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FOREIGN EMPLOYEES IN VIETNAM – COUNSEL AND SUPPORT REQUIRED LOCAL COMPLIANCE PROCEDURES
Foreigners who are working in Vietnam shall be complied with the local labor laws and regulations to avoid any issues and violations, keep a good standing working history in Vietnam.
WHY DO CLIENTS FULLY ENTRUST VIVA TO MANAGE THE REQUIRED COMPLIANCE PROCEDURES?
VIVA BCS is a business consulting company, specializing in business compliance procedures according to local business laws and regulations since 2006. VIVA has been continuously trusted by thousands of reputable clients since 2006. Our exclusive services are consistent with practice expertise in Business laws – Employment relations – Tax and accounting – Corporate finance – Internal management and internal audit.
VIVA has been successfully providing services for thousands of leading companies from Hong Kong, Japan, USA, EU, Singapore, India, China, Korea…. in forms of FDI companies, Foreign representative offices, Foreigners working in Vietnam, Vietnamese SMEs, Chief Operation Officers.
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VIETNAM ECONOMY INVESTMENT
VIETNAM ONE OF FASTEST-GROWING E-COMMERCE MARKETS IN SOUTHEAST ASIA
The report released on July 16 highlighted that the total GMV of Southeast Asia’s eight leading e-commerce platforms rose to $114.6 billion in 2023, up 15 per cent from 2022. The key drivers for the region's e-commerce GMV expansion in 2023 are Vietnam and Thailand, growing 52.9 per cent and 34.1 per cent on-year, respectively.
MEMBER CORNER / PROMOTIONS
ONE-TIME OFFER: COMPLEMENTARY CATHAY PACIFIC LOUNGE PASS
Begin your trip on the right note in Cathay Pacific’s first-ever ferry lounge, located at Shenzhen’s Shekou Cruise home port. Situated at the end of the pier, the ferry lounge offers a breathtaking 270-degree view of the sea. You can immerse yourself in sheer luxury and revel in the panoramic beauty. Catch a glimpse of Hong Kong in the distance.
PROPERTY / INDUSTRIAL ZONE
VIỆT NAM TARGETS FULL MOBILE BROADBAND COVERAGE ON HIGHWAYS, INDUSTRIAL ZONES BY 2025
By 2025, Việt Nam aims to achieve one hundred per cent mobile broadband coverage on all national highways, expressways and railways under a plan to enhance the quality of Việt Nam’s mobile telecommunications network by 2025, which has been approved by the Ministry of Information and Communications (MIC).
GARMENT / TEXTILE
FOOTWEAR EXPORTS SEEN REACHING US$27 BILLION THIS YEAR
This optimistic forecast reflects the industry’s efforts to expand and diversify its markets. Lefaso indicated that Vietnam’s footwear sector will concentrate on traditional markets like the U.S. and the European Union, alongside markets with free trade agreements to maximize opportunities.
BANKING / FINANCE / INSURANCE / TAX
2025 PIVOTAL FOR STOCK MARKET UPGRADE EFFORT
The Ministry of Finance (MoF) is expected to soon publish the entire content of the draft circular amending and supplementing four circulars on transactions, registration, depository, and clearing, as well as operations of securities companies and information disclosure. This move, along with feedback and explanations, aims to meet the criteria for upgrading Vietnam’s stock market.
BANKING / FINANCE / INSURANCE / TAX
VIETNAM INTENSIFIES E-COMMERCE TAX SCRUTINY
The department plans to offer guidance for and hold direct dialogues with e-commerce taxpayers to ensure compliance. Efforts will also include updating the e-commerce database, conducting risk analysis, and leveraging artificial intelligence (AI) to manage data and issue alerts.
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