Vietnam FDI Insider

Vietnam FDI Insider Unlock investment opportunities in Vietnam with us. Stay updated on the lastest news, trends.

📊 The UOB Business Outlook Study 2023 has just been released, and the results are in! According to the study, a whopping...
10/05/2023

📊 The UOB Business Outlook Study 2023 has just been released, and the results are in! According to the study, a whopping 83% of SMEs and large enterprises in Southeast Asia are interested in expanding overseas, but face challenges such as finding the right partners, lack of in-house talent, and inadequate legal and regulatory compliance and tax support.

🌍 The study, which surveyed over 4,000 businesses in Singapore, Indonesia, Malaysia, Thailand, Vietnam, Mainland China, and Hong Kong SAR, also revealed insights on overall business sentiment, the impact of inflation, supply chain management, and more.

📈 Want to stay on top of the latest business trends in the region? And if you're interested in investing in Vietnam, don't forget to follow us.

CEO Coaching for Startup Founders Masterclass in HCMC on May 9th.Excited to have the opportunity to co-host an amazing e...
05/05/2023

CEO Coaching for Startup Founders Masterclass in HCMC on May 9th.

Excited to have the opportunity to co-host an amazing event with Golden Gate Ventures! If you would like to request an invite, and you are a founder of a Series A (or higher) startup, please comment below and we'll send you an invite.

💰🌏 Vietnam attracts $3.1 billion in FDI in the first two months of 2023 📈💼Vietnam has attracted $3.1 billion in foreign ...
20/04/2023

💰🌏 Vietnam attracts $3.1 billion in FDI in the first two months of 2023 📈💼

Vietnam has attracted $3.1 billion in foreign direct investment (FDI) in the first two months of 2023. The majority of the investment came from Singapore, followed by South Korea, Japan, and Taiwan. The top sectors that received FDI were manufacturing, real estate, and wholesale and retail trade.

This is great news for Vietnam's economy and shows that the country continues to be an attractive destination for foreign investors. The government has been implementing various measures to improve the investment climate and make it easier for businesses to operate in the country.

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🚨 Samsung warns against global minimum tax, advocates seek fair tax distribution 🌍💰Samsung, which has been one of the la...
20/04/2023

🚨 Samsung warns against global minimum tax, advocates seek fair tax distribution 🌍💰

Samsung, which has been one of the largest foreign investors in Vietnam, with a total investment of $17.5 billion so far, argues that the global minimum tax could reduce the competitiveness of Vietnam and other countries that have used tax incentives to attract foreign capital. In a recent meeting with Vietnamese Prime Minister Pham Minh Chinh, Samsung's CEO Choi Joo-ho reportedly said that the proposed tax reform would hurt the company's investment plans in Vietnam and make it less appealing compared to other destinations.

However, supporters of the global minimum tax say that it is necessary to prevent tax avoidance by multinational corporations and to ensure a fair distribution of tax revenues among countries. They argue that countries like Vietnam, which have benefited from foreign investment but also face the risk of profit shifting, should also support the tax reform. They also note that the global minimum tax would not apply to small and medium-sized enterprises, which account for the majority of businesses in Vietnam.

The debate over the global minimum tax is likely to continue as the proposal is being discussed by the G20 and the OECD. While the details of the tax reform are still being worked out, it is clear that it will have significant implications for multinational companies and the countries where they operate. As citizens and consumers, we can follow this issue and express our views on what we think is a fair and effective tax system for the global economy.
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According to the data as of March 20, 2023 from the Foreign Investment Agency - Ministry of Planning and Investment, the...
20/04/2023

According to the data as of March 20, 2023 from the Foreign Investment Agency - Ministry of Planning and Investment, the total registered capital for new investment, adjustment, and capital contribution for share purchases by foreign investors reached nearly $5.45 billion, equivalent to only 61.2% compared to the same period last year. Not only did the registered capital decrease, but the actual investment capital of foreign projects also decreased compared to the same period.

To understand more about this decline, let's take a comprehensive look at FDI attraction in the first three months of 2023 and the underlying reason.

Source: UOB Vietnam

Exciting news from Bac Ninh province! 🎉 Bac Ninh has ranked third in foreign investment attraction in the first quarter ...
10/04/2023

Exciting news from Bac Ninh province! 🎉

Bac Ninh has ranked third in foreign investment attraction in the first quarter of the year! 💰📈 This is a significant achievement that reflects the province's growing appeal to international investors. Here are the main points:

1️⃣ Bac Ninh province has ranked third in foreign investment attraction in Q1, showing its increasing popularity among foreign investors.

2️⃣ The province's success in attracting foreign investment reflects its favorable business environment, strategic location, and attractive incentives for investors.

3️⃣ This achievement is a testament to Bac Ninh's continuous efforts to promote economic development and attract foreign capital, creating job opportunities and boosting the local economy.

4️⃣ Bac Ninh has become an attractive destination for various industries, including manufacturing, electronics, and IT, with many well-known multinational corporations establishing operations in the province.

5️⃣ The provincial government's pro-business policies, infrastructure development, and skilled workforce have contributed to Bac Ninh's success in attracting foreign investment.

🏦 The State Bank of Vietnam (SBV) announced the lowering of the key refinancing rate by 50 bps to 5.5%, effective from M...
03/04/2023

🏦 The State Bank of Vietnam (SBV) announced the lowering of the key refinancing rate by 50 bps to 5.5%, effective from Mon (3 Apr). This is the latest policy move to support economic growth. The SBV’s move did not come as a surprise, given the earlier announcements, and the unexpectedly soft 1Q23 GDP growth rate which was released a day earlier.

