Featured Insights
Read the latest publications, technical updates and thought leadership articles from KPMG.

Thought Leadership

Our publications to help business leaders across various sectors to develop a deeper understanding of the local and global economy.

Odoo - Sample 3 for three columns

*New article*

KPMG 2022 CEO Outlook

The 2022 CEO Outlook draws on the perspectives of 1,325 global CEOs across 11 markets to provide insight into their 3-year outlook on the business and economic landscapes.

Odoo - Sample 3 for three columns

*New article*

Sustainability Reporting 2022

Today, policymakers are on the precipice of adopting mandatory and regulated sustainability reporting and the reporting landscape is poised to change drastically. The findings in KPMG’s 2022 ‘Survey of Sustainability Reporting’...

Odoo - Sample 3 for three columns

*New article*

Prices, Politics and the Global Energy Market

Decarbonization and electrification are twin trends that have come to define modern energy systems. The power and utilities (P&U) sector, particularly electricity generation, is undergoing dramatic change...

Odoo - Sample 3 for three columns

*New article*

Is Inflation pushing consumers to the edge?

Inflation has hit unprecedented highs. Food and gas prices are soaring, while the cost of living has crept up. Household budgets are tightening and consumer concerns over the economy are mounting...

Odoo - Sample 3 for three columns

*New article*

The Future of Large Commercial Insurance

The business landscape is changing rapidly. Despite strong market performance, traditional commercial insurance business models are coming under pressure from swirling changes that now have the sector on the cusp of a radical transformation...

Odoo - Sample 3 for three columns

*New article*

From sci-fi concept to concept to cutting-edge technology: KPMG’s “Exploring the metaverse”

2021 has been called the first year of the metaverse era. The metaverse concept came to prominence after sandbox gaming platform Roblox included it in its March 2021 prospectus...

Odoo - Sample 3 for three columns

*New article*

Prioritizing on Customer Needs

With customer experiences being provided by fast-paced digital-first companies, today's customers increasingly demand personalised products and services as they are accustomed to seeking tailored products 24/7 rendered at the touch of a button...

Odoo - Sample 3 for three columns

*New article*

The future of HR: Lessons from the Pathfinders 

In KPMG’s research in 2019, while many business leaders view HR as an administrator, there is a group of HR organizations, about 10 percent of that global sample, who are considered value drivers within their enterprises. They coined the term ‘Pathfinders’ for this cohort...

Odoo - Sample 3 for three columns

*New article*

Banks: Considering AI and Machine Learning models in Model Risk Management

Banks and financial institutions have been using models for decades, for example to manage risks or to calculate prices...

Odoo - Sample 3 for three columns

*New article*

Vulnerable supply in Automotive

Supply chain issues afflicting the global automotive industry range from semiconductor shortages to geopolitical upheavals, which are making both automakers and suppliers rethink their supply chain strategies.

Odoo - Sample 3 for three columns

*New article*

Real Estate Innovations Overview

We are pleased to introduce the seventh annual edition of our international Real Estate Innovations Overview (REIO). Innovation in Real Estate and Construction has been receiving attention for a couple of years, but has accelerated further...

Odoo - Sample 3 for three columns

*New article*

Culture counts in successful transformation

As enterprises transform, it’s easy to move straight to solutions and miss one of the most vital ingredients – a culture fit for transformation.

Odoo - Sample 3 for three columns

*New article*

Control System Cyber Security Annual Report 2022 

This report is the latest in a series of annual projects, drawing from ongoing research by the Control System Cyber

Security Association International ((CS)2AI) and its community of members and Strategic Alliance Partners (SAPs)

Odoo - Sample 3 for three columns

*New article*

Emerging Giants in Asia Pacific


Asia Pacific has long been the engine of global prosperity driven by its network of industrial supply chains, but two shifts are now changing its growth-profile dramatically.

