Vietnam NewsBriefs*
View this page in: Tiếng ViệtA periodic summary of new rulings and other legal documents relating to legal, tax and investment developments in Vietnam.
To sign up for our email alerts on regulatory & tax changes, please contact Richard J Irwin, Partner - Tax and Legal Services
NewsBriefs - 2013
23 May 2013 - New Circular on depreciation of fixed assets
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14 May 2013 - New Circular 08 - Retail activities - more information on Economic Needs Test
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7 May 2013 - PwC Vietnam receives Prime Minister's Certificate of Merit for tax consulting
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26 April 2013 - New Circular on unemployment insurance
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5 April 2013 - The need for environmental and social governance in stock exchanges
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3 April 2013 - New Circular 13 on enterprise registration
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27 March 2013 - Delivering better business results through talent
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27 February 2013 - Fiscal stimulus measures for 2013
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4 February 2013 - E-commerce - a largely untapped opportunity in Vietnam
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23 January 2013 - 2012 Personal Income Tax (“PIT”) Finalisation
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16 January 2013 - Draft decrees guiding new Law on Trade Unions and new Labour Code
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16 January 2013 - Fiscal stimulus measures for 2013
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9 January 2013 - Amended Law on Tax Administration effective from 1 July 2013
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9 January 2013 - PIT treatment of airfares and accommodation for certain non-resident employees
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8 January 2013 - Finance Function - Are you the business partner that your organisation is looking for?
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4 January 2013 - Capturing value through effective integration of people
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NewsBriefs - 2012
25 December 2012 - Conversion of Corporate Income Tax ("CIT") incentives
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21 December 2012 - Foreign contractor withholding tax update
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19 December 2012 - VAT exemption for interest paid to non-banks
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10 December 2012 - New regional minimum salaries from January 2013
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05 December 2012 - Representative Office Annual Operations Report
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22 November 2012 - Personal Income Tax changes in 2013
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22 November 2012 - Foreign Contractor Withholding Tax collection
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15 November 2012 - New rules on accounting for retrenchment allowance provisions and foreign exchange differences
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5 November 2012 - South East Asia – Investment Opportunities, Tax & Other Incentives
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30 October 2012 - A further 3-month payment deferral for June 2012 Value Added Tax
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18 October 2012 - Tightened tax control on enterprises
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15 October 2012 - Import-export rights of foreign traders that do not have a permanent establishment in Vietnam
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10 October 2012 - Is HR working for your business?
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9 October 2012 - Update on Value Added Tax (“VAT”) on interest paid to non-banks
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21 September 2012 - Stock/shares awarded to Vietnamese employees
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20 September 2012 - Guidance on fiscal stimulus measures
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19 September 2012 - Temporary suspension on importation of used machinery, equipment and technology lines
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17 September 2012 - Important changes proposed to the Double Taxation Agreement between Vietnam and Singapore
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11 September 2012 - How are you managing the rising costs of people?
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6 September 2012 - Personal Income Tax exemption under Double Taxation Agreement
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5 September 2012 - Law on anti-money laundering
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31 August 2012 - Restrictions on the goods which can be purchased by foreign-owned export processing enterprises
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21 August 2012 - Foreign tax credit for PIT purposes
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20 August 2012 - Stricter controls over foreigners working in Vietnam
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14 August 2012 - Update on Value Added Tax invoices quoting foreign currency
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7 August 2012 - New law on prices
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7 August 2012 - New circular on Corporate Income Tax
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12 July 2012 - Allowances for overseas business trip
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10 July 2012 - Draft Decree guiding the Investment Law
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9 July 2012 - Interpretation of permanent establishment for VAT zero-rating purposes
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5 July 2012 - Value Added Tax on interest paid to foreign lenders
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4 July 2012 - Tax code registration for contractors
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25 June 2012 - Tax cuts and proposal for more changes in 2013
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20 June 2012 - New laws
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12 June 2012 - Contractor licences and management of foreign contractors in Vietnam
