Green Buildings in Vietnam: How Sustainable Are They?

Vietnam’s growing economy, increasing population, and rapid urbanization have increased pressure on its natural resources. The country’s enormous coastline makes it vulnerable to the effects of climate change and rising sea levels. Thus, its government has realized the need to transition towards making its urban development smarter and more sustainable. Sustainable construction As per the Vietnam […]

Alberto VettorettiManaging Partner, Dezan Shira & Associates

Why Vietnam’s Public Investment Plan Matters for Investors

Vietnam’s Ministry of Planning and Investment (MPI) has estimated that in 2020 average disbursement rates for public investment exceeded 90 percent. This compares to 67 percent in 2019 and 66 percent in 2018. The 2020 target for public investment was set at US$27 billion. Over the next four years, Vietnam has set a public investment budget of US$119 billion. […]

Alberto VettorettiManaging Partner, Dezan Shira & Associates

FDI in Vietnam: A Year in Review and Outlook for 2021

Despite the negative socio-economic consequences of COVID-19, Vietnam is one of the few countries that recorded positive economic growth in 2020.  As per the General Statistics Office (GSO) Vietnam’s GDP increased by 2.91 percent in 2020. This reflects two key factors: the relative success in containing the health and business risks of the pandemic, and the ability of […]

Alberto VettorettiManaging Partner, Dezan Shira & Associates

Vietnam’s Ride Hailing Industry: Trends, Opportunities, and Risks

Vietnam’s ride-hailing industry revenues could reach US$4billion by 2024, while the industry is forecasted to grow at a compound annual growth rate (CAGR) of 16 percent between 2020 and 2025. The industry has witnessed a surge in consumer demand, new entrants, and innovative products in recent years. In addition, since the industry is relatively nascent […]

Alberto VettorettiManaging Partner, Dezan Shira & Associates

An Introduction to Doing Business in Vietnam 2021 – New Publication from Dezan Shira & Associates

An Introduction to Doing Business in Vietnam 2021, the latest publication from Dezan Shira & Associates, is out now and available for complimentary download through the Asia Briefing Publication Store. In this issue: An Introduction to Vietnam How to Set Up in Vietnam Tax and Accounting HR and Payroll 2020 is a year that businesses are unlikely […]

Alberto VettorettiManaging Partner, Dezan Shira & Associates

[Webinar] Vietnam’s Integration into Global Value Chains: How does Vietnam Differ from its Regional Peers?

With proactive participation in global value chains, Vietnam has steadily grown into a prominent manufacturer and exporter for electronics, ranking 12th in the world and 3rd in ASEAN as an exporter for electronics in 2019.  Various factors contribute to Vietnam’s successful transformation from an agricultural country into an important location for electronic manufacturing in Southeast […]

Alberto VettorettiManaging Partner, Dezan Shira & Associates

Vietnam Increases Personal Income Tax Deduction for 2020

Vietnam’s National Assembly on June 2 approved new changes to personal income tax (PIT) increasing deductions for individuals and dependents in 2020. The government issued Resolution 954/2020/UBTVQH14 (Resolution 954) which is effective July 1, 2020 however the increase is retroactive and thus effective from January 1, 2020. Our HR and tax experts highlight the important points of the resolution. […]

Vinh LeManager, Dezan Shira & Associates

Tax, Accounting, and Audit in Vietnam 2020 – New Publication from Dezan Shira & Associates

Tax, Accounting, and Audit in Vietnam 2020, the latest publication from Dezan Shira & Associates, is out now and available for download through the Asia Briefing Publication Store. A strong understanding of tax liabilities enables foreign investors to maximize the tax efficiency of their investments while ensuring full compliance with all tax laws and regulations. Vietnam Briefing’s […]

Vinh LeManager, Dezan Shira & Associates

Vietnam Tax Codes: What Are They and Why They Matter

Vietnam’s tax system is a significant determinant of its investment attractiveness. Recent reforms have been aimed at ensuring that tax incidence is lower, investment incentives are strong, and tax compliance is efficient. In order to comply with tax regulations in Vietnam, businesses are required to register for tax codes, which are used to identify tax […]

Vinh LeManager, Dezan Shira & Associates

Marco Förster of Dezan Shira & Associates joins IR as the exclusive Foreign Direct Investment Member in Vietnam

IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Marco Förster of Dezan Shira & Associates. Marco has joined IR as our exclusive Foreign Direct Investment Member in Vietnam. Dezan Shira & Associates is a pan-Asia, specialist practice that provides multi-disciplinary foreign direct investment advisory and operational services to international businesses […]

Marco FörsterInternational Business Advisory Manager, Dezan Shira & Associates

[Webinar] Protect Your Intellectual Property in ASEAN and China – Key Legal Considerations by Country

The potential loss of intellectual property (IP), is a common risk and challenge for companies when planning to enter or operate in a new international market, especially in Asia where the stages of development and implementation of IP laws vary significantly. It is vital that foreign companies understand the major differences in the IP regime […]

Alberto VettorettiManaging Partner, Dezan Shira & Associates

Vietnam, UK Look to Strengthen Economic Ties, Potential Trade Deal

Following the ratification of the EU – Vietnam Free Trade Agreement (EVFTA), the UK and Vietnam remain keen to further strengthen ties and expand on their bilateral relationship. Most recently, UK Foreign Secretary Dominic Raab visited Hanoi on September 29-30 and discussed Vietnam UK relations with Pham Binh Minh, Vietnam’s Minister of Foreign Affairs. Gunning for a […]

Alberto VettorettiManaging Partner, Dezan Shira & Associates