Other Briefings
Vietnam Considers 9-Day Tet Break for 2025
The Vietnam government is positively considering a 9-day Tet break for 2025 from January 25 to February 2. Proposals for extended breaks during other national holidays are also under review. Foreign investors and vendors planning business meetings should be mindful of the country’s public holiday schedules when arranging visits.
Vietnam Fintech and Payroll Innovation: Understanding the Concept of Earned Wage Access Services
Earned Wage Access (EWA) services is a relatively new fintech concept in Vietnam, aligning with policies aimed at promoting financial inclusion. Although this service segment is still in its early development stage, it has the potential to provide financial services and products to a significant underbanked population that often relies on dubious loan providers.
Vietnam’s First Draft of New Personal Data Protection Law (PDPL) Released for Public Comments
On September 24, 2024, the Vietnamese government issued the first draft of a new Law on Personal Data Protection (PDPL) for public feedback. The draft law has more stringent provisions than the Personal Data Protection Decree and is potentially set to take effect from January 1, 2026.
Insights into the Vietnam Workforce in 2024: Key Takeaways for Businesses
We explore key shifts and attitudes among the Vietnam workforce in 2024 per recent reports as they cope with technology-led workplace transformation, pursue meaning work in areas of green-impact and sustainability, and increasingly seek work-life balance.
The Footwear Market in Vietnam: Trends and Opportunities
The footwear market in Vietnam is on a steady growth trajectory, driven by an expanding customer base, growing middle-class population, and evolving preferences. We discuss the key market trends and Vietnam consumer outlook to 2030.
Samsung’s US$1.8 Billion Investment to Boost Vietnam’s OLED Manufacturing Capacity
Samsung Display Co. will invest an additional US$1.8 billion in a new OLED manufacturing plant in Bac Ninh province in northern Vietnam. This is in keeping with Samsung’s commitment to invest around US$1 billion per year in Vietnam.
Q&A: Understanding Vietnam’s Customs Guidelines on Special Cases in 2024
In 2024, Vietnam’s General Department of Customs (GDC) released multiple official letters guiding customs procedures during special events, including tax-free imported goods repurposing, system failures, and maintaining tax incentives after project ownership changes.
Managing Your Vietnam Business Recovery in the Aftermath of Typhoon Yagi
We discuss the business recovery process and key banking, insurance, tax, and risk management considerations for impacted firms and factories in the aftermath of Typhoon Yagi.
Impact of Typhoon Yagi on Vietnam: Economic Damage and Recovery Efforts
The full extent of Typhoon Yagi’s damages in Vietnam is still being assessed, with several key sectors severely impacted. To expedite economic recovery, the government has instructed relevant ministries and agencies to develop comprehensive recovery plans.
Vietnam’s Import-Export Regime: Managing Customs and Accessing Tax Benefits
In this Vietnam Briefing report, available as a free download from the Asia Briefing Publication Store, we examine Vietnam’s import-export regulatory regime, latest legal and tax updates, and the VAT refund process.
