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Do you want your business to operate efficiently and make remarkable progress in the era of Industry 4.0? Don't miss the opportunity to experience the integrated application of SAP Business One and Telegram, a groundbreaking product designed and pioneered by Grant Thornton Vietnam.

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.

Grant Thornton is conducting its 2023 survey on the investment outlook of the private equity sector. The survey is aimed at decision makers involved in investment activities such as corporates, advisory firms and private equity houses in addition to academics and experts across various sectors of the economy.

On March 20, 2023, AEON Delight Vietnam and Grant Thornton Vietnam officially signed a contract to deploy the Oracle NetSuite enterprise management system at AEON Delight. Oracle NetSuite is one of the world's leading financial management, sales, inventory management, and customer relationship management (CRM) platforms, providing diverse solutions for businesses of all sizes based on cloud technology

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.

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.

This newsletter sets out how an entity should determine if the transaction is a business combination, and whether it is within the scope of IFRS 3.

This newsletter is designed to give preparers of IFRS financial statements a high-level awareness of recent changes to International Financial Reporting Standards with effective date from 1 January 2021.

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.

Nguyen Dinh Du and Do Vu Bao Khanh of Grant Thornton Vietnam explain the new regulations introduced recently in Vietnam updating the national transfer pricing regime, and consider the resulting benefits and challenges of these measures for taxpayers.

Chairman’s Insights

2018 saw Vietnam achieve or exceed all socio economic forecasts for the year and this accompanied by the high level of business confidence, maybe with the exception of the construction industry, augers extremely well for 2019. GDP growth exceeded the target of 6.8% recording an 11 year high of 7.08% putting Vietnam as one of the strongest growth economies in Asia and the world. The strongest driver for GDP growth were the manufacturing industries with a growth figure of 12.98% . At the same time inflation remained at under 4%.

Optimising benefits from tax incentives

In this newsletter, Grant Thornton Vietnam would like to update the latest regulations and notable tax policies as follows:

This was the theme of the semi-annual plenary session of the Vietnam Business Forum (“VBF”) held in Hanoi, on Tuesday December 4th, which was attended in full by the Prime Minister Nguyen Xuan Phuc. This was also the 21st year of the VBF which was established under the auspices of the Wortld Bank and IFC together with the Vietnam Chamber of Industry and Commerce to provide a platform for dialogue between the private sector and Government.