VCTI - Vietnam China Trade & Investment Consortium, Liền kề 8C10, 44/3 P. Nguyễn Cơ Thạch, Cầu Diễn, Nam Từ Liêm (2026)

23/02/2026

Brief Note on the 2026 Inspection Plan of Vietnam Public Security Authorities

A. Background

In 2026, the Ministry of Public Security of Vietnam issued Plan No. 12/KH-BCA, setting out nationwide inspections of enterprises and business entities for the full year. The inspections fall within routine administrative functions and mainly cover public security, foreigner management, and safety compliance. They do not involve tax or customs matters.

B. Key Principles

+ Generally no more than one inspection per enterprise per year

+ Avoidance of duplicate or overlapping inspections

+ Preference for online or remote inspections

+ No re-inspection of matters already reviewed by other authorities

+ Prohibition of harassment or unreasonable burdens on businesses

These principles indicate a predictable enforcement environment in Vietnam, with limited impact on compliant companies.

B. Main Inspection Scope

+ Foreign employee entry, residence, and work status

+ Fire safety and operational safety conditions

+ Security-condition business sectors and special permits

+ Corporate seal management

+ Residence registration and temporary stay declarations

C. Primary Compliance Risks

1. Foreign employees: invalid visas, missing work permits, role mismatch, or lack of residence registration

2. Fire safety: missing approvals, inadequate equipment, or non-compliance with training and filing requirements

3. Licensing: operating beyond registered scope or lacking required permits

Serious violations may result in fines, suspension orders, or deportation of foreign personnel.

D. Compliance Recommendations

- Ensure valid visas and work permits

- Maintain full fire safety approvals and equipment

- Keep licenses and filings current and complete

- Obtain all required sector-specific permits

- Properly register foreign residents’ temporary stays

E. Conclusion

Plan 12/KH-BCA is a routine annual regulatory measure focused on safety and public order compliance. For well-prepared enterprises, risks are manageable and normal business operations should not be materially affected.

Original legal document:

https://bocongan.gov.vn/media/bca-media/library-20260209184041-8c73492f-7ea2-4a85-bc96-67e292b0b080-kehoach-12-kh-bca-ngay-08-01-2026.pdf

越中贸促联盟 Vietnam-China Trade & Investment Consortium (VCTI)

23/02/2026

🇻🇳 Vietnam’s New Personal Income Tax Law (effective from 2026)

Vietnam has approved the most significant Personal Income Tax (PIT) reform in nearly two decades, with new provisions taking effect from 2026. The reform aims to reduce the tax burden, reflect rising living costs, and attract skilled talent.
Here are the key highlights:

✅ Higher deductions

• Personal deduction increases from 11M VND (≈ USD 423) → 15.5M VND (≈ USD 596)/month
• Dependent deduction increases from 4.4M VND (≈ USD 169) → 6.2M VND (≈ USD 238)/month

✅ Simplified tax brackets

The 2026 PIT reform reduced the system from 7 to 5 brackets and raised the income thresholds across all levels—including expanding the 10% band from 5–10M VND (≈ USD 192–385) to 10–30M VND (≈ USD 385–1,154) and moving the top 35% rate from income above 80M VND (≈ USD 3,077) to above 100M VND (≈ USD 3,846)—so taxpayers enter higher tax rates later, resulting in a noticeably lower overall tax burden, especially for middle-income earners.

✅ More tax-exempt income categories

Expanded from 14 to 21 types, including certain allowances, compensation payments, and sector-specific incentives.
For example:
- Meal allowance is not capped at 730,000 VND (28 USD) per month anymore;
- Relocation expenses, initial accommodation and visa/work permit costs are more clearly recognized as non-taxable when they are required for the employee’s work in Vietnam.

Below are practical examples showing the real impact (according to "no dependents, resident taxpayer and mandatory insurance not included")

📊 Example 1 — Vietnamese Employee earning 15M VND/month gross (≈ USD 577)

New system (2026)
Taxable income: 15M − 15.5M deduction = 0
PIT: 0 VND (USD 0)

Previous system
Taxable income:15M − 11M = 4M VND (≈ USD 154)
PIT: 4M × 5% = 0.2M VND (≈ USD 7.7)/month

📉 Saving
✅ Monthly: ≈ 200,000 VND (≈ USD 7.7)
✅ Annual: ≈ 2.4M VND (≈ USD 92)

👉 Many average-income workers will no longer pay income tax under the new law.

