Explore essential Vietnam news and expert insights for foreign investors navigating entry or expanding operations, and tailored to optimize for business success in the dynamic ASEAN market.
Vietnam’s First Draft of New Personal Data Protection Law (PDPL) Released for Public Comments
On September 24, 2024, the Vietnamese government issued the first draft of a new Law on Personal Data Protection (PDPL) for public feedback. The draft law has more stringent provisions than the Personal Data Protection Decree and is potentially set to take effect from January 1, 2026.
Vietnam Manufacturing Tracker: 2024-25
The 2024-25 Vietnam Manufacturing Tracker offers the latest data, insights, and policy updates to keep foreign investors and analysts informed about the industry.
Vietnam’s New Minimum Wage Effective from July 1, 2024
Vietnam's new minimum wage, effective July 1, 2024, will impact various social insurance items calculated based on the statutory pay rate.
Vietnam’s 2024 Social Insurance Law: Implications for Businesses
We discuss key points of Vietnam’s revised 2024 Social Insurance Law - effective from July 1, 2025 - which aims to strengthen social insurance coverage.
EU-Vietnam Free Trade Agreement: Key Provisions and Implications for FDI
As the EU-Vietnam Free Trade Agreement (EVFTA) reaches its fourth anniversary, we explore its key provisions, business perceptions, and prospects for FDI firms.
U.S. Chooses to Retain Vietnam's Non-Market Economy Status Despite Reforms
The U.S. has rejected Vietnam's bid to change its non-market economy status after a year-long review, despite acknowledging reforms. The decision means that the U.S. will retain the methodology used in calculating anti-dumping duties on imports from Vietnam.
Key Industrial Parks in Northern Vietnam
We list key industrial parks in Northern Vietnam favored by foreign investors as well as their respective sector focus and tax incentives.
Northern Vietnam Industrial Parks: Benefits and Challenges
We discuss what to expect when establishing a manufacturing plant or factory in one of northern Vietnam’s industrial parks.
Vietnam Construction Material Sector: Growth Drivers and Challenges
A surge in infrastructure projects and urban growth is boosting the demand for construction material in Vietnam. Here's what construction firms need to know to take advantage of this opportunity.
Vietnam Labor Market Report for H1 2024
The Vietnam labor market showed positive trends in H1 2024, with increased employment opportunities and salary growth. Additionally, the proportion of Vietnamese workers holding degrees or certificates rose to 28.1 percent in the second quarter of 2024.
Tax Audits for Representative Offices in Vietnam
We discuss the key points of tax audits for Representative Offices in Vietnam, considering that these entities rely entirely on their parent companies without the ability to generate profits or enter into contracts independently.
Vietnam's Agrifood Export Potential: Key Guidelines for Trade Businesses
We discuss Vietnam's expanding agrifood export market potential and offer practical advice for trade businesses to thrive globally.
Complying with Vietnam’s Personal Data Protection Decree: New Publication
'Complying with Vietnam’s Personal Data Protection Decree' discusses key legislative updates and compliance obligations for businesses and is free to download.
Applying for a Vietnam Work Permit: Guidelines for Foreigners and Employers
Vietnam has amended certain provisions regarding hiring foreign workers and the issuance of work permits. We provide the details.
Dong Nai Province, Vietnam: Opportunities in the Leading Industrial Production Hub
Dong Nai province, in the southern region, is a prime choice for foreign companies in Vietnam with its strong infrastructure, logistics connectivity, and industrial parks. We profile its key advantages that has made it among the top ranked destinations for FDI in the country across multiple business lines.
Vietnam’s Imported Meat Market: Growth Drivers and Regulatory Requirements
We examine Vietnam's imported meat market, including demand growth drivers and regulatory requirements for foreign producers and exporters.
ESG Strategy a Key Focus Area for Foreign Businesses in Vietnam
We discuss findings from the VBF’s survey of foreign business stakeholders in Vietnam, including progress and concerns over ESG priorities.
Vietnam’s Extended Producer Responsibility Policy: Company Recycling Obligations
Vietnam's amended Environment Protection Law (EPL) in 2022 introduced a new “extended producer responsibility” (EPR) policy which places the burden of responsibility to recycle on companies.
Vietnam Decree 23 Outlines Bidding Processes for Key Sectors Projects
Vietnam has introduced comprehensive regulations via Decree 23 on the bidding processes for project implementation and investor selection. It follows the New Bidding Law that came into force beginning of 2024.
Taxes for Foreign E-commerce Firms Earning an Income in Vietnam
Foreign e-commerce firms selling goods or services in Vietnam are now required to pay foreign contractor tax. Here's what foreign firms should know about this latest development.