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Vietnam Ranks as 2nd Most Attractive Nation in ASEAN for US Business

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According to survey results recently released by the U.S. Chamber of Commerce in Singapore, Vietnam is the second most popular destination for U.S. business expansion among the member states of the Association of Southeast Asian Nations (ASEAN). Indonesia took the top position.

Singapore and Vietnam Sign MOU on Intellectual Property

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Singapore and Vietnam committed to greater collaboration on intellectual property (IP) utilization and protection in a Memorandum of Understanding (MOU) signed on Wednesday, July 2. The two countries signed the agreement during the four-day 44th Asean Working Group on Intellectual Property Cooperation (AWGIPC) meeting in Ho Chih Minh City this week.

Vietnam and Myanmar Sign MoU to Strengthen Mutual Cooperation in the Banking Sector

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Vietnam and Myanmar are building economic ties, primarily in the banking sector, after signing a memorandum of understanding on cooperation between a state-owned Vietnamese bank and a Myanmar industrial-related bank in Yangon earlier this month.

U.S. Imposes Anti-Dumping Duty on Steel Products from Thailand, Malaysia and Vietnam

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The U.S. Department of Commerce announced its decision last week to impose an anti-dumping duty on stainless steel pressure pipes imported from Thailand, Malaysia and Vietnam.

Vietnam Granted Largest Loan Yet from ASEAN Infrastructure Fund

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Last week, the ASEAN Infrastructure Fund (AIF) approved a US$100 million loan to finance a power transmission project in Vietnam while giving the green light to several other infrastructure projects in the region.

Vietnam Online – Understanding Vietnam’s E-commerce Market

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Vietnam, like much of Asia, has a growing middle class which, in-turn, is spawning a strong consumer culture. Within the country, e-commerce is fast becoming the preferred method of shopping, particularly among the young.

An Introduction to Doing Business in Vietnam 2014 (Second Edition)

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An Introduction to Doing Business in Vietnam 2014 (Second Edition) provides readers with an overview of the fundamentals of investing and conducting business in Vietnam. This guide explains the basics of company establishment, annual compliance, taxation, human resources, payroll, and social insurance in the country.

Made in ASEAN: Vietnam Cuts Import Taxes for ASEAN-made Vehicles

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Ho Chi Minh City – As of January 1, 2014, vehicles imported from other ASEAN countries to Vietnam are eligible to receive a 10-50 percent tax cut following the 2008 ASEAN Trade in Goods Agreement (ATIGA). The new tax rate for vehicles imported into Vietnam from ASEAN nations is displayed in the following chart: ASEAN […]

Vietnam Increases Trade Deficit with ASEAN Nations

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Oct. 21 – Vietnam has increased its trade deficit by US$2.13 billion during the first nine months of the current fiscal year as imports from other ASEAN nations rose, according to trade statistics published this month. During this time, total trade turnover between Vietnam and the ASEAN bloc totaled US$29.6 billion, with Vietnamese exports growing […]

Vietnam, Myanmar Ease Visa Restrictions

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Oct. 9 – In a move to strengthen relations between the two ASEAN countries of Myanmar and Vietnam, starting October 26, 2013, Vietnamese passport holders will no longer have to obtain a visa in order to visit Myanmar for short term stays of up to 14 days. The visa exemption agreement, which was enacted to […]

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