Luther Vietnam

❄❄ 𝐌𝐞𝐫𝐫𝐲 𝐂𝐡𝐫𝐢𝐬𝐭𝐦𝐚𝐬 𝐚𝐧𝐝 𝐇𝐚𝐩𝐩𝐲 𝐍𝐞𝐰 𝐘𝐞𝐚𝐫 🎆🎆 ⏰ As the year 2024 draws to a close, Luther Vietnam would like to express our heartfelt gratitude to our clients, business partners, colleagues, and friends for being an integral part of Luther Vietnam’s journey. Your trust and collaboration have been invaluable to our success.🤝 🎉 This festive season, we wish you and your loved ones a time filled with joy, peace, and cherished moments. May 2025 bring you new opportunities, continued growth, happiness and prosperity!🎊 🎄 Kính chúc một mùa Giáng Sinh an lành, và một Năm Mới ngập tràn niềm vui! 🎋

📰 𝐀𝐝𝐦𝐢𝐧𝐢𝐬𝐭𝐫𝐚𝐭𝐢𝐯𝐞 𝐫𝐞𝐟𝐨𝐫𝐦𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐩𝐢𝐩𝐞𝐥𝐢𝐧𝐞 💼 🔎 [𝐑𝐞𝐮𝐭𝐞𝐫𝐬] prominently quotes Luther Vietnam’s insights on the Vietnamese government’s most recent bold move. This newly published agenda sets out to merge and rearrange several administrative bodies across the country and seeks to consolidate political resorts at the central government level. Amongst the proposed changes that yet need to be ruled into law is a merger of the Ministry of Planning and Investment with the Ministry of Finance. This shift is likely to have a significant impact on foreign business operations in Vietnam and send ripple effects across most domestic industries.   ⚙️ With this, the government intends to streamline processes, reduce delays, and enhance Vietnam's overall appeal to foreign investment. However, the major changes it proposes bear uncertainties for investors trying to navigate the impending transition.   💬 As an expert for foreign direct investment activities in-country, Leif D. Schneider, Country Head of Luther Vietnam, believes that “Investors may experience delays or uncertainty as the new structures are established and the dust of this top-level governance merger settles, but the long-term outlook is more optimistic.”   ❓ As Vietnam reinvents it’s top-level governance structure, businesses require strategic guidance to adapt and thrive in this evolving landscape. Most experts agree that this gives Vietnam the opportunity to solidify its position as a key destination in the global market. The pivotal question in this transition will be: 𝐂𝐚𝐧 𝐭𝐡𝐞 𝐞𝐧𝐯𝐢𝐬𝐚𝐠𝐞𝐝 𝐫𝐞𝐟𝐨𝐫𝐦𝐬 𝐥𝐚𝐲 𝐭𝐡𝐞 𝐟𝐨𝐮𝐧𝐝𝐚𝐭𝐢𝐨𝐧 𝐟𝐨𝐫 𝐕𝐢𝐞𝐭𝐧𝐚𝐦’𝐬 𝐜𝐨𝐧𝐭𝐢𝐧𝐮𝐞𝐝 𝐥𝐨𝐧𝐠-𝐭𝐞𝐫𝐦 𝐠𝐫𝐨𝐰𝐭𝐡?   📖 Read the full article put together by Reuters' Vietnam Bureau Chief, Mr. Francesco Guarascio at: https://lnkd.in/g_3GvV8a   📌 At #LutherVietnam, we are dedicated to helping businesses navigate these changes with confidence. Please reach out to us for tailored #Legal and #Tax support to manage the challenges and seize the opportunities in Vietnam’s evolving market: ✉️ Email: [email protected] 📞 Phone: +84 (0)28 7300 1073 🌐 Website: https://lnkd.in/gtrC_8-y

