This book was prepared by Ernst & Young in Vietnam. It was written to provide a quick overview of the investment climate, forms of business organization, taxation, and business and accounting practices in Vietnam. While the information contained in the book was, to the best of our knowledge, current at the time of writing, the rapid pace of change in Vietnam means that laws and regulations may have changed to reflect the new conditions. Making decisions about foreign operations is complex and requires an intimate knowledge of a country’s commercial climate with a realization that the climate can change overnight. Companies doing business in Vietnam, or planning to do so, are advised to obtain current and specific information from experienced professionals.
Type
Description
Why Vietnam
Key facts and useful information
A. Key facts
A.1 - Economic overview and major achievements
A.2 - Leading industries
A.3 - Major imports and exports
A.4 - Infrastructure
Road network | Railway network | Inland waterway | Sea ports | Airports
| Business development zones | Energy
A.5 - Financial system
A.6 - Stock exchange
A.7 - International integration
B. Useful Information
B.1 - Geography
B.2 - Population and labor force
B.3 - Language
B.4 - Government and political structure
B.5 - Time
B.6 - Connectivity
B.7 - Climate
B.8 - Living in Vietnam
B.9 - Visas and permits
B.10 - Public holidays
B.11 - Useful contacts
Legal guide for investing in Vietnam
C. Regulations on investment and enterprises
C.1 - Overview
C.2 - Government owned industries and privatization
C.3 - Investment guarantees
C.4 - Forms of enterprises
C.5 - Forms of direct investments
C.6 - Investment incentives
C.7 - Investment licensing/Certification
C.8 -Labor and recruitment regulations
C.9 - Mergers and acquisitions
C.10 - Dispute settlement
C.11 - Exit provisions
C.12 Intellectual property
C.13 - Competition regulations
D. Taxation
D.1 - Corporate Income Tax
D.2 - Value Added Tax
D.3 - Foreign Contractor Tax
D.4 - Export duty and import duty
D.5 - Special sales Tax
D.6 - Business license Tax
D.7 - Environment Protection Tax
D.8 - Natural Resources Tax
D.9 - Taxes on individuals: Personal Income Tax
D.10 - Double tax relief and tax treaties
F. Financial report and auditing
E.1 - Statutory requirements
E.2 - Accounting principles and practices
E.3 - Disclosure, reporting and filing requirements
E.4 - Audit requirements
F. Foreign exchange control
F.1 - Restrictions on the use of foreign currency
F.2 - Use of foreign currency cash by individuals
F.3 - Use of VND by non-residents
F.4 - Use of currencies of countries with a common border with Vietnam
F.5 - Exchange rate
F.6 - Opening of bank accounts by foreign invested enterprises
F.7 - Registration of overseas borrowings
G. Land use related regulations
G.1 - Land Use Rights and Land Use Right Certificate
G.2 - Land Lease
G.3 - Apartments owned by foreigners
H. Environment
H.1 - State Management
H.2 - Environmental Impact
I. Technology transfer
I.1 - General principles
I.2 - Technology transfer contract
I.3 - Governing law
I.4 - Registration
I.5 - Pricing
I.6 -Confidentiality
Appendices
Appendix 1: List of major legal document relating to the business activities of foreign investors in Vietnam
Appendix 2: List of sectors entitled to investment incentive
Appendix 3: List of geographical regions of investment incentives
Appendix 4: List of conditional investment sectors applicable to foreign investors
Appendix 5: Useful addresses and contact information
Publications name | Languages | Release date |
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GENETIC DIVERSITY OF QUALITY TRAITS OF JAPONICA RICE VARIETIES | English | 2021-12 |
CASHEW INDUSTRY REPORT 2020. | English | 2020-12 |
RUBBER INDUSTRY REPORT in 2020 | English | 2020-12 |
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Limitless database of qualified and verified agricultural partners
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