Important update: Decree 168/2025/ND-CP has just landed, and it makes the UBO disclosure requirement very real. Effective 1 July 2025, the Decree not only spells out who qualifies as an UBO but also rolls out the official forms enterprises must use.

As a follow-up to our previous tax alerts on Global Minimum Tax (GMT), we’d like to provide an update on Vietnam’s adoption of GMT.

As Vietnam continues its strong economic growth in recent years, updates to Social and Health insurance policies have become increasingly important in ensuring the well-being and benefits of employees nationwide.