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.
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.
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The current Vietnamese Law on E-transactions 2005 is based upon the model Law on E-Commerce, which is outdated, and its terms are difficult to apply in practice.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.
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.
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.
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.
optimising benefits from tax incentives

Optimising benefits from tax incentives

In order to attract inbound investment, the Vietnamese government offers investors a variety of incentives and support for investment, including tax incentives for a certain period of time or the entire duration of the project. Of these, corporate income tax incentive is a big concern for most investors when doing business in Vietnam.
dynamically growing ho tram strip in the grand plan for vietnams economic development

Dynamically growing Ho Tram Strip in the grand plan for Vietnam's economic development

On June 15, Ho Tram Project Company (HTP) announced the development of the third phase of its Ho Tram Strip project, a residential tower, condotel, and villa development, marking another milestone for the project as well as the company. Michael Kelly, HTP’s executive chairman, talked with VIR’s Hong Anh about HTP’s grand plan for Ho Tram Strip and the company’s work to turn the development into a major attraction in the south of Vietnam that also contributes to the economic growth of Ba Ria-Vung Tau province, where the project is located, and the country in general.
vir reporters receive two national journalism prizes

VIR reporters receive two National Journalism prizes

Reporter Pham Anh Minh and the trio of Nguyen Phong Lan, Bui Thu Trang and Do Thi Men  received two national journalism awards at the 11th National Journalism Award 2016 ceremony on June 21.
nus study cybercriminals exploit pirated software to fuel malware infections in asia pacific

NUS Study: Cybercriminals exploit pirated software to fuel malware infections in Asia-Pacific

Cybercriminals are compromising computers by embedding malware in pirated software and the online channels that offer them, according to the result released today of the study “Cybersecurity Risks from Non-Genuine Software” conducted by the National University of Singapore (NUS) Faculty of Engineering and commissioned by Microsoft.
mbland pan pacific sign contract on operation management of pan pacific danang hoi an resort

MBLand, Pan Pacific sign contract on operation, management of Pan Pacific Danang-Hoi An Resort

On June 20, developer MBLand Holdings, Tonkin Property and Pan Pacific Hotels Group officially signed the contract on the operation and management of the luxury Pan Pacific Danang - Hoi An Resort.
famous vietnamese brands scores lower this year

Famous Vietnamese brands scores lower this year

According to the results released on June 19 of the annual Asia’s Top 1000 Brands survey, the 11 Vietnamese brands featured last year remained this year, although most of them slipped down the ranking.