ASEAN Briefing News

Vietnam Bolsters Regional Financial Links through Connectivity Payment Initiative

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Vietnam officially joined ASEAN’s Regional Payment Connectivity initiative, which aims to enhance cross-border payment systems in the region.

Vietnam Implements Enhanced Regulations on Foreign Bank Branch Lending Activities

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The State Bank of Vietnam issued Circular 06/2023 which introduces stricter control over the lending activities of foreign bank branches in Vietnam.

A Closer Look at Vietnam’s Anti-Money Laundering Law

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Vietnam’s updated Anti-Money Laundering Law went into effect in March 2023. The Law aims to prevent financial crimes in the financial system.

Vietnam to Ease Visa Requirements to Boost Tourism Industry

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Vietnam is seeking to ease visa requirements for foreign visitors. Among the changes being discussed is increasing the duration of e-visas to 45 days.

Vietnam’s Decree 91 Makes Amendments to the Tax Administration Law

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Vietnam’s Decree 91 makes amendments to the country’s Tax Administration Law. One of the changes includes reinstating the ’80 percent rule’ regarding provisional corporate income tax.

Vietnam’s Energy Crunch: Coal’s Dominance and the Need for Renewables

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Vietnam’s breakneck economic growth is putting pressure on its energy sources, with frequent power outages burdening businesses nationwide.

As Chinese Lockdowns Continue and Salaries Rise, Footwear Manufacture Shifts to Vietnam

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Vietnam’s footwear industry is likely to benefit as manufacturers leave China in search of lower labor costs.

Can Vietnam’s VinFast be the Real Contender to Tesla’s EV Throne?

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Vietnam’s VinFast is among new entrants in the EV market, and its lower-cost and tech-heavy offerings could pose a real threat to existing manufacturers.

How to Change a Company Name in Vietnam

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Changing a company name in Vietnam be challenging and time-consuming. However, understanding the regulations on business name changes can help alleviate some of these challenges.

Vietnam’s Intellectual Property Law: New Amendments

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Vietnam has made amendments to its Intellectual Property Law, considered the most significant since its creation.

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