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1.

VIETNAM: Lowest Rise in Minimum Wage for 10 Years Announced for 2019

17 Aug 2018

The lowest average increase in the minimum monthly wage for 10 years – 5.3% – is to be rolled out across the country as of 1 January 2019....Read More

2.

VIETNAM: Commercial Radio and TV Services Set to be Opened-Up to Overseas Investment

3 Aug 2018

Overseas investors are to be permitted to invest in commercial radio and television stations serving Vietnam for the first time under proposals put forward by the Ministry of Information and Communica...Read More

3.

Collapse of TPP Deal Fails to Knock Vietnam Textile Sector Off Track

30 July 2018

Many at this year's SaigonTex show – Vietnam's premier event for the textile industries – welcomed the failure of the TPP initiative, confident that the country's ascent to the top of the exported-app...Read More

4.

VIETNAM: Maximum FDI Stake in Domestically-Based Airline Operator Raised to 49%

25 July 2018

The maximum permissible stake overseas investors are allowed to hold in a domestically-based air services operator is to be raised from 30% to 49%....Read More

5.

Vietnam Looks to Woo European Consumers with Homely Handicrafts

24 July 2018

While the majority of exhibitors at the Lifestyle Vietnam expo were local handicraft businesses looking to export, there were also – perhaps in a sign of things to come – several overseas companies ke...Read More

6.

VIETNAM: Free Company Incorporation in National Capital from August Onwards

21 June 2018

Companies will be incorporated free of charge in Hanoi from August this year onward. The move comes as part of a bid to increase the number of businesses registered in the country’s capital from the c...Read More

7.

VIETNAM: Controversial Cybersecurity Law Set to Make All User Data Government-Accessible

15 June 2018

Vietnam's controversial new Law on Cybersecurity will oblige all overseas service providers – including the likes of Google and Facebook – to store all data on local users on Vietnam-based servers, wh...Read More

8.

Overseas Brands Look to Carve Up Vietnam's Growing Cosmetics Market

14 June 2018

Small but beautifully formed as it may be, Vietnam's cosmetics sector has caught the attention of the industry giants, with many of them keen to build their brands in what is set to become one of Asia...Read More

9.

Vietnam: Market Profile

8 June 2018

Vietnam’s medium-term outlook remains favorable, with GDP expanding by 6.8 percent in 2017. Vietnam’s 2011 – 2020 Socio-Economic Development Strategy – a 10 year strategy – highlights the need for str...Read More

10.

VIETNAM: 60 Day Turnaround Mandated for Re-Export Goods in Bid to End Illicit Food Imports

29 May 2018

Goods imported for re-export now need to be processed and dispatched within 60 days, with any instances of non-compliance punishable by the sequestration and destruction of the goods in question....Read More

11.

VIETNAM: Minimum Equity Requirement Raised to 20% for PPP Investors

23 May 2018

The minimum equity requirement for private investors in public-private partnership (PPP) projects requiring investment capital of up to VND 1,500 billion (US$66 million) is to increase from its presen...Read More

12.

VIETNAM: Coastal City Launches Online SME Showcase and Business Matching Service

14 May 2018

The coastal city of Danang has launched a dedicated portal – www.danangtrade.gov.vn – designed to showcase local SME products....Read More

13.

VIETNAM: Deadline for Cut in Formaldehyde and Aromatic Amines Levels in All Textiles Postponed Until 2019

8 May 2018

The deadline for cutting the level of formaldehyde and AZO dye-derived aromatic amines in all textile products sold in the country has been extended until 1 January 2019....Read More

14.

VIETNAM: Self-Issued Certificates of Origin Mandatory for EU GSP Exports from 2019

7 May 2018

From 2019 onwards, all companies exporting to the European Union (EU) under the terms of the Generalised System of Preferences (GSP) programme will be obliged to self-issue Certificates of Origin (COO...Read More

15.

VIETNAM: One-Stop Cargo Clearance System Extended to Hanoi Airport

23 April 2018

The country’s automated cargo clearance system is now up and running at Noi Bai International Airport, the primary air terminal serving Hanoi, the national capital....Read More

16.

VIETNAM: Binh Duong Moves to Streamline Business Incorporation Procedures

16 April 2018

The processing time for securing an Enterprise Registration Certificate (ERC) has been cut from four days to just two in Binh Duong, a province some 40 kilometres to the north of Ho Chi Minh City (HCM...Read More

17.

VIETNAM: CIT Rate to be Lowered to 15-17% in Bid to Boost Competitiveness

11 April 2018

Vietnam’s Prime Minister Nguyen Xuan Phuc recently revealed in a business summit that the government has planned to reduce the country’s corporate income tax (CIT) rate from 20-22% at present to 15-17...Read More

18.

TPP Countries Sign New Agreement

29 March 2018

The Trans-Pacific Partnership group of countries (Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam) recently signed in Santiago, Chile, a new Compreh...Read More

19.

VIETNAM: Construction Permit Approval Time Cut from 166 Days to 120

20 March 2018

The maximum time for construction permit approval is cut from 166 days to 120 with immediate effect. The move is in line with recent calls from the prime minister to streamline the approval process....Read More

20.

VIETNAM: One-Stop Cargo Clearance System Set for September Rollout

6 March 2018

Plans are in place to extend the use of an automated cargo clearance system to all of the ports and airports in 11 of the country’s major cities and provinces by September 2018....Read More

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