📊 Example 2 — Foreign Manager earning 80M VND/month gross (≈ USD 3,077)

New system (2026)

Taxable income: 80M − 15.5M = 64.5M VND (≈ USD 2,481)
PIT: ≈ 9.85M VND/month (≈ USD 379)

Previous system

Taxable income: 80M − 11M = 69M VND (≈ USD 2,654)
PIT: ≈ 14.85M VND/month (≈ USD 571)

📉 Saving
✅ Monthly: ≈ 5M VND (≈ USD 192)
✅ Annual: ≈ 60M VND (≈ USD 2,307)

👉 Around 33–35% lower tax at this income level.

🎯 What this means?

The reform enhances Vietnam’s attractiveness by reducing taxes for foreign professionals and middle-income workers, easing multinational staff relocation, and supporting high-value industries—aligning the country with more competitive international tax standards.

Original legal text:
https://datafiles.chinhphu.vn/cpp/files/vbpq/2026/01/luat109-2025.pdf

越中贸促联盟 Vietnam-China Trade & Investment Consortium (VCTI)

22/02/2026

Vietnam - International Financial Centre (IFC) in Ho Chi Minh City and Da Nang

Vietnam has taken a major step toward becoming a regional financial hub with the launch of its International Financial Centre (IFC), following approval by the National Assembly of Vietnam on 27 November 2025 and official inauguration of the IFC – HCMC | Da Nang.

Ho Chi Minh City will serve as the main financial hub:

• Official inauguration: 11 February 2026 at People’s Committee headquarters (8 Nguyen Hue Street, Saigon Ward)
• Total planned area: 793 hectares
• Development areas: Saigon Ward, Ben Thanh Ward, and the Thu Thiem New Urban Area (An Khanh Ward)
• Functions: banking, capital markets, financial authorities, and international financial services

Da Nang will play a complementary innovation-focused role:

• Official inauguration: 9 January 2026, at Da Nang Software Park No. 2 (2 Quang Trung Street, Thuan Phuoc Ward)
• Total planned area: 300 hectares
• Development areas: Thuan Phuoc Ward and surrounding coastal-riverfront areas along Da Nang Bay.
• Focus: digital finance, fintech, digital assets, regulatory sandbox, green and supply-chain finance

🎯 What is Vietnam’s IFC

The initiative aims to build a modern financial ecosystem, for example:
• Regulatory sandbox & incentives → fintech companies testing digital payments or tokenized assets under simplified rules and tax incentives
• Traditional + digital finance integration → banks offering blockchain-based trade finance or cross-border payment platforms
• Attracting global institutions → international banks, investment funds, and insurers establishing regional headquarters
• Link to the real economy → financing infrastructure, manufacturing supply chains, and green energy projects through capital markets

🗺️ Government Timeline (IFC Vietnam)

Unified project across Ho Chi Minh City and Da Nang:
• 27 Nov 2025 → National Assembly approval (Res. 222/2025)
• 2026–2030 → infrastructure development & hub formation
• By 2030 → major HCMC facilities + key Da Nang zones operational
• Post-2030 → regional expansion in Asia

💰 Estimated Investment

• HCMC: > USD 7 billion
• Da Nang: several billion USD (phased, multiple projects)

🚀 Strategic significance

The IFC represents one of Vietnam’s most ambitious economic reforms in recent decades and could position the country as an emerging financial hub in Southeast Asia, alongside established centres such as Singapore and Hong Kong, as well as newer or expanding financial hubs including Shanghai, Dubai, and Astana, which have developed international financial zones with special regulatory frameworks to attract global capital and institutions.

越中贸促联盟 Vietnam-China Trade & Investment Consortium (VCTI)

Disclaimer: The IFC map shown is for illustrative purposes only. It was independently created by the author and is not an official government map or representation.

21/02/2026

🇻🇳 Vietnam Food Industry Update — Decree 15 vs. Decree 46 (What Importers Must Know)

Under Vietnam regulations, most packaged foods and beverages (including pasta, snacks, dairy, sauces, etc.) require a "product declaration" before being imported and sold.

Until now, this has been done through Self-Declaration (Tự công bố sản phẩm) — a relatively simple procedure allowing companies to start selling immediately after publishing the dossier.

Important regulatory change ahead ⚠️
Vietnam is transitioning from Decree 15/2018 to the new Decree 46/2026, which introduces a stricter pre-market review system.

👉 Current situation (February 2026)
The government has temporarily suspended Decree 46 until 15 April 2026, meaning Decree 15 rules remain valid for now.

👉 What will change after 16 April 2026
• Self-Declaration will be replaced by Standard Declaration (Công bố tiêu chuẩn)
• Authorities will review dossiers before products can be sold (≈15 working days)
• More detailed technical documentation will be required
• Publication must be done on the National Food Safety Portal (https://nghidinh15.vfa.gov.vn/)
• Import inspections may become more frequent depending on risk classification

👉 Transition protection
Products declared under Decree 15 before April 15, 2026 benefit from a 12-month grace period (until January 2027) to convert to the new system.

