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As Vietnam develops a thriving software industry, Nguyen Thu Phuong and Vu Hong Ngoc of Grant Thornton explain how enterprises involved in software production intended for export can successfully claim VAT refunds.

The United Kingdom formally signed a treaty on July 16 to accede to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade group, enabling membership of a modern and ambitious trade deal spanning 12 economies across Asia-Pacific and now Europe.

On July 14, 2023, Ms Choochokkul Nattiya, the Director of SAP's SME solutions for the Indochina region, visited the office of Grant Thornton Vietnam. During the meeting, Ms Nattiya shared SAP's commitment to the development and support of SAP Business One in the Vietnamese market.

The Kick Off meeting for the ERP SAP Business One project for Suntex Co., Ltd. took place with excitement and high expectations from all employees. Suntex, a leading company in the garment hanger production industry, has decided to invest in software to improve management and drive innovation in their business operations. Currently, their self-developed software does not fully meet their management needs.

The new directive revises the 2014 Non-Financial Reporting Directive (NFRD), extends the scope of covered companies and strengthens the reporting requirements for in-scope companies. Approximately 50,000 companies will eventually be required to report on sustainability, including larger companies, as well as listed SMEs.

Grant Thornton Vietnam has recently completed the SAP Business One implementation project at CJ Olivenetworks Vina, a challenging and successful project. After 4 months of implementation, the project has officially gone live with active participation from both parties, especially the enthusiastic support of the leadership from both companies.

As online learning remains popular even with the easing of the pandemic, Dam Bao Ngoc and Lac Boi Tho of Grant Thornton look at the legal, regulatory, and tax-related requirements for overseas educational businesses providing such services in Vietnam.

Environmental, social, and governance (ESG) criteria applies to governments, companies, and individuals at all levels, but here we focus on companies. This is not to say it is the most important aspect, but it is a topic of rapidly growing interest in Vietnam.

A representative office of a foreign trading business in Vietnam is a dependent unit of the foreign business and could provide an important step in understanding the local market before officially expanding the business in Vietnam. At a first glance, it seems to be quite a simple business model to establish, run, and manage, with minimum costs. However, in practice, is this assumption actually valid?

On November 21, 2022, Grant Thornton Vietnam and USM Healthcare Company officially launched a comprehensive evaluation and consulting project for the ERP Pre-Implementation phase.

The Kick Off meeting for the ERP SAP Business One project for Suntex Co., Ltd. took place with excitement and high expectations from all employees. Suntex, a leading company in the garment hanger production industry, has decided to invest in software to improve management and drive innovation in their business operations. Currently, their self-developed software does not fully meet their management needs.

On October 24, 2022, CJ OliveNetworks Vina, a member of CJ Group - Korea, officially launched the project to deploy SAP Business One overall enterprise management solution for branches in Vietnam.

Many businesses in Vietnam today have strong and sustainable development in the market. These businesses have developed dramatically thanks to the application of business management software. The article below Grant Thornton will introduce to readers 5 effective overall business management software, of which ERP software is one of the best support tools currently widely popular in Vietnam. . South and the world. Let's find out with Grant Thornton what software it is!

On behalf of BritCham, Mr Kenneth Atkinson – Chairman of BritCham, Founder and Senior Board Adviser of Grant Thornton Vietnam, attended the Prime Minister Dialogue with FDI enterprises last week. A few points highlighted throughout the meeting are the reduction in tariffs on many items such as footwear, clothing, and food products, prioritizing renewable energy sources to minimize negative impacts caused by electricity production on the environment.

The implementation of the UK-Vietnam Free Trade Agreement will be a boon to bilateral trade and investment between Vietnam and the United Kingdom moving forward. Kenneth Atkinson, Founder and Senior Board Adviser of Grant Thornton Vietnam, provides his insights into the wide-ranging deal.

Different roles in a company will be looking at different KPIs. To constantly calculate, track and update this would be daunting if done manually. It's simply too cumbersome and time-consuming. Why allocate precious resources to do this when there are solutions in the market that deliver this natively and present them from a single source of truth to ensure they are accurate? To know more, download this free Business Guide to understand the 20 KPIs Every Growing Business Should Track.