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Vietnam Corporate Income Tax 2026: Rates, Incentives and Filing for Foreign-Invested Companies
Vietnam corporate income tax (CIT) is charged at a standard rate of 20% on taxable profit. Smaller companies can pay 15% or 17%, depending on the previous year's revenue. Qualifying investment projects can get lower rates and tax holidays. Foreign-invested companies are set up under Vietnamese law, so they file and pay CIT like any other Vietnamese company. This guide explains the current rates, incentives, deductible costs, loss rules and filing deadlines under the 2025 CIT
1 hour ago
Vietnam Corporate Income Tax 2026: Rates, Incentives and Filing for Foreign-Invested Companies
Vietnam corporate income tax (CIT) is charged at a standard rate of 20% on taxable profit. Smaller companies can pay 15% or 17%, depending on the previous year's revenue. Qualifying investment projects can get lower rates and tax holidays. Foreign-invested companies are set up under Vietnamese law, so they file and pay CIT like any other Vietnamese company. This guide explains the current rates, incentives, deductible costs, loss rules and filing deadlines under the 2025 CIT
Vietnam Tax and Compliance Calendar 2027 for Foreign-Invested Companies
Most Vietnam tax deadlines 2027 follow a simple pattern. Monthly returns are due by the 20th of the next month. Quarterly returns and provisional corporate income tax (CIT) payments are due by the last day of the first month of the next quarter. For a calendar-year company, the big annual date is 31 March 2027, when the CIT finalization, the employer's PIT finalization and the 2026 financial statements are all due. This guide lists the recurring deadlines, the 2027 dates by m
Certificate of Good Standing Hong Kong: How to Get One for a Vietnam Investment
A Hong Kong "certificate of good standing" is officially called a Certificate of Continuing Registration (CCR). The Companies Registry issues it for HK$170 for a live local company. For use in Vietnam, the certificate now normally needs an apostille from the Hong Kong High Court, because the Apostille Convention entered into force for Vietnam on 11 September 2026. In Vietnam, it then needs a notarised Vietnamese translation before it goes into an investment or enterprise regi
Vietnam vs Singapore for Business: Costs, Tax and Setup Compared
When founders compare Vietnam vs Singapore for business, the honest answer is that the two countries do different jobs. Singapore offers a 17% headline corporate tax rate, a fast online registration and a strong base for holding, finance and regional management. Vietnam offers a large workforce at a much lower wage level, a growing domestic market and a 20% standard corporate tax rate, with lower rates for small companies. Many Singapore groups use both: a Singapore holding c
Types of Companies in Vietnam: LLC, JSC, Branch and Representative Office
Foreign investors in Vietnam usually choose between four structures: a single-member limited liability company (LLC), a multi-member LLC, a joint stock company (JSC), or a non-company presence such as a representative office or branch. Most foreign-owned businesses start as a single-member LLC because it is simple to run and can be 100% foreign-owned in most sectors. A JSC suits companies that plan to raise capital or bring in many shareholders, while a representative office
IRC vs ERC in Vietnam: Which Licences a Foreign Investor Needs and When
A foreign investor setting up a new company in Vietnam usually needs two licences. The Investment Registration Certificate (IRC) approves the investment project: what you will do, where, with how much capital and on what schedule. The Enterprise Registration Certificate (ERC) creates the company as a legal entity and gives it an enterprise code that is also its tax code. Under the Law on Investment 2025, effective 1 March 2026, a foreign investor can now obtain the ERC first,
Legal
13th Month Salary and Tet Bonus in Vietnam: What Employers Must Pay
A 13th month salary is not required by Vietnamese law. Under Article 104 of the Labour Code 2019, bonuses, including a Tet bonus, are decided by the employer based on business results and each employee's performance. However, once a 13th month salary or Tet bonus is promised in an employment contract, collective agreement or bonus policy, the employer must pay it. Tet bonuses are taxable employment income, and they are usually paid in the weeks before Lunar New Year, which fa
5 days ago
13th Month Salary and Tet Bonus in Vietnam: What Employers Must Pay
