Vietnam: A Guide to HR in Asia's Next Growth Market - New Issue of Vietnam Briefing Magazine - Vietnam Briefing News
The newest issue of Vietnam Briefing Magazine, titled “Vietnam: A Guide to HR in Asia’s Next Growth Market,” is out now and available as a complimentary download in the Asia Briefing Bookstore through the month of November.
In this issue:
- Company Considerations
- HR Trends in Vietnam
- How to Hire & Pay Staff in Vietnam
- Social Security Obligations
- Employee Considerations
- Navigating Personal Income Tax
- Visas, Work Permits, and Temporary Residence Cards
- Expert Commentary: The Benefits of Outsourcing Payroll Processing
As more and more foreign companies look to Vietnam as Asia’s next growth market and key sourcing destination, finding the right employees has taken on an added importance. While the country’s labor pool is growing fast, there is intense competition to attract top candidates for positions in Vietnam.
Vietnam is undergoing strong economic growth and is experiencing the benefits of its demographic dividend. As such, Vietnam is increasingly seen as the place to be in Asia for foreign businesses and investors. In this fast changing environment, it is crucial to have a clear understanding of the legal obligations that companies have to their employees and what trends are affecting the HR and payroll landscape.
RELATED: Dezan Shira & Associates’ Payroll and Human Resources Services
In this issue of Vietnam Briefing Magazine, we attempt to clarify HR and payroll processes in Vietnam. We first take you through the current trends affecting the HR landscape and then we delve into the process of hiring and paying your employees. We next look at what specific obligations an employer has to their employees. Additionally, we guide you through the often complex system of visas, work permits, and temporary residence cards. Finally, we highlight the benefits of outsourcing your payroll to a “pan-Asia” vendor.
Asia Briefing Ltd. is a subsidiary of Dezan Shira & Associates. Dezan Shira is a specialist foreign direct investment practice, providing corporate establishment, business advisory, tax advisory and compliance, accounting, payroll, due diligence and financial review services to multinationals investing in China, Hong Kong, India, Vietnam, Singapore and the rest of ASEAN. For further information, please email [email protected] or visit www.dezshira.com.
Stay up to date with the latest business and investment trends in Asia by subscribing to our complimentary update service featuring news, commentary and regulatory insight.
Tax, Accounting, and Audit in Vietnam 2014-2015
The first edition of Tax, Accounting, and Audit in Vietnam, published in 2014, offers a comprehensive overview of the major taxes foreign investors are likely to encounter when establishing or operating a business in Vietnam, as well as other tax-relevant obligations. This concise, detailed, yet pragmatic guide is ideal for CFOs, compliance officers and heads of accounting who need to be able to navigate the complex tax and accounting landscape in Vietnam in order to effectively manage and strategically plan their Vietnam operations.
An Introduction to Doing Business in Vietnam 2014 (Second Edition)
An Introduction to Doing Business in Vietnam 2014 (Second Edition) provides readers with an overview of the fundamentals of investing and conducting business in Vietnam. Compiled by Dezan Shira & Associates, a specialist foreign direct investment practice, this guide explains the basics of company establishment, annual compliance, taxation, human resources, payroll, and social insurance in the country.
Developing Your Sourcing Strategy for Vietnam
In this issue of Vietnam Briefing Magazine, we outline the various sourcing models available for foreign investors – representative offices, service companies and trading companies – and discuss how to decide which structure best suits the sourcing needs of your business.
A Guide to Understanding Vietnam’s VAT
In this issue of Vietnam Briefing, we clarify the entire VAT process by taking you through an introduction as to what VAT is, who and what is liable, and how to pay it properly. We first take you through the basics of VAT in Vietnam before taking you deeper into the topic. Additionally, we provide updates on the new changes to the VAT process and explain how they will impact your business.