✅ Practical advice for exporters & importers
Entering the Vietnam market requires several months for registration and compliance. This temporary suspension may reduce delays, but companies should start early to secure approvals before stricter procedures apply.

Original Legal Text (Decree 46):
https://datafiles.chinhphu.vn/cpp/files/vbpq/2026/01/46-ndcp.signed.pdf

越中贸促联盟 Vietnam-China Trade & Investment Consortium (VCTI)

20/02/2026

🇻🇳 Vietnam strengthens Intellectual Property protection — New Law effective 1 April 2026

Vietnam has approved major amendments to its IP Law (Law No. 131/2025/QH15), bringing the framework closer to international standards and significantly improving enforcement.

Here are the key changes with practical business implications:

✅ Faster trademark, patent, and design registration

Substantive examination and opposition timelines are shortened under the amended IP Law and its implementing regulations and administrative guidance, with examination targets of approximately 5 months for trademarks and 12 months for patents, and opposition periods generally reduced to 3 months from publication.

👉 Example: A European brand entering Vietnam can secure protection nearly a year faster than before, reducing market entry risk.

✅ Protection extended to partial and digital designs (including GUI, software interfaces)

The law now explicitly recognizes partial designs and non-physical products as protectable industrial designs. (Articles 4.13, 67, 124.2(d))

👉 Example: A smartphone company can protect only the camera module design or UI animation instead of the whole device.

✅ Stronger enforcement against counterfeit goods — including storage

Administrative sanctions now apply not only to production and sale, but also to the warehousing and storage of counterfeit goods (Article 211).

👉 Example: Authorities can raid a logistics warehouse storing fake luxury bags even before they reach the market.

✅ New obligations for online platforms and intermediaries

Digital platforms must implement measures to prevent and address IP infringement on their systems and cooperate with right holders and authorities. (Article 198b)

👉 Example: E-commerce platforms may be required to remove infringing listings quickly after notification.

✅ Higher statutory damages and stronger court powers

Courts can award up to VND 1 billion (~USD 38,000) when damages are difficult to quantify, and may order destruction of counterfeit goods and production tools. (Articles 202 and 205)

👉 Example: A fashion brand suing counterfeit sellers now has stronger leverage even without precise proof of losses.

✅ New preliminary injunction tools for online infringement

Courts may order temporary removal or blocking of digital content, accounts, websites, or apps linked to infringement. (Article 207)

👉 Example: A software company can request immediate shutdown of a piracy website before the final judgment.

These reforms are especially relevant for foreign brands, OEM manufacturers, and tech companies, particularly those facing counterfeiting risks in Southeast Asia. Vietnam is positioning itself as a safer hub for innovation, branding, and high-value manufacturing.

Original legal text:https://datafiles.chinhphu.vn/cpp/files/vbpq/2026/01/luat131-2025.pdf

越中贸促联盟 Vietnam-China Trade & Investment Consortium (VCTI)

19/02/2026

🇻🇳 Energy Storage for Factories & Industrial Parks — Unlocking Real Competitive Advantages

As Vietnam’s industrial sector continues to expand, reliable and cost-efficient energy is becoming a decisive factor for competitiveness. Lithium battery energy storage systems (BESS) are no longer just an innovation — they are rapidly becoming a strategic infrastructure investment for manufacturers and industrial park developers.

At 越中贸促联盟 Vietnam-China Trade & Investment Consortium (VCTI), we are closely following this transformation and supporting cross-border collaboration to bring advanced energy solutions to industrial stakeholders in Vietnam.

Key advantages for factories and industrial zones include:

⚡ Operational Continuity & Power Quality
Energy storage provides instant backup power during grid disturbances, voltage fluctuations, or outages. This is critical for high-precision manufacturing, electronics, food processing, and automated production lines where even short interruptions can cause significant losses.

💰 Energy Cost Optimization & Peak Shaving
Factories can store electricity during off-peak hours and use it during peak tariff periods, typically reducing electricity bills by 10%–30%, and in some cases even more depending on tariff structures. Peak demand charges can be reduced by 15%–50%, delivering substantial financial impact.

🏭 Capacity Expansion Without Grid Upgrades
In locations where grid capacity is limited, storage systems can act as a “virtual capacity upgrade,” allowing factories to expand operations without waiting for costly or time-consuming grid reinforcement.