A 13th month salary is not required by Vietnamese law. Under Article 104 of the Labour Code 2019, bonuses, including a Tet bonus, are decided by the employer based on business results and each employee's performance. However, once a 13th month salary or Tet bonus is promised in an employment contract, collective agreement or bonus policy, the employer must pay it. Tet bonuses are taxable employment income, and they are usually paid in the weeks before Lunar New Year, which fa
5 days ago
Vietnam Market Entry Requirements in 2026: A Decision Guide for Foreign Businesses
Vietnam market entry requirements depend on what your business plans to do. A US company may sell through a Vietnam-based importer or distributor without establishing a local company. It may consider a representative office for permitted market research and liaison activities. If it plans to run its own operations in Vietnam, it should assess an appropriate company or investment structure. Start by identifying who will contract, import, invoice, employ and obtain the required
Oct 26
Vietnam FDI Statistics 2026: Registered vs Disbursed Investment
Vietnam FDI statistics for January–September 2026 show USD 50.36 billion in registered foreign investment and an estimated USD 21.07 billion in disbursed FDI. Registered investment measures new commitments, increases to existing projects, and foreign capital contributions or share purchases. Disbursed FDI measures investment implemented during the period. The two figures answer different questions and should not be treated as money committed and then fully paid out by the sam
Oct 23
Vietnam Work Visa: LĐ1, LĐ2 and What Employers Need to Prepare
A Vietnam work visa addresses a foreign employee’s immigration status. LĐ1 relates to a work-permit exemption; LĐ2 relates to work for which a permit is required. Neither visa category replaces the need to establish the person’s right to work. Employers should assess the actual job, labour documents, sponsor, and length of stay before preparing a visa application. What Is a Vietnam Work Visa? Three different documents answer different questions: Document Main question it answ
Oct 23
M&A in Vietnam: A Practical Guide for Foreign Investors
A foreign investor can acquire a business in Vietnam by buying shares or capital, purchasing selected assets, or completing a merger. The suitable route depends on the business being acquired, its liabilities, foreign investment conditions, and the requirements triggered by that specific transaction. Before making an offer, map the parties, ownership percentages, activities, assets, and intended payment route. What Are the Main Ways to Acquire a Business in Vietnam? Structure
Oct 23
Trademark Registration in Vietnam: A Filing Guide for Foreign Businesses
A foreign business can apply to register a trademark in Vietnam without first establishing a Vietnamese company. It must choose the appropriate applicant and filing route, and may need to act through an authorised industrial property representative in Vietnam. The process is check the mark → choose goods and services → prepare and file → examination → decision. A trademark already registered in Hong Kong does not automatically receive protection in Vietnam. What Does Trademar
Oct 23
Incorporation
Certificate of Good Standing Hong Kong: How to Get One for a Vietnam Investment
A Hong Kong "certificate of good standing" is officially called a Certificate of Continuing Registration (CCR). The Companies Registry issues it for HK$170 for a live local company. For use in Vietnam, the certificate now normally needs an apostille from the Hong Kong High Court, because the Apostille Convention entered into force for Vietnam on 11 September 2026. In Vietnam, it then needs a notarised Vietnamese translation before it goes into an investment or enterprise regi
1 day ago
Certificate of Good Standing Hong Kong: How to Get One for a Vietnam Investment
A Hong Kong "certificate of good standing" is officially called a Certificate of Continuing Registration (CCR). The Companies Registry issues it for HK$170 for a live local company. For use in Vietnam, the certificate now normally needs an apostille from the Hong Kong High Court, because the Apostille Convention entered into force for Vietnam on 11 September 2026. In Vietnam, it then needs a notarised Vietnamese translation before it goes into an investment or enterprise regi
1 day ago
Vietnam vs Singapore for Business: Costs, Tax and Setup Compared
