Other Briefings
China Set to Lose Out to Vietnam as U.S. TPP Deal Looms
Feb. 6 – The Trans-Pacific Partnership trade bloc that the United States has entered into with 10 nations and of which China has been highly critical, is set to bite into China’s textiles industry later this year when U.S.-Vietnamese negotiations over tariffs and tax rates are concluded. The TPP – which includes the United States, […]
Vietnam-EU Free Trade Agreement Negotiations Continue
Jan. 23 – On January 16, the Multilateral Trade Assistance Project (MUTRAP) and the Danang Branch of the Vietnam Chamber of Commerce and Industry (VCCI) held a seminar to discuss the contents of the Vietnam-European Union (EU) Free Trade Agreement (FTA). The seminar’s purpose was to assist Vietnamese enterprises in gaining a clearer understanding of […]
Vietnam and Singapore Sign Second Protocol to Amend DTA
Jan. 16 – On September 12, 2012, Singaporean Deputy Prime Minister and Minister for Finance Tharman Shanmugaratnam and Vietnamese Minister of Finance Vuong Dinh Hue signed a second Protocol to amend the existing double taxation agreement (DTA) between the two countries. The DTA entered into force on January 11, 2013 in Singapore, and will be […]
New Issue of Vietnam Briefing: Annual Compliance and Audit
In this issue of Vietnam Briefing, we address a number of annual compliance topics relevant to foreign investors in Vietnam. Namely, annual reporting for foreign-owned enterprises and representative offices, as well as annual tax finalization (corporate income tax and personal income tax), and annual financial statements (structure, general accounting treatments, deductible expenditures, submission).
Vietnam-Thailand to Boost Bilateral Trade
Bilateral trade to grow at 20 percent annually Dec. 4 – Vietnam and Thailand, both members of ASEAN, have agreed to boost bilateral trade and improve political and economic links, according to news reports issued by both countries. The two nations have long maintained strong strategic and diplomatic relations, however the new agreements provide better […]
China to Join RCEP, Creating Massive Free Trade Area with ASEAN, India, and Japan
Plus Myanmar issues new foreign investment law Nov. 9 – China is set to commence negotiations to create a 16-nation trade bloc, known as the Regional Comprehensive Economic Partnership (RCEP), with its launch expected to be formally announced at the ASEAN summit in Phnom Penh later this month. The RCEP will include the 10 members […]
New Issue of Vietnam Briefing: Human Resources for Foreigners
Aug. 31 – The new issue of Vietnam Briefing Magazine, titled Human Resources for Foreigners in Vietnam, is out now and immediately available as a complimentary PDF download on the Asia Briefing Bookstore. A Vietnamese entity is permitted to recruit foreign workers in order to work as managers, executive directors and experts where local hires […]
Asia Briefing Report: An Introduction to Doing Business in Vietnam
Asia Briefing’s new report touches on everything you need to know about doing business in Vietnam, and is now available as a complimentary PDF download! Aug. 29 – Asia Briefing, in cooperation with its parent firm Dezan Shira & Associates, has just released a new 32-page report introducing everything that a foreign investor should be […]
European Union Free Trade Negotiations with Southeast Asia
By Ian Bhullar Jul. 3 – The announcement of negotiations on a Vietnam-European Union (EU) free trade agreement (FTA) this week is promising for business leaders with interests on the intersection of Europe and the whole of the Southeast Asian region. EU Trade Commissioner Karel De Gucht and Vietnamese Minister for Industry and Trade Vu […]
Vietnam Exempts Import Tax Under Australia, ASEAN, New Zealand Treaty
Jul. 1 – Vietnam will exempt as much as 90 percent of tax lines on goods imported from Australia, New Zealand and Association of Southeast Asian Nations (ASEAN) members this year. By 2017, Vietnam will remove import tariffs on butter, milk and cheese. Import duties on car components will also be slashed to 5 percent […]
