Other Briefings
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.
A Guide to Tax Obligations for Non-Resident Property Owners in Vietnam
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
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
Foreign-owned enterprises and representative offices are obligated to have their annual statements audited.