🌱 ESG Compliance & Supply Chain Requirements
Global buyers increasingly require suppliers to demonstrate carbon reduction and energy transparency. Storage combined with renewables helps manufacturers meet ESG targets and sustainability audits — strengthening export competitiveness.

📊 Energy Independence & Risk Management
Energy storage reduces exposure to electricity price volatility, supply instability, and future tariff increases, giving companies greater control over their long-term energy strategy.

🚀 Enhanced Attractiveness for Industrial Parks
For industrial park developers, integrating energy storage infrastructure creates a strong value proposition for foreign investors seeking resilient, green, and future-ready production bases.

📈 Realistic Industrial Impact
For a medium-size factory consuming around 1,000 MWh per month, battery energy storage can deliver estimated savings of USD 15,000–60,000 per month, with typical payback periods of 3–6 years, especially when integrated with solar systems..

We are also closely monitoring leading technology providers such as Great Power （鹏辉能源）, whose advanced battery and energy storage solutions are supporting industrial applications worldwide.

25/01/2026

This month, the 5th General Assembly for the Leadership Transition of the Hunan Chamber of Commerce in Vietnam was successfully held in Bac Ninh Province. Representatives from Hunan enterprises operating in Vietnam, along with relevant business associations, gathered to witness this important milestone in the Chamber’s development.

At this Assembly, I attended the event as a representative of Mr. Eric Wang, Chairman of Dream X Global (Phu Sinh Group), and was honored to be elected as a member of the 5th Board of Directors of the Hunan Chamber of Commerce in Vietnam. This appointment is not only a recognition of our long-term involvement in the Chamber’s activities, but also reflects the Chamber’s openness and emphasis on diversity and cross-regional cooperation.

I would like to take this opportunity to express my sincere appreciation to Chairman Chen of the Hunan Chamber of Commerce in Vietnam for his dedication and hard work in the preparation of the Assembly and in the overall development of the Chamber. I would also like to extend my heartfelt thanks to Chairman Sun Fenglei of the China General Chamber of Commerce for his continued care, support, and guidance for Chinese-invested enterprises and local chambers operating in Vietnam.

Hunan entrepreneurs are well known for their pragmatism, diligence, and pioneering spirit. Having been deeply rooted in the Vietnamese market for many years, they have not only promoted local economic and trade cooperation between China and Vietnam, but have also demonstrated the distinctive spirit and strong cohesion of the Hunan business community. Through long-term exchanges and cooperation with Hunan entrepreneurs, one can deeply feel this sincerity and sense of responsibility, fostering a genuine sense of affinity and the heartfelt sentiment that “although I am not a native of Hunan, I have already formed a strong bond with Hunan.”

As a business professional with an international background who has long paid close attention to China’s development and culture, I have always held deep respect for modern Chinese history and intellectual traditions. As an important region of historical and cultural significance, Hunan’s spiritual legacy and historical influence continue to provide profound inspiration for contemporary entrepreneurs in maintaining strategic focus and remaining grounded amid complex and changing environments.

Looking ahead, I sincerely hope that under the leadership of the Board of Directors of the Hunan Chamber of Commerce in Vietnam, the Chamber will continue to serve as a vital bridge, uniting Hunan enterprises in Vietnam, deepening exchanges and cooperation, and making even greater contributions to the promotion of Sino-Vietnamese economic and trade relations and enterprise development.

24/01/2026

Yesterday, I was pleased to attend the opening ceremony of Kimou Group’s Hanoi Office.

Kimou Group is one of the early pioneers in China specializing in the cluster-based development of electroplating industrial parks. The Group operates several well-established electroplating parks across China and has accumulated solid experience in environmental compliance, centralized wastewater treatment, and integrated industrial support services.

Against the backdrop of Kimou Group’s cooperation with NASA Chemical, the event attracted representatives from various industries and institutions from multiple countries and regions.

- In the industrial park and infrastructure sector, participating organizations included Nam Dinh Vu Industrial Park, Vietnam–Singapore Industrial Park (Bac Ninh), WHA Industrial Development (Vietnam), and ICONS Vietnam Investment & Construction Joint Stock Company.

- In the chemicals and materials sector, participating companies included Rainbow Paint, UnionChem Terminal, UnionChem Nam Dinh Vu, NASA Chemical, and Wanhua Technology (Vietnam) Co., Ltd.

- In the logistics and port-related sector, representatives from Hua Ping International and Superport Vietnam were present.

- In the real estate and industrial services sector, companies such as Blue Ocean Realty and Coremax Group attended the event.

- Representatives from the manufacturing and technology sector, including Compal Group, were also in attendance.

- At the level of business associations and aviation services, the Taiwanese Business Association in Hanoi and China Airlines participated in the event.

