feedback welcomed for upcoming tax law changes

Feedback welcomed for upcoming tax law changes

Next year and the following year, there are important amended tax laws coming into effect on the VAT, corporate income tax (CIT) and special sales tax (SST), which are of concern to the businesses and those affected.
17 billion usd needed to build railway connecting to seaports

17 billion USD needed to build railway connecting to seaports

As much as 17 billion USD is needed to build two railway routes connecting to seaports, namely Lao Cai-Hanoi-Hai Phong and Bien Hoa-Vung Tau, according to the Ministry of Transport (MoT).
power plan a leap in the right direction for 2050 ambitions

Power plan a leap in the right direction for 2050 ambitions

Vietnam’s Power Development Plan VIII (PDP8) will enable the power sector to align with the nation’s international commitments, including the Just Energy Transition Partnership. It is the dawn of green and sustainable development for the sector, with the hope of restarting pending power projects and contributing to net-zero commitments by 2050.
clarifying rights of foreign individuals to own property in vietnam

Clarifying rights of foreign individuals to own property in Vietnam

Whether foreigners have the right to own their land and property in Vietnam and how they can get these rights are among the key concerns of many who wish to live and work in Vietnam long term. Valerie Teo, tax partner, and Nghiem Xuan Hong An, senior manager of Tax Services at Grant Thornton Vietnam, analyse the requirements.
155 billion in financing for green energy from just energy transition partnership

$15.5 billion in financing for green energy from Just Energy Transition Partnership

2023 could be an interesting year for Vietnam’s energy sector, as $15.5 billion of financing is set to be mobilised for Vietnam’s green energy transition through a recent energy partnership.
vietnams draft e transaction law and the highlights within

Vietnam’s draft e-transaction law and the highlights within

The current Vietnamese Law on E-transactions 2005 is based upon the model Law on E-Commerce, which is outdated, and its terms are difficult to apply in practice. Meanwhile, e-commerce transactions are increasingly developing due to changing user demands and habits since the COVID-19 pandemic.
defining innovative startup enterprises in vietnam

Defining innovative startup enterprises in Vietnam

The state has provided special policies to encourage small- and medium-sized startup enterprises (SMEs) that primarily focus on tech advancement and research, and need the assistance of all resources for building their reputation and market status.
will personalised education be the game changer

Will personalised education be the game changer?

Geniebook is continuing its expansion in Vietnam with a new local office and a renewed mission to foster one million changemakers in one of Asia’s most dynamic markets. At the recent launch ceremony, Geniebook founders Neo Zhizhong and Alicia Cheong talked with VIR’s Linh Le about the company’s take on Vietnam’s edtech industry and ways to personalise learning.
conforming to treaty via law on ip

Conforming to treaty via Law on IP

In the last few years, Vietnam has signed a certain number of international trade agreements which require Vietnam to accede to or approve the WIPO Copyright Treaty (WCT) within a prescribed time period. Partner Nguyen Thi Hong Anh and junior associate Vu Hoang Ha Thu of Indochine Counsel take a look at amendments and supplements made in the Law on Intellectual Property in June.
vietnamese tourism on the rise

Vietnamese tourism on the rise

Diplomats and tourism leaders have shared with VIR’s Hong Anh their thoughts on Vietnamese tourism moving forward, with the skies now opened and favourable policies on offer to attract international travellers.
unpacking hybrid workplace trends

Unpacking hybrid workplace trends

The hybrid office is emerging as an effective working model for businesses across the country, offering clear advantages over previous solutions. Tu Thi Hong An, director of Commercial Leasing at Savills Ho Chi Minh City, talked with VIR's Bich Ngoc about the combined office model and development trends in the Vietnamese market.
specific mechanisms and policies additional resources for haiphong to break through

Specific mechanisms and policies: additional resources for Haiphong to break through

At the second session of the 15th National Assembly, the northern port city of Haiphong and three other localities were approved to pilot a number of mechanisms and policies to spur development.
compulsory patent licensing for crucial vaccines in vietnam

Compulsory patent licensing for crucial vaccines in Vietnam

A controversy surrounds patent rights, particularly around much sought-after vaccines. Nguyen Thi Hong Anh, partner and head of the IP and Technology Practice Group at Indochine Counsel, provides a summary of the laws and regulations directed to compulsory licensing of patent rights in Vietnam.
vsip haiphong 10 year journey to affirm position in the port city of haiphong

VSIP Haiphong – 10-year journey to affirm position in the port city of Haiphong

More than 10 years since starting construction in 2010 under the witness of the prime ministers of Vietnam and Singapore, VSIP Haiphong is looking back on a long journey through which it has transformed the face of Haiphong and the lives of its people.
vietnamese policy for emergency vaccine imports

Vietnamese policy for emergency vaccine imports

Amid growing coronavirus cases from the latest outbreak in the country, the Vietnamese government is taking measures to speed up the vaccine rollout for its population. The government has approved the establishment of a COVID-19 vaccine fund, which will receive, manage, and use voluntary financial and vaccine donations and assistance from domestic and foreign organisations and individuals, for vaccine procurement and import, research and production in Vietnam, and distribution of vaccines for the people.