⚖️ 𝐒𝐞𝐭𝐭𝐢𝐧𝐠 𝐀 𝐊𝐞𝐲 𝐄𝐧𝐚𝐛𝐥𝐞𝐫 𝐅𝐨𝐫 𝐂𝐫𝐨𝐬𝐬-𝐁𝐨𝐫𝐝𝐞𝐫 𝐓𝐫𝐚𝐝𝐞 🤝 👩🏼⚖️ Cross-border arbitration procedures are beginning to take center stage, as Vietnam continues to shift into the focus of international trade and investment streams. In this context, Luther Vietnam was particularly pleased to participate in a seminar that clustered around this complex matter with high relevance for the foreign investment community in Vietnam. Under the title "𝐏𝐫𝐨𝐯𝐢𝐬𝐢𝐨𝐧𝐬 𝐚𝐧𝐝 𝐏𝐫𝐚𝐜𝐭𝐢𝐜𝐚𝐥 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐀𝐫𝐛𝐢𝐭𝐫𝐚𝐭𝐢𝐨𝐧 𝐋𝐚𝐰 𝐢𝐧 𝐕𝐢𝐞𝐭𝐧𝐚𝐦 𝐚𝐧𝐝 𝐆𝐞𝐫𝐦𝐚𝐧𝐲", the Vietnam Bar Federation in collaboration with the German Federal Bar – Bundesrechtsanwaltskammer (BRAK) and DIHK provided a venue to discuss the latest developments in this space. 🎙 Luther Vietnam Country Head, Mr. Leif D. Schneider, provided input from his perspective as a weathered arbitration counsel. His remarks were framed by a panel of other esteemed legal experts from leading law firms like Mr. Jan K. Schaefer, Partner at King & Spalding in Frankfurt, alongside of Prof. Dr. Stephan Wernicke, Chief Legal Officer of DIHK, and Dr. Ulrich Wessels, President of BRAK. AHK Vietnam - Delegation of the German Industry and Commerce in Vietnam’s Chief Representative, Mr. Peter Kompalla, provided opening remarks and his industry perspective on the issue. 📌 𝐊𝐞𝐲 𝐭𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐬𝐞𝐦𝐢𝐧𝐚𝐫: ✅ Vietnam’s evolving arbitration framework, supported by institutions like the Vietnam International Arbitration Centre (VIAC), offers a reliable and internationally recognised mechanism for resolving commercial disputes. ✅ The newly launched Arbitration Court under DIHK, IHK, and AHK provides German businesses with a tailored, efficient, and business-oriented alternative to civil litigation, ensuring greater legal certainty in cross-border transactions. ✅ As Vietnam and Germany deepen economic ties, arbitration plays a critical role in enabling businesses to resolve disputes professionally and predictably - essential for fostering trust in bilateral trade relations. 🙏🏼 We extend our thanks to the Vietnam Bar Federation, BRAK, DIHK, and all participants for fostering such an insightful exchange of ideas. Our special thanks also go to Ms. Swetlana Schaworonkowa from the BRAK and Dr. Christian Groβ from DIHK for supporting and organising this important exchange. 🔑 #LutherVietnam remains dedicated to supporting clients in navigating arbitration and advancing cross-border legal solutions between Vietnam and beyond. For more updates on arbitration trends, legal insights and/or service enquiries, please reach out to us at: 📩 Email: [email protected] 💻 Website: https://lnkd.in/gtrC_8-y

⚖️ 𝐋𝐚𝐰𝐲𝐞𝐫𝐬: 𝐖𝐢𝐭𝐡𝐨𝐮𝐭 𝐁𝐨𝐫𝐝𝐞𝐫𝐬 🌍   🤝 Luther Vietnam had the pleasure of hosting a distinguished delegation of German legal and economic experts for a visit at our office in Deutsches Haus Ho Chi Minh City (official). Our guests used the welcome opportunity to observe the vibrant cityscape, while receiving a briefing on Vietnam’s economic situation and its regulatory landscape. This offered a unique platform for discussions amongst experts, and initiated a welcome exchange of experiences between Germany and Vietnam.   👥 This esteemed delegation was brought to us by kind referral of the AHK Vietnam - Delegation of the German Industry and Commerce in Vietnam, and included:   🔸 Prof. Dr. Stephan Wernicke – Chief Legal Officer, German Chambers of Commerce and Industry (DIHK). Representing 79 Chambers worldwide, DIHK plays a pivotal role in fostering international trade and arbitration, serving as a key voice for German businesses. 🔸 Dr. Ulrich Wessels – President of The German Federal Bar - Bundesrechtsanwaltskammer - (BRAK), representing over 160,000 German lawyers and advocating for professional standards and international legal cooperation. 🔸 Mr. Jan K. Schaefer – Lawyer at King & Spalding and member of BRAK. 🔸 Ms. Swetlana Schaworonkowa – Senior Legal Advisor of BRAK.   💬 Led by Luther Vietnam’s Country Head, Mr. Leif D. Schneider, the ensuing lively discussion covered Vietnam’s evolving legal ecosystem for foreign investment, the growing role of arbitration and mediation in dispute resolution, and opportunities for cross-border collaboration. Notable highlights included insights on the digital transformation of corporate governance, focusing on compliance, transparency, and some insights about how German businesses manage to navigate Vietnam’s regulatory frameworks with the help of Luther’s #legal, #tax, and #accounting experts.   💎 This friendly and meaningful visit underscored the importance of bridging global expertise with local insights. Dialogues between international legal professionals and local markets always help to create stronger relationships based on mutual understanding. This allows us to grow together and become more versatile in our approach to common challenges.   📈 #LutherVietnam is proud to facilitate conversations that inspire growth and innovation in the legal and business communities. If you’re looking for expert advice and tailored solutions, feel free to reach out: 📩 Email: [email protected] 💻 Website: https://lnkd.in/gtrC_8-y

