Other Briefings
New Issue of Vietnam Briefing: Re-evaluating Your Vietnam Representative Office
This issue of Vietnam Briefing examines ROs – the processes of working with them, and the rationale for either upgrading or closing them. We explain not just how to close up your RO, but also list out the common reasons for doing so.
How to Avoid Double Taxation in Vietnam
May 23 – Both foreign and domestic residents of Vietnam are able to obtain reductions and exemptions on their taxes through a variety of different methods. Thanks to the DTAAs that Vietnam has, the tax reductions and exemptions you may be subject to are easy to understand and to take advantage of – all you […]
Introduction to Double Taxation Avoidance in Vietnam
May 16 – With regard to international trade, the various countries’ tax systems oftentimes put global investors in the unfavorable position of having to face redundant taxes on their income —i.e., double taxes . For example, a company may be subject to taxes in its country of residence and also in the countries where it […]
Expanding Your China Business to India and Vietnam
In this issue of Asia Briefing Magazine, we discuss why China is no longer the only solution for export-driven businesses, and how the evolution of trade in Asia is determining that locations such as Vietnam and India represent competitive alternatives.
Vietnam, Malaysia Hold Joint Trade Commission
Mar. 8 – The Malaysian International Trade and Industry Ministry (MITI) announced that bilateral trade between Malaysia and Vietnam surged by 25.3 percent to reach US$9.03 billion over the past year. Vietnam’s exports to Malaysia registered US$5.2 billion, while Malaysia exported US$3.83 billion to Vietnam. This news came off the heels of the second meeting […]
ASEAN-India Free Trade Area Part II: Indonesia, Vietnam & Myanmar
By Alex Tangkilisan Feb. 20 – In the second part of our ASEAN-India Free Trade Area analysis, we will examine trade trends and statistics from India to Indonesia, Vietnam and Myanmar. Indonesia and Vietnam make up two of the major six economies in ASEAN, while Myanmar is one of the four smallest economies in the […]
China Set to Lose Out to Vietnam as U.S. TPP Deal Looms
Feb. 6 – The Trans-Pacific Partnership trade bloc that the United States has entered into with 10 nations and of which China has been highly critical, is set to bite into China’s textiles industry later this year when U.S.-Vietnamese negotiations over tariffs and tax rates are concluded. The TPP – which includes the United States, […]
Vietnam-EU Free Trade Agreement Negotiations Continue
Jan. 23 – On January 16, the Multilateral Trade Assistance Project (MUTRAP) and the Danang Branch of the Vietnam Chamber of Commerce and Industry (VCCI) held a seminar to discuss the contents of the Vietnam-European Union (EU) Free Trade Agreement (FTA). The seminar’s purpose was to assist Vietnamese enterprises in gaining a clearer understanding of […]
Vietnam and Singapore Sign Second Protocol to Amend DTA
Jan. 16 – On September 12, 2012, Singaporean Deputy Prime Minister and Minister for Finance Tharman Shanmugaratnam and Vietnamese Minister of Finance Vuong Dinh Hue signed a second Protocol to amend the existing double taxation agreement (DTA) between the two countries. The DTA entered into force on January 11, 2013 in Singapore, and will be […]
New Issue of Vietnam Briefing: Annual Compliance and Audit
In this issue of Vietnam Briefing, we address a number of annual compliance topics relevant to foreign investors in Vietnam. Namely, annual reporting for foreign-owned enterprises and representative offices, as well as annual tax finalization (corporate income tax and personal income tax), and annual financial statements (structure, general accounting treatments, deductible expenditures, submission).
