Our collection of resources based on what we have learned on the ground
Resources
Q&A
What is the recruitment process for a foreign company in Vietnam?
- April 2015
- Free Access
When recruiting Vietnamese employees, foreign businesses must first submit a recruitment request to a Vietnamese recruitment agency. The agency is responsible for introducing Vietnamese employees to employer within 15 days of the request. If the agen...
Q&A
What are the variations in employment probation across China, India and Vietnam ...
- April 2015
- Free Access
In China the length of the probation period is affected by the employee’s contract terms and can be as long as 6 months. During the probation period the employer is obligated to pay the employee 80% of the full salary of their employment cont...
Q&A
What can get in the way of a company trying to terminate an employee in China, I...
- April 2015
- Free Access
In China, termination can be blocked and deemed invalid, usually in the instance that the employee has contracted a disease or is pregnant/on maternity leave. India’s antiquated shops and establishments Act 1953 may require the employe...
Q&A
What steps should a business take when considering how to benefit from Double Ta...
- March 2015
- Free Access
A business should take the following steps to receive any benefits from Double Tax Agreements in Vietnam: Examine if their services are included under the specific DTA Examine if the DTA includes any other benefits, for example withho...
Q&A
What are the benefits for foreign companies who establish a business in Vietnam?
- March 2015
- Free Access
Due to the ASEAN AEC (ASEAN Economic Community), tariffs on goods traded between Vietnam and China will drop to zero in most instances, this will create low labour cost in Vietnam.
Q&A
Are there any applicable tax or free trade agreements in Vietnam?
- March 2015
- Free Access
Yes, Vietnam has a very specific trade advantage. As a full member of ASEAN – it is privy to any FTA that ASEAN collectively signs. This includes a comprehensive FTA with China that effectively reduces tariffs on 90 percent of all products trad...
Q&A
How do Vietnamese wages compare against China and Asia?
- March 2015
- Free Access
Wages in Vietnam are roughly 30 percent of those working in major manufacturing hubs in China. In other words, Chinese workers earn at least double the wages of workers in other emerging Asian manufacturing hubs.
Q&A
Are there any additional incentives for foreign enterprises in Vietnam?
- March 2015
- Free Access
Yes, Vietnam is currently trying to attract more FDI to its country by reducing the Corporate Income Tax. The current tax is 22 percent; however, this is expected to be reduced to 20 percent by the end of 2015.
Q&A
What are the key industries for FDI in ASEAN?
- February 2015
- Free Access
Electronics Information and Communications Technology (ICT) Textiles and Apparel Medical Devices
Q&A
What makes ASEAN attractive for FDI?
- February 2015
- Free Access
ASEAN’s demographics, growing consumer markets, treaty networks and low tax rates make it a preferred destination for FDI. ASEAN has a population of over 600 million, and currently has a “demographic dividend” – the ratio wher...
Q&A
Which ASEAN countries are the most popular for FDI?
- February 2015
- Free Access
According to Merill Lynch, in 2013, Indonesia, Malaysia and the Philippines surged ahead of their regional neighbors with FDI increases of 17, 19 and 20.4 percent. Singapore receives the most FDI in ASEAN, valued at US$64 billion. Vietnam's FDI is gr...
Q&A
As of 2014, what is the minimum wage in Vietnam in the manufacturing sector?
- February 2015
- Free Access
Per day, the minimum wage is fixed at THB300 which is an equivalent of $9.25 and per month, it is fixed at US$360 for workers in the manufacturing industry.
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