Your Business Expansion Expert in
Vietnam

The global minimum tax (GMT) is a new international tax reform under OECD’s Pillar Two, aimed at preventing profit shifting and ensuring multinationals pay at least a 15% tax on income in each country they operate. Vietnam has joined this movement through Resolution 107/2023/QH15 (effective Jan 1, 2024) and its implementing Decree 236/2025/ND-CP (effective Oct…

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Vietnam’s government has moved to streamline its business environment with a major update to the Law on Investment, aiming to reduce red tape for businesses. A centerpiece of this reform is the reduction of 38 conditional business lines and revisions to 20 others. These changes are poised to make it easier for startups and small-to-medium…

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What is internal accounting and what does an internal accountant do? Internal accounting refers to managing accounting and tax functions within the company through in-house staff. An internal accountant handles daily bookkeeping, invoices, payroll, tax declarations, and financial reporting in compliance with Vietnam Accounting Standards and tax regulations. They also prepare management reports to support…

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Thailand investment in Vietnam has been surging in recent years. Thai businesses registered 26 new projects (US$928 million) in the first nine months of 2025 – a sevenfold increase year-on-year. As of late 2025 Thailand is the 8th-largest FDI source in Vietnam (about 775 projects, $14.96B). Why Vietnam appeals to Thai investors Vietnam offers strong…

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Introduction Year-end audits require Vietnamese SMEs to finalize Corporate Income Tax (CIT) and VAT filings, making this season one of high tax risk. Auditors will cross-check each entry against accounting books, invoices, and contracts. Even small mistakes (like a missing invoice) can trigger reassessment and penalties, raising the company’s tax risk profile. In recent years,…

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Overview of Tax Reporting Requirements Foreign Direct Investment (FDI) enterprises in Vietnam are subject to multiple tax reporting obligations and must regularly declare and pay taxes to remain compliant and avoid penalties. Key required reports include Value Added Tax (VAT), Corporate Income Tax (CIT), Foreign Contractor Tax (FCT), and Personal Income Tax (PIT) for employees….

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