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1.

VIETNAM: Clarification Issued with Regard to Use of “Made in Vietnam” Designation

9 Aug 2019

In a bid to ensure the “Made in Vietnam” citation is correctly deployed, the Ministry of Industry and Trade (MOIT) has issued a circular specifying the criteria for determining whether goods have been...Read More

2.

VIETNAM: Free Trade Agreement Signed with the European Union

11 July 2019

Vietnam has now formally signed a Free Trade Agreement (FTA) and an Investment Protection Agreement (IPA) with the European Union (EU)....Read More

3.

Vietnam Signs “Milestone” Trade and Investment Agreements with EU, Upping Pressure on Competition from Other Asian Countries

8 July 2019

On 30 June 2019, the EU and Vietnam signed two long-awaited agreements which provide for a significant liberalisation in trade and facilitation of investments between the two trading partners. The amb...Read More

4.

VIETNAM: Overseas E-Commerce Businesses Set to Become Income Tax-Liable

5 July 2019

Tax is to be payable on all of the country’s digital transactions from 1 July 2020. For the first time, this will see overseas companies in receipt of Vietnam-sourced online payments liable to pay inc...Read More

5.

Vietnam: Visa on Demand

21 June 2019

This page provides general information about visa requirements for Hong Kong residents travelling to Vietnam. For residents outside Hong Kong, please contact the nearest embassy or consulate. As the a...Read More

6.

Vietnam: Market Profile

19 June 2019

Vietnam is now one of the most dynamic and fastest growing emerging markets, globally. In 2018, a continued stellar expansion in manufacturing output, propelled by buoyant export demand for electronic...Read More

7.

VIETNAM: Anti-Dumping Duty Imposed for 120 Days on China-Sourced Aluminium Imports

11 June 2019

Certain aluminium imports of China origin are to be subjected to anti-dumping duty (ADD), albeit for a temporary period. The measure, which came into effect on 5 June, will apply to aluminium extrusio...Read More

8.

VIETNAM: Crackdown on the Re-Export of Foreign Products as Domestic Items Mandated

20 May 2019

New measures have been introduced to combat the increased prevalence of overseas-manufactured items being re-exported as domestically-produced....Read More

9.

VIETNAM: Ho Chi Minh City Considering Imposing Tax on Luxury Items

16 May 2019

The Ho Chi Minh City (HCMC) municipal government is considering imposing a Special Consumption Tax (SCT) on a range of non-essential/luxury goods and services, including mobile phones, perfumes, cosme...Read More

10.

BRI-Backed Hanoi Metro Rail Line Set to Open for Passenger Travel

6 May 2019

Chinese investment sees Vietnam's first urban railway finally ready to begin commercial operation....Read More

11.

VIETNAM: Import of 10-Year-Old Machinery Vetoed as of 15 June

2 May 2019

The import of all used machinery with a provenance of 10 years or more is to be banned as of 15 June this year. Furthermore, the import of used machinery less than 10-years-old is only to be permitted...Read More

12.

VIETNAM: Overseas Investors Cleared to Use Foreign Currency in New Privatisation Round

18 April 2019

The State Bank of Vietnam (SBV), the country’s central bank, has announced liberalised arrangements for the use of foreign currency by overseas investors participating in the privatisation of State-Ow...Read More

13.

VIETNAM: Corporate Income Tax Cut Mooted in Bid to Boost SME Sector

8 April 2019

A move to cut Corporate Income Tax (CIT) from 20% to 15-17% for small and medium-sized enterprises (SMEs) has been mooted by the Finance Ministry....Read More

14.

VIETNAM: Domestically-Produced Auto-Parts Set to be Exempt from Special Consumption Tax

1 March 2019

The Ministry of Finance has proposed abolishing the Special Consumption Tax (SCT) on all locally-produced automotive parts destined for use in the assembly of vehicles with a maximum of nine seats....Read More

15.

VIETNAM: Corporate Tax Incentives Introduced for Science/Technology Businesses

22 Feb 2019

Science and technology-oriented businesses are to be exempt from corporate income tax (CIT) for four years and then offered a 50% CIT cut for a further nine years....Read More

16.

VIETNAM: Annual Internal Audits Compulsory for Publicly-Listed Companies

11 Feb 2019

As of 1 April this year, all publicly-listed companies, as well as those in which the state holds an equity stake of 50% or more, will be obliged to conduct annual internal audits....Read More

17.

VIETNAM: Certificate of Origin Procedures Amended for Trans-Pacific Partnership Signatories

4 Feb 2019

When exporting to any of the 10 fellow signatories under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), local businesses will be obliged to follow new procedures in...Read More

18.

Vietnam: An Emerging Market for Hong Kong Lifestyle Products

21 Jan 2019

Thanks to rising incomes and growing consumer sophistication, Vietnam is becoming a lucrative market for lifestyle products. Eco-friendly products, packaged food, fashion and accessories are some of t...Read More

19.

Vietnam’s Demand for Hong Kong Services: InStyle Hong Kong Expo Survey

14 Jan 2019

With the flourishing manufacturing sector and integration with the global supply chain, Vietnam’s demand for professional services has been on the rise. An HKTDC survey has revealed that Hong Kong is ...Read More

20.

VIETNAM: Regulations Relaxed to Maximise Overseas Participation in Privatisation Process

3 Jan 2019

Overseas investors are to be permitted to submit foreign currency deposits when bidding to acquire a stake in any of the country’s State-Owned Enterprises (SOEs)....Read More

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