Government to ask for parliament's approval on global minimum tax
The global minimum tax will affect multinationals such as Samsung, Intel, LG, Bosch, Sharp, Panasonic, Foxconn and Pegatron, among other investors in Vietnam.
The global minimum tax will affect multinationals such as Samsung, Intel, LG, Bosch, Sharp, Panasonic, Foxconn and Pegatron, among other investors in Vietnam.
Vietnam remains an appealing option for investors looking to diversify their supply chains.
Companies have seen their business situation on the uptrend recently, amid Vietnam's positive economic performance, and expect to continue to bet on staying for the long term.
Vietnam currently stands 12th globally and third in ASEAN in electronics exports.
The report added that out of 65 countries and territories investing in Vietnam in the first three months of 2022, Singapore took the lead with $2.29 billion, or 25.7% of the total.
The Vietnamese Government sees Samsung as a successful investment model in Vietnam.