Vietnam Sets 2021 Economic Growth Target Of 6.5%, A Pre-Covid Normal

Vietnam’s cabinet has targeted economic growth of 6.5% next year, signaling a return to the same growth pattern experienced before Covid-19, as the manufacturing-led economy emerges from its current slowdown. The Southeast Asian country’s government expects to rebound next year from the economic slowdown it finds itself now due to the global slump brought on by the pandemic. Vietnam’s authorities call the recovery a


Vietnam startups gain on Indonesia and Singapore with new funding

E-tailer Tiki receives lion’s share of $246m investment in first half of 2019 SINGAPORE — Vietnam’s startup sector is growing at a rapid clip despite the global economic slump, as it closes the gap with regional leaders Indonesia and Singapore. According to joint research by Ho Chi Minh City-based venture capital ESP Capital and Singapore’s Cento Ventures, startup investment in Vietnam hit $246 million this


Singaporeans and Permanent Residents working overseas – You might be taxed home! ​

The IRAS will remove the administrative tax concession for Singapore citizens (and Permanent Residents) working overseas which allowed them the choice of being treated as non-resident, from year of assessment 2021. As a result, all Singapore citizens or Permanent Residents working overseas will be regarded as tax resident. The implication is that income from overseas employment will be subject to Singapore income tax when


Rosemont Business Asia Awards 2019

Rosemont Business Asia is proud to have won the” Accounting Partner of the Year in Singapore ” award, awarded by Xero, the beautiful accounting software. Overall, it is a great year for Rosemont Business in Asia, with this last two months: Shortlisted in Top 10 tax advisor in Asia Best Singapore SME accounting firm Shortlisted in top 3 Best European New Business in Vietnam 2019 Thanks to its strategically placed offices