Personal Income Tax in Vietnam: Exemptions and Reductions

For foreigners working in Vietnam, determining the applicability of personal income tax (PIT) involves decoding a number of rules. Following this, foreign workers need to calculate their precise liability and any applicable deductions. Consulting with an in-country tax specialist can help individuals’ optimize their tax exposure, while employers’ may be able to identify more competitive salary packages with an advisor. Below […]

Vinh LeManager, Dezan Shira & Associates

Vietnam’s Medical Devices Industry: Key Market Entry Considerations

During the last decade, Vietnam has been experiencing rapid economic and population growth, making the country an attractive investment destination for foreign investors in the public healthcare sector. The Vietnamese healthcare industry is one of the country’s development priorities, having received an increasing level of financial support and incentives for investment from the government over the years. […]

Alberto VettorettiManaging Partner, Dezan Shira & Associates

Savvas Papasavvas participates in the IR Global Real Estate Virtual Series – Real Estate Recovery: Bouncing back after the global pandemic

FOREWORD BY EDITOR, ANDREW CHILVERS As the Covid-19 pandemic continues to disrupt businesses across the world, one of the biggest debates being played out is the future of property – in the city centres and suburbs; in office space, commercial and residential. Just what will the world of real estate look like at the end […]

Savvas PapasavvasPartner, SMPA Advisory Ltd

Optimizing Investments in Vietnam’s Conditional Sectors

For many companies, Vietnam’s greatest potential lies in its conditional investment sectors. These areas of the Vietnamese economy are still largely untapped by foreign capital and present prime opportunities for investors to enter a new market with little competition. Opportunities within conditional sectors are, however, tempered by a number of restrictions on control, activities, and […]

Alberto VettorettiManaging Partner, Dezan Shira & Associates

All Eyes on Vietnam – Why and How to Enter the Market

Building on Vietnam’s favorable conditions for doing business, namely its strategic location, stable political system, ample workforce with competitive labor costs, and a relatively open environment for FDI, Vietnam has cemented its position as a safe and stable destination for investment. Its GDP growth in 2020 increased by 2.91% despite COVID-19.   The key to […]

Alberto VettorettiManaging Partner, Dezan Shira & Associates

Q&A: Automobiles in EVFTA: How Can Foreign Investors Qualify For Preferential Tariffs?

With a rapidly expanding market fueled by a fast-growing middle-class, Vietnam has been an attractive destination for major automobile manufacturers from Japan, Korea, the US, and the EU for several years. The EU-Vietnam free trade agreement (EVFTA), which came into effect on August 1, 2020, has made the market even more promising for European manufacturers since high […]

Alberto VettorettiManaging Partner, Dezan Shira & Associates

Vietnam – India: Increasing Trade and Investment Relations

The year 2020 marks the 42nd anniversary of India-Vietnam bilateral trade. Vietnam and India have shared strong bilateral relations historically, and for the past two decades, trade between the two countries has risen considerably. These economic ties have materialized into several Indian investments in Vietnam in various sectors. The enormous volatility in the global trade […]

Alberto VettorettiManaging Partner, Dezan Shira & Associates

Vietnam’s Solar Industry: Bright Prospects for Investors

Vietnam’s golden era for solar development In June 2020, Sharp Energy Solutions Corporation (SESJ) completed a mega solar power plant in Ninh Thuan province, which is expected to generate 76,373 megawatt hour (MWh) per year. The plant is the newest addition to SESJ’s five other existing solar power plants in Vietnam. Sharp is only one of the […]

Alberto VettorettiManaging Partner, Dezan Shira & Associates

Vietnam’s Economic Growth On Track as National Party Congress Concludes

Vietnam has reiterated its commitment to high economic growth following the conclusion of the National Party Congress in Hanoi where it chose its leaders for the next five years. Vietnam’s ruling Communist Party approved plans to raise growth to 6.5 to 7 percent for the 2021-2025 period as it aggressively pushes for reforms and high-tech […]

Alberto VettorettiManaging Partner, Dezan Shira & Associates

Vietnam Business Operations and the Coronavirus: Updates

Latest Updates As of March 4, 2021, Vietnam’s Ministry of Health confirmed a total of 2,482 cases of COVID-19. However, 1,898 of the affected patients have recovered and been discharged from hospitals. Vietnam has also recorded 35 deaths due to the pandemic. The latest community transmission cases have been reported from Hai Duong. March 3 […]

Alberto VettorettiManaging Partner, Dezan Shira & Associates

IR Member Meeting

On February 26th, the IR members Mora & Vazquez Asociados and Corona & Nepote had a virtual meeting where Francisco Rodriguez-Nepote made a presentation about Mexico’s insolvency regime. From Mora &Vazquez, the attendees were Pedro Corrales and all the firm´s partners and leadership team. Finally, they shared information about their practices and committed to further […]

Pedro CorralesPartner, Mora & Vazquez Asociados, S.C.

Anthony Brunson P.A. joins IR as the exclusive Accounting Services Member in US – Florida

IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Anthony Brunson of Anthony Brunson P.A. Anthony has joined IR as our exclusive Accounting Services member in US – Florida. Known for being very detail-oriented, Tony has an in-depth knowledge of the audit and financial reporting requirements for varied industries, specifically […]

Anthony BrunsonCEO, Anthony Brunson P.A.