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GENERATIVE AI: A TREND THAT IS CHANGING THE WAY BUSINESSES OPERATE

GENERATIVE AI: A TREND THAT IS CHANGING THE WAY BUSINESSES OPERATE

Generative AI is revolutionizing the way businesses operate, from marketing to healthcare, and poses ethical and intellectual property challenges. The following article will analyze the potential and practical application of this technology.

31 January 2025

Artificial Intelligence in Business Management:    Optimizing Processes and Improving Efficiency

Artificial Intelligence in Business Management: Optimizing Processes and Improving Efficiency

In the era of digital technology, artificial intelligence (AI) has become an indispensable tool in business management. Applying AI not only optimizes processes but also enhances operational efficiency, creating sustainable competitive advantages for businesses.

31 January 2025

Optimizing Cash Flow for SMEs: A Sustainable Growth Strategy

Optimizing Cash Flow for SMEs: A Sustainable Growth Strategy

Effective cash flow management is critical for small and medium-sized enterprises (SMEs) in a fluctuating economic environment. Optimizing cash flow not only ensures operational continuity but also lays the groundwork for sustainable growth. Appropriate strategies will enable businesses to leverage resources and enhance long-term value.

31 January 2025

[LEGAL UPDATE] DECREE NO. 175/2024/NĐ-CP

[LEGAL UPDATE] DECREE NO. 175/2024/NĐ-CP

On December 30, 2024, the Government issued Decree No. 175/2024/NĐ-CP detailing the implementation of certain provisions and measures for the enforcement of the Law on Construction regarding the management of construction activities. This Decree replaces Decree No. 15/2021/NĐ-CP dated March 3, 2021, which detailed several contents on the management of investment projects in construction.

31 January 2025

NEW LAWS AND POLICIES EFFECTIVE FROM JANUARY 2025

NEW LAWS AND POLICIES EFFECTIVE FROM JANUARY 2025

From January 1, 2025, Vietnam will implement several new laws and policies aimed at fostering development and protecting citizens' rights. These changes include enhancing environmental protection, improving labor rights, and promoting digital transformation across economic and social sectors. The implementation of these new laws and policies demonstrates the government's commitment to building a fair, progressive, and sustainable society.

31 January 2025

[LEGAL UPDATE] The Presidential Order announces the promulgation of Law No. 56/2024/QH15.

[LEGAL UPDATE] The Presidential Order announces the promulgation of Law No. 56/2024/QH15.

Among the 9 Laws recently passed by the National Assembly, Law No. 56/2024/QH15 amends and supplements 9 Laws under the Ministry of Finance, including:

31 January 2025

Ho Chi Minh City Mobilizes Over $24 Billion to Achieve Double-Digit Growth in 2025

Ho Chi Minh City Mobilizes Over $24 Billion to Achieve Double-Digit Growth in 2025

Ho Chi Minh City is targeting double-digit economic growth (≥10%) in 2025 by mobilizing its largest-ever investment, totaling over $24 billion. This funding will be allocated to socio-economic and infrastructure development projects to achieve ambitious Gross Regional Domestic Product (GRDP) growth goals.

31 January 2025

[TAX UPDATE] Continuation of VAT Reduction from 10% to 8% for Certain Goods and Services until June 30, 2025

[TAX UPDATE] Continuation of VAT Reduction from 10% to 8% for Certain Goods and Services until June 30, 2025

On December 31, 2024, the Government issued Decree 180/2024/ND-CP, which outlines the policy of reducing value-added tax (VAT) in accordance with Resolution 174/2024/QH15. The key provisions are as follows:

31 January 2025

[TAX UPDATE] Regulations on Tax Registration Replacing Circular 105/2020/TT-BTC

[TAX UPDATE] Regulations on Tax Registration Replacing Circular 105/2020/TT-BTC

On December 23, 2024, the Minister of Finance issued Circular 86/2024/TT-BTC, which regulates tax registration and replaces Circular 105/2020/TT-BTC. The key changes are as follows:

31 January 2025

[LEGAL UPDATE] Responsibility for Submitting Reports on the Employment of Foreign Workers and Participation in Unemployment Insurance in January 2025

[LEGAL UPDATE] Responsibility for Submitting Reports on the Employment of Foreign Workers and Participation in Unemployment Insurance in January 2025

Pursuant to Official Letter No. 28950/SLĐTBXH-VL-ATLĐ dated November 18, 2024, and Official Letter No. 33338/SLĐTBXH-VLATLĐ dated December 30, 2024, the Department of Labor, War Invalids, and Social Affairs (DOLISA) requests that organizations and businesses operating in Ho Chi Minh City submit two reports during January 2025 as follows:

31 January 2025

Vietnam's Economics Highlights 2024

Vietnam's Economics Highlights 2024

2024 marks significant progress for Vietnam with outstanding achievements in foreign investment and high-tech development.

31 December 2024

[LEGAL UPDATE DECEMBER 2024] DECREE NO. 111/2024/ND-CP

[LEGAL UPDATE DECEMBER 2024] DECREE NO. 111/2024/ND-CP

On September 6, 2024, the Government promulgated Decree No. 111/2024/ND-CP regulating the National Information System and Database on Construction Activities (“Decree 111”). This is the first time Vietnam has issued a legal document comprehensively and specifically governing the development and management of the national information system and database on construction activities. This system will collect, store, manage, and share information on construction planning, construction investment projects, construction works, construction norms, construction costs, and other related activities. Decree 111 takes effect from November 1, 2024. 

31 December 2024

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