First, Asian economies are becoming markets in their own right as their incomes rise. The second is that the ability to deliver products digitally has shifted the principal driver of regional growth from manufacturing to services.


Odoo - Sample 3 for three columns

*New article*

Building Construction and Real Estate (BCRE) Survey Report 


Rapidly changing environment and events like the pandemic COVID-19 have changed the way the world operates and has a significant impact on real estate preferences and expectations in Vietnam. These uncertainties, in addition to existing on-ground challenges, have also solidified several ongoing trends. 

After numerous responses from business leaders and professionals who participated in the KPMG Vietnam Building Construction and Real Estate (BCRE) Survey, we were able to identify the key challenges and current trends in the industry.    



Odoo - Sample 3 for three columns

*New article*

 Good for business, good for the world


Social responsibility is not new to family businesses. However, issues related to sustainability, climate risk, poverty and uncertainty in many parts of the world are rising in importance.

Leaders are turning their attention to ‘people, planet and profit’ goals to generate value for the environment, create jobs, contribute to community prosperity and deliver long-term value to the family as well as the business. 


Odoo - Sample 3 for three columns

*New article*

Reinventing work
Explore the unparalleled dilemma associated with navigating the future of work.


Creating a balanced workforce of the future will take a strategic approach that applies a digital mind-set to the reinvention of work. We are seeing organizations responding to the inevitable need to reinvent. AI and digital technology are demolishing aging and soon-obsolete workplace structures. 

While no one can predict entirely what will happen as the "new reality" world sets in, what organizations can control now is planning for scenarios that may occur and preparing for that future makeup of the workforce—one that will most certainly include forms of automation.

Odoo - Sample 3 for three columns

*New article*

Real Estate + Real Innovation 


The real estate industry is moving more and more into the public eye due to increasing socio-political and regulatory tasks. The tasks range from the creation of affordable living space in the housing industry and the need to adapt development models on the commercial property market to the new workplace models.

In addition, those involved in the market must equally deal with the changed view of sustainability criteria, which are now summarized under the abbreviation ESG (Environmental, Social, Governance). 

Odoo - Sample 3 for three columns

*New article*
Customer Experience - The key to sustained value creation

A delightful customer experience (CX) is the key to shoring up long-term relationships and creating sustained value.

Most of what helps customers remember a organization often comes not from positioning, but from their experience with the organization

Odoo - Sample 3 for three columns

*New article*
2022 Global Family Business Report by STEP Project Global Consortium and KPMG Private Enterprise

Family businesses are a major contributor in various nations, including Vietnam. These enterprises are unique, thanks to the intertwining of the family and the business. 

KPMG Private Enterprise and the Successful Transgenerational Entrepreneurship Practices (STEP) Project Global Consortium study 2439 family business leaders from 70 countries and territories to map out their key to stay in power and step ahead of the competition.

Odoo - Sample 3 for three columns

*New article*
2021 Vietnam CFO Survey Report

With insight from nearly 70 Finance Leaders and C-Levels from a wide sample of businesses, KPMG’s 2021 CFO Survey defines where Finance in firms in Vietnam currently stands, its opportunities, threats, expectations and the direction of its growth. Our findings converge, indicating ample development potential for businesses in Vietnam as a whole and their Finance in particular. All signs point to digital transformation and data-enabled people as the key to success for the finance function and at the heart of it all are CFOs, digitally adept and ready to lead the forthcoming changes. But to do that, CFOs in Vietnam will need to evolve with the help of their organizations.

Odoo - Sample 3 for three columns

*New article*
Vietnam Customer Experience Excellence Report 2021

Having gone through the COVID-19 pandemic, citizens around the globe, including Vietnam, have adopted a new-normal lifestyle. As a result, businesses need to adjust their approach to consumers. Check out our latest report to see how companies have performed during the upheaval and gain insights on the supply chain domain.

