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.
With the increasing trends in economic integration, it is normal that overseas organizations and foreign individuals generate income from doing business in another country rather than their home countries. In Vietnam, if a foreign organization earns income in Vietnam through providing services, or selling goods together with services, or trading, its income will be subject to Vietnamese Withholding Foreign Contractor Tax (FCT).
With the increasing trends in economic integration, it is normal that overseas organizations and foreign individuals generate income from doing business in another country rather than their home countries. In Vietnam, if a foreign organization earns income in Vietnam through providing services, or selling goods together with services, or trading, its income will be subject to Vietnamese Withholding Foreign Contractor Tax (FCT).
Update on new regulations and important tax policies
Grant Thornton Vietnam’s Hotel Survey 2019 presents financial, operational and marketing information for the 2018 financial year from a range of Vietnamese upscale hotels and resorts.
Tariff War and Relocation of Global Supply Chain
On Friday the British Ambassador HE Gareth Ward addressed members of the British Business Group Vietnam on the UK’s new industrial strategy and opportunities in line with the Vietnamese Governments Industry 4.0 Strategy. I quote below
Grant Thornton Vietnam is pleased to announce the release of the results of our 18th survey - “Private Equity in Vietnam- Catching up and getting ahead”. The survey was conducted in March 2019.
With the continued rapid development of Vietnam and the growing rate of urbanisation and the growth in the middle class, the Government is finally accepting that one of the best solutions to fill the massive gap in the funding needs, is to improve the PPP regulatory environment and to address gaps still remaining under the 2018 Decree 63.
IFRS News is your quarterly update on all things relating to International Financial Reporting Standards. We’ll bring you up to speed on topical issues, provide comment and points of view and give you a summary of any significant developments.
The themes were attracting market segments of tourists with high spending power (which I spoke at); Completing Institution and Fundamental arrangements for the digital economy in Vietnam; Tapping into CPTPP….; Facilitating medium and long term capital flows; creating sustainable value chains for agriculture, forestry and fisheries; and new business models and innovation in Vietnam plus a panel discussion with Businesswomen on the aspirations for a prosperous Vietnam.
For many years the moan of many foreign investors, particularly in the manufacturing sector, was energy and the brownouts and blackouts and the projected future shortages. We do not hear too many complaints these days and I will highlight some of the reasons why. Since the year 2000 Vietnam has increased the supply of energy to the economy 8 times.
In emerging economies around the world SME’s, SMEs contribute up to 45% of total employment and 33% of GDP. When taking the contribution of informal businesses into account, SMEs contribute to more than half of employment and GDP in most countries irrespective of income levels . Vietnam is no different and with over 600,000 private companies, of which over 94% are SME’s or micro companies.
In 2018, Gross regional Domestic Product increased 8.3% (higher than the national average) driven by the service sector which registered an 8.4% increase. Tax collection also registered an 8.3% year on year increase. The City’s export turnover grew 7.5% to reach US$ 38 billion and the international Visitors to the city recorded a record level of 7.5 million (an increase of 17%). Foreign Direct Investment increased by 11.8% to US$ 7.4 billion with FDI contributing 58% of the city’s exports.
With high economic growth and a stable political environment, Vietnam has become an attractive destination for Private Equity (PE) funds. In addition to some well-established Vietnam-based PE firms, such as Mekong Capital, VinaCapital, and Vietnam Investments Group, there are a growing number of offshore PE firms looking for investment opportunities in Vietnam. What PE funds can bring to Vietnam businesses are not only about providing capital, but also about other aspects of operation, including corporate governance, business ideas, relationship and experience.