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(Published on VIR) Starting March 4, all aluminum and steel imports into the U.S. will be subject to a 25% tariff. This sudden change presents significant challenges for Vietnamese exporters. As Vietnam ranks fourth among the largest steel suppliers to the U.S., this policy shift could have severe direct and indirect consequences for the country’s…
15
Mar
Mar
With the explosive growth of E-commerce, businesses and individuals are increasingly leveraging online platforms to conduct their operations. However, this openness also creates opportunities for intellectual property (IP) infringement. From patents and trademarks to copyrights, various types of IP are at risk. This article explores the various stages of IP protection on E-commerce platforms, analyzing…
03
Mar
Mar
On February 10, 2025, the Vietnamese government issued Decree No. 20/2025/ND-CP, introducing significant amendments to Decree 132/2020/ND-CP. The new decree, effective from March 27, 2025, aims to enhance transparency in tax compliance related to transfer pricing and will apply from the financial year 2024 onwards. Key Changes in Related Party Transactions 1. Revised Criteria for…
03
Mar
Mar
This report presents the sectoral structure of investment in Vietnam, the top investing countries, and the geographical distribution of investments. Its objective is to provide potential investors, businesses, and economic experts with an overview of Vietnam’s investment environment and growth potential. 1. Overview of FDI in 2024 1.1. Total Registered and Disbursed FDI Capital 1.2. Vietnam’s Competitive…
04
Mar
Mar
The legal framework for virtual assets and digital assets is increasingly becoming a key focus in the legislative efforts of Vietnam’s ministries and government agencies. In a significant move, the Government recently issued Resolution No. 27/NQ-CP following the regular Government meeting in January 2025. Notably, this resolution mandates the Ministry of Finance to lead efforts…
18
Mar
Mar
The Ministry of Finance (MOF) has proposed amendments to the 2008 Law on Excise Tax, focusing on taxable and non-taxable objects. The proposed changes aim to better align tax regulations with policies on public health protection and the management of high-end products and services. Taxation on Sugary Beverages To curb sugar consumption and protect public…
19
Mar
Mar
Vietnam’s Ministry of Industry and Trade (MoIT) has proposed a new green e-commerce law in response to growing environmental concerns, particularly the alarming projection of 800,000 tons of plastic waste by 2030. The rapid expansion of Vietnam’s e-commerce sector has led to significant ecological challenges, especially in packaging, order fulfillment, and online food delivery waste….
24
Feb
Feb
Vietnam approves Decision 245/QD-TTg to enhance atomic energy development, nuclear power infrastructure, and radiation applications for sustainable growth. The Prime Minister of Vietnam has officially approved Decision 245/QD-TTg, a strategic initiative designed to enhance the legal framework, policies, and state management system for atomic energy. This comprehensive Vietnam Master Plan on Atomic Energy aligns with international best practices and…
08
Feb
Feb
Starting July 1, 2025, Vietnam will integrate tax data with the national population database by replacing personal tax codes with citizen identification numbers. This transition, mandated under Circular 86/2024/TT-BTC (“Circular 86”), represents a significant shift in Vietnam’s personal income tax (PIT) administration. Key Amendments Introduced by Circular 86 Vietnam’s Ministry of Finance issued Circular 86…
09
Feb
Feb
The Ministry of Science and Technology (MOST) has recently released a draft Law on Science, Technology, and Innovation, outlining significant changes aimed at strengthening science and technology human resources, incentivizing science and technology workers, commercializing research outcomes, and improving the management of state budget-funded science and technology programs. Expansion of Science and Technology Human Resources…
