Vietnam’s VAT system is entering a new phase in 2025–2026. The core Vietnam VAT rates remain 0%, 5% and 10%, but new rules – including Law 48/2024/QH15 and an extended 2% VAT reduction – are changing how businesses apply these rates in practice. This guide gives a practical overview of Vietnam VAT rates 2025–2026, the new law, and what companies should do to stay compliant. Click here to get more consultation: Vietnam’s dynamic Ho Chi Minh City skyline – a fast-growing hub wh
Vietnam’s VAT system is entering a new phase in 2025–2026. The core Vietnam VAT rates remain 0%, 5% and 10%, but new rules – including Law 48/2024/QH15 and an extended 2% VAT reduction – are changing how businesses apply these rates in practice. This guide gives a practical overview of Vietnam VAT rates 2025–2026, the new law, and what companies should do to stay compliant. Click here to get more consultation: Vietnam’s dynamic Ho Chi Minh City skyline – a fast-growing hub wh
Vietnam’s shift to a two-tier administrative system has triggered important adjustments in how investment projects are licensed and incentivized. To align the legal framework with this restructuring, the Government issued Decree No. 239/2025/ND-CP (Decree 239) , which amends several provisions of Decree 31/2021/ND-CP , the key implementation decree of the 2020 Investment Law. Effective 3 September 2025 , Decree 239 Vietnam investment licensing brings clearer rules on incenti
Riding on the strong momentum of 2024, the Vietnam e-commerce market 2026 story is being written right now. Online retail is expected to reach US$26–28 billion in 2025 , making Vietnam one of Southeast Asia’s fastest-growing digital economies. Behind the headline numbers, however, are intensifying platform battles, rising logistics costs, and a tightening regulatory environment. For businesses and investors that understand these dynamics and plan carefully, Vietnam remains o
Vietnam’s shift to a two-tier administrative system has triggered important adjustments in how investment projects are licensed and incentivized. To align the legal framework with this restructuring, the Government issued Decree No. 239/2025/ND-CP (Decree 239) , which amends several provisions of Decree 31/2021/ND-CP , the key implementation decree of the 2020 Investment Law. Effective 3 September 2025 , Decree 239 Vietnam investment licensing brings clearer rules on incenti
Vietnam’s shift to a two-tier administrative system has triggered important adjustments in how investment projects are licensed and incentivized. To align the legal framework with this restructuring, the Government issued Decree No. 239/2025/ND-CP (Decree 239) , which amends several provisions of Decree 31/2021/ND-CP , the key implementation decree of the 2020 Investment Law. Effective 3 September 2025 , Decree 239 Vietnam investment licensing brings clearer rules on incenti
Vietnam’s social security regime is entering a stricter enforcement phase. With the 2024 Law on Social Insurance now in force and Decree 274/2025/ND-CP effective from 10 November 2025 , authorities have clearer tools to deal with late payment and evasion of compulsory social insurance (SI) and unemployment insurance (UI) . For employers, the late payment of social insurance in Vietnam is no longer a minor administrative issue. Decree 274 introduces precise definitions, tim
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
The real estate industry operates within one of the most intricate legal systems in modern business. Every phase of a property’s life cycle — from land acquisition and project development to licensing , construction , leasing , and divestment — involves layers of legal, financial, and administrative obligations . In this environment, legal advisory in real estate operations is not just legal support; it is a strategic compliance mechanism that protects investors, ensure
In 2025’s volatile business landscape, economic uncertainty and rising operating costs have forced many companies to re-evaluate their structures. Legal advisory for corporate restructuring and liquidation ensures that transitions are handled lawfully, transparently, and strategically — not reactively. Corporate restructuring focuses on reorganizing ownership, finance, or operations to improve stability and competitiveness.Liquidation, by contrast, is the formal process of d
Navigating today's property development landscape requires comprehensive Legal Advisory in Real Estate Sector Operations to manage intricate regulatory frameworks and multi-jurisdictional compliance requirements. According to industry analysis, approximately 35% of property projects experience significant delays or cost overruns due to inadequate legal preparation during initial planning phases.
1. Introduction: Understanding Vietnam and China Incorporation Systems When establishing a company in Asia, understanding Vietnam and China Incorporation requirements is essential. Both jurisdictions treat charter capital contribution as the foundation of a company’s legal and financial legitimacy — but they differ in timing, flexibility, and investor obligations. Key Aspect Vietnam Incorporation China Incorporation Regulatory Body Department of Planning and Investment (DPI
1. Introduction: Understanding Vietnam and China Incorporation Systems When establishing a company in Asia, understanding Vietnam and China Incorporation requirements is essential. Both jurisdictions treat charter capital contribution as the foundation of a company’s legal and financial legitimacy — but they differ in timing, flexibility, and investor obligations. Key Aspect Vietnam Incorporation China Incorporation Regulatory Body Department of Planning and Investment (DPI
Incorporation remains a crucial legal foundation for enterprises planning regional expansion in Southeast Asia. Both Vietnam and Singapore incorporation frameworks have progressively streamlined their company formation procedures — focusing on transparency, digitalization, and investor protection. While Singapore consistently ranks among the world’s most business-friendly jurisdictions, Vietnam and Singapore incorporation reforms highlight two complementary models: Singapor
1. Vietnam and Hong Kong — Two Dynamic Business Gateways in Asia Both Vietnam and Hong Kong play vital roles in Asia’s investment ecosystem. While Hong Kong has long been known for its efficiency, low taxation, and transparent business regulations, Vietnam has rapidly become an attractive alternative due to its economic growth, affordable labor, and strong manufacturing base. Understanding the Vietnam and Hong Kong incorporation procedures and their respective legal framewo
Vietnam's digital transformation initiative achieved a pivotal benchmark on July 1, 2025, when incorporation of the corporate e-ID transition became obligatory for all business entities nationwide.
