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.
Grant Thornton’s 2020 Women in Business report delves into the statistics on how the Blueprint for Action is being used by businesses worldwide to promote more women into leadership roles.
We launch a series of Brief discussion on Tax Finalization and Profit Remittance Abroad, Corporate Income Tax Incentive for Social Impact Projects, and Tax Breaks for High-tech Transfers.
Merger and acquisition remains a root but increasingly complex path to growth for many businesses, essential preparation can overcome the challenges.
Further to our letter dated February 6th, we would like to continue our congratulations for the Governments handling so far of the Coronavirus situation (COVID-19) and the measure taken. We would like to thank you, your excellency for publicly used our early letter to support argument and immediate and apt policy. As you are aware, we are sure, that the current situation is having a devastating effect on the industry, in Vietnam.
In spite of continuous improvements, in recent years, productivity in Vietnam remains amongst the lowest in East Asia. The Vietnam Institute for Economic and Policy Research (“VEPR”) has also stressed the need to improve labour productivity.
IASB Issues Classification of Liabilities as Current or Non-Current
Managing growth in new markets? What are the essential qualities required of leaders when going global?
Nguyen Thu Phuong and Nguyen Hung Du, of Grant Thornton Vietnam, discuss the impact of an intra-group agreement and the tax risks involved.
I attended the Vietnam Business Forum (VBF) plenary session in my capacity as Founder of Grant Thornton and Chairman of the Tourism Working Group. In his address to the Forum Deputy Prime Minister Dung emphasized the need to strengthen links between the FDI and community and local business to help with both economic development and to improve the quality of economic growth, through the application of advanced technology, increased automation, green growth, and the efficient use of energy.
Tax Newsletter, Update on new regulations and important tax policies
Nine considerations for growing businesses when selecting and entering new markets.
The start of a new decade is a good time to reflect on my 30 years’ association with Vietnam, which began in November 1989. In 1990 Vietnam’s total foreign trade was less than US$ 5 billion and imports were limited to the value of foreign currency generated from exports, the exchange rate was VND 4,300 to US$1, Per capita income was less than US$ 200 per annum, and foreign exchange reserves were non- existent and there few or no overseas remittances back to Vietnam. There was very small foreign direct investment as the first Foreign Investment law was not promulgated until late 1988.
As we have seen in recent months Vietnam is proving to be a major beneficiary of the trade tensions between the USA and China. 2019 will be another year of 7% plus GDP growth more than 0.2% over the annual forecast and bilateral foreign trade will exceed US$ 500 billion for the first time and FDI has achieved a 10 year record high with commitments of US$ 38 billion and remitted capital exceeding US$ 20 billion.
Globally our report shows that despite talk of a slowdown in global economic growth and the more challenging economic environment, more than half the 10,000 businesses surveyed in our IBR reported revenue growth in excess of 5% in the first half of 2019. In Vietnam more than 70% of the firms interviewed have seen revenue grow by more than 5% in the last 12 months.
The Interim Financial Statements have been reviewed and updated to reflect changes in IAS 34 and in other IFRS that are effective for the year ending 31 December 2020.