Odoo - Sample 3 for three columns

*New article*
OECD/G20 Inclusive Framework Agreement on BEPS 2.0  -   October 2021 Update  

On 8 October 2021 the Inclusive Framework (IF) on Base Erosion and Profit Shifting released details of an agreement which refines the statement of 1 July 2021. In terms of consensus, 136 of the 140 Inclusive Framework countries have agreed to this release.  Learn more about the latest October update of the agreement in this article.

Odoo - Sample 3 for three columns

*New article*
Quick reversals expected as the  new normal gradually replaces lockdown gloom  

As the pandemic situation begins to look up, a sense of revival in business confidence can be observed.  Warrick Cleine, Chairman and CEO at KPMG in Vietnam, shares his insight on this topic and the changes to expect in this rebound.
Odoo - Sample 3 for three columns

*Popular*
KPMG 2021 CEO Outlook


Optimism is back in the boardroom. It’s been about 18 months since the World Health Organization declared a global pandemic, and the latest edition of our CEO Outlook survey gauges how leadership strategies and concerns have shifted during these demanding times. 
Odoo - Sample 3 for three columns

*Popular*
IFRS - Is it the responsibility of only accountants? (VN article)

The difference between VAS and IFRS is expanding and creating numerous conflicts for companies. What are the benefits of IFRS adoption and what is the framework in Vietnam?

Odoo - Sample 3 for three columns

*Popular*
The OnDemand Economy: Are You A Part of It?

The on-demand economy is accelerating the speed of  transformation all over the world. What is it and how have businesses adapted to the emerging market demands?

Concentrating on the practical, up-to-date guidance on financial reporting and legal requirements for your consideration.

Odoo - Sample 3 for three columns

Technical Update - Legal Update 

Our legal update would cover the following matters:

New Law amending a number of laws including, but not limited to, Law on Investment, Law on Electricity and Law on Enterprises

New regulations on management of e-commerce websites and e-commerce activities via mobile applications in cellphone devices

(VN Version)

Odoo - Sample 3 for three columns

Tax Alert - Draft decree amending Decree 126/2020/ND-CP and Decree 123/2020/ND-CP 

In order to create favorable conditions for tax declaration and remove difficulties in paying provisional Corporate Income Tax (“CIT”), the Ministry of Finance has prepared a draft Decree to submit to the Government which amends and supplements a number of articles of Decree 126/2020/ND-CP and Decree 123/2020/ND-CP. Notably, the Draft Decree proposes that the provisional CIT payment for the four quarters of a taxpayer must not be less than 80% of the total CIT liability of the annual CIT finalization. Currently, Decree 126/2020 requires the provisional CIT for the first three quarters to account for at least 75% of the annual CIT liability.

(VN Version)

Alert on immigration February 2022 

The recent relaxation in entry permit, visa and quarantine regulations for foreigners entering Vietnam is promising and should result in increasing mobility for business travelers, investors and those coming to work longer term in Vietnam. However, when COVID-19 is well controlled, some regulations which were issued to support businesses and foreigners during the COVID-19 pandemic may be removed and the immigration requirements for foreigners revert back to pre-pandemic norm. This in-turn may cause issues for businesses to recruit and maintain a suitable foreign labour force in Vietnam.

Odoo - Sample 3 for three columns

Tax Alert January 2022 

Following the Resolution No. 43/2022/QH15, on 28 January 2022, the Government issued Decree 15/2022/ND-CP guiding the implementation of the tax relief measures relating to the VAT reduction and CIT deductibility for Covid-19 donation and sponsorship expenses. Accordingly, the VAT for the goods and services which are currently subject to the rate of 10% to 8%, applicable from 1 February 2022 to 31 December 2022.