🚀 𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐢𝐧𝐠: 𝐓𝐡𝐞 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐃𝐫𝐢𝐯𝐞𝐫 ⏩📱   🌏 In the era of Vietnam’s digital transformation and reshaping industries, the need for innovative technology solutions continues to grow. Against this backdrop, Luther Vietnam had the pleasure of welcoming SGH, a leading innovation-driven, ISO-certified provider of technology and business solutions, to our office. The delegation from Hildesheim was led by Mr. Gerrit Hoppen - CEO & Managing Director of SGH Service GmbH, along with Mr. Pavel Poskakukhin, General Manager of SGH Asia Ltd., and guided by Mr. Elmar Dutt, General Director and Senior Vice President of Deutsches Haus Ho Chi Minh City (official).   💡 With roots tracing back to Germany and still headquartered in the city of Hannover (Germany), SGH has a long-standing reputation for excellence in #technology and #businesssolutions. Building on decades of innovation in Europe, SGH expanded to Asia to address the dynamic needs of businesses navigating digital transformation. Their expertise in IT infrastructure, Business Process Outsourcing, and cutting-edge application solutions bridges continents, driving value across industries   📊 As Vietnam pushes forward with its digital transformation agenda, businesses increasingly look to technology partners for scalable, efficient solutions that keep pace with this rapid growth. SGH’s expertise aligns seamlessly with these demands, offering cutting-edge innovations in technology and business operations.   ⚖️ At #LutherVietnam, we understand that strategic collaboration between technology leaders and legal advisors is crucial to navigating this transformation. During the visit, our Country Head, Mr. Leif D. Schneider, engaged in discussions with SGH to explore how tailored legal strategies can underpin innovation, ensuring compliance and sustainable development in Vietnam’s burgeoning tech landscape.   ▶️ If your business is seeking strategic advisory support to navigate Vietnam’s digital transformation, feel free to reach out to us: 📩 Email: [email protected] 💻 Website: https://lnkd.in/gtrC_8-y

📣 𝐋𝐮𝐭𝐡𝐞𝐫 𝐕𝐢𝐞𝐭𝐧𝐚𝐦 𝐟𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐢𝐧 𝐀𝐇𝐊’𝐬 𝐥𝐚𝐭𝐞𝐬𝐭 𝐛𝐥𝐨𝐠 𝐩𝐨𝐬𝐭 📰 ✨ 𝐕𝐈𝐄𝐓𝐍𝐀𝐌 𝟐𝟎𝟐𝟒 - 𝐋𝐄𝐆𝐀𝐋 𝐀𝐍𝐃 𝐏𝐎𝐋𝐈𝐂𝐘 𝐔𝐏𝐃𝐀𝐓𝐄𝐒 𝐒𝐇𝐀𝐏𝐈𝐍𝐆 𝐎𝐏𝐏𝐎𝐑𝐓𝐔𝐍𝐈𝐓𝐈𝐄𝐒 𝐅𝐎𝐑 𝐆𝐄𝐑𝐌𝐀𝐍 𝐁𝐔𝐒𝐈𝐍𝐄𝐒𝐒𝐄𝐒 𝐈𝐍 𝟐𝟎𝟐𝟓 𝐀𝐍𝐃 𝐁𝐄𝐘𝐎𝐍𝐃 📊   📌 The article by AHK Vietnam - Delegation of the German Industry and Commerce in Vietnam underscores how Vietnam’s evolving legal and regulatory landscape presents opportunities and challenges for businesses. Key developments discussed include: 🔹 Fast-track approvals and incentives for green and high-tech projects. 🔹 Improved customs efficiency through a National Single Window platform. 🔹 Stricter yet globally aligned data protection regulations. 🔹 Enhanced support for SMEs and startups, fostering innovation and collaboration.   🤝 At #LutherVietnam, we’re proud to assist clients in navigating complex regulatory landscape and exploring growth opportunities. With comprehensive #Legal, #Tax, and #BusinessProcessesOutsourcing services, we are committed to helping businesses achieve seamless operations and full compliance in Vietnam’s dynamic market.   ▶️ Reach out to us for expert advice and solutions: 📩 Email: [email protected] 💻 Website: https://lnkd.in/gtrC_8-y

