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Vietnam: Smarter logistics will benefit Vietnam: experts

Smarter logistics are key for Vietnam to advance in the global value chain amid the fourth industrial revolution and the COVID-19 pandemic, experts told the Vietnam Business Summit 2020 held in Hanoi recently. The summit was held by the Vietnam Chamber of Commerce and Industry (VCCI) with the theme of ‘Digitalised Vietnam: Toward Resilient, Responsive and […]

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Decree to prevent transfer pricing could inadvertently harm Vietnamese companies

Setting a cap on loan interest deductability is a tool to prevent foreign invested enterprises (FIEs) from conducting transfer pricing. However, the application of the regulation on Vietnamese enterprises as well has stirred controvesy. On November 5, 2020, the government issued Decree 132 on guiding tax administration for enterprises engaging in related party transactions. Replacing […]

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