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Blog Articles

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Blog Articles

Understanding the Recent Value-Added Tax Reduction Policy - A Comprehensive Guide to Compliance with New VAT Regulations 2023

by Long Nguyen on July 6, 2023
The Vietnamese government has recently approved and issued some policies about extension and reduction of the taxes for 2023, including continuing to apply the policy of 2% reduction in the value-added tax (VAT) on goods and services. The reduction to 8% VAT aims to stimulate economic growth and provide support to businesses. In a recent […]
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How to Start a Gaming Company in Vietnam: A 6-Step Guideline

by Long Nguyen on June 21, 2023
Amidst the ongoing boom in information technology and the digital economy, technology-related investments have become increasingly popular among savvy investors. Within this landscape of enticing opportunities, the realm of electronic games, especially online games, stands out as an incredibly appealing segment that captures significant attention. However, despite its potential for great success, establishing an online […]
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Vietnam’s Economy at a Glance

by David Lang on June 21, 2023
In the face of the formidable challenges posed by global economic uncertainty, Vietnam's economy finds itself amidst a period of hardship. However, both the government and businesses are unwavering in their determination to steer the nation's economy through these turbulent times. Despite the trials encountered in the first half of the year, a renewed sense […]
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FDI Performance of Vietnam: Insights from May 2023

by David Lang on June 21, 2023
FDI continues to play a pivotal role in driving Vietnam's economic growth in 2023, reaffirming its significance as a key pillar of development. While the first quarter witnessed sluggish growth in FDI capital, the month of May brought promising improvements. As the global economy grapples with downturns and geopolitical tensions, the Vietnamese government remains committed […]
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Company Dissolution in Vietnam

by Long Nguyen on June 21, 2023
Company dissolution in Vietnam is a multifaceted process that demands careful attention to legal requirements and meticulous planning. In Vietnam, understanding the process and legal requirements for dissolving a company is crucial to ensure a smooth and legally compliant exit strategy. This blog article aims to shed light on the intricacies of company dissolution in […]
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From Decision to Execution: Guiding Advice for Investors Renting Land in Industrial Parks in Vietnam

by Long Nguyen on June 21, 2023
In recent years, the government has consistently extended preferential policies to incentivize investments in the industrial zones, establishing them as an optimal launchpad for both domestic and foreign investors eager to expand their ventures in Vietnam. However, selecting the most suitable industrial zone for investment remains a multifaceted endeavor. Investors must not only weigh the […]
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Founded in 2009, Viettonkin Consulting is a multi-disciplinary group of consulting firms headquartered in Hanoi, Vietnam with offices in Ho Chi Minh City, Jakarta, Bangkok, Singapore, and Hong Kong and a strong presence through strategic alliances throughout Southeast Asia. Our firm’s guiding mission is aimed towards facilitating intra-ASEAN investments and connecting investors in Southeast Asia with the rest of the world, thus promoting international business relationships and strengthening inter-nation connections.
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