Cathay United Bank Hosts Vietnam Tax and Investment Seminar on Tariff Impacts and Supply Chain Shifts
HANOI, Vietnam, Sept. 11, 2025 /PRNewswire/ -- In response to rapidly changing geopolitical and economic conditions, Cathay United Bank-Ho Chi Minh City Branch (CUBHCM) recently hosted the "2025 Tax and Investment Seminar: Opportunities and Challenges to Corporates in Vietnam" in Hanoi. The event focused on how businesses can address Vietnam's tax and investment challenges while seizing growth opportunities arising from global supply chain restructuring.
"Over the past few months, rising global trade tensions and tariff policies have not only reshaped the strategic direction of major economies but also profoundly impacted global supply chains, capital flows, and tax planning," said Benny Miao, Executive Vice President at Cathay United Bank. "Vietnam plays a pivotal role in this transformation—as an emerging manufacturing hub and a key link in global value chains, it is increasingly under the spotlight of international trade policy and corporate strategy."
The seminar also featured insights from Chi-Chao Lin, Chief Economist of Cathay United Bank, who explained how tariff shocks are accelerating supply chain restructuring across Asia and globally. Lin noted Vietnam is well-positioned to benefit from the global supply chain reconfiguration. "We expect to see significant expansion in domestic manufacturing and assembly to increase local value-added," he said. "Vietnam will also accelerate efforts to diversify its export markets, with a focus on the EU, ASEAN neighbors, and other regions. At the same time, the government is strengthening its compliance and goverance, bolstering enforcement of origin certifications and tightening oversight of labeling and export processes.
VJ Lu, General Manager of CUBHCM, emphasized the importance of cross-sector collaboration in navigating today's complex environment. "This seminar provides a timely platform for dialogue between experts and enterprises. We are honored to bring together KPMG and other experts from various fields to explore Vietnam's future development and strategic responses. Through collaboration and shared expertise, we aim to help businesses grow sustainably and seize new opportunities in Vietnam."
This seminar exemplifies the bank's ability to combine financial expertise and cross-industry networks, with CUB providing strategic investment insights and KPMG sharing updates on Vietnam's tax reforms and the impact of U.S. tariff policies on local businesses and foreign investors.
Cathay United Bank first established a branch in Chu Lai, Quang Nam Province in 2005, before relocating to Ho Chi Minh City in 2022. Today, the bank operates three offices in Vietnam—its Ho Chi Minh City Branch, Hanoi Representative Office, and Quang Nam Representative Office.
As a core subsidiary of Cathay Financial Holdings, Cathay United Bank leverages the group's strengths and global vision to advance localized development in overseas markets, with Vietnam now considered its second-home market after Taiwan. And Cathay Financial Holdings has served clients in Taiwan for more than 60 years and has actively expanded across Asia, with 969 branches, 53,000 employees, over 15.3 million customers, and more than USD 400 billion in assets under management.
Looking ahead, CUB's Ho Chi Minh City Branch will continue to leverage the group's synergies to capture opportunities from Vietnam's rapid economic growth and industrial transformation. By deepening local services and strengthening cross-border financial linkages, Cathay United Bank aims to be the strategic partner of choice for enterprises expanding in Vietnam and beyond, in line with its vision of becoming Asia's leading regional bank.
SOURCE Cathay United Bank
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