Vietnam continues to outperform global averages in women’s leadership. Explore key insights from Grant Thornton’s Women in Business 2026 report on gender diversity and CEO representation.
Explore Grant Thornton Vietnam’s M&A Outlook 2026, featuring Vietnam’s M&A market performance in 2025, key sectors, investor trends and deal drivers for 2026.
In-depth analysis of Circular 99/2025/TT-BTC from an IFRS perspective, assessing its level of alignment and implications for IFRS conversion in Vietnam.
Mr Nguyen Hung Du and Ms Tran Nguyen Mong Van of Grant Thornton Vietnam discuss the tax treatment of royalties in Vietnam and the potential benefits and opportunities for foreign enterprises there.
Grant Thornton Vietnam is pleased to announce the release of our Private Equity Survey 2020 – an edition to our annual Private Equity Survey series. This year survey has been conducted to capture the full impact of Covid-19 and growth opportunities despite the pandemic setback. We also cover the Value Creation Plan, a topic that has received much attention in the private equity world in recent years.
Vietnam has gained remarkable achievements in economic development in 2020, although this was a turbulent year for the entire world. As a long-time resident of Vietnam and a dual national, I can only applaud the Government for its swift proactive measures to contain the pandemic and enable a relatively strong economic performance in 2020.
A project management office (PMO) in Vietnam commonly refers to an office established by a foreign contractor that is registered to operate in the locality where its construction work is carried out. A PMO would operate within the terms of a contract and be dissolved when the contract expires.
The BVI International Tax Authority has extended the Economic Substance reporting deadline by 90 days from the previous due date, 29 December 2020. This means that if you have not yet submitted your ES filing, you can do so before 29 March 2021 on BOSS.
Are your firms’ existing and planned digital systems fit for purpose for your business objectives? What are the risks to your business stemming from your internal and external digital systems?
Going along with the development of science and technology and industrial revolution 4.0, the National Assembly and Government have promulgated by many policies to support the development of Information Technology (“IT”) industry in Vietnam in order to enhance the competitiveness of IT enterprises as well as the investment attraction strategy, in which the Corporate Income Tax (“CIT”) incentives policy stands out to further promote the development and application IT in Vietnam.
At the start of the New Year it is both time to reflect and look to see what we can expect in the year ahead. We are all well aware of the Government’s excellent response to unexpected Covid 19 pandemic, having one of the lowest number of cases, as a percentage of population, and one of the lowest fatalities per number of cases. I believe Vietnamese and foreigners alike are grateful to the authorities for the contact tracing and quarantine requirements, which have been instrumental in containing community spread.
The Vietnam government has introduced policies to encourage the growth as well as maintain the competitiveness of “supporting industry” investment in Vietnam. Valerie Teo and Nguyen Tan Tai, of Grant Thornton Vietnam, discuss the available tax incentives for supporting industries.
Being a dependent unit of a foreign company to conduct a number of limited commercial promotion supporting activities permitted by Vietnam laws, a Vietnam-based representative office without carrying out any profit-making activities seems to be quite simple to manage, save cost and simplify the compliance procedures during operation, i.e. no Value Added Tax (VAT), no Corporate Income Tax (CIT), no requirement to maintain the stipulated accounting books, no independent audit required by laws, etc.
In this newsletter, Grant Thornton Vietnam would like to update our valued customers on important legal policies that have just been issued recently.
His Excellency Nguyen Xuan Phuc opened the meeting with the World Bank, IFC, VCCI, Consortium members of the VBF and the Chairs of the various working groups. He welcomed all attendees and commented that Vietnam was enjoying relatively strong economic growth, some of the strongest trade flows in 2020, improved ratings by Fitch and a higher rating in the Global Competitiveness Index.
Vietnam: Expenses for Intra-Group Services
Nguyen Thu Phuong and Nguyen Hung Du, of Grant Thornton Vietnam, discuss foreign direct investment in Vietnam looking specifically at the use of a direct investment capital account and the tax risks involved.
Grant Thornton Vietnam is pleased to issue the updated 2020 edition of ‘Doing Business in Vietnam’. We hope you find this guide is useful and helpful in understanding how to do business in Vietnam.
What the future could hold for education investment in Vietnam