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In line with the government’s ongoing efforts to improve the business environment, attract foreign investment, and promote economic growth, the Vietnamese National Assembly has recently adjusted numerous laws. These amendments aim to remove urgent i

On 26 November 2024, following the program of the 8th session of the 15th National Assembly, the amended Value Added Tax Law was officially passed, including significant changes which will take effect on 1 July 2025. The provision regarding the revenue th

Vietnam has become a compelling destination for business, standing out as a promising market despite global economic challenges. With a vibrant economy and growing opportunities, foreign companies have flourished and expanded, driving significant growth i

On June 11, 2024, the Ministry of Finance in Vietnam unveiled a new draft of the Corporate Income Tax (CIT) law for public consultation. This draft introduces significant changes designed to simplify the tax system and address various challenges encounter