What TPP means for the Vietnamese Garment Industry

Most tariffs will be eliminated immediately, although tariffs on some sensitive goods will be eliminated over a longer period.

Best Practices for Enabling MSME Access to the Digital Economy

The digital economy offers enormous opportunities to integrate companies into global supply and value chains, enabling MSMEs to enter new markets and fostering more inclusive and sustainable economic growth.

APEC Tech Start-ups and SMEs Gathering in Ho Chi Minh City Discovering the Future of O2O

Seeing the growing trend of digital economy and O2O (Online-to-Offline) application, Chinese Taipei collaborated with Viet Nam to co-host the “APEC SME O2O Forum I” on April 26 at Sheraton Saigon Hotel in Ho Chi Minh City.

Recruitment and management of Vietnamese labor working for foreign businesses

Vietnamese labor is a Vietnamese citizen whose age is at least 18 years or older and able to work with fully civil behavior capacity.

Management of foreign exchange from foreign direct investment in Vietnam

Foreign investors, Vietnamese investors in foreign direct invested enterprises are allowed to contribute capital in foreign currencies or Vietnam dong at the level of capital investment in the investment certificate.

Managing foreign exchanges for prize-winning games

Enterprises licensed by the State Bank must open a designated account for each currency in an authorized bank.

Guidance on insurance-agent activities

Conditions for credit institutions and branches of foreign banks to be eligible of implementing insurance-agent activities for life-insurance businesses: approved by the State Bank of Vietnam to implement insurance-agent activities in the establishment and operation license; signed insurance-agent contract with life-insurance businesses.

Ministry of Finance guiding the tax refund for foreign individuals

Each international airport/seaport has 01 invoice-and-goods-checking counter for the customs authority and 01 VAT-refund counter for each commercial bank serving business activities of enterprises.

Opening accounts for indirect foreign investment in Vietnam

On March 12th, 2012, State Bank of Vietnam issued the Circular No 05/2014/TT-NHNN providing guidelines on opening and using indirect investment capital accounts for implementing foreign indirect investment activities in Viet Nam.

Electronic customs procedures for commercial imports and exports

On February 14th, 2014, the Ministry of Finance issued Circular No. 22/2014/TT-BTC specified electronic customs procedures for commercial exports and imports.