When founders compare Vietnam vs Singapore for business, the honest answer is that the two countries do different jobs. Singapore offers a 17% headline corporate tax rate, a fast online registration and a strong base for holding, finance and regional management. Vietnam offers a large workforce at a much lower wage level, a growing domestic market and a 20% standard corporate tax rate, with lower rates for small companies. Many Singapore groups use both: a Singapore holding c
1 day ago
Types of Companies in Vietnam: LLC, JSC, Branch and Representative Office
Foreign investors in Vietnam usually choose between four structures: a single-member limited liability company (LLC), a multi-member LLC, a joint stock company (JSC), or a non-company presence such as a representative office or branch. Most foreign-owned businesses start as a single-member LLC because it is simple to run and can be 100% foreign-owned in most sectors. A JSC suits companies that plan to raise capital or bring in many shareholders, while a representative office
3 days ago
IRC vs ERC in Vietnam: Which Licences a Foreign Investor Needs and When
A foreign investor setting up a new company in Vietnam usually needs two licences. The Investment Registration Certificate (IRC) approves the investment project: what you will do, where, with how much capital and on what schedule. The Enterprise Registration Certificate (ERC) creates the company as a legal entity and gives it an enterprise code that is also its tax code. Under the Law on Investment 2025, effective 1 March 2026, a foreign investor can now obtain the ERC first,
4 days ago
Corporate Legal Services in Vietnam for Foreign Investors and Growing Businesses
Doing business in Vietnam involves more than just initial market entry. Once established, companies must manage a steady stream of contracts, internal approvals, corporate changes, and recurring compliance requirements. Once established, companies must manage a steady stream of contracts, internal approvals, corporate changes, and recurring compliance requirements. Without the right legal support for businesses in Vietnam, these administrative and regulatory tasks can quickly
Mar 23
How to Register Your Business Name in Vietnam
Establishing a legal presence in Vietnam begins with one foundational step: completing formal business name registration before conducting any commercial activity. For foreign investors and FDI companies entering one of Southeast Asia's most dynamic markets, this process sets the legal and operational foundation for everything that follows, from opening bank accounts to signing supplier contracts and applying for sector-specific licenses.
Mar 9
Taxation
Vietnam Corporate Income Tax 2026: Rates, Incentives and Filing for Foreign-Invested Companies
Vietnam corporate income tax (CIT) is charged at a standard rate of 20% on taxable profit. Smaller companies can pay 15% or 17%, depending on the previous year's revenue. Qualifying investment projects can get lower rates and tax holidays. Foreign-invested companies are set up under Vietnamese law, so they file and pay CIT like any other Vietnamese company. This guide explains the current rates, incentives, deductible costs, loss rules and filing deadlines under the 2025 CIT
1 hour ago
Vietnam Corporate Income Tax 2026: Rates, Incentives and Filing for Foreign-Invested Companies
Vietnam corporate income tax (CIT) is charged at a standard rate of 20% on taxable profit. Smaller companies can pay 15% or 17%, depending on the previous year's revenue. Qualifying investment projects can get lower rates and tax holidays. Foreign-invested companies are set up under Vietnamese law, so they file and pay CIT like any other Vietnamese company. This guide explains the current rates, incentives, deductible costs, loss rules and filing deadlines under the 2025 CIT
1 hour ago
Vietnam Tax and Compliance Calendar 2027 for Foreign-Invested Companies
Most Vietnam tax deadlines 2027 follow a simple pattern. Monthly returns are due by the 20th of the next month. Quarterly returns and provisional corporate income tax (CIT) payments are due by the last day of the first month of the next quarter. For a calendar-year company, the big annual date is 31 March 2027, when the CIT finalization, the employer's PIT finalization and the 2026 financial statements are all due. This guide lists the recurring deadlines, the 2027 dates by m
22 hours ago
Vietnam Payroll Guide for Foreign Employers: Taxes, Insurance and Deadlines (2026)
