initiatives aimed at enhancing the logistics environment, Vietnam offers a wealth of opportunities for both domestic and international investors.

Vietnam’s New Internet Regulation: Decree 147/2024

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Vietnam’s new Decree No. 147/2024 introduces stringent regulation for internet services, imposing stricter compliance on onshore and offshore providers and reshaping access, content moderation, and user data management.

Nam Dinh Province Announces It Will Develop Two New Industrial Clusters

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The Red River Delta province of Nam Dinh is set to expand its industrial landscape with the establishment of two new industrial clusters: Thang Cuong and My Thuan.

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