Starting July 1, 2025 , all companies operating in Vietnam must complete the Incorporation Corporate e-ID Transition , as existing corporate accounts on the National Public Service Portal will no longer be valid. This marks a major step in Vietnam’s administrative digitalization effort, requiring every business — including foreign-invested enterprises, representative offices, and branches — to register a corporate electronic identification (e-ID) account. Through this incor
In every jurisdiction, Incorporation Charter Capital Contribution represents the cornerstone of a company’s financial legitimacy. It defines how much capital each shareholder must commit upon formation, forming both a legal and financial backbone of the entity. Without a compliant charter capital contribution process, a company risks legal penalties, invalid ownership structures, and potential dissolution. For founders and foreign investors, understanding the timing, documen
Vietnam’s social security regime is entering a stricter enforcement phase. With the 2024 Law on Social Insurance now in force and Decree 274/2025/ND-CP effective from 10 November 2025 , authorities have clearer tools to deal with late payment and evasion of compulsory social insurance (SI) and unemployment insurance (UI) . For employers, the late payment of social insurance in Vietnam is no longer a minor administrative issue. Decree 274 introduces precise definitions, tim
Vietnam’s social security regime is entering a stricter enforcement phase. With the 2024 Law on Social Insurance now in force and Decree 274/2025/ND-CP effective from 10 November 2025 , authorities have clearer tools to deal with late payment and evasion of compulsory social insurance (SI) and unemployment insurance (UI) . For employers, the late payment of social insurance in Vietnam is no longer a minor administrative issue. Decree 274 introduces precise definitions, tim
When you walk into a store, glance at your shopping cart, or tally up a business cost-sheet, the impacts of the tariff rate may be farther reaching than you imagine. This often-technical term — the rate at which goods imported into a country are taxed — has quietly become a significant influencer of prices, supply chains and global competition in 2025. Understanding the Tariff Rate In essence, a tariff rate is the tax level applied to imports (and in some cases exports) whe
International commerce faces unprecedented upheaval as tariff rate structures undergo dramatic transformation. Recent policy shifts have introduced ad valorem duties reaching extraordinary levels, fundamentally altering competitive landscapes across sectors and geographies. For enterprises operating within or exporting from Vietnam, understanding these mechanisms proves essential for survival. This examination dissects recent tariff rate modifications, evaluating their cas
In August 2025 , the United States officially imposed a 20 percent reciprocal trade tariff on all Vietnamese exports — marking a new era in bilateral trade. Although lower than the proposed 46 percent, this tariff still exceeds expectations and challenges Vietnam’s export-driven economy. Under President Donald Trump’s second administration , this policy reflects the “Fair and Reciprocal Trade” agenda to balance trade benefits. For Vietnamese manufacturers, exporters, and for
International commerce faces mounting pressure as trade tariffs reshape economic relationships between nations. These fiscal instruments, functioning fundamentally as taxes on imported goods, have evolved from simple revenue mechanisms into powerful tools influencing investment decisions, supply chain strategies, and market access for businesses worldwide.
