On 28 May 2022, the Government released the Decree 34/2022/ND-CP (Decree 34) on payment deadline extension for Value Added Tax (VAT), Corporate Income Tax (CIT), Personal Income Tax (PIT), and land rental in 2022. This belongs to one of the financial and

Vietnam has emerged as one of Asia’s great success stories, backed by stable political system, commitment to sustainable growth, relatively low inflation, strong FDI inflows, youthful and digital population, and strong manufacturing sector. In addition, t

From 1 January 2022, foreign individuals working in Vietnam and their employers are required to fully participate in Vietnam’s compulsory Social Insurance program, resulting in an increase in the social insurance contributions for both employers and emplo

Enabled by the e-commerce rise in 2020 and 2021, Financial Technology became one of the fastest growing business sectors globally, with Vietnam at the forefront of Fintech growth. In the following insight, we present the scalability potential and the chal

 1. IntroductionSince the middle of 2021, the situation in Vietnam with the COVID-19 outbreak grew more complex, resulting in further difficulties for enterprises and foreign individuals.To assist wi

On 27 October 2021, the Government issued Decree 92/2021/ND-CP providing detailed regulations on implementation of Resolution 406/NQ-UBTVQH15 dated 19 October 2021, regarding several measures to support enterprises and people suffering COVID-19 impacts. T

The Vietnamese Government issued Decision 28/2021/QĐ-TTg (“Decision 28”) on 1 October 2021 to support employees and employers in Vietnam facing difficulties due to COVID-19, with financial aid and reductions in contributions for the Unemployment Insurance

Accessing foreign loans is a common practice for companies operating in Vietnam, where many foreign invested businesses are usually funded by part capital and part debt. The debt is generally provided by their parent entities or other financial insti