Other Briefings
Vietnam Construction Sector Grows by 7.48% in First Nine Months of 2024
The construction sector in Vietnam has shown significant growth during the first nine months of 2024, registering a 7.48 percent increase compared to the same period in 2023.
Foreign Contractor Tax in Vietnam: A Complete Guide
Vietnam’s foreign contractor tax is a withholding tax that may affect your business if you’re working with a Vietnamese company or sub-contractor. Here’s how.
Resurgence of Enterprises in Vietnam in First 9 Months of 2024
Nearly 121,900 new enterprises were established in the first nine months of this year in Vietnam, with total registered capital at around 1.158 quadrillion VND.
Bac Ninh Attracts Most FDI in Vietnam During First 9 Months of 2024
Bac Ninh province has emerged as a leader in foreign direct investment (FDI) attraction in Vietnam, securing over US$4.2 billion in investments from January to September 2024.
An Introduction to Vietnam’s Leading Import and Export Industries
We discuss Vietnam’s top import and export industries, including electronics, pharmaceuticals, coffee, automotive, and textiles.
Proposed Vietnam Industrial Classification System Prioritizes Green Economy
The Ministry of Planning and Investment (MPI) is inviting public comments on a draft decision from the Prime Minister regarding the establishment of a new Vietnam Standard Industrial Classification System (VSIC). A key feature of this system is the inclusion of a National Green Economy framework, aimed at promoting sustainable practices in Vietnam’s industrial sectors.
Major Upgrade of Vietnam’s Port System Under Decision No. 442/QD-TTg
Vietnam aims to upgrade its port system by 2030, targeting an annual cargo capacity of 1.25 to 1.5 billion tons per Decision No. 442/QD-TTg.
IMF Projects 6.1% Growth for 2024 for Vietnam Amid Challenges
In its September report, the IMF revised its GDP growth forecast for Vietnam in 2024 up to 6.1%, with GDP reaching US$468.5 billion.
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.
