Business News

[17-03-2015] Vietnamese firms have reported that finding qualified employees to fill critical positions is one of their biggest challenges and it is impeding both growth and the attraction of foreign investment. They have also reported that the nation has a work/skill gap, which is contributing to the problem and making it difficult to find and match the right candidate with the right job.

[17-03-2015] Local travel agencies have voiced outcry over a new immigration rule that requires the period between two visa-exempt entries into Vietnam by foreign passport holders to be at least 30 days. The new rule makes it hard for foreign tourists to take regional tours arranged by local companies. Domestic travel companies had attracted many foreign guests to buy such trips before the rule took effect in January this year.

[16-03-2015] The recent resurgence in the country’s residential real estate segment has partially been attributed to the changes in legislation that are set to take affect from July according to industry insiders. Jonathan Tizzard, national head of valuation & research from Cushman & Wakefield  Vietnam expressed his positivity about the changes.

[16-03-2015] Foreign developers have returned to the Vietnamese real estate market with a series of significant investments. Apart from existing experienced real estate developers eager to expand their portfolios, recent times have seen the emergence of new companies willing to test their ambitious development plans.

[13-03-2015] The Ministry of Transport has sent the Government its plans to sell majority State stakes at Saigon and Haiphong ports to Vingroup Joint Stock Company (Vingroup) and if they are approved, the restructuring and equitization plans for Vietnam National Shipping Lines (Vinalines) and Saigon Port would change considerably.

[12-03-2015] Investors of foreign-investment housing projects, who have not handed over the units to the buyers, will not be allowed to collect more than half of the apartment's value. This is part of a draft regulation of the construction ministry - prepared on the basis of the law on the real estate business – that is now inviting public opinion.

[11-03-2015] Recently, the Vietnam Chamber of Commerce and Industry (VCCI), in collaboration with the International Labour Office (ILO) in Vietnam, held the launching ceremony of VCCI Annual Report on the Labour Market Project in Hanoi. Making opening remarks, Dr Vu Tien Loc, VCCI President said: "Labour is playing an increasingly important role in the development of enterprises and the economy.

[16-03-2015] • Foreign Contractor Withholding Tax, 25 pages, March 2015
• Corporate Income Tax, 41 pages, November 2014
• Value Added Tax, 25 pages, May 2014
• Personal Income Tax, 31 pages, November 2014