Blog

Tax Incentives in Vietnam: A Comprehensive Guide

Posted 22.04. 2019 by Cekindo

Vietnam has long been considered an investment paradise for foreigners due to its abundant workforce and competitive costs of lower wages. Furthermore, the country has developed one of the most competitive tax policies that appease most foreigners. When being compared to other countries in Southeast Asia, Vietnam’s tax incentives stand out and create a more …

Should You Be Investing in Vietnam?

Posted 21.04. 2019 by Cekindo

Vietnam carries numerous traits of a tempting investment haven with its strong organic growth, surging middle population, and attractive labour costs. It is even more apparent that there will be a tremendous trade expansion after the signing of the EU Free Trade Agreement and the Trans Pacific Partnership – ready to fuel Vietnam’s economic growth …

Top Reasons for Payroll Outsourcing in Vietnam

Posted 18.04. 2019 by Cekindo

Vietnam has experienced the most phenomenal transformation over these years with its market openness and policy changes to attract and facilitate foreign direct investment. Not only there are more and more new businesses in Vietnam, but there are also numerous foreign companies expanding their operations in the country. Various outsourcing processes, then, are demanded by …

Starting E-Commerce Business in Vietnam: Why and How

Posted 16.04. 2019 by Cekindo

One sure thing about Vietnam is that it is a very young country going through a golden population period with most of its people under 30 years of age. The country is also one of the world’s fastest growing e-commerce countries with approximately 50 million Internet users, and a forecast turnover of US$10 billion by …

Why You Should Establish Your Startup Business in Ho Chi Minh City

Posted 15.04. 2019 by Cekindo

Over the past three decades, Vietnam has transformed itself from being one of the least developed regions in the world into one with flourishing economy in Southeast Asia. The dynamic is even more apparent in Ho Chi Minh City. Previously known as Saigon, Ho Chi Minh City is a fast, young, and vibrant city in …

Import License in Vietnam: A Comprehensive Guide

Posted 11.04. 2019 by Cekindo

With a population of over 96 million (as recorded in 2017), Vietnam is undoubtedly a tempting market for foreigners to expand their business or to invest. Vietnamese consumers are very interested in foreign or imported goods because the Vietnamese believe that the commodities imported from other countries are more desirable due to their higher quality …

Food and Beverages Registration in Vietnam

Posted 9.04. 2019 by Cekindo

Vietnam is one of the most alluring markets in Southeast Asia regions for consumer-oriented business due to its growing middle class, positive demographic dynamics, increasing income and sustainable economic growth. This has been proved by the consumers’ spending power in the country over the past few years. By 2020, 60% of the Vietnamese population will …

EU-Vietnam Free Trade Agreement and Opportunities Offered

Posted 4.04. 2019 by Cekindo

In July 2018, Vietnam and the European Union agreed on and finished the legal review of the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (IPA). The EVFTA will be translated into 22 official EU languages and the commission will send the translated versions to the Council and the European Parliament for …

Restrictions for Representative Office in Vietnam

Posted 2.04. 2019 by Cekindo

One of the legal entities that a foreign company or a foreign investor can establish in Vietnam is a representative office. This type of company formation is an effective way for foreign companies or investors looking forward to analysing the market trends in Vietnam. Thus, a representative office allows a foreign entity to gain a …

Annual Tax Return in Vietnam in 2019

Posted 28.03. 2019 by Cekindo , last update on 10.04. 2019

We are now entering tax filing season for 2018. If you are still confused and wonder how to go about this time-consuming task, you are not alone. Hundreds of thousands of individuals and companies feel the same as you do, and annual tax return in Vietnam becomes a nightmare of many entrepreneurs. According to the …

Employing Local and Foreign Employees in Vietnam

Posted 26.03. 2019 by Cekindo

For a successful start in Vietnam, you will need to hire a local team. In Vietnam it is possible to hire local people as well as bringing foreign talents. We will cover both in this article. Hiring local talent As there are 1.5 million young adults entering the labour market every year, the biggest strength …

Is Local Nominee a Safe Way to Start Business in Vietnam?

Posted 21.03. 2019 by Cekindo

A local nominee appointment in Vietnam is a significant ingredient for foreigners who want to do their business in the country. Often, the local nominee is appointed as a shareholder of a company in order to shield the real owner’s identity; it is also used for foreign investors to get involved in business sectors that …