The US Commerce Department has delayed its decision on upgrading Vietnam to market economy status to August 2 due to IT disruptions caused by CrowdStrike software issues.
The stakes are high for Vietnam's garment and textile sector as key exports markets and competing producer markets intensify their push for green targets, influencing brand appeal to consumers and sourcing decisions by global fashion retailers.
We discuss the key points of tax audits for Representative Offices in Vietnam, considering that these entities rely entirely on their parent companies without the ability to generate profits or enter into contracts independently.
The Vietnam government is considering a policy to facilitate the development of large eco-industrial parks and update preferential policies to encourage green investments. We discuss the proposed policy recommendations, pilot projects, and key goals.
The Vietnam labor market showed positive trends in H1 2024, with increased employment opportunities and salary growth. Additionally, the proportion of Vietnamese workers holding degrees or certificates rose to 28.1 percent in the second quarter of 2024.
Vietnam Briefing has developed into a premium source for insight on doing business in Vietnam. It publishes business news concerning foreign direct investment into Vietnam, including the most important tax, legal and accounting issues. The Vietnam Briefing Magazine was first published in 2009, and is contributed to by investment professionals based in Vietnam.
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