On January 1, 2023, a revised version of Vietnam’s Law on Insurance Businesses came into force. This new law presents a number of opportunities for foreign firms that operate within the insurance sector.
There are quite a lot of due dates for compliance, labor, and tax in Vietnam and it can be difficult to keep track of them all. This list shows all of the key dates an enterprise may need to know. It covers what is due, when it is due, how often it falls due, and which department or ministry it needs to be submitted to.
The IMF will always accompany Việt Nam in post-COVID-19 recovery and development, Deputy Managing Director of the International Monetary Fund (IFM) Antoinette Sayeh pledged, expressing her hope for stronger cooperation with Vietnamese agencies, particularly the Economic Commission.
The Vietnam Chamber of Commerce and Industry (VCCI) has launched the Vietnam Business Integrity Index. The project, created in collaboration with the UNDP and funded by the British government, provides a toolkit for assessing the integrity and conduct of Vietnamese business. By doing this, the program’s developers hope to attract more investment and enhance the progression of Vietnamese enterprise.
When it comes to investing in Vietnam, foreign investors have been deluged with information on the prospects of the local economy in terms of the long-known indicators such as political stability, a young population, coupled with a fast-growing middle class, trade openness, and so on. These factors together contribute to Vietnam as an attractive investment destination for international businesses looking for market expansion, or supply chain diversification.
Ho Chi Minh City is a key economic hub located in the heart of the Southern region of Vietnam. With a strategic position and an abundant workforce, Ho Chi Minh City, formerly Saigon, is one of the two only ASEAN cities to make it to the top 10 most dynamic cities globally. Vietnam Briefing provides an overview of Ho Chi Minh City and the major industries of this metropolis.