Other Briefings
Vietnam Online – Understanding Vietnam’s E-commerce Market
Vietnam, like much of Asia, has a growing middle class which, in-turn, is spawning a strong consumer culture. Within the country, e-commerce is fast becoming the preferred method of shopping, particularly among the young.
An Introduction to Doing Business in Vietnam 2014 (Second Edition)
An Introduction to Doing Business in Vietnam 2014 (Second Edition) provides readers with an overview of the fundamentals of investing and conducting business in Vietnam. This guide explains the basics of company establishment, annual compliance, taxation, human resources, payroll, and social insurance in the country.
Made in ASEAN: Vietnam Cuts Import Taxes for ASEAN-made Vehicles
Ho Chi Minh City – As of January 1, 2014, vehicles imported from other ASEAN countries to Vietnam are eligible to receive a 10-50 percent tax cut following the 2008 ASEAN Trade in Goods Agreement (ATIGA). The new tax rate for vehicles imported into Vietnam from ASEAN nations is displayed in the following chart: ASEAN […]
Vietnam Increases Trade Deficit with ASEAN Nations
Oct. 21 – Vietnam has increased its trade deficit by US$2.13 billion during the first nine months of the current fiscal year as imports from other ASEAN nations rose, according to trade statistics published this month. During this time, total trade turnover between Vietnam and the ASEAN bloc totaled US$29.6 billion, with Vietnamese exports growing […]
Vietnam, Myanmar Ease Visa Restrictions
Oct. 9 – In a move to strengthen relations between the two ASEAN countries of Myanmar and Vietnam, starting October 26, 2013, Vietnamese passport holders will no longer have to obtain a visa in order to visit Myanmar for short term stays of up to 14 days. The visa exemption agreement, which was enacted to […]
New Issue of Vietnam Briefing: Re-evaluating Your Vietnam Representative Office
This issue of Vietnam Briefing examines ROs – the processes of working with them, and the rationale for either upgrading or closing them. We explain not just how to close up your RO, but also list out the common reasons for doing so.
How to Avoid Double Taxation in Vietnam
May 23 – Both foreign and domestic residents of Vietnam are able to obtain reductions and exemptions on their taxes through a variety of different methods. Thanks to the DTAAs that Vietnam has, the tax reductions and exemptions you may be subject to are easy to understand and to take advantage of – all you […]
Introduction to Double Taxation Avoidance in Vietnam
May 16 – With regard to international trade, the various countries’ tax systems oftentimes put global investors in the unfavorable position of having to face redundant taxes on their income —i.e., double taxes . For example, a company may be subject to taxes in its country of residence and also in the countries where it […]
Expanding Your China Business to India and Vietnam
In this issue of Asia Briefing Magazine, we discuss why China is no longer the only solution for export-driven businesses, and how the evolution of trade in Asia is determining that locations such as Vietnam and India represent competitive alternatives.
Vietnam, Malaysia Hold Joint Trade Commission
Mar. 8 – The Malaysian International Trade and Industry Ministry (MITI) announced that bilateral trade between Malaysia and Vietnam surged by 25.3 percent to reach US$9.03 billion over the past year. Vietnam’s exports to Malaysia registered US$5.2 billion, while Malaysia exported US$3.83 billion to Vietnam. This news came off the heels of the second meeting […]