➡️ 𝐁𝐫𝐞𝐚𝐤𝐢𝐧𝐠 𝐃𝐨𝐰𝐧 𝐕𝐢𝐞𝐭𝐧𝐚𝐦𝐞𝐬𝐞 𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐢𝐧𝐠 𝐒𝐭𝐚𝐧𝐝𝐚𝐫𝐝𝐬 (𝐕𝐀𝐒) 📋   🗓 Vietnam is on a transformative journey toward adopting International Financial Reporting Standards (IFRS), aligning with global practices. This transition is guided by the Ministry of Finance's phased roadmap:     ✔️ 𝐕𝐨𝐥𝐮𝐧𝐭𝐚𝐫𝐲 𝐀𝐝𝐨𝐩𝐭𝐢𝐨𝐧 (𝟐𝟎𝟐𝟐-𝟐𝟎𝟐𝟓): Entities such as state-owned enterprises, listed companies, and approved foreign-invested companies prepare consolidated financial statements using IFRS.     ✔️ 𝐌𝐚𝐧𝐝𝐚𝐭𝐨𝐫𝐲 𝐀𝐝𝐨𝐩𝐭𝐢𝐨𝐧 (𝐏𝐨𝐬𝐭-𝟐𝟎𝟐𝟓): IFRS becomes compulsory for specific entities, while others adopt the revamped Vietnam Financial Reporting Standards (VFRS).   ⚖️ Navigating this evolving system remains challenging due to the complexities of aligning #VAS with #IFRS. Vigilance is essential for businesses aiming to ensure compliance and maintain operational efficiency.   💡 To help businesses stay ahead, Luther Vietnam is pleased to share our latest Newsflash, "𝐕𝐀𝐒 𝐯𝐞𝐫𝐬𝐮𝐬 𝐈𝐅𝐑𝐒: 𝐁𝐚𝐭𝐭𝐥𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐅𝐨𝐫𝐦𝐬", featuring:     📌 A comprehensive comparison of VAS and IFRS principles    📌 Insights to navigate Vietnam’s shifting financial landscape    📌 Strategies to optimise your accounting processes   💼 At #LutherVietnam, we provide #BusinessProcessesOutsourcing (BPO) services to simplify your journey through Vietnam’s evolving financial landscape. Our services span pre-investment advisory, licensing assistance, accounting, HR, payroll management, corporate governance, and compliance. By combining in-depth local expertise with global standards, we empower businesses to streamline their processes, minimise risks, and focus on strategic growth.   🌟 Whether you're adapting to new accounting standards, enhancing operational efficiency, or managing statutory obligations, we are here to support your success every step of the way. Reach out to us for expert advice and tailored solutions. 📩 Email: [email protected] 💻 Website: https://lnkd.in/gtrC_8-y

