Vietnam News Briefs*
A periodic summary of new rulings and other legal documents relating to legal, tax and investment developments in Vietnam.
To sign up for our e-mail alerts on regulatory & tax changes, please contact Richard Irwin, Partner - Tax and Legal Services
News Briefs - 2012
7 February 2012 - Corporate Income Tax and transfer pricing annual compliance
Click here to download the English version
Click here to download the Vietnamese version
3 February 2012 - VAT refund for foreign visitors
Click here to download the English version
Click here to download the Vietnamese version
3 February 2012 - Additional CIT payment deferral
Click here to download the English version
Click here to download the Vietnamese version
1 February 2012 - Guidance on 2011 PIT finalisation
Click here to download the English version
Click here to download the Vietnamese version
1 February 2012 - Some legal updates on Vietnamese market entry by foreigners
Click here to download the English version
Click here to download the Vietnamese version
31 January 2012 - New customs tariff for 2012
Click here to download the English version
Click here to download the Vietnamese version
12 January 2012 - New decrees on SST, VAT and CIT
Click here to download the English version
Click here to download the Vietnamese version
News Briefs - 2011
29 December 2011 - CIT finalisation for 2011 for banks - deductibility of provision for loan losses
Click here to download the English version
Click here to download the Vietnamese version
12 December 2011 - New social insurance contribution rates for 2012 Labour Code compliance reviews
Click here to download the English version
Click here to download the Vietnamese version
28 November 2011 - Conditions to apply 0% VAT for in-country export
Click here to download the English version
Click here to download the Vietnamese version
18 November 2011 - Representative office annual report
Click here to download the English version
Click here to download the Vietnamese version
15 November 2011 - New guidance on foreigners working in Vietnam
Click here to download the English version
Click here to download the Vietnamese version
10 November 2011 - New decree on fiscal stimulus measures
Click here to download the English version
Click here to download the Vietnamese version
03 November 2011 - Exported services - conditions for VAT zero rating
Click here to download the English version
Click here to download the Vietnamese version
19 October 2011 - Simplified requirement on output VAT declaration applicable for banks
Click here to download the English version
Click here to download the Vietnamese version
18 October 2011 - Employment of foreign labour - new issues in Decree 46 on Foreigners working in Vietnam
Click here to download the English version
Click here to download the Vietnamese version
05 October 2011 - Emerging Opportunities - Financial Services Merger & Acquisition in Asia in 2011
Click here to download the English version
Click here to download the Vietnamese version
Click here to download the 2011 Asia Financial Services M&A Survey Report
22 September 2011 - DOUBLE TAX AGREEMENTS UPDATE - NOTIFICATION REQUIRED FOR CORPORATE INCOME TAX EXEMPTION
Click here for English version
Click here for Vietnamese version
05 September 2011 - FCWT IMPLICATION ON SUPPLY CONTRACTS WHERE DELIVERY POINT IS WITHIN THE TERRITORY OF VIETNAM
Click here for English version
Click here for Vietnamese version
