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GRUNKORN & PARTNER LAW - UPDATE ON VALUE ADDED TAX
Tax
• Value Added Tax, 29 pages, September 2015
• Personal Income Tax, 33 pages, August 2015
• Corporate Income Tax, 46 pages, July 2015
• Foreign Contractor Withholding Tax, 24 pages, March 2015
Business
• Work Permits, Visa and Temporary Resident Cards for Foreigners working in Vietnam, 24 pages, June 2015
• Real Estate Business in Vietnam, 14 pages, June 2015
• Business and Investment in Vietnam, 27 pages, May 2015
• Logistics in Vietnam, 12 pages, October 2014
• Wind Energy, 13 pages, March 2015
• Administration of Labour Information, 8 pages, April 2015
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3rd Floor Viconship Building
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Tel.: +84 (0) 8 6 261 8231; Fax.: +84 (0) 8 6 261 8218
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VIETNAM’S SEAFOOD EXPORTS HIT OVER US$10 BILLION IN JAN-NOV
Seafood export revenue in November alone amounted to nearly US$990 million, up 6.6% year-on-year. Key product groups posted solid gains. Shrimp exports rose 11.7% to over US$385 million, supported by strong demand for whiteleg shrimp and lobster. Tra fish shipments increased 9.7% to almost US$197 million, while marine fish, squid, and mollusk exports maintained their recovery.
VIETNAM’S AGRO-FORESTRY-FISHERY EXPORTS HIT NEW RECORD IN JAN-NOV
Vietnam’s agro-forestry-fishery export revenue reached an estimated US$64.01 billion in the first 11 months of 2025, up 12.6% year-on-year and surpassing the full-year record of US$62.4 billion set in 2024. Agricultural exports reached US$34.24 billion, up 15% year-on-year, while livestock products brought in US$567.4 million, a 16.8% increase. Seafood exports rose 13.2% to US$10.38 billion, and forestry products earned US$16.61 billion, up 5.9%.
HANOI REPORTS RECORD-HIGH BUDGET REVENUE IN 2025
Hanoi’s budget revenue is estimated to reach VND641.7 trillion in 2025, the highest level ever recorded and nearly 25% above the revised target, according to a report by the municipal government. Data from the city’s socioeconomic performance review shows that total state budget collections in 2025 are projected to reach 124.9% of the adjusted plan and rise 24.9% from 2024, the Vietnam News Agency reported.
VIETNAM, CHINA TO PILOT TWO-WAY CARGO TRANSPORT AT LANG SON BORDER
Vietnam and China will launch a one-year pilot program on December 10 to allow two-way cargo transport through the Huu Nghi–Youyi Guan international border gates in Lang Son Province, reported the Vietnam News Agency. The Dong Dang-Lang Son Economic Zone Management Board said the trial aims to reduce transport costs and improve customs clearance capacity.
VIETNAM’S IMPORT-EXPORT VALUE NEARS US$840 BILLION IN JAN-NOV
The total value of Vietnam’s imports and exports was nearly US$840 billion between January and November this year, the highest level ever recorded, according to the National Statistics Office. In its latest report on the country’s socio-economic performance, the National Statistics Office highlighted a series of positive economic indicators, with trade emerging as one of the strongest drivers of growth.
OVER 19 MILLION INTERNATIONAL VISITORS COME TO VIETNAM IN JAN-NOV
Vietnam received more than 19.1 million international visitors in the first 11 months of 2025, a 20.9% increase year-on-year and the highest level ever recorded, according to the National Statistics Office. The figure surpasses the full-year record of 18 million arrivals set in 2019, before the Covid-19 pandemic. Nearly two million foreign visitors arrived in November alone, up 14.2% from October and 15.6% from the same period last year.
