- In addition, representatives from Bank of China and CTBC Bank were present for exchanges.

The establishment of the Hanoi office reflects Kimou Group’s long-term confidence in the development of Vietnam’s manufacturing and surface treatment industries, and also highlights the continued deepening of regional industrial collaboration among Chinese, Taiwanese, and Vietnamese enterprises.

I look forward to more practical and in-depth exchanges in the future, both in Sino-Vietnamese cooperation and broader regional industrial collaboration.

30/12/2025

Yesterday, I was honored to be invited to attend the Ceremony for the Announcement and Conferment of Decisions on the Appointment of Professors, Associate Professors, and managerial positions for 2025 at the National Economics University in Hanoi.

On this occasion, I would like to extend my sincere congratulations to all the newly appointed Professors and Associate Professors, and to express my deep appreciation for the invaluable contributions of the academic community to the advancement of higher education and scientific research in Vietnam.

I would like to express my special thanks and congratulations to Professor Vu Hung Phuong of the National Economics University, Hanoi, for the warm invitation and gracious hospitality.

This was not only a personal honor, but also a meaningful opportunity to further strengthen connections between academia and the Vietnam–China business community, contributing to sustainable and long-term cooperation in the future.

18/12/2025

📍 VCTI Vietnam–China Trade & Investment Consortium | Construction Industry Networking Event Successfully Held (Ho Chi Minh City)

On December 13, 2025, the Construction Industry Networking Event, organized by the 越中贸促联盟 Vietnam-China Trade & Investment Consortium (VCTI) , was successfully held in Ho Chi Minh City, Vietnam.
More than 50 distinguished guests gathered for in-depth exchanges on construction, infrastructure, and industrial cooperation, including representatives from Vietnamese government-related institutions, industry associations, central state-owned enterprises and large construction groups, industrial parks, financial institutions, supply chain companies, and upstream and downstream players in the China–Vietnam construction industry.

🏛 Support from Government and Friendship Organizations
The event was honored by the presence of leaders from the Ho Chi Minh City Union of Friendship Organizations and the Ho Chi Minh City Vietnam–China Friendship Association, who provided valuable guidance and strong support for strengthening bilateral cooperation between Vietnam and China.

🏗 Industry Associations and Leading Enterprises in Attendance
Representatives from the Saigon Construction & Building Materials Association (SACA), the Hong Kong Business Association Vietnam, VPC Networking, and other organizations joined leading enterprises from Vietnam and China in the fields of construction, engineering, industrial buildings, and steel structures. The on-site discussions were dynamic, practical, and highly productive.

🏭 Industrial Parks × Finance × Supply Chain
Institutions such as Sembcorp Industries Ltd Industrial Parks, Trung Nam Group, Bank of China, JD Supply Chain, Kingdee Software International, and Chu Kong Logistics shared insights and resources, offering comprehensive support for manufacturing investment, factory construction, and cross-border operations.

This event was not only a convergence of industry perspectives and resources, but also a starting point for concrete collaboration and new opportunities.
Looking ahead, VCTI will continue to host more high-quality business networking events in Ho Chi Minh City and Hanoi, further promoting cooperation and win-win development between Vietnamese and Chinese enterprises.

09/12/2025

Last week, I had the great honor of attending a prestigious event organized by the Chamber of Commerce and Industry.

During the event, we had the pleasure of hosting a delegation from Beijing, including leaders from the Beijing Sub-Council of the China Council for the Promotion of International Trade (CCPIT) – Director Zhu and Minister Feng – as well as Director Yun from the Beijing Huairou District Bureau of Commerce.

Many prominent enterprises also actively participated in the exchange, including Mr. Yang from Dongfang Yuhong, Mr. Feng from Beijing Yunhan Xingchi Laser Technology, Ms. Hong from Vietnam Commodities, an outstanding company specializing in the export of cashews and other agricultural products, Ms. Nguyen Thanh Hue from Toan Phat, a copper tube manufacturer, and Ms. Phan Ha from the Vietnam-China Business Alliance.

I would like to express my special thanks to Ms. Truong Thi Bi Ngoc, Vice President of Vietnam Chamber of Commerce and Industry, for her warm hospitality, which made the event a great success. I look forward to more such opportunities in the future to support Chinese enterprises in their overseas endeavors.

As Secretary-General of 越中贸促联盟 Vietnam-China Trade & Investment Consortium (VCTI), I will continue to work closely with the Vietnam Chamber of Commerce and Industry and other relevant associations to assist Chinese enterprises in “going global” and establishing operations abroad, providing comprehensive support for companies investing in or exporting to Vietnam.

VCTI - Vietnam China Trade & Investment Consortium

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