Running payroll in Vietnam means paying at least the regional minimum wage, withholding personal income tax (PIT), paying compulsory social, health and unemployment insurance, and filing on time every month. In 2026, employers pay about 21.5% of a Vietnamese employee's insurable salary in compulsory insurance (about 20.5% for eligible foreign employees), on top of gross pay. Residents are taxed on a new five-bracket PIT table from 5% to 35%, with a personal deduction of VND 1
Nov 6
Vietnam Tariffs 2026: The 12.5% US Rate and What Exporters Should Do
As of November 2026, most goods made in Vietnam and imported into the United States pay an additional 12.5% tariff under Section 301 of the Trade Act of 1974, on top of the normal US import duty for the product (EY, 24 July 2026; Vietnam Briefing, 26 July 2026). This rate took effect on 24 July 2026. The 20% "reciprocal" tariff that applied from August 2025 is no longer collected, because the US Supreme Court ruled on 20 February 2026 that the emergency-powers law used to imp
Nov 4
Inventory Accounting in Vietnam: 6 Costly Tax Risks
In most manufacturing and trading companies, the warehouse belongs to operations. Accounting books whatever the warehouse sends up, and the closing balance is whatever the system says it is. This arrangement works smoothly right up until a tax inspection team sits down and asks for three things at once: the stocktake minutes, the detailed inventory ledger, and a reconciliation between raw material consumption and finished output. When those three sets of numbers do not agree,
Aug 20
Vietnam Tax Compliance 2026: What Decree 252 Changes
Vietnam tax compliance in 2026 entered a new phase on 1 July, when Decree 252/2026/ND-CP took effect as the implementing framework for the Law on Tax Administration 2025 (Law No. 108/2025/QH15). Issued on 30 June 2026, the decree replaced five earlier instruments and rewrote the operating rules for registration, filing, refunds, enforcement and cross-border digital trade. For foreign-invested enterprises, the headline is not the volume of new rules. It is the shift in how the
Aug 19
News
Vietnam Public Holidays 2027: Tet Dates and Employer Rules
Employees in Vietnam are entitled to 12 paid public holiday days in 2027: the 11 days set by the Labour Code plus Vietnam Culture Day on 24 November, which became a paid day off from 2026. Tet 2027 (Lunar New Year) falls on Saturday, 6 February 2027. The Ministry of Home Affairs has confirmed a seven-day Tet break from 4 to 10 February 2027 for the public sector. Private employers choose one of three statutory options and must tell staff their schedule at least 30 days in adv
Nov 3
Vietnam Public Holidays 2027: Tet Dates and Employer Rules
Employees in Vietnam are entitled to 12 paid public holiday days in 2027: the 11 days set by the Labour Code plus Vietnam Culture Day on 24 November, which became a paid day off from 2026. Tet 2027 (Lunar New Year) falls on Saturday, 6 February 2027. The Ministry of Home Affairs has confirmed a seven-day Tet break from 4 to 10 February 2027 for the public sector. Private employers choose one of three statutory options and must tell staff their schedule at least 30 days in adv
Nov 3
Vietnam Tax News 2026: Latest Changes for Foreign Businesses
This Vietnam Tax News 2026 roundup covers the updates foreign businesses should review now: a conditional corporate income tax reduction, 2026 payroll tax rules, VAT deductions, electronic invoices and tax administration. Start with the transactions your Vietnam operation actually makes, then check each rule’s effective date and assign someone to implement it. The guidance proposed for the newest corporate tax reduction is still a draft. Latest Vietnam Tax News 2026 at a Glan
Oct 29
Is Vietnam Business-Friendly for Foreign Companies in 2026?
Is Vietnam Business-Friendly for Foreign Companies? Vietnam can be an attractive market for foreign companies seeking customers, employees or a place in regional supply chains. Its suitability depends on the business model: an exporter working through a distributor faces different requirements from a company opening a factory or selling directly to consumers. Assess the opportunity alongside the market access, licensing and operating costs of your specific activity. Each pote
Oct 28
Vietnam Working Culture: A Practical Guide for Foreign Managers
Vietnam working culture is the set of everyday practices through which people communicate, collaborate, make decisions and manage work in a particular workplace. National context may influence expectations, but it cannot tell a manager how an individual employee or team prefers to work. Why Workplace Practices Vary Across Vietnamese Companies A locally owned business and a foreign-invested company may use different reporting lines. An office team coordinating international pr
