| | Weekly business and foreign investment news roundup in Asia by Asia Briefing and Dezan Shira & Associates (An Ascentium Company). |
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| | | | Vietnam remains a strong manufacturing destination, but site selection requires more than comparing labor costs. Investors should evaluate factory models, industrial park leases, payroll obligations, licensing, compliance exposure, and logistics efficiency before committing capital. This guide outlines the core issues manufacturers should assess to structure a successful Vietnam production footprint. | | | | | Vietnam’s higher statutory pay rate will directly affect employer cost planning, including social insurance, health insurance, and trade union contribution ceilings. Companies should review payroll budgets, employment contracts, and compensation structures ahead of the July 2026 adjustment to avoid compliance gaps and unexpected labor cost increases. | | | | | Vietnam’s new guidance under Circular No. 08/2026/TT-BNV clarifies how businesses should implement electronic labor contracts in line with Decree No. 337/2025/ND-CP. Employers using digital HR systems or remote hiring models should assess contract validity, authentication requirements, recordkeeping, and internal approval workflows to ensure their employment documentation remains compliant. | | | | | Vietnam is emerging as a competitive destination for nearshore and offshore IT services, supported by skilled engineering talent, cost advantages, and accelerating digital transformation demand. Foreign companies evaluating software development, managed services, or regional tech delivery models can use Vietnam to diversify outsourcing strategies and strengthen Asia-based operations. | | | | | A recent case involving an exit suspension over a tax debt of less than US$1 has raised important questions for foreign individuals, business owners, and company representatives in Vietnam. This guide explains how tax-related exit delays can arise, what obligations may trigger enforcement, and how taxpayers can reduce the risk of last-minute travel disruption. | | |
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COMPLIMENTARY BUSINESS RESOURCES: | | | | | | Aimed at manufacturers, supply chain planners, and foreign investors, Manufacturing in Vietnam: Regional Clusters and Site Selection for Production Expansion offers a clear overview of Vietnam’s manufacturing landscape and how businesses can assess the country as a production hub in Asia. | | | | | Vietnam’s Evolving Tax Regime: Compliance with New CIT, VAT, and Invoicing Rules provides practical guidance for CFOs, tax leaders, and foreign investors navigating these reforms. |
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UPCOMING EVENTS FOR ASIA: | | | Webinar | Wednesday, 17 June 2026 | 10:00 AM – 11:30 AM (GMT+7) | | | | | Webinar | Thursday, June 18, 2026 | 2:00 PM GMT+7 / Thứ Năm, 18 tháng 6, 2026 | 14:00g | | | | | Webinar | Wednesday, June 03, 2026 | 2:30 PM India / 4:00 PM Vietnam / 5:00 PM China |
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