A periodic summary of new rulings and other legal documents relating to legal, tax and investment developments in Vietnam.
In order to enhance the use of e-invoices, the Ministry of Finance is drafting a decree to provide more up-to-date and consistent guidance on e-invoices.
Recently, the Government issued some new regulations related to mandatory social/health/unemployment insurance schemes. Below are some of the notable changes.
The draft Circular providing guidance to Decree 20 has been released for public comment.
Vietnam’s New Pharma Decree opens the door for foreign-invested pharmaceutical companies to actually exercise their long-time awaited import rights. This note sets out the key changes.
A new draft decree guiding the Law on Pharmacy would have far-reaching implications for the structuring and operations of pharmaceutical companies in Vietnam.
According to Decree 07/2016/ND-CP dated 25 January 2016, representative offices (“ROs”) of foreign companies in Vietnam are required to submit an annual operations report on their activities (“Report”).
After being released for two days, the WannaCry ransomware had attacked more than 200,000 victims in 150 countries worldwide, as reported by European police on 14 May 2017.
On 12 April 2017, the Ministry of Finance (“the MoF”) issued Circular No. 28/2017/TT-BTC (“Circular 28”), which amends and supplements some articles of Circular No. 45/2013/TT-BTC (“Circular 45”) dated 25 April 2013 and Circular 147/2016/TT-BTC (“Circular 147”) dated 13 April 2016 guiding regulation on the management, use and depreciation of fixed assets. Circular 28 has been effective from 26 May 2017 and is applicable for the fiscal year 2016 onwards.
Within the scope of PwC’s 20th Annual Global CEO Survey, we have released the Asset and Wealth Management industry key findings called “Asset and Wealth Management : a new era of growth, disruption and opportunity”. The findings were based on interviews with 185 Asset & Wealth Management CEOs in 45 countries and in-depth interviews with FS clients.