Oct 27
VNeID Account Linking in Vietnam: A Compliance Guide for Foreign Businesses
Vietnam has expanded the role of the VNeID account in electronic transactions under Decree No. 320/2026/ND-CP. Effective from September 28, 2026, the new framework requires specified electronic transaction accounts to be linked and authenticated with an appropriate electronic identification account. The change is relevant not only to individual users. Foreign-invested companies may also need to review the accounts they use for banking, e-commerce, electronic invoicing, teleco
Oct 6
Vietnam Company Incorporation: Best Provinces to Start a Business in 2026 (PCI & BPI Insights)
Vietnam has solidified its position as a global manufacturing and service hub, witnessing a historic 297,500 new market entrants in 2025 . However, for foreign investors looking into Vietnam company incorporation or a large-scale factory setup, the practical reality of doing business depends entirely on the province you choose. Furthermore, market sentiment remains highly bullish, with 85.7% of surveyed enterprises stating they plan to maintain or expand their operations in t
Jun 16
Economy
The Vietnamese Market in 2026: Size, Consumers and How Foreign Companies Enter
The Vietnamese market is home to about 102.3 million people and produced a GDP of about US$514 billion in 2025, or roughly US$5,026 per person, according to Vietnam's National Statistics Office (NSO). The economy grew 8.02% in 2025 and 9.01% in the first nine months of 2026. Household demand is rising with incomes, and the digital economy reached an estimated US$39 billion in 2025. For foreign companies, the main questions are which customers to target and which entry route f
Nov 5
The Vietnamese Market in 2026: Size, Consumers and How Foreign Companies Enter
The Vietnamese market is home to about 102.3 million people and produced a GDP of about US$514 billion in 2025, or roughly US$5,026 per person, according to Vietnam's National Statistics Office (NSO). The economy grew 8.02% in 2025 and 9.01% in the first nine months of 2026. Household demand is rising with incomes, and the digital economy reached an estimated US$39 billion in 2025. For foreign companies, the main questions are which customers to target and which entry route f
Nov 5
What Makes a Great Business Name? Rules, Tips & Common Mistakes
Selecting effective business names represents foundational business decisions affecting brand recognition, customer memorability, and long-term market positioning. Entrepreneurs establishing Vietnam operations encounter unique naming challenges requiring understanding both international branding principles and local regulatory requirements.
Mar 9
Economic Indicators Calendar: When & Where to Find Latest Data
For businesses and investors monitoring economic conditions affecting operational performance and investment decisions, understanding economic indicator timing and data sources proves essential for informed strategy development.
Mar 9
How to Assess a Country's Economic Performance in 2026 (Complete Guide)
Understanding a country's economic performance is crucial for investors, entrepreneurs, and policy makers making strategic decisions in global markets. Whether you're entering Vietnam's fast-growing economy, expanding in Hong Kong, evaluating opportunities in the United States, or exploring the United Kingdom, mastering economic performance metrics and indicators helps you accurately gauge market potential, risks, and growth prospects.
Mar 2
What Economists Mean by "Money": Simple & Detailed Definition 2026
Understanding the definition of money in economics proves essential for anyone engaging in business operations, financial planning, or investment decisions. Despite encountering definition of money macroeconomics frequently, many people struggle articulating precisely what money definition economics encompasses beyond recognizing physical currency.
Feb 28
Key Economic Factors Affecting Business in Vietnam: Guide for Taiwanese Companies
For Taiwan enterprises establishing operations in Vietnam, understanding economic factors affecting business represents essential strategic intelligence informing operational decisions and financial planning. Vietnam's dynamic economy operates within macroeconomic frameworks combining government policy, market dynamics, and global trade relationships that directly impact business profitability and expansion timelines.