05 September 2011 - CUSTOMS PROCEDURES FOR GOODS PROCESSED FOR FOREIGN TRADERS
Click here for English version
Click here for Vietnamese version
01 September 2011 - PROPOSED TAX REFORMS
Click here for English version
Click here for Vietnamese version
01 September 2011 - PwC Vietnam receives Deal Maker Country Award for 2011
Click here for English version
Click here for Vietnamese version
30 August 2011 - NEW DRAFT DECREE ON FISCAL STIMULUS MEASURES
Click here for English version
Click here for Vietnamese version
24 August 2011 - NEW REGIONAL MINIMUM SALARY EFFECTIVE FROM 1 OCTOBER 2011
Click here for English version
Click here for Vietnamese version
9 August 2011 - NATIONAL ASSEMBLY APPROVES FISCAL INCENTIVES FOR CORPORATE AND INDIVIDUAL TAXPAYERS
Click here for English version
Click here for Vietnamese version
8 August 2011 - SUPPORTING DOCUMENTS FOR INPUT VAT CLAIMS BY FOREIGN CONTRACTORS
Click here for English version
Click here for Vietnamese version
5 August 2011 - NEW CIRCULAR ON PIT
Click here for English version
Click here for Vietnamese version
21 July 2011 - WITHHOLDING TAX ON PURCHASE OF GOODS UNDER IN COUNTRY EXPORT/IMPORT ARRANGEMENTS
Click here for English version
Click here for Vietnamese version
15 July 2011 - SUPPORTING DOCUMENTS PROVING TAX RESIDENCY STATUS
Click here for English version
Click here for Vietnamese version
1 July 2011 - Expiry of CIT incentives for export enterprises
Click here for English version
Click here for Vietnamese version
29 June 2011 - NEW REGULATIONS ON FOREIGNERS WORKING IN VIETNAM
Veera Maenpaa, a Senior Associate of PwC Legal in HCMC, says that the new decree on foreigners working in Vietnam showcases the Government's stricter attitude towards work permit regulations and the policy to promote employment of Vietnamese instead of foreigners. She says it is an interesting space to watch, particularly when it comes to the cooperation between the Department of Labour and the Ministry of Public Security. For futher details, please click here for English version or here for Vietnamese version, or call Veera at 84 (8) 3823 0796 Ext 1517.
23 June 2011 - PIT EXEMPTION ON PAYMENT/ALLOWANCE FOR MEDICAL TREATMENT OF FATAL DISEASES
Click here for English version
Click here for Vietnamese version
22 June 2011 - FOREIGN TAX CREDIT CLAIMS
Click here for English version
Click here for Vietnamese version
13 June 2011 - PRICEWATERHOUSECOOPERS (“PWC”) VIETNAM RECEIVED CERTIFICATE OF MERIT FROM THE PRIME MINISTER
Click here for English version
Click here for Vietnamese version
7 June 2011 - FCWT on secondment agreements
Click here for English version
Click here for Vietnamese version
25 May 2011 - FATCA - A NON REFUNDABLE 30% US WITH HOLDING TAX ON PAYMENTS TO FINANCIAL INSTITUTIONS
Download: Registration form (PDF 42 KB)
25 May 2011 - DEADLINE FOR RE-REGISTRATION OF FOREIGN INVESTED ENTERPRISES
Click here for English version
Click here for Vietnamese version
19 May 2011 - INFORMATION PROVISION OF ENTERPRISES LOCATED IN HO CHI MINH CITY
Click here for English version
Click here for Vietnamese version
11 May 2011 - NEW CIRCULAR ON TAX ADMINISTRATION
Click here for English version
Click here for Vietnamese version
10 May 2011 - IMPORT DUTY REFUND
Click here for English version
Click here for Vietnamese version
10 May 2011 - CIT PAYMENT DEFERRAL
Click here for English version
Click here for Vietnamese version
10 May 2011 - MID-SHIFT MEAL ALLOWANCE
Click here for English version
Click here for Vietnamese version
