Dedicated to international investors seeking to understand the Vietnamese business environment, business professionals already operating in Vietnam part of a regional structure and entrepreneurs looking to grow their business in a sustainable and efficient manner, Advance in Vietnam Podcast Series seeks to answer pertinent questions about doing business in Vietnam.
Hosted by Vlad Savin and Matthew Lourey, the series will feature current topics relating to business, compliance and corporate governance in Vietnam, emphasising challenges and opportunities faced by investors.
📻 Siste episoder av Advance in Vietnam
Her er de nyeste episodene tilgjengelige via RSS-feeden:
The Vietnam Opportunity | What Singaporean Investors Should Know (00:08:39)
Vietnam is one of Asia’s fastest-growing economies, and Singapore is now its largest ASEAN investor, with over USD 84 billion in committed capital.In this conversation, Acclime and UOB share perspectives on why Vietnam has become a key destination for Singaporean investors and the opportunities emerging across its fast-growing sectors.Here’s what we cover:0:00 Vietnam continues to attract Singaporean investors1:03 Key growth drivers fueling its rapid development2:14 High-potential sectors3:18 How Singaporean businesses are uncovering new opportunities and UOB's support5:51 The latest regulatory developments for foreign investors6:19 Next wave of business opportunities in Vietnam7:08 Expert market entry advice 8:24 How can we support investorsWith Vietnam’s competitive edge, Singaporean firms have an unprecedented chance to explore new business opportunities and venture into its dynamic consumer market.Let’s explore it together.
Vietnam Integration in the Global Supply Chain: Logistics Hub Development (00:26:54)
Vietnam is positioned as one of the very potential locations for manufacturing expansion and rising as a spotlight for logistics and supply chain shifting in APAC. In this podcast episode, Vlad Savin, our Partner sit down with our Managing Partner, Rizwan Khan in a conversation about how has Vietnam evolved into a rising logistics, what key drivers including geography, infrastructure, trade agreements, technology, and investment, are shaping its growth, what challenges remain, and what is the vision for the next five years?Timestamps:1:52 Vietnam’s Logistics transformation: Key drivers4:30 Vietnam’s Logistics advantage explained9:37 How FTAs transformed Vietnam’s Logistics & Trade13:16 How technology being adopted in Vietnam’s Logistics sector18:32 Main challenges Vietnam faces in becoming a true logistics hub23:30 Future outlook
Vietnam Outbound Investment | Cơ Hội, Rủi Ro & Chiến Lược Cho Nhà Đầu Tư Việt (00:11:48)
[English translation below]Bạn là nhà đầu tư Việt Nam muốn mở rộng sang thị trường quốc tế? Video này chia sẻ cơ hội, hình thức, quy trình và chiến lược đầu tư ra nước ngoài giúp bạn tối đa hóa lợi nhuận và giảm thiểu rủi ro.Nội dung chính:- Các lĩnh vực hấp dẫn cho nhà đầu tư Việt Nam.- Các hình thức đầu tư quốc tế phổ biến.- Những điểm đến hấp dẫn cho nhà đầu tư Việt Nam.- Quy trình đầu tư ra nước ngoài từ A-Z.- Lợi ích kinh tế và thách thức cần biết.- Các sai lầm phổ biến khi đầu tư ra nước ngoài.- Gói hỗ trợ chính phủ từ các quốc gia thu hút đầu tư.- Cách giảm thiểu rủi ro và tận dụng hỗ trợ từ Acclime.------ Are you a Vietnamese investor looking to expand into international markets? This video shares opportunities, types, processes, and strategies for outbound investment to help you maximize profits and minimize risks.What you’ll learn:Top countries for Vietnamese investors.Popular forms of international investment.Step-by-step outbound investment process.Economic benefits & key challenges.Common mistakes in overseas investment.Government incentive programs to attract foreign investment.How to reduce risks and leverage Acclime’s expertise.
Key role of the CFO: needs and benefits for investors in Vietnam (00:18:19)
In the latest episode of Advance in Vietnam podcast series, Acclime Vietnam’s Managing Partner, Rizwan Khan and Vlad Savin, Partner of Acclime Vietnam discuss why the #CFO function is essential for foreign investors, the challenges they face, and how strategic financial management can drive business success in Vietnam. Key points discussed:- Definition of the modern CFO's role and how it has evolved over the years- Some common financial pitfalls that foreign investors face in Vietnam, and how can a CFO help navigate them- Some key impacts of technology on the CFO’s role, and how should finance leaders in Vietnam adapt to these changes- Various frameworks and approaches to support the CFO function- Key benefits for companies to have a virtual CFO- For businesses planning to scale in Vietnam, what key financial strategies should their CFO focus on?
