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Blog Articles

Blog Articles

Understanding Working Capital as a Balance Sheet

by Trường Lăng on April 10, 2019
Understanding Working Capital (WC) Working capital is a crucial balance sheet calculation since it is considered to reveal a great deal about a company's financial condition. And this is how to calculate it from a balance sheet: WC = Current Assets - Current Liabilities The idea behind the formula is what a company would have […]
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Working Capital Management - Crucial Ratios

by Trường Lăng on April 10, 2019
Working Capital Management The most important aspect of working capital management is the measure of a company's liquidity position. In terms of quantifying, analysts use some ratios which can be used to compare a company's liquidity measures with those of peer companies and to compare with its historical performance. By definition, liquidity ratios are to […]
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Thriving Industries in Indonesia Economy

by Trường Lăng on March 5, 2019
Indonesia Economy: Thriving Industries The industrial sector is the sector that currently contributes most to Indonesia's annual GDP growth. The two most important sub-sectors of industry are mining and manufacturing, both being major pillars of the nation's economy since the 1970s, thus being engines of economic change and development during Suharto's New Order regime. Although […]
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How to Setup 100 Foreign Owned Company in Vietnam

by Trường Lăng on February 5, 2019
Pursuant to Article 13, Enterprise law in 2005, foreigner is permitted to open a company with 100% foreign-owned capital in Vietnam, regulated specifically in Decree No. 108/2006/ND-CP on September 22, 2006. Article 7: Establishment of economic organizations with 100% capital of foreign investors Domestic investors and foreign investors may invest in the form of 100% […]
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Establish Representative Office in Vietnam

by Trường Lăng on February 5, 2019
A representative office is the presence for a foreign company in Vietnam. Representative office is intended to promote business opportunities,
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Tax Summary in Indonesia

by Trường Lăng on January 25, 2019
Tax Summary in Indonesia 1. Direct Tax - Corporate Income Tax Residence. Non-resident companies are those which are incorporated overseas, but receive or accrue income from Indonesia. Non-residents are obliged to register for tax purposes if they have a permanent establishment (PE) in the country. Representative Offices of foreign companies are required to register as […]
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Founded in 2009, Viettonkin Consulting is a multi-disciplinary group of consulting firms headquartered in Hanoi, Vietnam with offices in Ho Chi Minh City, Jakarta, Bangkok, Singapore, and Hong Kong and a strong presence through strategic alliances throughout Southeast Asia. Our firm’s guiding mission is aimed towards facilitating intra-ASEAN investments and connecting investors in Southeast Asia with the rest of the world, thus promoting international business relationships and strengthening inter-nation connections.
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