How Much Do You Really Understand Vietnam’s Value Added Tax

Vietnam Value Added Tax (VAT) is an indirect tax, the cost of which ultimately falls on the consumer. The majority of transactions involving the supply of goods, the provision of services and imports will be subject to this tax. Broadly, VAT is levied on the value added at each stage of the production and distribution […]

Foreign Investment Licenses (FIL) in Vietnam

Foreign direct investment (FDI) in Vietnam is regulated by the Department of Planning and Investment (DPI) at the local level and the Ministry of Planning and Investment (MPI) at the central level, through related implementing regulations, decrees, and circulars. Current FIL rules delegate more authority over investment licensing to provinces, municipalities, and investment zones than […]

Reuters interviews GBS on Vietnam Changing Landscapes

In 30 years, Vietnam has transformed itself from one of the poorest countries in the world, into a lower income market. The dynamic changes have been particularly apparent in Vietnam’s southern financial hub, HCMC. But as Calum Stuart finds out, maintaining its economic success, could be challenging. (Reuters) Click here to start

Vietnam Insider signed Exclusive Content Partnership With Media OutReach

Media OutReach, the Asia Pacific’s first full-service newswire has entered into an exclusive content partnership with Vietnam Insider News Channel, a subsidiary of GBS in Vietnam. A fast-growing media site, Vietnam Insider features business, financial, tech and news content that is operated by Global Business Service Company (GBS) for its English editions as well as […]

GBS sets its footprint in Myanmar

Good corporate governance and infrastructure development are key to Myanmar’s continued economic development, according to GBS’s Managing Partner, Mr. Duong Ngoc Dung. GBS, the legal and business professional service firms to enter Myanmar by partnership with a local firm, Lincoln Legal Services (Myanmar) Ltd. “Myanmar is poised for rapid economic growth. It is also making excellent […]