We discuss how businesses in Vietnam can manage delivery and commute times impacted by traffic congestion in major cities like Hanoi and Ho Chi Minh City in the lead up to Tet.
Vietnam’s business environment, free trade costs, and its ideal location as a China plus one destination make it favorable among foreign investors looking to relocate or diversify their operations.
A tax resident is defined as someone residing in Vietnam for 183 days or more in either the calendar year or a period of 12 consecutive months from the date of arrival. Tax residents are subject to ...
To enter Vietnam, a foreigner needs a visa issued by the Vietnamese Embassy or Consulate. A Vietnamese visa can be granted while in a third country or from within Vietnam. Citizens of the following ...
Foreign companies wanting to do business in Vietnam must ensure they follow the provisions of the Labor Code, which contains the legal framework for the rights and obligations of employers and ...
Value Added Tax (VAT) is a broadly based consumption tax assessed on the value of goods and services arising through the process of production, circulation, and consumption. It is applicable to the ...
There are numerous incentives and policies that may lower this amount for foreign investors and some local businesses, as is discussed in our tax incentives guide. This section focuses on the ...
One of the first decisions that will have to be made by investors is that of banking. Several accounts may be required, including a direct investment capital account (DICA), payment account in foreign ...