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Coffee Time with AHK Vietnam

Coffee Time with AHK Vietnam

AHK Vietnam

Wake your business Up!Vietnam is more than a major world exporter of coffee. Let explore the business potential in Vietnam with us and be up-to-date with the current business news, market development, investment opportunities and so much more. Welcome to our multilingual podcast! (for our German and English speaking audiences)#PartnerInVietnam#PartnerForGrowth

44 - #43: Impact of Global Minimum Tax on Foreign Investors in Vietnam
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  • 44 - #43: Impact of Global Minimum Tax on Foreign Investors in Vietnam

    Over 140 countries have joined hands to implement a groundbreaking global tax agreement, designed to ensure that multinational corporations contribute their fair share through a minimum tax rate. Spearheaded by the OECD, this agreement imposes a minimum effective tax rate of 15% on corporate profits, aiming to put an end to the practice of sheltering massive profits in tax havens. Additionally, it aims to eliminate the allure of countries serving as tax havens for corporate giants.

    While neighboring Southeast Asian economies like Singapore and Thailand have opted to postpone the implementation of the OECD global minimum tax initiative until 2025, Vietnam has set its sights on adopting the tax this year.

    In a significant move, the Vietnam National Assembly passed a Resolution on November 29, 2023, paving the way for the implementation of additional corporate income tax aligned with the Global Anti-Base Erosion Rules (global minimum tax), effective from January 1, 2024.

    In this episode, we're joined by distinguished guests:

    Thang Vu, Tax Advisor at Luther Law Vietnam

    Koen Soenens, General Sales and Marketing Director at DEEP C Industrial Zones

    Together with our host, Trang Dao, Head of Business Development Services at AHK Vietnam, we explore the potential ramifications of this resolution on foreign investors operating in Vietnam.

    *****

    AHK Vietnam is dedicated to supporting German and international businesses in navigating the complexities of the Vietnamese market. Our proficient team provides a comprehensive suite of services, including business partner search, investment location analysis, branding strategies, and more. Discover how we can assist you at https://vietnam.ahk.de/en/ 

    Tue, 07 May 2024
  • 43 - #42: Branding Strategies for German Food Products in Vietnam – Part 2: Tips & Outlook

    In the last episode, we listened to the stories and experiences of Zott and Schogetten in Vietnam. In part two of the show, we will dive deeper into the intricacies of marketing strategies employed by the two German brands, and we explore insights from a marketing expert, like RedFern Digital. 

    We also uncover the innovative solutions and strategies implemented by Zott and Schogetten to tackle the unique challenges of the Vietnamese market, shedding light on their approaches to capturing the hearts and taste buds of Vietnamese consumers. Finally, we will hear directly from all the guests themselves about their vision for the future in Vietnam, as well as insights on the evolving landscape of food branding in the country. 

    The podcast featured: 

    Mr. Ryan Molloy, CEO, RedFern Digital 

    Ms. Tran Thuy Duong, Marketing Manager, Zott Vietnam

    Mr. Dang Nhat Minh, Branch Director, Minh Anh Trading & Consultancy Ltd. (Schogetten’s Distributor in Vietnam) 

    Host:Ms. Trang Tran, Marketing and Communication Specialist, AHK Vietnam

    *****

    At AHK Vietnam and in the context of our Competence Centre for the German Agricultural and Food Industry in Vietnam, we're dedicated to empowering German businesses to navigate this market seamlessly. Our comprehensive services can be found at https://vietnam.ahk.de/en/services. We are happy to discuss your business interests further!

    Fri, 19 Apr 2024
  • 42 - #41: Branding Strategies for German Food Products in Vietnam – Part 1: Brand Stories

    In recent years, Vietnam's food market has boomed, attracting international brands seeking to satisfy the country's diverse culinary preferences. German food companies are among those seizing this opportunity, introducing a range of products from sausages to chocolates. Yet, success demands more than quality; effective branding is essential. Join us as we explore the landscape of German food brands in Vietnam, discussing their triumphs and hurdles. Plus, we'll share insights to help these exporters develop tailored branding strategies for Vietnamese consumers.