Vietnam is entering a new phase of fiscal modernization. With the Corporate Income Tax (CIT) Law No. 67/2025/QH15 taking effect on October 1, 2025 , the Vietnamese government aims to harmonize its tax and tariff systems to maintain economic competitiveness while aligning with global tax reforms such as the OECD’s Global Minimum Tax (GMT) . This new law will apply to the 2025 tax year and replaces the previous Corporate Income Tax Law (2008) and its amendments. Together wit
Vietnam’s VAT system is entering a new phase in 2025–2026. The core Vietnam VAT rates remain 0%, 5% and 10%, but new rules – including Law 48/2024/QH15 and an extended 2% VAT reduction – are changing how businesses apply these rates in practice. This guide gives a practical overview of Vietnam VAT rates 2025–2026, the new law, and what companies should do to stay compliant. Click here to get more consultation: Vietnam’s dynamic Ho Chi Minh City skyline – a fast-growing hub wh
Vietnam’s VAT system is entering a new phase in 2025–2026. The core Vietnam VAT rates remain 0%, 5% and 10%, but new rules – including Law 48/2024/QH15 and an extended 2% VAT reduction – are changing how businesses apply these rates in practice. This guide gives a practical overview of Vietnam VAT rates 2025–2026, the new law, and what companies should do to stay compliant. Click here to get more consultation: Vietnam’s dynamic Ho Chi Minh City skyline – a fast-growing hub wh
Vietnam’s shift to a two-tier administrative system has triggered important adjustments in how investment projects are licensed and incentivized. To align the legal framework with this restructuring, the Government issued Decree No. 239/2025/ND-CP (Decree 239) , which amends several provisions of Decree 31/2021/ND-CP , the key implementation decree of the 2020 Investment Law. Effective 3 September 2025 , Decree 239 Vietnam investment licensing brings clearer rules on incenti
Riding on the strong momentum of 2024, the Vietnam e-commerce market 2026 story is being written right now. Online retail is expected to reach US$26–28 billion in 2025 , making Vietnam one of Southeast Asia’s fastest-growing digital economies. Behind the headline numbers, however, are intensifying platform battles, rising logistics costs, and a tightening regulatory environment. For businesses and investors that understand these dynamics and plan carefully, Vietnam remains o
For foreign investors and newly established companies, Vietnam tax compliance 2025 requires more than simply knowing tax rates and filing deadlines. With new rules on corporate income tax, VAT and the global minimum tax, alongside evolving accounting and reporting standards, businesses need a clear strategy to stay compliant, manage risks and optimize costs. In practice, compliance should not be treated as a pure expense, but as an investment in long-term stability, credibil
Amid the global restructuring of supply chains and the acceleration of digital transformation across economies, logistics development in Central Vietnam is emerging as a strategic priority for Việt Nam. The region's transportation infrastructure, geographical positioning, and expanding industrial base are creating a foundation for Central Việt Nam to become a critical transit, distribution, and export gateway. This direction is expected to be strongly emphasized during the V
Vietnam’s energy sector is entering a strategic transition period as the country rebalances its power structure to meet growing demand while progressing toward its net-zero carbon emissions by 2050 commitment. Today, Vietnam still relies heavily on coal-fired power plants to maintain national grid stability. However, the rising focus on hydropower, solar, wind, and natural gas signals a clear strategic direction: the shift toward a low-carbon, sustainable energy future . E
Riding on the strong momentum of 2024, the Vietnam e-commerce market 2026 story is being written right now. Online retail is expected to reach US$26–28 billion in 2025 , making Vietnam one of Southeast Asia’s fastest-growing digital economies. Behind the headline numbers, however, are intensifying platform battles, rising logistics costs, and a tightening regulatory environment. For businesses and investors that understand these dynamics and plan carefully, Vietnam remains o
Riding on the strong momentum of 2024, the Vietnam e-commerce market 2026 story is being written right now. Online retail is expected to reach US$26–28 billion in 2025 , making Vietnam one of Southeast Asia’s fastest-growing digital economies. Behind the headline numbers, however, are intensifying platform battles, rising logistics costs, and a tightening regulatory environment. For businesses and investors that understand these dynamics and plan carefully, Vietnam remains o
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
Vietnam’s digital economy has moved well beyond the “promising” stage. The Vietnam e-commerce market 2025 is expected to reach roughly US$26–28 billion in online retail sales , after already surpassing US$25 billion in 2024. While many global markets have seen e-commerce growth flatten or even reverse, Vietnam has continued to expand, supported by young consumers, rising incomes, and aggressive investment from major platforms. For businesses and investors, this growth story i
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
Global economy transformation accelerates as nations confront the dual imperative of environmental preservation and economic advancement. Contemporary development paradigms demand fundamental restructuring of production systems, consumption patterns, and trade relationships to achieve genuine sustainability. This transformation extends beyond superficial adjustments, requiring comprehensive overhauls of industrial frameworks, energy infrastructures, and commercial practices.
In many parts of the world, economic growth is no longer measured only by rising output, expanding infrastructure, or the number of new investors entering a market. The conversation has shifted toward a broader question: How do we build an economy that remains resilient, competitive, and inclusive over time? This is where the concept of Economy Transformation becomes central. It represents a strategic shift from simply increasing production to redesigning the structure of th
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
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
Vietnam’s digital economy has moved well beyond the “promising” stage. The Vietnam e-commerce market 2025 is expected to reach roughly US$26–28 billion in online retail sales , after already surpassing US$25 billion in 2024. While many global markets have seen e-commerce growth flatten or even reverse, Vietnam has continued to expand, supported by young consumers, rising incomes, and aggressive investment from major platforms. For businesses and investors, this growth story i
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
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.
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
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
Vietnam’s digital economy has moved well beyond the “promising” stage. The Vietnam e-commerce market 2025 is expected to reach roughly US$26–28 billion in online retail sales , after already surpassing US$25 billion in 2024. While many global markets have seen e-commerce growth flatten or even reverse, Vietnam has continued to expand, supported by young consumers, rising incomes, and aggressive investment from major platforms. For businesses and investors, this growth story i