Whilst there are rightfully questions over Vietnam’s projected growth targets for 2022, in the light of the headwinds caused by rising inflation and the unfortunate Russia Ukraine situation. Mr. Kenneth Atkinson think Vietnam can remain confident in a GDP growth circa 6% and sustain economic growth in the face of building head winds
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The Vietnam economy grew at 2.58% in 2021, well below the Government’s target, due largely to the huge disruptions to manufacturing and other economic activities, due to the rampant Covid outbreak and the lockdown restrictions imposed by the Government, some of which continue at the start of 2022.
Grant Thornton Vietnam is pleased to introduce the latest edition of ‘Doing Business in Vietnam’ updated in 2021.
Business health in ASEAN countries is improving, but outbreaks of the COVID-19 Delta variant are hampering the speed of recovery.
Nguyen Tan Tai, Tax and Corporate Services Manager at Grant Thornton Vietnam said, “Vietnam has regulations on personal income tax (PIT) on investment gain, specifically for real estate. The local authorities can consider appropriate tax rates periodically.”
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.
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
Internal Audit plays a key part in the corporate governance. With effort to enhance corporate governance in Vietnam market, the Government issued Decree 05/2019/ND-CP (“Decree 05”) on Internal Audit (IA) which came into effect on 1 April 2019.
Our specialists explore how private equity firms are now working with their portfolios and how the mid-market can benefit from investment.
Nervous about partnering with Private Equity? We explore some of the common myths we come across when speaking to mid-market businesses about PE investment.
When the global COVID-19 pandemic stormed across the globe in early 2020, the private equity sector was hit hard but deals are coming back to the market.
Quarterly analysis of UK M&A trends in software, IT services (including digital transformation), fintech, advertising and marketing services.
"The domestic sector will be dependent on the timely disbursement of the committed US$ 30 billion4 in public investment, as this will have a multiplier effect on growth. In fact July saw a positive move in this regard with disbursed public investment of US$ 1.97 billion up 51.8% from July 2019.5 All in all, as well as being a leader in the containment of Covid 19, Vietnam is also showing itself a leader in resilience and should end 2020 with one of the highest GDP growth figures, if not the highest, globally. In H1 2020 Vietnam ranked no 5 in terms of % GDP growth" - Founder and Senior Board Adviser, Kenneth M Atkinson shared his professional perspectives and comprehensive insights towards Vietnam's Economy and FDI in H1 2020
To assist businesses in comprehension and application of the new regulations, in the Tax Newsletter this month, Grant Thornton would like to summarize some key changes in the Law on Tax Administration 2019, which has been effective from 1 July 2020
The private equity (PE) industry is feeling the pressure of the coronavirus outbreak, both in terms of deal-making and managing existing portfolios.