Vietnam Approves Tax System Reform Strategy to 2030
Vietnam approved the tax system reform strategy until 2030. Vietnam Briefing highlights the main features including various tax implementation strategies
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The authorities approve a 2% VAT reduction on applicable goods and services starting with February 2
In 2021, the situation in Vietnam regarding the COVID-19 outbreak grew more complex and negatively affected trade and production activities across the country, resulting in slow economic growth in 2021. To support the socio-economic development recovery p
Foreign loans in Vietnam: regulations and important provisions
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
Decision 23 providing regulations on implementation of policies to support businesses and individual
Facing a complicated stage of the COVID-19 pandemic in Vietnam, which is significantly impacting businesses and people’s lives, the Vietnamese Government has commenced supporting actions in response to the situation through issuing a number of regul
Decree 57 on favourable CIT provisions applied to supporting industry projects
Decree No. 57/2021/ND-CP issued on 4th of June 2021 took immediate effect and supplements Article 20, point 2, of Decree No. 218/2013/ND-CP and covers favourable CIT provisions applied to supporting industry projects, under certain conditions.
Restrictions and Conditional Provisions for Foreign Investors in Vietnam
As globalisation advances, Vietnam is increasingly recognised as an attractive and feasible destination for foreign investors to expand or establish operations. Although Vietnam is generally open and welcoming for foreign investment, investors are often u
投资越南的Quang Nam Province -3个竞争因素
Quang Nam Province位于越南中部，正在成为一个受欢迎的Destinat
Decree covering foreign individuals working in Vietnam and work permit provisions
Decree 152/2020/ND-CP (“Decree 152”) was recently released by the Vietnamese Government, coming into effect from 15 February 2021, and covers foreign individuals working in Vietnam, along with Vietnamese employed by certain foreign employers. This Decree
Vietnam Approves Labor Code for 2021
Vietnam amended and approved its labor code for 2021. Vietnam Briefing highlights key provisions and the impact on employers in Vietnam.
Vietnam Approves Corporate Income Tax Reduction for 2020
Vietnam approved a 30 percent corporate income tax reduction for 2020, which will help boost cash flow for businesses affected by COVID-19.
Accounting for Provisions in Vietnam (Circular 48/2019)
On 8 August 2019, the Ministry of Finance issued Circular 48/2019/TT-BTC (Circular 48)providing guidance on the accounting and tax treatment of provisions for devaluation of inventories, losses on investments, doubtful debts and warranties for products, s
