Investment in Solar Power in Vietnam
Viet Nam has a great potential for solar power in comparison with other countries in Asia. However, this power is not developed appropriately to gain the maximum profit, then it will be a promising area for the foreigner investors who intend to do business in Vietnam.
Continue ReadingIncentives for Solar Energy Development In Vietnam
A solar power source in Vietnam is plentiful in comparison with other countries in Asia, especially in the Central and the South of Vietnam, for example: Quang Nam, Quang Ngai, Ninh Thuan, Khanh Hoa, Dak Lak, etc.,
Continue ReadingMarrige Registration in Vietnam
Under the Law of Vietnam, the minimum age for a man getting married is a full 20 years of age or older, and for a woman is a full 18 years of age or older, and there is no difference between the Vietnamese or foreigners living in Vietnam.
Continue ReadingCorporation Income Tax In Vietnam
Corporate income tax (CIT) is a tax levied on the profits of companies and 20% is the CIT rate in Vietnam. This rate in Vietnam is higher than in Singapore (approximately 17%).
Continue ReadingTaxation 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...
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