Vietnam’s new Law on Value Added Tax (VAT), accompanied by the latest updates from the 9th session of the National Assembly, is set to significantly alter the VAT treatment in Vietnam, requiring enterprises to make considerable efforts to maintain compliance.
As of July 1, 2025, entities in Vietnam will be required to create an electronic identification (e-ID), as prescribed by regulations issued in 2024. The article explains the requirements and procedures for obtaining a corporate e-ID.
As of July 1, 2025, Vietnam's regional minimum wage will be officially applied in 34 provinces and centrally run cities. Employers in Vietnam are advised to consider the cost impact of the statutory pay rate and the minimum regional wage.
Following the approval of the amended Customs Law and Value-Added Tax Law, the management of on-spot export and import activities in Vietnam has undergone significant changes with clearer definitions and adjusted tax treatments.
Backed by robust government support, an abundant workforce, and a growing number of FDI projects, Thanh Hoa is emerging as a preferred destination for investors seeking long-term, cost-effective growth in the manufacturing and export sectors.
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This publication sets out the rationale behind the Johor-Singapore SEZ, the sectors it is likely to support, and the broader context in which it is being developed. For foreign investors, it provides a starting point for understanding how the SEZ may evolve as a node within Southeast Asia’s wider investment landscape.
This issue of China Briefing magazine explores cross-border restructuring as a practical, forward-looking approach to mitigate risks without abandoning China’s manufacturing strengths and market potential.
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