What is Foreigner Contractor Tax in Vietnam?

In Vietnam, foreign companies or individuals conducting business or providing services within the country are subject to specific tax regulations. One of the key taxes they must comply with is the Foreigner Contractor Tax (FCT). This tax applies to foreign contractors and subcontractors working in Vietnam, covering both income earned within the country and the […]

Which Investment Projects Require National Assembly Approval?

In Vietnam, certain investment projects require approval from the National Assembly before they can proceed. This approval process is a critical step for large-scale or strategically important projects that could impact the country’s economy, environment, or social welfare. Understanding which projects need to obtain this approval is essential for both domestic and foreign investors to […]

Guidelines for the Transfer of Foreign Direct Investment Capital into Vietnam

Vietnam has emerged as a highly attractive destination for foreign investors due to its stable political environment, abundant workforce, promising market potential, competitive costs, strategic geographical location, and its deepening integration into the global economy. The Free Trade Agreements (FTAs) signed by Vietnam, particularly the Vietnam-EU Free Trade Agreement (EVFTA), have significantly enhanced the attractiveness […]

Essential Licenses for FDI in Vietnam

Foreign Direct Investment (FDI) in Vietnam has risen owing to the country’s robust economic growth and favourable business environment. However, navigating the legal landscape can be challenging for foreign investors. Overview of Vietnam’s FDI Legal Framework Vietnam’s legal framework for FDI is primarily governed by the Law on Investment and the Law on Enterprises. These […]

Green FDI: The definition and importance

Recently, foreign direct investment (FDI) has increasingly become a key motivation for economic development. However, its process has caused many negative environmental impacts. Therefore, governments have encouraged an investment wave towards Green FDI (GFDI) projects. GFDI occurs when foreign investors bring clean technologies, activities, projects and capital into a recipient country. This type of investment […]

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