Taxation in Vietnam
In general, foreign invested companies (FICs) and individuals doing business in Vietnam will find themselves subject to some taxes like the Vietnamese companies and locals, including enterprise income tax (EIT), VAT, personal income tax (PIT), special consumption tax, etc.
Continue ReadingSetting Up A Branch In Vietnam
Foreign companies can establish their branches in Vietnam. However, each foreign company cannot establish more than one branch that has the same name within a province or centrally-affiliated city.
Continue ReadingVietnam, Indonesia target US$10 billion trade by 2020
Vietnam and Indonesia should step up their cooperative efforts in order meet the bilateral trade target of US$10 billion by 2020, Vietnamese Minister of Industry and Trade Tran Tuan Anh informed his Indonesia counterpart Enggartiasto Lukita.
Continue ReadingVietnam: Key player in promoting ASEAN tourism
The 46th meeting of the ASEAN National Tourism Organizations and related meetings took place in Vinh Phuc Province from July 24-26, 2017. The hosting of this event reflected Vietnam’s determination to promote regional tourism cooperation with its neighbors in southeastern Asia...
Continue ReadingFDI over past 7 months rises by 5.8%
In the first seven months of the year, total newly registered and supplemented capital, as well as capital contribution and share purchases was over US$21.93 billion, up 52% from the same period last year...
Continue ReadingVietnam attracts nearly US$20 billion FDI in first half of 2017
Total foreign direct investment (FDI) registered in Vietnam for the first half of the year reached approximately US$19.22 billion, the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment has announced.
Continue ReadingDa Nang woos 15 projects in industrial, high-tech parks
The central city of Da Nang attracted 13 domestic and foreign-invested projects worth more than 277 billion VND (12.04 million USD) in industrial parks and two others in high-tech parks with a total registered capital of 366 billion VND (15.9 million USD) in the first half.
Continue ReadingQuang Nam Province: A magnet for investors
Quang Nam Province is home to more than 6,000 enterprises, many of which have joined the global value chain. The province is determined to further improve its investment environment in order to lure additional investments....
Continue ReadingSetting up a company in Hoi An
Hoi An – Quang Nam is an attractive destination not only for tourism but also for business. Returning the old days, Hoi An used to be the well-known trading port and commercial center for foreigner (especially Japanese and Chinese) to make their trade in Central Viet Nam and the Indochina...
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