(VN Version)

Odoo - Sample 3 for three columns

Technical Update January 2022 

KPMG would like to share the very recent update on legal legislation for your reference. Our legal update would cover the following matters:

New regulations on the business of electronic gaming with prizes for foreigners

New regulations on penalties for administrative offences in planning and investment sector

New regulations on working hours and resting hours applicable to employees doing seasonal production work and processing works under orders 

(VN Version)

Alert on removal of entry permit requirement for foreigners

On 18 January 2022, Standing Deputy Prime Minister Pham Binh Minh approved to remove entry permit requirement for foreigners and Vietnamese overseas, who already have valid permanent cards, visa, temporary resident cards or visa exemption. Please refer to our Alert on the Official letter 405/VPCP-QHQT for more information on the cease of entry permit. 

Odoo - Sample 3 for three columns

Tax Alert December 2021 

The General Department of Taxation (“GDT”) issued the Official Letter No. 4110 dated October 27, 2021 on  the tax treatment related to Covid-19 expenses (“OL 4110”).  According to OL4110, the GDT lists out a  number of expense items that shall not be taken into account for PIT calculation of the employees whilst  being deductible for Corporate Income Tax (“CIT”) if the expenses are incurred and are supported by  legitimate supporting documents,

(VN Version)
       
 

Odoo - Sample 3 for three columns

GMS Flash Alert December 2021 

On 14th December 2021, the Social Insurance Agreement (“the SIA”) between Vietnam and Korea was  signed by the Minister of Labour, War Invalids and Social Affairs (Vietnam) and the Minister of Health and  Welfare (Korea) on behalf of the Governments of the two countries. 

(VN Version)

Odoo - Sample 3 for three columns

Legal Alert December 2021 

According to Decree No. 07/2016/ND-CP dated 25th January 2016 of the Government (“Decree 07”) guiding  the Commercial Law on representative offices of foreign entities (“RO”) in Vietnam, ROs are required to  submit an annual operation report (“Annual Report”) to the provincial Department of Industry and Trade  no later than 30th January of the following year. 

(VN Version)
       
 

Odoo - Sample 3 for three columns

Technical Update November 2021 

On 8 November 2021, the Government enacted Decree No. 98/2021/ND-CP on management of medical  devices (“Decree 98”). Decree 98 will come into effect on 1 January 2022 and replace Decree No. 36/2016/ ND-CP dated 15 May 2016 (amended by Decree No. 169/2018/ND-CP and Decree No. 03/2020/ND-CP)  (“Decree 36”).  

( VN Version)          

Odoo - Sample 3 for three columns

Tax Alert November 2021 

The Draft Decree      amending Decree 111 (Decree guiding the development of supporting industries ("SI")) with the aim to clarify some regulations on determination of SI incentives, expanding the list of SI products, and also adding more criteria for permission of SI incentive.       

(  VN Version)          

Vietnam at a glance

Overview of key  economic trends and  financial regulations that influence the landscape in Vietnam.

IFRS Academy

Odoo - Sample 3 for three columns

*New*  IFRS Academy

SSC collaborates with KPMG to organize IFRS training program  (VN article)

KPMG Vietnam and the State Securities Commission (SSC) join forces to provide IFRS training to staff members from SSC, Hanoi Stock Exchange and Ho Chi Minh Stock Exchange to catch up with the application of IFRS.

Odoo - Sample 3 for three columns

*New*    IFRS Academy

Part 2: Infrastructure development contract - reality and solutions (VN article)

As explained in the previous article,   accounting infrastructure development contracts in Vietnam faces various issues related to intangible assets, depreciation of fixed assets and interest expenses. IFRIC 12 can suggest the solution.

Odoo - Sample 3 for three columns

*New*  IFRS Academy

Part 1: Infrastructure development contract - reality and solutions (VN article)

The adoption of  International Financial Reporting Standards ( IFRS) may offer effective solution to unresolved issues in accounting infrastructure development contracts in Vietnam. 

Macroenvironment & Statistics

Odoo - Sample 3 for three columns

Vietnam Investment Handbook 2021

In general, Vietnam promulgates a principle to treat local and foreign investor equally. However, at national privilege, Vietnam still restricts market entry of foreign investment in some...

