Our collection of resources based on what we have learned on the ground

Resources

Q&A

How is overtime pay calculated in Vietnam?

How is overtime pay calculated in Vietnam?

Overtime is calculated based on the employee's current salary. For regular working days it is 150% of their salary, weekends 200% and paid leave days and holidays 300%.

Q&A

As a foreign worker in Vietnam, which kind of insurance do I need and how much i...

As a foreign worker in Vietnam, which kind of insurance do I need and how much i...

Foreign staff only need to pay for health insurance, whilst Vietnamese locals need to pay for social, unemployment and health insurance. The amount payable is based on the employee's salary as stated in the labour contract and is capped at 20 times t...

Q&A

Am I, as a foreign national, classified as a tax resident in Vietnam?

Am I, as a foreign national, classified as a tax resident in Vietnam?

 If you meet any of the following criteria, you are classified as a tax resident in Vietnam: You stay in Vietnam for over 183 days in one 12 month period You have permanent residence there You have a leased residence there (ie. hotel, hoste...

Q&A

How has China?s Free Trade Agreement with ASEAN changed global manufacturing tre...

How has China?s Free Trade Agreement with ASEAN changed global manufacturing tre...

Prior to 2007, much of the global chain moved to China to take advantage of its well-organized infrastructure, cheap labor, and ultra-low taxes. However, after the implementation of the Enterprise Income Tax Law of 2007, tax incentives in China were ...

partner-publication

2015 Eurocham Shanghai Position Paper

2015 Eurocham Shanghai Position Paper

The Shanghai Position Paper compiles the latest assessments and concerns of European businesses operating in Shanghai with the aim of offering constructive recommendations to Shanghai’s policy-makers. These recommendations are offered in the spi...

WEBINAR

Cash Repatriation Strategies: From China to Israel - Tax, Foreign Exchange and R...

Cash Repatriation Strategies: From China to Israel - Tax, Foreign Exchange and R...

Repatriating funds that were obtained in China can be a complicated matter. Many Israeli companies struggle to transfer profits earned in China out of the country in an efficient way. There are number of possible repatriation mechanisms an FIE can...

presentation

Cash Repatriation Strategies: From China to Israel - Tax, Foreign Exchange and R...

Cash Repatriation Strategies: From China to Israel - Tax, Foreign Exchange and R...

Repatriating funds that were obtained in China can be a complicated matter. Many Israeli companies struggle to transfer profits earned in China out of the country in an efficient way. There are number of possible repatriation mechanisms an FIE can ad...

partner-publication

EURObiz - January/ February 2015

EURObiz - January/ February 2015

Europe’s small and medium-sized enterprises (SMEs) represent 99 per cent of European businesses and employ over 65 million European citizens. They play a pivotal role in the creation of wealth and economic growth and are important drivers of inn...

partner-publication

DPRK Business Monthly: January 2015

DPRK Business Monthly: January 2015

The latest issue of DPRK Business Monthly is now available as a complimentary PDF download on the Asia Briefing Bookstore. This regular publication looks at current international, domestic, and peninsular affairs concerning North Korea while also off...

Q&A

What is the significance of ASEAN?s Free Trade Agreements with China and India?

What is the significance of ASEAN?s Free Trade Agreements with China and India?

The Free Trade Agreements (FTAs) between these countries have removed import/export tariffs on 90 percent of all manufactured goods to zero essentially. Therefore, preferential access to ASEAN manufacturing is not solely granted to countries within t...

Q&A

What is the difference between ?indirect? and ?direct? sourcing in Asia?

What is the difference between ?indirect? and ?direct? sourcing in Asia?

An indirect method of managing a sourcing operation means employing offices that cannot undertake any commercial or industrial activities, receive payment in local currency, or manage export/import activities. Indirect methods are relatively uniform ...

Q&A

How is production quality becoming a more important standard for importers of As...

How is production quality becoming a more important standard for importers of As...

In the past decade, importers’ procurement strategies have greatly changed. The objectives of these offices now focus on reducing the number of quality issues, reducing the cost of monitoring quality, and more generally reducing the total cost ...

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