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1.

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

2.

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

3.

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

4.

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

5.

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

6.

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

7.

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

8.

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

9.

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

10.

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

11.

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

12.

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

13.

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

14.

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

15.

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

16.

VIETNAM: Self-Certification Introduced for Quality and Origin of Food Imports

14 Feb 2018

Businesses are to be permitted to self-certify the country of origin and quality of imported food items, while confirming that they comply with Vietnam’s food safety requirements. While these new regu...Read More

17.

VIETNAM: Tighter Regime Introduced for Food Additives

8 Feb 2018

Any food products using additives not pre-approved by the Health Ministry are now barred from being manufactured or distributed in Vietnam, as well as from being imported. The move is intended to brin...Read More

18.

VIETNAM: Components in Imported Cars Face Mandatory Testing

1 Feb 2018

As of 1 March 2018, certain auto components imported into Vietnam will face mandatory testing to ensure they comply with the country’s quality, environmental and safety standards....Read More

19.

VIETNAM: Manufacturing and Agricultural Businesses Now Lending Priorities

29 Jan 2018

Lending to export-oriented manufacturers and agricultural businesses is to be prioritised over extending credit to the securities or real estate sector following a new directive from The State Bank of...Read More

20.

VIETNAM: Set-Up Requirements Clarified for FDI-backed Retail Businesses

26 Jan 2018

The Vietnamese government has now clarified the FDI rules for retail operations, requiring first-time foreign investors to submit a detailed financial plan for the proposed retail operation. The locat...Read More

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