21 April 2011 - NEW CIRCULAR ON ISSUING CERTIFICATE OF ORIGIN
Click here for English version
Click here for Vietnamese version
13 April 2011 - FURTHER GUIDANCE ON PIT COMPLIANCE FOR FOREIGNERS
Click here for English version
Click here for Vietnamese version
11 April 2011 - 2011 CIT PAYMENT DEFERRAL
Click here for English version
Click here for Vietnamese version
6 April 2011 - GUIDANCE ON INVOICES
Click here for English version
Click here for Vietnamese version
5 April 2011 - COMMON MINIMUM SALARY TO INCREASE FROM 1 MAY 2011
Click here for English version
Click here for Vietnamese version
28 March 2011 - ELECTRONIC INVOICES
Click here for English version
Click here for Vietnamese version
21 March 2011 - NEW GUIDANCE FOR IN-COUNTRY EXPORT-IMPORT IN VIETNAM
Click here for English version
Click here for Vietnamese version
17 March 2011 - GUIDANCE ON ALLOCATION OF INPUT VAT BY BANKS BEFORE 200
Click here for English version
Click here for Vietnamese version
7 March 2011 - LAW ON THE PROTECTION OF CONSUMERS’ RIGHTS
Click here for English version
Click here for Vietnamese version
7 March 2011 - CORPORATE INCOME TAX AND TRANSFER PRICING ANNUAL COMPLIANCE
Click here for English version
Click here for Vietnamese version
1 March 2011 - GUIDANCE ON NEW CIT CIRCULAR
Click here for English version
Click here for Vietnamese version
24 February 2011 - NEW GUIDANCE ON PIT
Click here for English version
Click here for Vietnamese version
22 February 2011 - GUIDANCE ON 2010 CIT FINALISATION
Click here for English version
Click here for Vietnamese version
14 February 2011 - 2011 MONTHLY PIT DECLARATION AND 2010 PIT FINALISATION
Click here for English version
Click here for Vietnamese version
8 February 2011 - 2011 MONTHLY PIT DECLARATIONS
Click here for English version
Click here for Vietnamese version
28 January 2011 - CORPORATE INCOME TAX AND TRANSFER PRICING ANNUAL COMPLIANCE
Click here for English version
Click here for Vietnamese version
14 January 2011 - REMINDER - BUSINESS LICENSING TAX
Click here for English version
Click here for Vietnamese version
5 January 2011 - UPDATE ON PIT FILING FOR VIETNAMESE WORKING OVERSEAS
Click here for English version
Click here for Vietnamese version
News Briefs - 2010
30 December 2010 - AN UPDATE ON FCWT APPLICABLE TO TRAINING SERVICES
30 December 2010 - AN UPDATE ON SUBSTITUTE SUPPORTING DOCUMENTS
10 December 2010 - GUIDANCE ON PROFIT REMITTANCE
Click here for English version
Click here for Vietnamese version
10 December 2010 - UPDATE ON PIT AND IMMIGRATION DEVELOPMENTS
Click here for English version
Click here for Vietnamese version
9 December 2010 - Third country re-invoicing under the ASEAN-China Free Trade Agreement
Click here for English version
Click here for Vietnamese version
8 December 2010 - GOODS SENT BY COURIER TO BE EXEMPT FROM IMPORT DUTIES
Click here for English version
Click here for Vietnamese version
8 December 2010 - REPRESENTATIVE OFFICES ANNUAL REPORT REMINDER
Click here for English version
Click here for Vietnamese version
8 December 2010 - VAT APPLICABLE TO CREDIT AND GUARANTEE ACTIVITIES
Click here for English version
Click here for Vietnamese version
24 November 2010 - CIT INCENTIVES FOR EXPORT PROCESSING ENTERPRISES (“EPEs”)
Click here for English version
Click here for Vietnamese version
3 November 2010 - TAX RESIDENCY STATUS OF VIETNAMESE INDIVIDUALS WORKING OVERSEAS
Click here for English version
Click here for Vietnamese version
26 October 2010 - FORM USED FOR CORPORATE INCOME TAX (“CIT”) DECLARATION FOR HYBRID FOREIGN CONTRACTORS (“FCs”)
