Important changes to VAT administration

Important changes to VAT administration

Effective 1 July 2016, several important changes to VAT administration will be put into implementation. These include: More goods are waived from VAT return filing but still VAT-deductible: agricultural produce, livestock, aquatic products that are not yet processed...
Vietnam Retail

Vietnam Retail

Vietnam’s retail sales have grown dramatically over a long period of time, maintaining a 5-year CAGR of 17.6% (2010-2015) despite the economic slowdown in these years, to reach almost US$110bn in 2015. In particular, modern retail is growing extremely fast, though...
Vietnam Education

Vietnam Education

Education always plays a central role in Vietnamese culture and society. Vietnamese people believe that virtues are attained through learning. More parents sacrifice to ensure that their children obtain the good education. With the Vietnam’s increasing well-being,...
Vietnam Healthcare

Vietnam Healthcare

The health care system in Vietnam has long been cited as an example of primary health care that worked well. Vietnam brought down the rates of infant and under-five mortality as well as child mortality rates. Maternal mortality has also fallen dramatically, as have...