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Blog Articles

The "escape" way at Ben Luc - Long Thanh Expressway Project

by Long Nguyen on June 8, 2022
Waiting for capital appraisal According to the news of Investment Newspaper, last week the Ministry of Transport issued the Official Letter No. 27/BGTVT-KHDT to the Ministry of Finance related to the appraisal process of residual capital utilization of the 2nd ADB Loan Agreement (3391-VIE), Ben Luc - Long Thanh Expressway Construction Project. Thereof, the Ministry […]
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Anti-tax loss from cross-border advertising: a "stick" other than a "carrot"

by Long Nguyen on June 8, 2022
Billions of US dollars in revenue, but tax evasion in Vietnam Said the General Department of Taxation, there are 15 global big corporations and technology companies operating across borders earning money "full of pots, full of bowls" in Vietnam. In which, Vietnam's sole online advertising revenue is about USD 1 billion, Google and Facebook duo […]
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Setting Up a Company in Indonesia (Part One)

by Long Nguyen on June 8, 2022
In Indonesia, prospective business owners can start any company of any sort as long as they have fulfilled all the necessary criteria and regulations. Two of the most important and well-known business entities in Indonesia are Perseroan Terbatas (PT) and Perseroan Terbatas Penanaman Modal Asing (PT PMA). PTs or PT PMAs can be found all […]
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Setting Up a Company in Indonesia (Part Two)

by Long Nguyen on June 8, 2022
Part Two of the article focuses on the Indonesian business entity known as Perseroan Terbatas Penanaman Modal Asing (PT PMA) and issues related to its establishment. Part Two: PT PMA What is a PT PMA? PMA Indonesia (Penanaman Modal Asing) or PT PMA (Perseroan Terbatas Penanaman Modal Asing) is also known as a Foreign-Owned Company […]
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SETTING UP FOREIGN BANK PRESENCE IN VIETNAM

by David Lang on June 7, 2022
I. Overview of Banking Sector in Vietnam Thanks to the Government’s efforts in containing the Covid-19 situation, the first half of 2021 saw positive results from the overall banking sector: A JP Morgan report showed that Vietnamese banks offer the best combination of growth and return on equity (ROE) in ASEAN at 18 percent, double […]
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Even though a pioneer, why is 5G commercialization in Vietnam slow?

by Nga Dinh on June 7, 2022
Carriers are petitioning the Government to have policies to promote 5G development. 5G subscribers only gained 0.54% According to The Mobile Economy 2022 of GSMA, there have been 209 operators deploying commercial 5G globally in 83 countries and will reach 1 billion connections globally by 2022. The report also shows that investment in 5G will […]
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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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