Deep dive into ESG in Vietnam: what businesses need to know (00:27:48)
In this insightful episode, Vlad Savin, Partner at Acclime Vietnam, sits down with Bao Nguyen, Managing Partner at Green Transition, to explore the evolving landscape of #ESG in Vietnam. Whether you're a business leader, investor, or policy enthusiast, this conversation uncovers what really matters in Vietnam’s ESG transformation.Topics covered:- The current ESG outlook in Vietnam: key trends and regulatory updates- Data challenges and obstacles in ESG implementation- Which sectors are leading ESG adoption in Vietnam. Best practices that can be scaled across industries- Balancing short-term business goals with long-term sustainability visions- Common investor pitfalls and key steps for business to improve their ESG strategy- Predictions for the future of ESG in Vietnam
Vietnam Personal Data Protection Decree explained: compliance practices and strategies (00:24:45)
In the recent episode of the Advance in Vietnam podcast series, Rizwan Khan, Managing Partner of Acclime Vietnam shares his insights with Partner, Vlad Savin for compliance practices, data privacy requirements, penalties, and data privacy’s roadmap for staying on top of Vietnam’s evolving #data privacy regulations.Here are the key takeaways:➡ An overview of the current data privacy regulations in Vietnam and who is involved in enforcing these policies➡ The key compliance requirements for businesses under Vietnam's data privacy regulations➡ Types of breaches incur penalties, and what should businesses be aware of to avoid non-compliance under this regulation➡ The key legal requirements and considerations for transferring personal data outside of Vietnam➡ A step-by-step roadmap to achieve data privacy
The Edtech potential in Vietnam: market entry opportunities and solutions. (00:24:01)
Vietnam's journey towards digital transformation in education is still unfolding, with significant strides made in recent years. Vietnam’s #Edtech landscape has transformed, fueled by technological advancements, increasing internet penetration, and a young, tech-savvy population. Vietnamese citizens are increasingly recognizing the benefits of EdTech platforms, whether for learning new languages, gaining exposure to STEM subjects, or upskilling to improve job prospects. In this episode, Vlad Savin, Partner at Acclime Vietnam, engages in a deep dive conversation with Rizwan Khan, Managing Partner of Acclime Vietnam about Potential of Edtech sector in Vietnam: its key driver for growth, and the market entry investment practicalities for foreign investors seeking to create value in this exciting market vertical.Highlights from the discussion:1. Key drivers for the edtech sector in Vietnam, 2024 expectation2. Some of the core edtech segments in Vietnam3. The funding landscape for EdTech in Vietnam in the recent years4. The current challenges within the legal framework governing edtech5. Recommendations about sub-licenses, registered business lines for edtech investors6. Opportunities in the EdTech space in Vietnam
Transforming Vietnam's Manufacturing Sector from Low Cost to High Productivity (00:22:33)
In this episode of the #AdvanceinVietnam podcast series, Rizwan Khan, our Managing Partner sits down with Vlad Savin, our Partner for a conversation focused on Transforming Vietnam’s #manufacturing sector: Shifting from low cost to high productivity.
This discussion covers key topics such as:
- Practical insights on the potential of the manufacturing sector in Vietnam
- How digital transformation benefits the overall value chain of the export economy
- The trade benefits that have positioned Vietnam as a key supply chain diversification location globally.
Accounting in Vietnam: principles and best practices for foreign investors (00:18:08)
In this episode, Vlad Savin, Partner at Acclime Vietnam sat down with Matthew Lourey, Founder and Acclime Ambassador to discuss the intricacies of accounting practices tailored to the Vietnamese market, offering invaluable insights for investors navigating the financial landscape. Whether you're a seasoned investor or exploring new opportunities, this podcast is your comprehensive guide to understanding the essentials of Accounting in Vietnam.
Preparing your Business for the Annual Tax and Audit cycle in Vietnam (00:24:14)
In this episode, I’m discussing with Matthew Lourey, Managing Partner at Acclime Vietnam a crucial topic for businesses operating in Vietnam - preparing for the annual tax finalisation and year end audit.
Navigating the Repatriation of Funds for Foreign Investors in Vietnam (00:19:32)
In this episode, I’m discussing with Matthew Lourey, Managing Partner at Acclime Vietnam about regulatory provisions and international best practices for repatriation funds relevant for foreign investors who undertake business in Vietnam.
Fintech in Vietnam: Licensing and Market Entry provisions for foreign investors (00:21:27)
In this episode, we are discussing about the requirements, processes and procedures for foreign investors seeking to start a Fintech
business in Vietnam, delving into the approval levels with various ministries, business lines, types of licenses and restrictions for certain activities.
Setting up and Structuring a Manufacturing Business in Vietnam (00:29:33)
In this episode, I’m discussing with Matthew Lourey, Managing Partner at Acclime Vietnam about the regulatory and market entry requisites governing the manufacturing sector, and seek to explain the practicalities of establishing and operating a production facility in Vietnam.
7 Strategies Employed by Successful Investors in Vietnam (00:24:40)
In this episode, I’m discussing with Matthew Lourey, Managing Partner at Acclime Vietnam about how successful investors develop their practices and mindset while undertaking business operations in Vietnam.
The Vital Role of the Chief Representative in Vietnam: Risks and Solutions for Investors (00:16:00)
The Chief Representative role is a risk, and one that can expose foreign investors when using the Representative Office structure. In this podcast we will explore the importance of the Chief Representative role in a Representative Office in Vietnam, highlighting some of the structural and statutory risks investors should be aware of when appointing this vital position.
