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Weekly Vietnam Economy News (29/06 – 05/07, 2020)

Weekly Vietnam Economy News (29/06 – 05/07, 2020)

Foreign investment exceeded $ 15 billion in the first half of 2020 Despite the impact of the COVID-19 pandemic, foreign investment in newly registered projects and adding capital to existing projects still increased in the first half. According to statistics from the Foreign Investment Agency (FIA) of the Ministry of Planning and Investment, in the […]

How to invest in Vietnam – Labor Regime

How to invest in Vietnam – Labor Regime

Vietnamese and foreigners working in Vietnam must obey the Labor Code. The Labor Code has created a legal framework defining the rights and obligations of employers and employees, working hours, labor contracts, payment of social insurance, overtime, and suspension. public and termination of labor contracts, etc. 1. Working-age Minimum working age in Vietnam is 15. […]

How to invest in Vietnam – Taxation

How to invest in Vietnam – Taxation

The tax system in Vietnam includes the following main taxes: Corporate Income Tax (CIT); Import – Export Duties; Value Added Tax (VAT); Special Sales Tax (excise tax) or (SCT); and Personal Income Tax (PIT). Each of these taxes is administered by the General Department of Taxation (Ministry of Finance) minus import and export tax (General […]

Weekly Vietnam Economy News (15 – 21 June, 2020)

Weekly Vietnam Economy News (15 – 21 June, 2020)

Most Southeast Asian economies plunged into recession, rebounding in 2021 According to a report by the Institute of Certified Public Accountants in England and Wales and Oxford Economics, Vietnam will be a least affected pandemic of all countries in Southeast Asia, although it is not avoided from a sharp decline in trade flows. Global coronavirus […]

JANUS & JASON Taiwan seeks OEM partners Steel Casting parts for automotive and agricultural machines

JANUS & JASON Taiwan works with the Office of Vietnam Economic and Cultural Office in Taipei to find OEM partners Steel Steel Casting components for cars and agricultural machines. According to Janus & Jason, the product group on the enterprise is currently processing in China and is under tax pressure due to the US-China trade […]

US businesses are looking for Vietnamese businesses that can export wooden toothbrushes

US businesses are looking for Vietnamese businesses that can export wooden toothbrushes (pictured below) with an expected total order of 200,000 units/year. Contact: Brightworks Technology, Inc.: Address at 2794 Loker Avenue West, Ste 101/102, Carlsbad, CA 92010, USA Contact person: Mr. Robert Carl, President Email: rob.carl@brightworks-usa.com Phone: + 1 858-275-6423 ext 101; Direct: +1 858-397-5305 […]

Russian businesses need to find Vietnamese partners to cooperate in the field of manufacturing materials and wooden furniture

Topforest Co., Ltd is an enterprise of Russian Federation operating in the field of manufacturing – exporting materials and wooden furniture. Topforest’s strong products include lumber and molded products from pine (Redwood), spruce (Whitewood), birch (Russian White Birch). With over 10 years of experience and a modern production line with a capacity of 1500m3 / […]

How to invest in Vietnam – Procedures For Establishing A Foreign Investment Enterprise in Vietnam

How to invest in Vietnam – Procedures For Establishing A Foreign Investment Enterprise in Vietnam

1. Investment certificate For the first time, foreign investors must have an investment project before being granted an investment certificate. Investment certificates also serve as business registration certificates. The investment certificate will be issued as part of the investment registration and / or evaluation process based on (i) the type of project, (ii) the size […]

Weekly Vietnam Economy News (8 – 14 June, 2020)

Weekly Vietnam Economy News (8 – 14 June, 2020)

Congress approved EVFTA, EVIPA On the morning of June 8, the National Assembly officially pressed the voting button to approve the Free Trade Agreement between the Socialist Republic of Vietnam and the European Union (EVFTA). EVFTA is expected to help Vietnamese companies gain better access to European markets, thus ensuring Vietnam’s economic security. The trade […]


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