Chairman of Vietnam’s National Assembly Vuong Dinh Hue arrived in New Delhi on December 15, beginning a 4-day visit at the invitation of leaders of both houses of the parliament. The visit marked new beginnings for the countries’ relationship.
Vietnam is paving the way for 5G commercialisation as an enabler of digital transformation, with the aim to develop a digital government, economy, and society. Denis Brunetti, president of Ericsson for Vietnam, Myanmar, Cambodia, and Laos, explained to VIR’s Bich Thuy how 5G enables the transformation of industries and society at large.
Vietnam has long stated its plan to provide 5G coverage nationwide by 2030. It focuses on the ability to offer all citizens lightning-fast speed internet connection at low cost, and it remains the country’s first priority.
India-Vietnam relations have been growing by economic, commercial, and strategic engagements in the past few years thanks to significant contributions from organisations, the business community, and experts. Vaibhav Saxena, a renowned Indian expert, discussed with VIR’s Bich Thuy his special journey in Vietnam and the future economic opportunities between the countries.
Update of tax legislations that have been issued during the recent Covid-19 pandemic, including:
Government’s regulations to encourage businesses during Covid-19 situation;
CIT and VAT regulations and guidelines during the Covid-19 pandemic;
PIT related issues on expenses paid for employees during the Covid-19 pandemic;
Other support policies.
Businesses and investors are expected to access new positive changes when the amended Law on Investment and the amended Law on Enterprises take effect from January 1 next year. Vaibhav Saxena and Le Tuan Anh, lawyers at Vietnam International Law Firm, delve into how vital modifications in the new laws can leverage investment inflows in the future.
Vietnam’s lawyer arena is seeing new changes in the order of players, with legal consulting demands projected to increase further on the back of growing global integration from various free trade agreements – but international practitioners still continue to struggle to get to grips with the legal culture.
The Ministry of Planning and Investment has released the latest draft Law on Public-Private Partnerships in a move to make a fresh shift towards a specific and consolidated framework for bankable projects. Vaibhav Saxena and Nguyen Thi Phuong, lawyers at Vietnam International Law Firm, delve into how the new regulations in the draft law can make a positive impact on investors.