WEBINAR “COMMERCIAL CONTRACTS IN VIETNAM –A LEGAL AND FISCAL REVIEW”

On August 27th, ICHAM successfully held our webinar organized in collaboration with the Italian Embassy in Hanoi, ICHAM Vietnam and with the support of EuroCham Vietnam.

We were honored of having H.E. Antonio Alessandro, Ambassador of Italy in Vietnam, and Mr. Michele D’Ercole, Chairman of ICHAM. They shared precious insights not only for Italian companies operating in Vietnam, but also for upcoming business opportunities within the recently implemented EVFTA.

Mr. Filippo Scaglia from DP Group’s Vietnam Office shared the legal framework for companies to consider when signing commercial contracts, especially marking some key points that became relevant since the covid outbreak. Continuing the webinar, Mr. Tommaso Colli, General Manager of PHC Advisory Tax & Accounting, presented the essential elements related to Vietnam’s tax system.

The Q&A was especially insightful thanks to the many interesting questions we received. In this section, participants and speakers got a chance to discuss which business sectors will benefit the most from EVFTA, the legal limitation period to initiate legal actions for commercial contracts, how VAT works in an import/export context, and how online e-commerce and business opportunities developed on digital platforms.