Business News

Along with the development, material and spiritual life has been dramatically improved, but economic growth has drawbacks: ecological imbalance, climate change, pollution in urban areas, and damaging untreated waste. Economic achievements, social sustainability, and environmental and ecological balance can measure humankind's general evolution and a country's prosperity.

KPMG would like to share the very recent updates on legal legislation for your reference. Our legal update would cover the following matters:

Law on Medical Examination and Treatment 2023
Decision on the implementation of policies to support employees
Official Letter from the Ministry of Planning and Investment on procedures for adjusting investment projects due to demerger of enterprise

We would like to share the very recent updates on Data Protection regulations in Vietnam. Particularly, On 7 February 2023, the Government issued Resolution 13/NQ-CP approving the latest draft version of the Personal Data Protection Decree (“PDP Decree”). An official timeline for the issuance of the PDP Decree is not available but reports indicate that its issuance could be as early as March 2023 ...

In this newsletter, Grant Thornton Vietnam would like to update our valued customers on important tax and banking policies which have just been issued recently.

We are pleased to announce the launching of 2022 Vietnam Customer Experience Excellence Report. This year report surveys over 1560 consumers and takes on their evaluation of 79 local and global brands across 8 sectors to see how companies have thrived during challenging times.

Is the market of Vietnam in your sights? How much do you know about doing business in this Asian nation?

ENJOY A FLING WITH GIN THIS DECEMBER, AS GIN FESTIVAL SAIGON IS BACK AND BIGGER THAN EVER!

On 14 November 2022, the General Department of Taxation (“GDT”) issued Official Letter No. 4205/TCT-DNNCN guiding owners of e-commerce trading platforms to provide information as prescribed under Decree 91/2022/ND-CP dated 30 October 2022. Failure to the reporting obligations may lead to administrative penalty ranging from VND2million to VND16million as regulated under Decree 125/2020/ND-CP.

KPMG would like to share the very recent updates on legal legislation for your reference. Our legal update would cover the following matters

Vietnam is an exception to the prevailing economic doom and gloom, and its diversification strategy provides rich opportunities for Australian business.