- Export Processing Enterprises in
Vietnam are a popular investment vehicle for investors looking at
Vietnam as China plus one destination.
- EPEs offer lower taxes and the
government gives incentives for certain product lines
- While customs and tax audits for
EPEs are stringent, the tax benefits for EPEs compared to
traditional manufacturing enterprises make them
worthwhile.
Export Processing Enterprises (EPEs) are a popular investment
vehicle for foreign investors in Vietnam. This is particularly true
as Vietnam has emerged as a China plus one destination for foreign
companies outsourcing operations to reduce costs and improve market
share.
The recent novel coronavirus COVID-19 outbreak in
China has accentuated this issue, impacting businesses not only in
Vietnam but the rest of ASEAN as supply chains begin to feel
the impact. With raw materials and inputs being sourced from China
and travel restrictions still in place, businesses may need to look
at
