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Aligning transfer pricing with international norms

Aligning transfer pricing with international norms

The growth of foreign-invested enterprises (FIEs) in Vietnam has recently raised increasingly complicated tax concerns. These problems arise primarily from the practical issues of determining the transaction price between FIEs and their related parties.

Many foreign investors circumvent the laws

Many foreign investors circumvent the laws

Experts have warned of the attempt by many foreign invested enterprises (FIEs) to dodge the laws to enjoy preferences and make local authorities ‘lose lock, stock and barrel’.

Raft of new measures to aid business prospects

Raft of new measures to aid business prospects

Investors will enjoy more favourable conditions with regards to starting a business, tax, credit access, and investment protection in 2020 buoyed by the Vietnamese government’s latest action plans, anticipating fresh opportunities in the new decade of sustainable growth and Industry 4.0.

Hindrances preventing FIEs from listing on stock market

Hindrances preventing FIEs from listing on stock market

A number of foreign-invested enterprises have been unlisting their shares in Vietnam due to alleged legal problems. Nguyen Hung Quang, managing director at NHQuang & Associates, delves into the reasons behind the issue and their responses in practice.

FTAs to give fillip to medicine imports

FTAs to give fillip to medicine imports

Despite Vietnam’s restrictions on direct drug distribution by international pharmaceutical companies, more foreign-invested enterprises are seeking opportunities in the lucrative local market.

Animal feed market in the hands of FIEs

Animal feed market in the hands of FIEs

Analysts estimate that foreign invested enterprises (FIEs) now hold 80% of the animal feed market share, while Vietnamese enterprises only have 20%.

Expanding trade surplus aids growth

Expanding trade surplus aids growth

Vietnam expects a bright export picture for 2018, driven by the key export items of phones and electronic components, textiles and garment and footwear, as well as a growing trade surplus despite protectionist measures coming into effect across the globe.

Super commission to streamline SOEs

Super commission to streamline SOEs

As large-scale state-owned enterprises (SOEs) in Vietnam are performing poorly, the establishment of a ministry-level commission for managing state capital at SOEs is expected to help them improve operational effectiveness tremendously.

Developing a new strategy for FDI

Developing a new strategy for FDI

With Industry 4.0 on the rise, Vietnam is looking to change its strategy for attracting foreign direct investment to become more selective, with a focus laid on high-technologies. But how can the country reach this goal?

Tech transfer: Falling short of expectations

Tech transfer: Falling short of expectations

One of the deepest hopes clinging to foreign direct investment (FDI) is the transfer of technology to domestic firms with which the national economy expects to enhance its technological strength.

FIEs contribute billions of dollars to State budget

FIEs contribute billions of dollars to State budget

For the first time, foreign invested enterprises’ revenue and specific contributions to Vietnam’s state budget have been revealed, with the electronics and garment-textile industries being their biggest earners.

Tax, investment changes concern foreign firms

Tax, investment changes concern foreign firms

The changes in tax policy and investment incentives are the issues of greatest concern for foreign investors in Vietnam, said Bui Ngoc Tuan, Deputy General Director of the Audit and Advisory firm Deloitte Vietnam at a workshop on in Hanoi on July 10.

Technology application—a new trend in HR training ahead of CPTPP

Technology application—a new trend in HR training ahead of CPTPP

Amidst growing demand for qualified manpower among domestic and foreign-invested enterprises (FIEs), technology applications in human resources training are predicted to become a popular trend in Vietnam ahead of the enforcement of the Comprehensive and Progressive Pacific Partnership (CPTPP).