Vietnam Briefing News

Vietnam Government Extends Tax and Land Rental Payment Deadlines in 2024

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The Government has issued Decree No. 64/2024/ND-CP, granting tax payment extensions for eligible businesses and organizations.

EU Updates Food Safety Measures for Vietnam Agrifood Exports

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We note the updated EU food safety regulations as of June 2024, impacting Vietnam’s agrifood exports, including instant noodles and farm produce, along with a list of best practices.

HCMC Announces Labor and Employment Strategy Through 2025: Key Goals

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HCMC’s labor and employment strategy for 2023-2025, with a vision to 2030, has identified eight areas for human resource development, highlighting key priority skill development roles and anticipated technology disruptors that may attract foreign investors in the education and skills development sector.

Vietnam-U.S. Trade and Investment Relations

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We discuss bilateral trade and investment relations between Vietnam and the U.S. and prospects under their Comprehensive Strategic Partnership.

Vietnam Sets Record for Newly Established Firms in the First Five Months of 2024

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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

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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

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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

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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

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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

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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.

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