The key areas of discussion are:
Responsibilities and liabilities of the Chief Representative
Non-Compliance risks for the Chief Representative
Rep Office dissolution and practical notes
Tax risks and liabilities
Reporting and compliance requirements for foreign investors in Vietnam – the complete calendar (00:25:07)
In this episode, I’m discussing with Matthew Lourey, Managing Partner at Acclime Vietnam about the reporting and compliance framework for international investors operating in Vietnam, breaking down and explaining all the key compliance obligations within a calendar year.
IFRS in Vietnam – the road ahead and key actions for investors in 2023 (00:22:53)
In this episode, I’m discussing with Matthew Lourey, Managing Partner at Acclime Vietnam about the IFRS implementation roadmap in Vietnam, key differences between the 2 systems and practical steps for investors to action now, in order to be prepared for the 2025 compulsory switch to IFRS for the majority of businesses operating in Vietnam.
Some of the key topics covered are:
implementation roadmap up to 2025 and beyond
key difference between IFRS and VAS
which businesses are required to switch to VFRS
challenges and gaps within the transition process
tax implications with the new accounting standard
action steps to prepare and maintain compliance
Transfer Pricing in Vietnam – Increased regulatory and administrative focus (00:20:29)
In this Advance in Vietnam Podcast episode, we discuss about the latest transfer pricing requirements in Vietnam, current regulatory changes and how investors maintain compliance and ensure they are protected upon an inspection from the authorities.
Some of the key areas of discussion are:
Significant shift from the Vietnamese authorities in the past 12 months towards actively reviewing, enforcing, and challenging transfer pricing documentation
Current thresholds for being classified ‘related party of an enterprise’
Key TP documents and deadlines for submission
Exemptions and case studies
Acceptable arm’s length range for pricing
Advanced Pricing Agreements
A complete guide to employing foreign experts in Vietnam (00:34:47)
In this episode, we are discussing about the practical requirements, best practices and legal framework relating to employing foreign experts in Vietnam. We cover entry visas, work permit process and exemptions, labour contract types and probation models, timelines and practical notes on the foreign expert labour market in Vietnam.
Key representatives in a Vietnamese enterprise: a guide for foreign investors (00:25:28)
In this episode, we discuss about the most important statutory positions in a Vietnamese enterprise, key roles and responsibilities, and cover practical insights on assigning these roles to protect and minimise the risk of the investors and the integrity of investment structure.
Pros and Cons for utilising an Employer of Record in Vietnam (00:24:24)
In this episode, I’m discussing with Matthew Lourey, Managing Partner at Acclime Vietnam about how international investors can utilise the employer of record model, and what are the benefits, risks and challenges from an international perspective associated with this labour outsourcing model.
Representative Office vs Foreign Owned Company: choosing the right market entry structure in Vietnam (00:26:06)
In this episode, I’m discussing with Matthew Lourey, Managing Partner at Acclime Vietnam about the key differences between foreign invested companies in Vietnam and Representative Offices, highlighting benefits and risks each structure type and common practice insights for choosing your market entry model into Vietnam.
How should investors prepare for tax inspections in Vietnam: practical insights and solutions (00:30:44)
In this episode, I’m discussing with Matthew Lourey, Managing Partner at Acclime Vietnam about how foreign investors can deal with inspections from the Vietnamese tax authorities, what are the best practices when preparing for a tax inspection, case studies and other important prerequisites to minimise non-compliance and statutory risks.
Foreign invested vs. locally owned business in Vietnam: key differences and benefits (00:22:18)
In this episode, we discuss about the key differences between foreign invested companies in Vietnam and locally owned entities, highlighting the benefits and risks of each type of structure and practical insights for choosing your market entry model into Vietnam.
Some of the topics of discussion are:
Common process for setting up a generic foreign owned enterprise
Benefits for having a foreign owned entity in Vietnam
Key differences for locally owned entities in Vietnam and registration process
How authorities treat the foreign and locally owned companies in Vietnam, from a compliance and reporting perspective
What are the potential risks for a foreign investor when considering setting up a locally owned company in Vietnam
Downsides and issues to consider for investors who choose to register a foreign owned enterprise in country
Viable option for investors to choose the locally owned entity route, and why would it make sense from a business perspective
Clarifying Work Permits in Vietnam in 2022 – current practice, updates and exceptions (00:24:51)
In this episode, we discuss work permits in Vietnam, looking at the most recent updates from the Vietnamese authorities, current practice in the application process, special provisions to be aware of, exemptions and case studies.
Some of the key topics of discussion:
Latest updates as of 2022 regarding the work permit application process
Differences of 3 types of Work Permit applications: Expert application, Management application and Technical expert application
Work permit exemptions and special provisions
Validity of labour contracts with foreign individuals without a WP or WPE in Vietnam
Non-compliance with Work Permit regulations – legal consequences for employers and employees
Case studies and exemption provisions for foreign individuals married with Vietnamese citizen
