We would like to thank 3 co-organizers (Savills Vietnam, Auscham Vietnam and Cancham Vietnam) and 4 business chambers that co-hosted (BBGV, CEEC Vietnam, SBG, and Incham) to make the event successful. We would also like to thank the panelists for sharing useful information and attendees for participating and asking various Q&A to make the webinar to be a great success.
During the webinar, attendees listened to panelists share some aspects regarding signs of recovery after the pandemic. In particular, Mr. Ralf Matthaes, Managing Director of Infocus Mekong Research shared that in, before Covid-19, the biggest concern was environmental pollution; but in March 2020 the biggest fear from businesses is now disease outbreak, in accordance with a recent report, and the negative impacts of Covid-19 on their business.
Mr. Nguyen Hai Minh, Tax and Legal Partner at Mazars Vietnam mentioned supporting policies for businesses from the government to push the domestic market during and post Covid-19. In addition, he mentioned about benefits of the recent trade deal between the EU and Vietnam. The biggest benefit is Vietnam can access the capital and technology of European businesses. In the long term, small and medium enterprises can connect to the supply chain which is led by European businesses.
Lastly, Mr. Neil MacGregor, Managing Director of Savills Vietnam showed some key economic indices impacted by Covid 19 including trend on retail, office market, hotel demand impact. He also remarks benefits from high tech accelerate relocation wave from China to Vietnam after Covid-19.
Again, thank you all for your interest. We’re always planning more exciting events for you. Stay turn for our upcoming event!
As the COVID-19 crisis deepens and slows global economies, what should business owners be doing to position themselves for the immediate challenges? Our Advisory team in Vietnam have developed some necessary solutions for business owners, either you are Vietnam or international firms active in Vietnam, to help navigate your way through this unprecedented situation and contribute to the...
Although the Covid-19 crisis is first and foremost a public health emergency, the economic impact of the virus is beginning to emerge and it is clear that all businesses will be affected, regardless of sector. For some businesses, the pandemic has already had a detrimental effect on cash flow which requires immediate attention; others are at a stage where it is essential to start serious...
On 14 December 2020, the Government promulgated Decree No. 145/2020/ND-CP detailing and guiding the implementation of a number of articles of the Labor Code regarding labor conditions and labor relation (“Decree 145”). Such Decree provides for labor management, labor contract, labor outsourcing, dialogue at workplace, salary, working hour & rest hour, labor discipline & material liability, female employees & gender equality, domestic worker and labor dispute.
For the upcoming 2021, we are delighted to offer this “Compliance Calendar 2021” in English and Vietnamese with the hope to help enterprises not missing any important deadlines. The issues include periodic requirements of tax and labour compliance as stipulated in the latest legal documents. Please kindly find the bilingual calendar in the Downloads section below and let us know if you have any questions about the deadlines or would like assistance in meeting them.
We would like to bring you tax and legal updates for December 2020 with the following highlights influencing the corporate operations and payroll activities:
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