On 8 April 2020, the Vietnam Government issued Decree 41/2020/ND-CP deferring certain payments for Value Added Tax (VAT), Corporate Income Tax (CIT), Personal Income Tax (PIT) and Government Land Rent for selected taxpayers, to support businesses in Vietn

From 1 July 2020, the laws surrounding the issuing of Temporary Residence Cards (TRC) for small investors in Vietnam change significantly. Foreign investors who currently hold (or are planning to hold) a TRC based upon their individual investment into a V

We discuss the Vietnamese Government’s requirements for Social Distancing and general “Shutdown” effective 1 April 2020 as it applies to businesses, along with updates for Tax Deferrals in Vietnam as likely to be enacted in coming days.

With companies active in Vietnam impacted by the current Covid-19 situation, and facing structural and operational complications., it is important to be able to maintain compliance and ensure their business continuity plan is sustainable. Therefore, busin

Vietnam has taken drastic measures in 2020 to limit the exposure and spread of Covid-19, limiting immigration and travel rights for foreign individuals entering the country, in order to maintain control.