[KOTRA Overseas Market News] New laws of Vietnam to be implemented in 2023 and tax issues

2022.12.30. An article on major legal and tax issues in Vietnam written by Soonsung Lee (Lee & Ko) and the other professionals(writers) was published on the website of KOTRA Overseas Market News. In the article, Soonsung Lee noted, “In 2023, business diversification is expected to include not only manufacturing and trade, but also distribution, service, and cultural industries, which are major investment fields for Korean companies entering Vietnam.” and “The cases of Korean companies and investors entering Vietnam, which temporarily put on hold during the COVID-19 pandemic, are also expected to increase in certain business fields.” The writers summarized major legal issues that could affect Korean companies investing in Vietnam categorized by the general laws and tax laws to be implemented in 2023.