Odoo - Sample 3 for three columns

Invest in Vietnam: 2021 edition

Recent years observed the international economic integration through the participation into many free trade agreements/ communities such as the WTO, CPTPP, EVFTA, and UK-Vietnam FTA...

Odoo - Sample 3 for three columns

Make in Vietnam: 2021 edition

As one of few economies in ASEAN and globally to achieve positive growth despite the COVID-19 pandemic, Vietnam’s GDP is estimated to have grown at 2.91% in 2020...

Sector & Industry

2021 Vietnam M&A at a glance

Countries around the world witnessed negative GDP growth in 2020 and are still suffering from the lasting impact presented by the pandemic. Amid this challenging period, Vietnam has emerged as a rising star by keeping the economy growing, albeit at a slower... 


Odoo - Sample 3 for three columns

Vietnam Supply Chain at a glance 

The supply chain practice of the past will no longer be sufficient to support the future marketplace in an optimal way.  This survey report will provide insights about the supply chains in Vietnam, in terms of ‘Where we are' to 'Where to go next' and 'How to go’.

Odoo - Sample 3 for three columns

Cash and Working Capital Trends in Vietnam 2021

The COVID-19 pandemic may mean that common working capital warning signs flare up earlier. Companies should monitor internal metrics and business partner performance for red flags, and prepare a list of contingency options....

Odoo - Sample 3 for three columns

Approach to SWIFT Security Assessment

SWIFT (Society for Worldwide Interbank Financial Telecommunications) is a vast messaging network used by banks and other financial institutions to quickly, accurately, and securely send/receive...

Odoo - Sample 3 for three columns

Future of Digital Health in Vietnam

Over the past two decades, Vietnam has achieved laudable improvements in key quality of life metrics such as life expectancy, infant mortality, and access to affordable medicines...

Odoo - Sample 3 for three columns

Customer Experience in the New Reality

In recent years, customer experience has become one of the key factors for a company’s success. More companies in Vietnam have realized the importance of customer experience... 

Odoo - Sample 3 for three columns

Leveraging infrastructure investments for economic growth

The infrastructure sector has been an unsung hero of the COVID-19 crisis. Despite the complete disruption to how our economies operate and how we live our lives... 

Odoo - Sample 3 for three columns

IFRS 9 for Banks

The IFRS Roadmap in Vietnam was officially announced in Decision No.345/QD-BTC on 16 March 2020 by the Ministry of Finance (MoF), a year after introduction of the draft version. Against the mandate by the MoF...

Updating the latest tax audit trends and changes in 2021. 

Odoo - Sample 3 for three columns

Tax Audit Support webinar    

Presenting tax audit plan and trends in 2021, common issues focused by authorities and tax audit in transfer pricing as well as addressing several specific business concerns.  

(  VN version)

Our slides from the 2020 Tax and Legal Institute

Odoo - Sample 3 for three columns

Macroeconomics and Tax Landscape

Presenter(s):
Mr Warrick Cleine
Chairman & CEO  

Odoo - Sample 3 for three columns

Tax Policies Development & Practical Sharing

Presenter(s):
Ms Le Thi Kieu Nga
Partner, Corporate Tax
Mr Ta Hong Thai
Partner, Corporate Tax 

Odoo - Sample 3 for three columns

Tax Audit & Dispute Issues

Presenter(s):
Ms Nguyen Thu Huong
Partner, Tax Dispute & Controversy  

Odoo - Sample 3 for three columns

Legal Updates

Presenter(s):
Mr Nguyen Thanh Hoa
Partner, Legal Services  

Odoo - Sample 3 for three columns

Global Mobility Services

Presenter(s):
Ms Andrea Godfrey
Partner, Global Mobility Services  

Odoo - Sample 3 for three columns

Trade & Customs, Transfer Pricing Updates 

Presenter(s):
Mr Hoang Thuy Duong
Partner, Integrated International Tax
Mr Joseph Vu 
Partner, Integrated International Tax