🌟 𝐖𝐞𝐥𝐜𝐨𝐦𝐢𝐧𝐠 𝐆𝐞𝐫𝐦𝐚𝐧 𝐀𝐦𝐛𝐚𝐬𝐬𝐚𝐝𝐨𝐫 𝐌𝐫𝐬. 𝐁𝐚𝐫𝐭𝐡 𝐭𝐨 𝐋𝐮𝐭𝐡𝐞𝐫 𝐕𝐢𝐞𝐭𝐧𝐚𝐦 🌟   💎 We were honoured to welcome German Ambassador Mrs. H.E. Helga Margarete Barth to our office during her first official visit to Vietnam’s southern metropolis of HCMC. She was accompanied by Dr. Josefine Wallat, Consul General of the Consulate General of Germany in HCMC, and distinguished guests from gmp von Gerkan, Marg and Partners Architects, who are the masterminds behind the cutting edge design of Deutsches Haus, spearheaded by Mr. Volkwin Marg, Founding Partner; Mr. Nikolaus Goetze, Executive Partner; and Mr. Duc tran cong, Managing Director in Vietnam.   📸 The delegation was proudly co-hosted by the Deutsches Haus Ho Chi Minh City (official)), led by Mr. Horst Geicke, Chairman and Investor, and Mr. Elmar Dutt, General Director and Senior Vice President. Luther Vietnam's Country Head, Leif D. Schneider was able to offer a birds-eye perspective over the surrounding premises and inform the new German Ambassador about Luther Vietnam’s role in supporting German businesses as they navigate Vietnam’s evolving legal and economic landscape.   💬 To mark Ambassador Barth’s visit to HCMC, Luther Vietnam also attended at the GBA Business Roundtable that brought together Ambassador Barth and representatives of 22 German corporations. The ensuing discussions clustered around important topics, including:   🌍 Investment Diversification: Leveraging Vietnam as a strategic hub to strengthen supply chain resilience and reduce global dependencies. 🎓 Skilled Workforce Development: Making use of Vietnam’s relatively low cost of labour, upskilling the local workforce, and enhancing vocational training models to meet industry needs. ⚙️ Administrative Reforms: Streamlining legal and administrative procedures to maintain Vietnam’s economic momentum and its competitiveness for further (German) FDI.   🤝 Ambassador Barth emphasised the vital role of German businesses in shaping Vietnam’s economic trajectory. The discussions underscored a shared commitment to strengthening the German-Vietnamese economic partnership.   ✨ The day concluded with the GBA Business Meeting, themed “Vietnam 2025: Navigating Geopolitical and Economic Currents”. Again, Luther had the honour to join in discussing Vietnam’s strategic position in Southeast Asia, the impact of global trade dynamics, and the country’s economic outlook.   🚀At #LutherVietnam, we appreciate the opportunity to be part of the growing collaboration between Germany and Vietnam. We are committed to fostering strong partnerships that drive sustainable growth and creating valuable opportunities for businesses in both countries. Reach out to us for #Legal, #Tax #Advisory, and #BPO services to ensure effective partnerships and expansion in Vietnam: 📩 Email: [email protected] 💻 Website: https://lnkd.in/gtrC_8-y

🌿 𝐒𝐭𝐫𝐞𝐧𝐠𝐭𝐡𝐞𝐧𝐢𝐧𝐠 𝐁𝐨𝐧𝐝𝐬 𝐟𝐨𝐫 𝐚 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐅𝐮𝐭𝐮𝐫𝐞 🤝   🌟 Luther Vietnam was delighted to welcome a delegation from Sachsen-Anhalt, led by 𝐌𝐢𝐧𝐢𝐬𝐭𝐞𝐫 𝐒𝐯𝐞𝐧 𝐒𝐜𝐡𝐮𝐥𝐳𝐞 from the Ministerium für Wirtschaft, Tourismus, Landwirtschaft und Forsten, to our office. The visit was facilitated by Mr. Elmar Dutt, General Director & Senior Vice President at Deutsches Haus Ho Chi Minh City (official), and Mr. Peter Kompalla, Chief Representative at AHK Vietnam - Delegation of the German Industry and Commerce in Vietnam, with Mr. Quoc Vuong , Counsel at Luther Vietnam, representing our team.   📍 Situated in central Germany, Sachsen-Anhalt is a region with rich cultural heritage and strong economic significance. Home to iconic historical landmarks such as the Bauhaus movement's birthplace, it is equally renowned for its modern advancements in renewable energy, biotechnology, and precision agriculture. Its strategic location as a gateway to Eastern Europe makes it a key logistics hub, while its industrial capabilities align seamlessly with Vietnam’s Green Growth Strategy 2021-2030. 📊 As Vietnam continues to position itself as a leading investment destination in Southeast Asia, Sachsen-Anhalt's focus on sustainability, innovation, and advanced technologies presents immense potential for bilateral cooperation. Opportunities abound in areas like renewable energy solutions, agricultural modernisation, and high-tech tourism infrastructure, fostering growth that benefits both regions.   🚀 During the visit, discussions centered on creating meaningful connections in sectors that promise mutual development. By leveraging each other's strengths, Vietnam and Sachsen-Anhalt are poised to further deepen their partnership in the years ahead.   💡 At #LutherVietnam, we take pride in enabling and supporting such fruitful collaborations, bridging international expertise with local opportunities for sustainable progress. 🔗 Reach out to us for #legal, #tax #advisory, and #BPO services to ensure effective partnerships and expansion in Vietnam: 📩 Email: [email protected] 💻 Website: https://lnkd.in/gtrC_8-y