Vietnam Business News

Vietnam Climbs 12 Places in Global Innovation Index
Wed, 21 Jun 2017 04:34:19 +0000

In the recent Global Innovation Index for 2017, Vietnam jumped 12 places to 47th among 127 economies, its highest ranking in the last 10 years. Read more to understand where Vietnam has improved and what it still needs to do.

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Vietnam 8211; US Increasing Trade Relations
Tue, 20 Jun 2017 07:45:25 +0000

Vietnam and the US have signed business deals worth US$8 billion. Learn more about the deals and understand how they fit into improving trade relations between the United States and Vietnam.

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Vietnam: Foreign Retailers Face Tax Inspection
Fri, 16 Jun 2017 09:47:20 +0000

Vietnamese tax authorities to inspect foreign-owned retailers for tax avoidance through transfer pricing or profit shifting. Read more to understand the government's actions and its impact on the retail market.

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Pharmacy Law Guidance Scheduled for July Implementation in Vietnam
Thu, 15 Jun 2017 03:31:03 +0000

A pharmacy decree detailing the implementation of the Law on Pharmacy was released by Vietnam's Ministry of Health and it set to take effect in July. Read more for a detailed look at the decree's impact on distribution rights, pharmaceutical pricing, and foreign investment within Vietnam

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Vietnam Seeks to Tax Facebook Retailers
Wed, 14 Jun 2017 02:40:35 +0000

Tax officials in Vietnam are set to tax online retailers selling through social network platforms. Read more to understand how the tax will impact online sellers on social networking platforms and challenges faced by the authorities.

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Vietnam Implements Social Insurance Updates
Fri, 09 Jun 2017 03:31:24 +0000

With social insurance rate reductions applied from June 2017 and the introduction of a wider liability for social insurance contributions scheduled for early 2018, foreign and domestic companies alike will be required to adjust compliance procedures in the near future.

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Lower Taxes Proposed for Profitable SMEs in Vietnam
Wed, 07 Jun 2017 03:45:30 +0000

As per a new draft law on tax support, profitable SMEs are set to receive between 1 and 3 percent reductions from their current level of tax liability. Read more to understand how the tax will be applied and its projected impact on the Vietnamese economic landscape.

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E-commerce Logistics: Emerging Opportunities in Vietnam
Tue, 06 Jun 2017 06:36:46 +0000

Outsourcing e-commerce logistics is an increasingly important trend in Vietnam offering significant potential for foreign investors. Read more to understand the gaps in the Vietnamese logistics market and the learn more about the companies which are already beginning to fill them.

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Vietnam8217;s Overtime Limits Set to Double Under Recent Proposal
Tue, 30 May 2017 08:42:26 +0000

Vietnam's Ministry of Labour has proposed revisions to the 2012 Labour Code increasing overtime limits from 200 hours per year to 400 hours per year. Read more to learn the particulars as well as how this has been received within the country.

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Vietnam8217;s Hospitality Industry: Understanding Current Trends and Challenges
Fri, 26 May 2017 06:54:38 +0000

Vietnam is rising rapidly as a tourist destination in South East Asia. Read more to understand how key cities are keeping pace with the likes of Bangkok and learn where challenges may arise when investing within the sector.

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