Aligning transfer pricing with international norms

Aligning transfer pricing with international norms

The growth of foreign-invested enterprises (FIEs) in Vietnam has recently raised increasingly complicated tax concerns. These problems arise primarily from the practical issues of determining the transaction price between FIEs and their related parties.
Tax authorities clamping down on foreign evaders

Tax authorities clamping down on foreign evaders

Foreign-invested enterprises will no longer be allowed to ignore their tax obligations as Vietnamese tax departments step up action on duty-dodging businesses.
Aligning Vietnamese tax procedures with the world

Aligning Vietnamese tax procedures with the world

Vietnam is welcoming more investors and the country is witnessing an increase in foreign direct investment. However, legislation and taxation in the country are concerns for financiers with varying meanings in legal documents as well as in implementation.
MoF’s legal framework to allow FIE bourse entry

MoF’s legal framework to allow FIE bourse entry

The Vietnamese government is on the way to remove roadblocks for foreign-invested enterprises to raise public capital on local bourses, in a signal to attract more overseas attention.
Foreign-invested firms eyeing up stock listings

Foreign-invested firms eyeing up stock listings

Vietnam plans to launch new rules that make it easier for foreign-invested enterprises to list on domestic stock markets, amid necessity to draw in international capital.
FIEs contribute billions of dollars to state budget

FIEs contribute billions of dollars to state budget

For the first time, foreign invested enterprises’ revenue and specific contributions to Vietnam’s state budget have been revealed, with the electronics and garment-textile industries being their biggest earners.
Runaway investors show need for increased control over FDI firms

Runaway investors show need for increased control over FDI firms

The prime minister has requested Dong Nai to report on the runaway investor at South Korean-backed company KL Texwell Vina in Bau Xeo Industrial Park.
MPI plan ready to charm the pants off FDI players

MPI plan ready to charm the pants off FDI players

Vietnam is mapping out a comprehensive strategy to attract foreign direct investment to excite investors’ eyes.
Defining smooth roads for FDI inflows

Defining smooth roads for FDI inflows

While Vietnam is targeting to attract more foreign investment, opaque definitions of a foreign-invested company are causing big barriers for foreign investors to enter this market.
Reporting burden for investors

Reporting burden for investors

The government is putting the quality of foreign direct investment under the microscope with extra reporting responsibility for investors.
Minimum salary rises not a bother for foreign businesses

Minimum salary rises not a bother for foreign businesses

A rise in minimum salary levels is not expected to put a big dent in foreign enterprises’ pockets.
Firms alarmed at MoLISA’s wage plan

Firms alarmed at MoLISA’s wage plan

Vietnam’s new minimum salary increase proposal has been frowned upon.
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