Other Briefings
Vietnam Extends VAT Cut Until 2024
Vietnam’s Decree 72/2024 extends the 2% VAT reduction on specific goods and services to the end of 2024, lowering operational costs and boosting economic growth for eligible sectors.
Singapore’s Growing Investments in Vietnam: Key Sectors
Singapore’s investments in Vietnam boost key sectors like manufacturing, real estate, and energy.
Vietnam’s Expanding Halal Export Opportunities
With its diverse agricultural base and growing food processing industry, Vietnam can effectively meet the rising needs of halal consumers worldwide.
Regional Minimum Wages to Increase Across Vietnam 2024
Vietnam’s Ministry of Labor, War Invalids, and Social Affairs has proposed a six percent increase in the minimum wage, effective July 1, 2024.
Vietnam and Denmark Strengthen Ties for Sustainable Agricultural Development
Denmark and Vietnam are working to strengthen their collaboration in the realm of sustainable agricultural development.
Vietnam’s Updated Telecommunications Law Takes Effect July 1
Vietnam’s updated telecommunication law, designed to align with the current digital economy, will take effect on July 1, 2024. Specific provisions regarding data centers, cloud computing, OTT services, and network number fees will become effective on January 1, 2025.
Vietnam’s Legal Framework for Personal Data Protection Initiated
Vietnam announced the development of the Law on Personal Data Protection to bolster data privacy measures and align regulations for a more cohesive framework.
Hanoi’s Push to Become Southeast Asia’s Semiconductor Hub
Hanoi, the capital of Vietnam, is taking measures to realize its ambition to become a hub for semiconductor production in Vietnam by 2050.
Key Tax Changes for Foreign Firms in Vietnam
Changes to several taxes in Vietnam have taken effect in 2024. Some of these changes have been made to provide economic stimulus, whereas others have been made to bring Vietnam’s tax policies in line with international tax regimes.
Elevating Air Connectivity: Vietnam’s Airport Investment Drive
Vietnam is investing heavily to renovate and build new airports as it seeks to compete to become a regional hub for international travelers with its neighbors in Southeast Asia.
