As the COVID-19 crisis deepens and slows global economies, what should business owners be doing...
Webinar Recap - Signs of post Covid-19 recovery: Mobility - Consumerism - Travel - Real-estate
On June 12th, 2020, Mazars Vietnam, Savills Vietnam, Auscham Vietnam and Cancham Vietnam hosted a virtual panel discussion on the topic "Signs of post Covid-19 recovery: Mobility - Consumerism - Travel - Real-estate" attracting nearly 400 registrations.
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!
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Mazars in Vietnam Newsletter - September 2020
We would like to bring you tax and legal updates for September 2020 with the following highlights influencing the corporate operations and payroll activities:
Customs Alert - September 2020
On September 18th 2020, Prime Minister Nguyen Xuan Phuc approved the promulgation of Decree no. 111/2020/ND-CP (Decree) relating to Vietnam’s import & export tariffs schedule in accordance to the European Union Vietnam Free Trade Agreement (EVFTA), for the period of 2020 – 2022.
September 2020 - Covid-19 Regulations Updates
On 31 August 2020, Prof. Dr. Nguyen Thanh Long - Acting Minister of Health signed to issue the Official Letter No. 4674 / BYT-MT guiding the medical actions towards COVID-19 epidemic prevention and control for foreigners entering Vietnam to work in short period of less than 14 days.