Ascendia Partners' Vietnam Mission Concludes Successfully: Managing Director King Lee and Regional Partners Decode Southeast Asian Investment Opportunities and Tax Reforms

December 2025, Vietnam – Ms. Elena Nguyen, Vietnam Managing Partner of Ascendia Partners, hosted the "2025-2026 Tax, Accounting & Audit Seminar: Policy Updates & Exploring Southeast Asian Tax Incentives" on December 11–12, 2025, in Hanoi and Ho Chi Minh City respectively. The event featured special guest speakers including the Deputy Director General of the Vietnam General Department of Taxation and the Deputy Director of the Provincial Department of Finance. Ascendia Partners' Managing Director Mr. King Lee, Thailand Managing Partner Mr. Ace Lu, and Singapore Managing Partner Ms. Lyn Tan were invited to attend and deliver keynote speeches. The seminar attracted over 100 CFOs, chief accountants, and senior executives from Vietnamese and foreign-invested enterprises, aiming to help businesses grasp regional tax trends and new investment opportunities.

[Photo: Mr. Ace Lu (left), Mr. King Lee (second left), Ms. Elena Nguyen (second right), Ms. Lyn Tan (right)]

I. Spotlight on Southeast Asian Listing Pathways

In his keynote speech, Mr. King Lee presented on the theme "Southeast Asian Listing: Pathways, Opportunities & Preparation," drawing from his latest presentation "Southeast Asian Listing Is Not a Dream." He provided an in-depth comparison of listing requirements across major capital markets including Hong Kong, Singapore, Malaysia, Thailand, Indonesia, Vietnam, and Nasdaq.

He emphasized: "2025-2026 is a period of intensive policy adjustments in Southeast Asia's tax and finance landscape, and also a critical window for companies to reassess their regional positioning and leverage capital market tools to accelerate internationalization. Professional forward-looking structural design and compliance management are the cornerstones for enterprises to achieve steady and sustainable growth in a complex and dynamic regulatory environment."

[Photo: Mr. King Lee]

II. Regional Partner Insights: Thailand BOI Policy Benefits and Singapore's Strategic Advantages

Thailand Managing Partner Mr. Ace Lu shared in-depth insights based on his "2025 Thailand Manufacturing Investment Guide," focusing on Thailand's latest investment promotion policies and tax incentives:

• BOI Policy Core Advantages: Mr. Lu provided a detailed explanation of Thailand's BOI tiered incentive system, particularly noting that A1+ emerging industries (such as hydrogen energy equipment manufacturing and solid-state battery production) in the Eastern Economic Corridor (EEC) can enjoy up to 15 years of corporate income tax exemption. New energy vehicle battery manufacturers can benefit from 8 years of full CIT exemption and zero import duties on equipment.

• Key Industry Opportunities: He pointed out that Thailand, as ASEAN's largest PCB production base, is actively promoting the "Thailand Electronics Circuit Asia 2025" (THECA 2025) initiative, aiming to become an integrated Asian electronics ecosystem. In the NEV sector, the Thai government is strongly driving market demand through the EV 3.0 program, creating historic opportunities for battery, e-drive, and component suppliers.

  
  

  

[Photo: Mr. Ace Lu]

Singapore Managing Partner Ms. Lyn Tan spoke on the theme "Why Choose Singapore," sharing Singapore's core advantages as an international headquarters for enterprises, drawing from her "Introduction to Singapore's Business Environment":

• Ms. Tan highlighted the "Singapore+1" strategy proposed by the Singapore Economic Development Board (EDB), which leverages Singapore's financial, R&D, and headquarters strengths combined with the manufacturing capabilities of neighboring countries to achieve a "1+1>2" regional synergy. She also introduced the establishment and tax advantages of family offices, noting that as of August 2024, 1,650 single-family offices had received tax incentives.

  
  

  

[Photo: Ms. Lyn Tan]

III. Vietnam Tax Reforms and Seminar Highlights

The seminar was moderated by Ms. Elena Nguyen. During the event, the invited Deputy Director General of the Vietnam General Department of Taxation and Deputy Director of the Provincial Department of Finance shared the latest tax policy developments:

• Corporate Income Tax (CIT): Vietnam's 2025 CIT Law has officially included "the production of supporting industrial products" into the priority preferential list. Eligible new investment projects can enjoy a preferential tax rate of 10% for 15 years, clearly signaling Vietnam's determination to attract high-value-added manufacturing.

• Value-Added Tax (VAT): The new VAT Law aims to broaden the tax base, enhance regulatory transparency, and comprehensively promote digital transformation in tax management.

  
  

  

[Photo: Ms. Elena Nguyen (left)]

IV. Looking Ahead: Ascendia Partners Continues to Empower Regional Development

By sending its core partner team spanning Singapore, Thailand, and Vietnam to share professional insights in Vietnam, Ascendia Partners has fully demonstrated its comprehensive strength in tax advisory and cross-border services in the Asia-Pacific region. The company extends its gratitude to Ms. Elena Nguyen and her team at Hinh Lam for building this excellent exchange platform. Several major Vietnamese financial media outlets, including VOV1 (Voice of Vietnam), Thời báo Tài chính Việt Nam (Vietnam Financial Times), and Tạp chí Tài chính doanh nghiệp (Corporate Finance Magazine), reported on the seminar, praising the insights as timely, practical, and highly actionable for Vietnamese and foreign-invested enterprises during the tax and financial reporting season.

Looking ahead to 2026, Ascendia Partners will continue to closely monitor regional policy changes, integrate top-tier expert resources from Singapore, Thailand, Vietnam, Malaysia, Indonesia, Hong Kong, and mainland China, and remain committed to providing clients in China and around the world with cutting-edge, reliable, full-chain professional services including cross-border tax and financial compliance, international IPO advisory, regional investment structuring, and family office establishment – helping enterprises seize opportunities, maintain compliance, and achieve sustainable growth in the complex and dynamic Asia-Pacific market.

[Photo: Hanoi Event, December 11]

[Photo: Ho Chi Minh City Event, December 12]

About Ascendia Partners

Rooted in Asia, reaching out to the world. As a one-stop corporate service platform, Ascendia Partners is committed to providing full-chain professional services for enterprises going global, including IPO financing, tax and financial compliance, family offices, and sustainable development – making global expansion simpler and growth more steady.

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