Feb 27
Industries
Vietnam US Trade and Investment: Update to November 2025
Since diplomatic normalization in 1995, Vietnam US trade and investment ties have moved from a modest starting point to one of the most dynamic economic relationships in the Indo-Pacific. The upgrade of the relationship to a Comprehensive Strategic Partnership in 2023 signaled that both sides see each other as long-term, strategic partners in trade, technology, and supply-chain resilience. By late 2025, the United States had firmly remained Vietnam’s largest export market, w
Nov 26, 2025
Vietnam US Trade and Investment: Update to November 2025
Since diplomatic normalization in 1995, Vietnam US trade and investment ties have moved from a modest starting point to one of the most dynamic economic relationships in the Indo-Pacific. The upgrade of the relationship to a Comprehensive Strategic Partnership in 2023 signaled that both sides see each other as long-term, strategic partners in trade, technology, and supply-chain resilience. By late 2025, the United States had firmly remained Vietnam’s largest export market, w
Nov 26, 2025
Vietnam’s E-commerce Market in 2025: Outlook, Opportunities, and Risks
Vietnam’s digital economy is no longer “emerging”—it is scaling fast, getting tougher, and becoming more regulated by the month. The Vietnam e-commerce market 2025 is projected to hit US$26–28 billion in online retail, backed by young consumers, rising incomes, and aggressive platform investment. But growth doesn’t automatically mean easy wins. Competition is turning into a subsidy-driven battlefield, logistics costs are rising, and policymakers are moving toward stricter c
Nov 20, 2025
Importer of Record (IOR) in Vietnam: How Foreign Companies Can Import Without a Local Entity
Vietnam has become one of Asia’s most attractive destinations for manufacturing, sourcing and consumer sales. But for many foreign businesses, the first real obstacle appears at the border: complex customs rules, strict licensing requirements, and the need for a local legal entity to import goods. If you don’t yet have a company in Vietnam, or you’re only shipping small volumes, setting everything up just to bring in a few shipments can feel excessive. That is where an Import
Nov 20, 2025
Tourism Industries and Cultural Exchange: A Comprehensive Guid
The tourism industries have transformed into essential drivers of international cooperation, reshaping how countries connect and celebrate their cultural heritage. In today's interconnected world, distinctive tourism industries serve as vital conduits between different societies, while exchanges tourism industries create substantial value that extends beyond simple border crossings.
Oct 28, 2025
The Tourism Industry in Vietnam 2025: Growth, Policy Shifts & Global Opportunities
The tourism industry has become one of the world’s most influential economic engines. According to UN Tourism , global tourism industries account for more than 10 percent of global GDP and sustain over 350 million jobs. Under the Tourism Satellite Account (TSA) framework, each component of the tourism industry — from accommodation to transport — is measured by its direct contribution to visitor spending, employment, and growth. Vietnam’s tourism industry now ranks among Asi
Oct 28, 2025
Global Industries in the Green Trasition
The landscape of global industries is undergoing unprecedented transformation as the green transition reshapes manufacturing, trade, and investment patterns worldwide. Climate imperatives, regulatory pressures, and evolving consumer expectations are driving industries across all sectors toward sustainable practices. This shift represents not merely environmental compliance but a fundamental reimagining of how global industries operate, compete, and create value. Record rene
Oct 21, 2025
News
Vietnam Public Holidays 2027: Tet Dates and Employer Rules
Employees in Vietnam are entitled to 12 paid public holiday days in 2027: the 11 days set by the Labour Code plus Vietnam Culture Day on 24 November, which became a paid day off from 2026. Tet 2027 (Lunar New Year) falls on Saturday, 6 February 2027. The Ministry of Home Affairs has confirmed a seven-day Tet break from 4 to 10 February 2027 for the public sector. Private employers choose one of three statutory options and must tell staff their schedule at least 30 days in adv
Vinex Official
Nov 38 min read
Vietnam Tax News 2026: Latest Changes for Foreign Businesses
This Vietnam Tax News 2026 roundup covers the updates foreign businesses should review now: a conditional corporate income tax reduction, 2026 payroll tax rules, VAT deductions, electronic invoices and tax administration. Start with the transactions your Vietnam operation actually makes, then check each rule’s effective date and assign someone to implement it. The guidance proposed for the newest corporate tax reduction is still a draft. Latest Vietnam Tax News 2026 at a Glan
Vinex Official
Oct 295 min read
Is Vietnam Business-Friendly for Foreign Companies in 2026?
