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Vietnam’s personal income tax rules for foreigners have seen sweeping changes in recent months—from higher allowances and a simplified tax schedule to expanded exemptions. This article provides an essential 2026 update to help you navigate the system. What is Personal Income Tax? The personal income tax is what an individual needs to pay to the…
Vietnam’s FDI Growth and Regulatory Environment Vietnam is moving fast. In the first half of 2026 alone, the country attracted nearly US$25 billion in foreign direct investment (FDI). Foreign companies are not just testing the waters anymore; they are actively building factories, opening tech hubs, and scaling operations across Ho Chi Minh City, Hanoi, and…
Vietnam is having an incredible economic moment. Foreign Direct Investment (FDI) inflows are expected to comfortably cross the $40 billion mark this year. If you are running a business here, whether that is an electronics manufacturing plant in Binh Duong or a fast-growing tech startup in Ho Chi Minh City, you are operating in one…
Setting up a business in Vietnam is a major milestone. Whether you are opening a factory, launching a new office, or expanding your operations, the opportunities are significant. However, once the business is running, many companies find themselves spending more time on accounting, tax, payroll, and compliance than they expected. Managing changing regulations, preparing reports,…
Legal Basis for Electronic Labor Contracts in Vietnam Vietnam first recognized electronic labor contracts as legally valid under Article 14 of the 2019 Labor Code, which confirms that contracts concluded via electronic means have the same legal effect as written contracts, provided they comply with e-transaction laws. This position was further strengthened by the Law…
In today’s fast-paced, highly integrated digital economy, businesses operating in Vietnam are rapidly transitioning away from fragmented spreadsheets, outdated legacy software, and siloed data systems. Instead, they are turning toward comprehensive, centralized solutions that unify every aspect of their operations—from accounting and procurement to project management and supply chain logistics. This digital shift has made ERP…
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