ASEAN Briefing News

A Guide to Tax Obligations for Non-Resident Property Owners in Vietnam

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Foreigners who owns a rental property in Vietnam must understand their tax reporting and remittance obligations.

Service Contracts in Vietnam: What You Need to Know

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Service contracts in Vietnam are a flexible alternative for firms to find human resources support and staff time-bound or specialized projects.

Audit and Compliance in Vietnam: A Guide for Foreign Investors

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Foreign-owned enterprises and representative offices are obligated to have their annual statements audited.

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.

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