Click here for English version
Click here for Vietnamese version
13 October 2010 - NEW GUIDANCE ON PRICING CONTROLS
Click here for English version
Click here for Vietnamese version
8 October 2010 - NEW GUIDANCE ON CERTAIN PROVISIONS OF THE LAW ON ENTERPRISES
Click here for English version
Click here for Vietnamese version
6 October 2010 - APPLICATION OF HYBRID METHOD TO FOREIGN CONTRACTORS ("FCs")
Click here for English version
Click here for Vietnamese version
5 October 2010 - ANNUAL SUBMISSION OF TRANSFER PRICING DECLARATION FORM
Click here for English version
Click here for Vietnamese version
4 October 2010 - NEW DRAFT DECREE ON RETAILING
Click here for English version
Click here for Vietnamese version
30 September 2010 - VAT TREATMENT OF BANKING SERVICES
Click here for English version
Click here for Vietnamese version
24 September 2010 - GUIDANCE ON PIT CALCULATION METHODOLOGY
Click here for English version
Click here for Vietnamese version
23 September 2010 - CIT AND PIT TREATMENT OF GAINS UPON SALE OF SHARES JOINT STOCK COMPANIES (JSCs)
Click here for English version
Click here for Vietnamese version
17 September 2010 - 25% CIT APPLIED TO PROFITS DISTRIBUTED BY INVESTMENT FUNDS
Click here for English version
Click here for Vietnamese version
16 September 2010 - GUIDANCE ON PIT ISSUES
Click here for English version
Click here for Vietnamese version
16 September 2010 - REQUIREMENTS FOR REMITTANCES BY FOREIGN CONTRACTORS
Click here for English version
Click here for Vietnamese version
5 August 2010 - INPUT VAT CREDIT FOR EMPLOYEES’ HOUSE RENT
Click here for English version
Click here for Vietnamese version
16 July 2010 - ADDITIONAL GUIDANCE ON TEMPORARY VAT REFUND FOR EXPORTED GOODS
Click here for English version
Click here for Vietnamese version
5 July 2010 - NEW GUIDANCE ON VAT REFUNDS FOR IMPORTED FIXED ASSETS
1 July 2010 - CHECKLIST - EXPATRIATE MOVEMENTS
23 June 2010 - FURTHER GUIDANCE ON 2009 CIT FINALISATION
6 June 2010 - 2nd EXTENSION OF 2009 PERSONAL INCOME TAX “PIT” DEADLINE
2 June 2010 - TAX TREATMENT OF INTEREST INCOME/ EXPENSE AND FOREIGN EXCHANGE GAINS/ LOSSES
19 May 2010 - TAX INVESTIGATIONS IN HO CHI MINH CITY
11 May 2010 - NEW GUIDELINES ON TRANSFER PRICING
06 May 2010 - CHANGE IN WITHHOLDING TAX RATE ON INTEREST OF BONDS AND CERTIFICATES OF DEPOSIT
16 April 2010 - 2009 PIT OVERPAYMENTS
15 April 2010 - PIT TREATMENT ON PRE-ASSIGNMENT AND POST-ASSIGNMENT INCOME
5 April 2010 - TAXABLE INCOME WITH RESPECT TO GAINS FROM REVALUATION OF FIXED ASSETS
5 April 2010 - CUSTOMISED PIT RECEIPT
2 April 2010 - COMMON MINIMUM SALARY TO INCREASE FROM 1 MAY
2 April 2010 - NEW CIRCULAR ON 2010 CIT PAYMENT DEFERRAL
26 March 2010 - MANAGEMENT OF EXPATRIATES IN VIETNAM
24 February 2010 - 2010 CIT PAYMENT DEFERRAL
12 February 2010 - GUIDANCE ON 2009 PIT FINALISATION
10 February 2010 - GUIDANCE ON 2009 CIT FINALISATION
9 February 2010 - VIETNAM ACCOUNTING SYSTEM (“VAS”) COMPLIANCE
9 February 2010 - NEW FORMS FOR PERSONAL INCOME TAX (“PIT”) DECLARATION
29 January 2010 - INTEREST INCOME DURING CIT INCENTIVE PERIOD
25 January 2010 - INTEREST RATE SWAP WHT RATES
19 January 2010 - Tax Treatment of Foreign exchange gains/ losses
15 January 2010 - New Decree on Oil and Gas
15 January 2010 - Guidance on 2009 Personal Income Tax Finalisation
News Briefs - 2009
News Briefs - 2008
- Richard J. Irwin
- Partner - Tax and Legal Services
- Ho Chi Minh City
- Tel: +84 8 3823 0796, Ext 4880
- Fax: +84 8 3825 1947