Is Vietnam Business-Friendly for Foreign Companies? Vietnam can be an attractive market for foreign companies seeking customers, employees or a place in regional supply chains. Its suitability depends on the business model: an exporter working through a distributor faces different requirements from a company opening a factory or selling directly to consumers. Assess the opportunity alongside the market access, licensing and operating costs of your specific activity. Each pote
Vinex Official
Oct 285 min read
Vietnam Working Culture: A Practical Guide for Foreign Managers
Vietnam working culture is the set of everyday practices through which people communicate, collaborate, make decisions and manage work in a particular workplace. National context may influence expectations, but it cannot tell a manager how an individual employee or team prefers to work. Why Workplace Practices Vary Across Vietnamese Companies A locally owned business and a foreign-invested company may use different reporting lines. An office team coordinating international pr
Vinex Official
Oct 274 min read
VNeID Account Linking in Vietnam: A Compliance Guide for Foreign Businesses
Vietnam has expanded the role of the VNeID account in electronic transactions under Decree No. 320/2026/ND-CP. Effective from September 28, 2026, the new framework requires specified electronic transaction accounts to be linked and authenticated with an appropriate electronic identification account. The change is relevant not only to individual users. Foreign-invested companies may also need to review the accounts they use for banking, e-commerce, electronic invoicing, teleco
Vinex Official
Oct 68 min read
Vietnam Company Incorporation: Best Provinces to Start a Business in 2026 (PCI & BPI Insights)
Vietnam has solidified its position as a global manufacturing and service hub, witnessing a historic 297,500 new market entrants in 2025 . However, for foreign investors looking into Vietnam company incorporation or a large-scale factory setup, the practical reality of doing business depends entirely on the province you choose. Furthermore, market sentiment remains highly bullish, with 85.7% of surveyed enterprises stating they plan to maintain or expand their operations in t
Vinex Official
Jun 166 min read
BOT Model in Vietnam: From Software Outsourcing to Long-Term Team Ownership
1. Why Traditional Software Outsourcing in Vietnam No Longer Fits Every Technology Business For many years, software outsourcing was the default strategy for foreign companies entering Vietnam. Lower labor costs, a growing talent pool, and the ability to scale quickly made outsourcing an attractive option for startups and enterprises alike. However, as technology products become more sophisticated and development cycles extend over multiple years, many companies discover that
Vinex Official
Jun 105 min read
Finance and Accounting Outsourcing in Vietnam: A Strategic Growth Solution for Foreign Businesses
For many foreign investors entering Vietnam, establishing a legal entity is only the beginning of the journey. Once operations commence, companies quickly discover that maintaining compliance with Vietnam's accounting, tax, payroll, and reporting requirements can become a significant administrative burden. While some businesses initially attempt to build an internal finance team, many later realize that the challenge extends beyond bookkeeping. The real issue lies in keeping
Vinex Official
Jun 94 min read
Vietnam Customs Compliance 2026: What Importers and Exporters Should Review Before July 1
Why Customs Compliance Is Becoming a Boardroom Issue For many businesses engaged in international trade, customs compliance has traditionally been viewed as an operational matter handled by logistics teams, customs brokers, or import-export departments. However, Vietnam’s new customs penalty regime signals a shift in regulatory expectations. Beginning July 1, 2026, customs authorities will operate under a revised enforcement framework that places greater emphasis on data accu
Vinex Official
Jun 53 min read
Vietnam Cuts Conditional Business Lines to 142: What Businesses and Foreign Investors Need to Know in 2026
Vietnam is implementing a significant regulatory change aimed at streamlining its investment landscape. Under Resolution No. 66.17/2026/NQ-CP, the government will officially reduce the number of conditional business lines from 198 to 142 sectors, effective from July 1, 2026. This legislative update, widely discussed under the topic "Vietnam Cuts Conditional Business Lines," represents an ongoing effort to cut administrative burdens for enterprises operating across the country
Vinex Official
Jun 29 min read
Complying with Vietnam’s Electronic Labor Contract Framework: Circular 08/2026 and Employer Readiness Guide
Vietnam is entering a new phase of labor administration digitalization. With the issuance of Circular 08/2026/TT-BNV and the implementation of Decree 337/2025/ND-CP, the country is establishing a comprehensive legal framework governing electronic labor contracts, identity verification, contract authentication, and centralized labor contract management. The new framework is expected to significantly impact how businesses recruit, onboard, manage, and document employment relati
Vinex Official
May 304 min read
Factory Setup in Vietnam: 10 Critical Factors Manufacturers Should Evaluate Before Investing