    Together with our guests, we unravel the secrets to success in branding German food products in Vietnam:

    Mr. Ryan Molloy, CEO, RedFern Digital 

    Ms. Tran Thuy Duong, Marketing Manager, Zott Vietnam

    Mr. Dang Nhat Minh, Branch Director, Minh Anh Trading & Consultancy Ltd. (Schogetten’s Distributor in Vietnam) 

    Host:Ms. Trang Tran, Marketing and Communication Specialist, AHK Vietnam


    In part one, we will explore Zott and Schogetten’s stories of renewing their brands in Vietnam. We will trace their evolution, from inception to prominence, highlighting challenges faced in the Vietnamese market and key milestones achieved.

    *****

    At AHK Vietnam and in the context of our Competence Centre for the German Agricultural and Food Industry in Vietnam, we're dedicated to empowering German businesses to navigate this market seamlessly. Our comprehensive services can be found at https://vietnam.ahk.de/en/services. We are happy to discuss your business interests further!

    Fri, 12 Apr 2024
  • 41 - #40: Long An – Emerging investment destination in Vietnam

    As the Gateway to the Mekong Delta, Long An’s economy was focused on agriculture for the longest time. In recent years, however, the province has emerged as an industrial hub. Long An, strategically located at the crossroads of Tien Giang, Dong Thap, Tay Ninh, and HCMC to the north, with Cambodia to the east, boasts a network of rivers and canals spanning 8,912 km. Anchored by the Vam Co Dong and Vam Co Tay rivers, alongside the pivotal Soai Rap, Long An serves as a vital gateway for manufacturers and logistics, facilitating seamless trade of raw materials and agricultural products to HCMC, the largest consumption market. With unparalleled accessibility, Long An connects effortlessly to HCMC through a well-developed road network and river infrastructure, complemented by its proximity to Tan Son Nhat Airport, a mere 38 km away, offering convenient national and international connectivity. Furthermore, the upcoming Long Thanh Airport in Dong Nai is easily accessible from this province, reinforcing Long An's position as a key hub in the region. 

     Let's join our guests in this podcast episode to explore the development of an industrial hub and human resources in Long An and to know more about why people call Long An an emerging investment destination in Vietnam. 

     With narrator Minh Trang and: 

    Guest speakers: 

    Ms. Jenny Nguyen – KCN Vietnam 

    Mr. Le Quoc Hung – Long An College 

    Moderators: 

    Mr. Marko Walde – AHK Vietnam 

    Ms. Trang Dao – AHK Vietnam 

     *** 

    We hope the conversations of our guests have brought you several insights and helpful information about Long An. AHK Vietnam is your reliable partner in rolling out a strategic investment in Vietnam as well as developing your business endeavors within the Vietnamese market. We establish connections, provide practical advice, and assist you not only in optimizing opportunities but also in coping with challenges.   

    Find KCN Vietnam at https://kcnvietnam.com/vi/ for more details! 

    Find us at vietnam.ahk.de/en/ for more details!

    Fri, 15 Mar 2024
  • 40 - #39: Vietnam’s First-Ever Personal Data Protection Decree: Opportunities and Challenges

    Digitalization is becoming increasingly important in businesses to enhance flexibility and efficiency across the entire value chain. The pace of digital adoption, transformation, and delivery in recent years has accelerated exponentially. More and more businesses are applying digital practices and technology in their operations. 

    On April 17, 2023, the Vietnamese government issued the first-ever Personal Data Protection Decree (PDPD). This document consolidates and harmonizes Vietnam's various data protection laws, with the potential to align them with the EU's General Data Protection Regulation (GDPR), German Federal Data Protection Act (BDSG-neu), etc. standards.

    Coming into force on July 1, 2023, the PDPD applies to both domestic and foreign individuals/entities that are directly or indirectly involved in personal data processing activities in Vietnam. Therefore, complying with legal regulations and data protection is not only minor risk management for businesses, but it also has significant implications for finance, legal issues, and taxes.

    In today's podcast episode, our host Marko Walde, Chief Representative of the AHK in Vietnam, Myanmar, Cambodia, and Laos is delighted to welcometwo experts todelve into this topic and discuss some helpful hints for businesses regarding the new decree:

    ·       Johannes Klausch, Partner, LUTHER Law Vietnam

    ·       Nguyen Minh Thoai, CEO, DIGI-TEXX Vietnam

    ***

    AHK Vietnam is your reliable partner in rolling out a strategic investment in Vietnam as well as developing your business endeavors within the Vietnamese market. We establish connections, provide practical advice, and assist you not only in optimizing opportunities but also in coping with challenges.  Find us at vietnam.ahk.de/en/ for more details!

    Tue, 27 Feb 2024
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