| | Weekly business and foreign investment news roundup in Asia by Asia Briefing and Dezan Shira & Associates (An Ascentium Company). |
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| | | | Vietnam has moved into the World Bank’s upper-middle-income category from July 1, 2026, after its Atlas GNI per capita rose to US$4,970. The milestone reflects sustained economic growth and strengthens Vietnam’s profile as a maturing investment destination. | | | | | Vietnam’s revised Tax Management Law expands the list of prohibited tax practices, increasing scrutiny of invoice fraud, tax evasion, transfer pricing, and digital transactions. Businesses should reassess internal tax governance, documentation, and compliance controls. | | | | | Vietnamese outbound investment reached US$1.35 billion in 2025 and continued to accelerate in early 2026. Domestic firms are expanding beyond neighboring markets into financial, technology, and manufacturing hubs across Asia and other global destinations. | | | | | Vietnam’s July 2026 regulatory update brings 29 laws, two ordinances, and 34 decrees into effect, reshaping compliance requirements across taxation, digital business, customs, investment, and corporate governance. | | | | | Vietnam’s new Personal Income Tax Law, effective July 1, 2026, raises monthly personal deductions, introduces a 0.1 percent tax on certain digital asset transfers, and provides PIT incentives for qualified semiconductor and AI professionals. | | |
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COMPLIMENTARY BUSINESS RESOURCES: | | | | | | Vietnam’s New Personal Data Protection Rules: Compliance, Governance, and Risk Management Guide explores the regulatory requirements, implementation challenges, and risk management considerations companies should address to ensure compliance and support sustainable digital operations. | | | | | 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. |
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UPCOMING EVENTS FOR ASIA: | | | Webinar | Thursday, 23 July 2026 | 2:00 pm - 3:00 pm (GMT+7) / Thứ năm, ngày 23 tháng 7, 2026 | 14:00g | | | | | Webinar | Wednesday, July 22, 2026 | 2:30 PM India / 4:00 PM Vietnam / 5:00 PM China | | | | | Webinar | Wednesday, July 29, 2026 | 10:00 AM Kansas City |
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