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Vietnam Market Entry Guide 2020


We have published our 2020 Market Entry Guide for Vietnam, which is a detailed publication covering the processes, structures and considerations for foreign investors seeking to enter Vietnam.

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Vietnam Tax Guide 2020 (Updated)


We have updated our 2020 Tax Guide for Vietnam, which is a comprehensive document covering taxation in Vietnam - for both Corporate Taxpayers and Individuals. This update includes changes arising during the 2020 year due to Covid-19 stimulus incentives from the Government and other material changes arising for taxpayers in 2020.

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Client Alert, July 2020: Vietnam's New Law on Investment 2020


The Law of Investment 2020 (“LOI 2020”) was approved by the National Assembly of Vietnam on 17 June 2020, and takes effect from 1 January 2021, replacing and supplementing the Law on Investment 2014 (“LOI 2014”). The LOI 2020 regulates activities related to business investment into Vietnam, and investment activities from Vietnam to other countries. This new law aims to simplify administrative procedures and conditional business lines, synchronize with international commitments in investment activities of which Vietnam is a member, and to better facilitate investment activities into Vietnam.

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Client Alert, July 2020: Vietnam 30% CIT Reduction for 2020


The Vietnamese Government recently released Resolution 116/2020/QH14 dated 19 June 2020, which aims to provide small and medium sized enterprises with Corporate Income Tax (“CIT”) reductions for 2020 as a stimulus measure for the economy, following approval from the National Assembly in June.

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Client Alert, July 2020: Vietnam's New Enterprise Law 2020


In 18 June 2020, the National Assembly of Vietnam approved the new Enterprise Law 59/2020/QH14 (“Enterprise Law 2020”), which comes into effect from 1 January 2021. The Enterprise Law 2020 contains 10 Chapters and 218 Articles, and replaces the Enterprise Law 68/2104/QH1 (“Enterprise Law 2014”). This law guides the operations of companies and similar organisations in Vietnam, but does not apply to or cover “Household” (unincorporated) businesses.

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Vietnam Tax & Accounting Update July 2020


Our July 2020 publication of our Tax and Accounting Updates covers the Decree increasing loan interest deductibility caps for Corporate Income Tax, National Assembly approval for reductions in Corporate Income Tax rates for 2020 for small and medium businesses, possible decreases in Social Insurance contributions for certain high-accident industries, along with and our regular review of recent Official Letters released by the Tax Authorities.

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Client Update: Changes from 1 July 2020 to Vietnamese Immigration Laws


From 1 July 2020, new immigration laws have come into effect in Vietnam in relation to Visas and Temporary Resident Cards (“TRC”) for foreign individuals. As background, on 25 November 2019, The National Assembly of Vietnam approved Law 51/2019/QH14 (“New Immigration Law”) on amending and supplementing a number of articles of the Law on Entry, exit, transit and residence of foreigners in Vietnam No. 47/2014 / QH13 (“Old Immigration Law”), which is effective from 1 July 2020.

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Buying an Existing Company in Vietnam – Risks and Issues for Investors to Consider


International investors and entrepreneurs commonly undertake direct investments in existing companies in Vietnam, however, as with any investment, care needs to be taken. When assessing the value and risks of a potential acquisition target, there are processes and actions that should be considered and included as core elements of the assessment and transaction processes. In this article, we look at key issues that arise in transactions in Vietnam, risks that should be considered and reviewed, and procedures for structuring and protection when undertaking transactions.

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Ho Chi Minh City:
Level 9, Abacus Tower
58 Nguyen Dinh Chieu, District 1 

Level 13, Hanoi Towers
49 Hai Ba Trung, Hoan Kiem District

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74 Bach Dang, Hai Chau District



+84 (0)28 6291 5779 (HCMC)
+84 (0)24 3266 3314 (Hanoi)
+84 (0)236 366 4662 (Danang)

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