
Vietnam Speeds Up Tax Code Closures for Inactive Firms
Vietnam's Tax Department has recently issued Decision 595/QD-CT to speed up the processing of unresolved tax code closures.
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Vietnam's Tax Department has recently issued Decision 595/QD-CT to speed up the processing of unresolved tax code closures.

Vietnam's Tax Department has recently issued Decision 595/QD-CT to speed up the processing of unresolved tax code closures.

For many leaders, the real challenge isn't market entry or strategy but understanding how to work effectively with Vietnamese teams.

Vietnam will implement a system of digital ID codes for properties from March 1, 2026, to improve transparency and real estate management.

Vietnam’s tax codes identify taxpayers and determine tax liability. We discuss changes under Circular 86, in effect from February 6, 2025.

Changes to Vietnam’s personal tax code under Circular 86 will be implemented in a phased approach starting February 6, 2025. Details here.

Vietnam amended and approved its labor code for 2021. Vietnam Briefing highlights key provisions and the impact on employers in Vietnam.
On November 20, 2019, the National Assembly adopted the Labour Code No. 45/2019/QH14 (“Labour Code 2019”). The Labour Code 2019 will come into effect on 1 January 2021.
The National Assembly of Vietnam adopted the Labour Code 45/2019/QH14 (“New Labour Code 2019”) on 20 November 2019, and which will be effective from 1 January 2021. After many rounds of negotiations, the updated New Labour Code 2019 seeks to harmonise int