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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.

Nguyen Dinh Du and Do Vu Bao Khanh of Grant Thornton Vietnam look at transfer pricing audits in Vietnam, from the process to potential challenges, and discuss how taxpayers can mitigate risks.

On June 6, 2022, Grant Thornton enterprise coordinated with the Vietnam Golden Businessmen Club to organize a seminar "Application of Technology solutions in business management".

VIR interviewed Claude Spiese, Senior Advisor for Digital Advisory at Grant Thornton Vietnam, and Tom O’Connor, Founder and CEO of XperX AI, to discuss trends in data analytics and AI in marketing in today’s digital world.

Kenneth M. Atkinson, Founder and Senior Board Adviser of Grant Thornton Vietnam cum vice chairman of the Vietnam Tourism Advisory Board, shared with VIR’s Thanh Van about the chances for Vietnam’s tourism industry when easing quarantine requirements and launching a pilot programme to welcome international tourists.

Nghiem Xuan Hong An of Grant Thornton Vietnam explains how foreign investors need to implement their investments via a direct investment capital account with an authorized bank in Vietnam.

According to Vietnam M&A Forum 2020 held last November, the combined deal value in Vietnam in 2020 was US$3.5 billion, a 51% decrease compared to 2019.

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.

With the Government’s effective pandemic containment measures and initiatives to stimulate domestic tourism demand, sentiment towards travel is recovering.

Nguyen Dinh Du and Do Vu Bao Khanh of Grant Thornton Vietnam look at transfer pricing audits in Vietnam, from the process to potential challenges, and discuss how taxpayers can mitigate risks.

Every digital project, from the implementation of Enterprise Resource Planning (ERP) or other business software to a suite of collaboration tools, requires project management to estimate, coordinate, and control the resources of time, budget, and manpower needed to implement successfully, and achieve the business targets of the new digital system on-time and on-budget.

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.

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.

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.