🔻 We continue to see scope for the SBV to lower by a total of 100 bps in 2Q23. This means that there is likely another reduction of the refinancing rate by a further 50 bps before the end of Jun. Beyond that, the SBV is likely to approach further rate cuts in a cautious and deliberate manner due to considerations for domestic prices and global developments.

📈 FX Outlook: The VND stood out as one of the most stable currencies in Asia. Despite the big shifts in Fed rate hike expectations, global recession worries and US banking turmoil, the VND traded a tight 0.8% from either side of 23,600/USD. Overall, we expect the USD/VND pair to track other USD/Asia pairs higher to 24,200 in 2Q23 before easing lower to 24,000 in 3Q23.

🚨 Important news alert 🚨Over 1,000 foreign direct investment (FDI) enterprises are at risk of being affected by the glob...
31/03/2023

🚨 Important news alert 🚨

Over 1,000 foreign direct investment (FDI) enterprises are at risk of being affected by the global minimum tax policy. This new tax policy has been agreed upon by more than 130 countries and aims to prevent multinational corporations from avoiding taxes by shifting profits to low-tax countries. The minimum tax rate is expected to be at least 15% and could go up to 21%.

This means that FDI enterprises may have to pay more taxes, which could reduce their profits. 💸 This development could have a significant impact on the global economy and international trade.

Stay tuned for more updates on this crucial development. What do you think about this new tax policy? Share your thoughts in the comments below.
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Hơn 1.000 doanh nghiệp đầu tư trực tiếp nước ngoài (FDI) đang đối mặt nguy cơ bị ảnh hưởng bởi chính sách thuế tối thiểu toàn cầu. Chính sách thuế mới này đã được hơn 130 quốc gia đồng ý và nhằm ngăn chặn các tập đoàn đa quốc gia trốn thuế bằng cách chuyển lợi nhuận sang các nước có thuế thấp hơn. Mức thuế tối thiểu dự kiến sẽ ít nhất là 15% và có thể tăng lên đến 21%.

Điều này có nghĩa là các doanh nghiệp FDI có thể phải trả nhiều thuế hơn, gây giảm lợi nhuận của họ. 💸 Sự phát triển này có thể có tác động lớn đến nền kinh tế toàn cầu và thương mại quốc tế.

Hãy tiếp tục theo dõi để cập nhật thêm thông tin. Bạn nghĩ gì về chính sách thuế mới này? Chia sẻ ý kiến của bạn trong phần bình luận dưới đây nhé.

Are you considering investing in Vietnam? Don't let the legal requirements hold you back! 💰💼DICA (Direct Investment Curr...
31/03/2023

Are you considering investing in Vietnam? Don't let the legal requirements hold you back! 💰💼

DICA (Direct Investment Current Account), IICA (Indirect Investment Current Account), and OLA (Offshore Loan Account) are essential for foreign investors in Vietnam. They can be confusing, but don't worry, we're here to help you every step of the way!

Opening these accounts will streamline the investment process and get your business up and running smoothly. And with my guidance, you can rest assured that the account opening process will be a breeze.

So what are you waiting for? Contact us today to learn more about how we can work together to make your investment in Vietnam a success! 🚀💼

[Tiếng Việt bên dưới]🇻🇳📊 Major Changes Coming to Vietnam's Corporate Tax Policy 📈💲🎯 Starting next year, Vietnam will be ...
31/03/2023

[Tiếng Việt bên dưới]

🇻🇳📊 Major Changes Coming to Vietnam's Corporate Tax Policy 📈💲

🎯 Starting next year, Vietnam will be implementing a 15% tax on the profits made by multinational corporations with total revenues of at least EUR750 million ($819 million) in two of the preceding four years. For over a decade, the country has been offering tax incentives to foreign direct investment (FDI) companies.

🆕 The Organisation for Economic Cooperation and Development ( ) has initiated a global minimum corporate income tax, which means that companies with annual revenues of EUR750 million or more will be subject to a 15% tax rate. Many countries are expected to adopt this rate from 2024 onwards.

💰 In light of this new development, industry experts are suggesting that Vietnam should focus on enhancing the business environment and improving labor standards, rather than relying on tax incentives to attract foreign investment.
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🇻🇳💲 Từ năm sau, Việt Nam sẽ áp dụng mức thuế 15% đối với lợi nhuận của các tập đoàn đa quốc gia có tổng doanh thu ít nhất là 750 triệu EUR ($819 triệu) trong hai năm trước đó. Từ hơn 10 năm nay, đất nước đã cung cấp các ưu đãi thuế cho các công ty đầu tư trực tiếp nước ngoài.

🆕 Mức thuế tối thiểu toàn cầu về thu nhập doanh nghiệp, được khởi xướng bởi Tổ chức Hợp tác và Phát triển Kinh tế ( ), có nghĩa là các doanh nghiệp có doanh thu hàng năm từ 750 triệu euro trở lên sẽ chịu mức thuế 15%, với nhiều quốc gia áp dụng mức thuế này từ năm 2024 trở đi.

💰 Các chuyên gia cho rằng Việt Nam nên tập trung vào cải thiện môi trường kinh doanh và chất lượng lao động thay vì dựa vào các ưu đãi thuế để thu hút đầu tư trực tiếp nước ngoài khi mức thuế tối thiểu doanh nghiệp sắp được áp dụng.

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