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1.

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

2.

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

3.

Vietnam: Market Profile

15 March 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

4.

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

5.

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

6.

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

7.

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

8.

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

9.

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

10.

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

11.

VIETNAM: Streamlined Imports/Exports on Offer to Historically-Compliant Companies

13 Dec 2018

Businesses with a proven record of compliance with the country’s export and import regulations are to be granted access to streamlined ingress and egress procedures....Read More

12.

VIETNAM: Port Service Fees Set to be Revised as of January 2019

12 Dec 2018

The country’s port fee schedules are set to be revised as of 1 January next year....Read More

13.

VIETNAM: 14 Stalled Hung Yen Projects Set to Lose Investment Licences

10 Dec 2018

The investment licences for 14 projects, given the go-ahead in the period 2008-2014, in the northern Hung Yen province are set to be revoked following excessive delays or failures to initiate agreed d...Read More

14.

VIETNAM: Foreign Currency Loans for Exporters Now Available Until December 2019

5 Dec 2018

The State Bank initiative that gave local exporters access to foreign currency-denominated loans will now run until 31 December 2019....Read More

15.

VIETNAM: Origin of Export Goods Set for Stringent Verification

30 Nov 2018

Checks on the exact origin of goods are to be stepped up before exporting as the country looks to ensure it is complying with its international obligations....Read More

16.

VIETNAM: 100% Overseas Ownership Approved for Majority of Listed Companies

20 Nov 2018

Overseas investors are to be permitted to acquire a 100% stake in the majority of the country’s listed companies....Read More

17.

VIETNAM: Tax Cut Mooted for All Domestically-Produced Automotive Parts

5 Nov 2018

A tax cut on all locally-produced automotive parts has been proposed by the Ministry of Industry and Trade (MoIT) as a mean of helping to develop a local supply chain for the country’s emerging automo...Read More

18.

VIETNAM: Stricter Regime Adopted for All Frozen Meat Products

30 Oct 2018

Under the terms of new regulations, jointly issued by the Ministry of Agriculture and Rural Development (MARD) and the Ministry of Science and Technology (MoST, all frozen meat products must be certif...Read More

19.

VIETNAM: Mandatory Registration Scrapped for E-commerce Operators

16 Oct 2018

As of 18 October 2018, individuals and businesses operating e-commerce websites will no longer be obliged to register with the Ministry of Industry and Trade....Read More

20.

BRI Backers Assume Control of Two Key Vietnamese Power Projects

11 Oct 2018

Mainland and Hong Kong contractors drafted in to steer struggling coal-fired power station developments....Read More

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