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1.

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

2.

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

3.

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

4.

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

5.

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

6.

VIETNAM: Logistics Sector Now Open to Overseas Investment

15 Jan 2018

Overseas companies are now free to invest in the country’s logistics sector, either by establishing wholly-owned companies or by taking a stake of up to 49% in an existing local business....Read More

7.

VIETNAM: Preferential 2018-2022 FTA Tariffs Announced

9 Jan 2018

The preferential 2018-2022 import tariff rates relating to 10 of the free trade agreements (FTAs) to which Vietnam is a signatory have now been released....Read More

8.

VIETNAM: HCMC Ports Trial One-Stop Cargo Clearance System

8 Jan 2018

An automated cargo clearance system is being trialled at two of Ho Chi Minh City’s (HCMC) port facilities – the Lotus Port and the SP-ITC International Container Terminal....Read More

9.

VIETNAM: Foreign Currency Loan Scheme for Exporters Extended Until December 2018

4 Jan 2018

The scheme to entitle Vietnam-based exporters to foreign currency denominated loans has now been extended until 31 December 2018 from the end of 2017 previously. The State Bank of Vietnam, which manag...Read More

10.

VIETNAM: Fees for Port Facilities in Haiphong Cut by 20%

19 Dec 2017

As of 1 January 2018, the fees for using facilities in the northern port city of Haiphong will be cut by 20%. The move by Haiphong’s municipal government to revise the port fees on port infrastructure...Read More

11.

VIETNAM: Minimum Monthly Wage Set to Increase by 6.5% from January 2018

19 Dec 2017

An average increase of 6.5% in the minimum monthly wage is to be rolled out across Vietnam as of 1 January 2018. With wage bands tiered across the country, this will see employees’ monthly pay affecte...Read More

12.

VIETNAM: Three Month Trial Begins on One-Stop Online Tax System

13 Dec 2017

A one-stop Electronic Tax (eTax) system is currently undergoing a three-month pilot programme in two of the country’s northern provinces – Bac Ninh and Phu Tho....Read More

13.

ASEAN Consumer Survey: Hong Kong Awareness and Enjoyment

7 Dec 2017

The rise of middle income consumers in ASEAN countries keeps fueling growth of spending on many lifestyle products and services, including travel and leisure, healthcare and fashion. In the survey con...Read More

14.

VIETNAM: New Dawn Promised for Market-Driven Investment Planning

5 Dec 2017

A new market-driven investment planning environment, specifically designed to be more welcoming to overseas investors, is said to be the aim of Vietnam’s recently-adopted Law on Planning....Read More

15.

ASEAN Consumer Survey: E-Commerce Potential

5 Dec 2017

The ASEAN region is often considered a potential next ‘gold rush’ for e-commerce thanks to a growing middle class and rising internet penetration. A survey by HKTDC Research revealed that the ‘path to...Read More

16.

VIETNAM: Ho Chi Minh City Granted Investment Autonomy by Central Government

30 Nov 2017

As of 1 January 2018, the local government in Ho Chi Minh City (HCMC) will be free to make most of the policy decisions relating to investment, land management and public spending without securing pri...Read More

17.

ASEAN Consumer Survey: Consumer Preferences

30 Nov 2017

The rise of middle-income consumers continues to fuel sales growth of many products and services in ASEAN markets, including travel and leisure activities, as well as healthcare and fashion products. ...Read More

18.

ASEAN Consumer Survey: An Overview

28 Nov 2017

Hong Kong companies are increasingly eyeing the expanding middle class market in the ASEAN region in light of rising income and purchasing power. This fast-expanding middle class consumer market deman...Read More

19.

VIETNAM: Tax Office Calls for All E-commerce Payments to be Made Via State-run Channels

16 Nov 2017

Under proposed moves, all future cross-border e-commerce transactions may have to be electronically cleared and settled through the National Payment Corporation of Vietnam, the State Bank of Vietnam’s...Read More

20.

Looming Launch of Hanoi Light Railway Sees BRI Project Well on Track

16 Nov 2017

With Hanoi's light-railway network scheduled to become operational in 2018, the broader Belt and Road picture is coming into focus with many of the initial phases of its development programme now appr...Read More

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