Filippo Bortoletti Speaks at the 5th Annual Asia Offshore Forum
Dezan Shira & Associates is pleased to announce its successful collaboration with the Asia Offshore Association for the 5th Annual Asia Offshore Forum, held in Hanoi on May 15-16. With over 150 delegates from across the Asia Pacific region in attendance, the AOF continues to affirm itself as a leading platform for investment industry participants to share trends and best practices related to Asia’s offshore corporate structuring, cross-border investing, wealth management, and more.
An Attractive Destination for Foreign Investors
With Dezan Shira & Associates participating as the event’s Knowledge Partners, IBA Deputy Manager in Vietnam, Filippo Bortoletti, presented on the country’s FDI trends and opportunities. He also leveraged transfer pricing expertise to monitor the panel discussion on the challenges and solutions of staying engaged in the new BEPS framework. The BEPS framework is an OECD/G20 project to set up an international framework to combat tax avoidance by multinational enterprises (“MNEs”) using base erosion and profit shifting tools.
In his presentation on FDI, Filippo addressed the factors that have made Vietnam such an attractive destination to foreign investors. Through a combination of uncertainty caused by the US-China trade conflict, the country’s tax incentives in sectors such as manufacturing, and its openness to trade through free-trade agreements, Vietnam registered the highest amount of foreign investments in the past four years, reaching US$10.8 billion in Q1 of 2019. If you would be interested in receiving a copy of his presentation slides to learn more about FDI in Vietnam, please get in touch with us at the following email address.
We Look Forward to Support Foreign Investors in Asia
Finally, we would like to thank our Asian Alliance partners who attended the event. Special thanks to our partner in Thailand, Nippita Pukdeetanakul, as well as Ana Agustin from Indonesia Global Law, for joining us all the way in Hanoi. We greatly value our relationships with our partners and look forward to continuing to support each other in facilitating foreign investment in Asia.