Before setting up a factory in Vietnam, manufacturers should evaluate ten key areas: facility model, industrial park selection, labor availability, payroll obligations, logistics infrastructure, environmental compliance, supply chain localization, future infrastructure projects, tax incentives, and long-term operational resilience. While Vietnam offers competitive manufacturing advantages, overlooking these factors can lead to unexpected costs, licensing delays, and operation
Vinex Official
May 294 min read
Vietnam IT Services Market: Outsourcing & AI Opportunities
Vietnam’s IT services market has rapidly evolved from a cost-saving outsourcing destination into a strategic technology hub for global businesses. According to recent industry estimates, Vietnam’s IT outsourcing sector alone is approaching the USD 1 billion mark, with annual compound growth estimated at approximately 12%. Meanwhile, the broader IT services market is valued at roughly USD 2.63 billion and continues expanding alongside Southeast Asia’s digital economy. Vietnam’
Vinex Official
May 288 min read
Statutory Basic Salary in Vietnam: Payroll, Insurance, and Employer Compliance Guide
For employers in Vietnam, the statutory basic salary is not simply a salary reference. It directly affects payroll compliance, compulsory insurance caps, and employer cost planning. As of the current regulatory framework, Vietnam’s statutory basic salary is VND 2,340,000 per month. Under the newer social insurance framework, this concept is also closely linked to the “reference amount”, which is used for several social insurance calculations. This article explains how the sta
Nguyễn Thanh Thủy
May 286 min read
Electronic Labor Contracts in Vietnam: Legal Requirements, Compliance Risks, and HR Best Practices
Electronic Labor Contracts in Vietnam are becoming increasingly common as employers modernize HR operations, adopt remote onboarding, and reduce paper-based administration. For companies managing employees across multiple provinces or business locations, electronic contracts can make recruitment faster, more consistent, and easier to control. However, legal recognition does not mean employers can treat electronic labor contracts casually. The real issue is not only whether th
Vinex Official
May 278 min read
Accounting Documentation in Vietnam: Why Poor Records Can Become a Compliance Risk for Businesses
In Vietnam, accounting documentation is not just an administrative requirement. For many businesses, especially foreign-invested companies, it is the evidence base that supports tax declarations, deductible expenses, financial reporting, internal approvals, and regulatory compliance. A company may have real transactions, valid business activities, and proper commercial intent. However, if the supporting documents are incomplete, inconsistent, or poorly stored, those transacti
Vinex Official
May 226 min read
Internal Investigation in Vietnam: A Practical Compliance Guide for Foreign-Invested Companies
Foreign-invested companies operating in Vietnam face a growing need to investigate internal issues quickly, carefully, and lawfully. Whether the concern involves employee misconduct, fraud, conflicts of interest, data leakage, bribery, harassment, or breaches of company policy, an internal investigation in Vietnam must be handled with both operational discipline and legal sensitivity. For multinational groups, the challenge is often not only finding out what happened. The rea
Vinex Official
May 187 min read
Tax and Customs Procedure Reform in 2026: Don’t Let “Reduced Procedures” Become “Increased Risks”
A turning point in tax and customs procedure reform in 2026 under Decision 1109/QĐ-BTC On May 8, 2026, the Ministry of Finance officially issued Decision No. 1109/QĐ-BTC, marking an important milestone in the roadmap to simplify the administrative management system. These are not just figures on paper, but a “revolution” in management thinking: shifting from pre-inspection based on procedures to post-inspection based on data. Key changes you need to know: 7 procedures have be
Vinex Official
May 153 min read
Vietnam IP Compliance 2026: What Foreign Businesses Should Review
Vietnam’s intellectual property environment is entering a more sensitive phase in 2026. After the United States Trade Representative identified Vietnam as a Priority Foreign Country in its 2026 Special 301 Report, IP protection is no longer only a legal housekeeping issue for foreign businesses. It has become a market-entry, supply-chain, brand protection, and enforcement risk that companies should review before expanding or operating further in Vietnam. For foreign investors
Vinex Official
May 147 min read
How to Start Manufacturing in Vietnam: A Practical Guide for Foreign Investors
Vietnam is no longer just a low-cost manufacturing alternative. For many foreign investors, it has become a serious production base for electronics, textiles, furniture, consumer goods, components, food processing, and export-oriented manufacturing. However, understanding how to start manufacturing in Vietnam is not the same as knowing how to register a company. A successful manufacturing project depends on location strategy, legal approval, factory readiness, labor planning,
Vinex Official
May 139 min read
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