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31 May 2012 - Legal update on draft new foreign exchange regulations
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30 May 2012 - New Circular on Foreign Contractor Withholding Tax
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28 May 2012 - Further update on tax incentives for SMEs
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17 May 2012 - Registration of tax code for Foreign Contractor Withholding Tax purposes
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15 May 2012 - Tax incentives for SMEs
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13 April 2012 - Common minimum salary from 1 May 2012
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13 April 2012 - Tax implications of VAT invoices denominated in foreign currency
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10 April 2012 - Proposed changes of the Law on Personal Income Tax
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29 March 2012 - Additional requirement on CIT payment deferral
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29 March 2012 - Changes to granting and taking security
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16 March 2012 - New circular on VAT
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17 February 2012 - VAT on lending by non-banks
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17 February 2012 - Environment protection tax
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16 February 2012 - Export duty exemption for construction materials taken from domestic market into non-tariff zone
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7 February 2012 - Corporate Income Tax and transfer pricing annual compliance
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3 February 2012 - VAT refund for foreign visitors
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3 February 2012 - Additional CIT payment deferral
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1 February 2012 - Guidance on 2011 PIT finalisation
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1 February 2012 - Some legal updates on Vietnamese market entry by foreigners
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31 January 2012 - New customs tariff for 2012
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12 January 2012 - New decrees on SST, VAT and CIT
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NewsBriefs - 2011
29 December 2011 - CIT finalisation for 2011 for banks - deductibility of provision for loan losses
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12 December 2011 - New social insurance contribution rates for 2012 Labour Code compliance reviews
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28 November 2011 - Conditions to apply 0% VAT for in-country export
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18 November 2011 - Representative office annual report
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15 November 2011 - New guidance on foreigners working in Vietnam
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10 November 2011 - New decree on fiscal stimulus measures
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03 November 2011 - Exported services - conditions for VAT zero rating
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19 October 2011 - Simplified requirement on output VAT declaration applicable for banks
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18 October 2011 - Employment of foreign labour - new issues in Decree 46 on Foreigners working in Vietnam
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05 October 2011 - Emerging Opportunities - Financial Services Merger & Acquisition in Asia in 2011
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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
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05 September 2011 - FCWT IMPLICATION ON SUPPLY CONTRACTS WHERE DELIVERY POINT IS WITHIN THE TERRITORY OF VIETNAM
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05 September 2011 - CUSTOMS PROCEDURES FOR GOODS PROCESSED FOR FOREIGN TRADERS
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01 September 2011 - PROPOSED TAX REFORMS
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01 September 2011 - PwC Vietnam receives Deal Maker Country Award for 2011
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30 August 2011 - NEW DRAFT DECREE ON FISCAL STIMULUS MEASURES
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24 August 2011 - NEW REGIONAL MINIMUM SALARY EFFECTIVE FROM 1 OCTOBER 2011
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9 August 2011 - NATIONAL ASSEMBLY APPROVES FISCAL INCENTIVES FOR CORPORATE AND INDIVIDUAL TAXPAYERS
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8 August 2011 - SUPPORTING DOCUMENTS FOR INPUT VAT CLAIMS BY FOREIGN CONTRACTORS
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5 August 2011 - NEW CIRCULAR ON PIT
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21 July 2011 - WITHHOLDING TAX ON PURCHASE OF GOODS UNDER IN COUNTRY EXPORT/IMPORT ARRANGEMENTS
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15 July 2011 - SUPPORTING DOCUMENTS PROVING TAX RESIDENCY STATUS
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1 July 2011 - Expiry of CIT incentives for export enterprises
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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
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22 June 2011 - FOREIGN TAX CREDIT CLAIMS
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13 June 2011 - PRICEWATERHOUSECOOPERS (“PWC”) VIETNAM RECEIVED CERTIFICATE OF MERIT FROM THE PRIME MINISTER
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7 June 2011 - FCWT on secondment agreements
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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
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19 May 2011 - INFORMATION PROVISION OF ENTERPRISES LOCATED IN HO CHI MINH CITY
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11 May 2011 - NEW CIRCULAR ON TAX ADMINISTRATION
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10 May 2011 - IMPORT DUTY REFUND
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10 May 2011 - CIT PAYMENT DEFERRAL
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10 May 2011 - MID-SHIFT MEAL ALLOWANCE
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21 April 2011 - NEW CIRCULAR ON ISSUING CERTIFICATE OF ORIGIN
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13 April 2011 - FURTHER GUIDANCE ON PIT COMPLIANCE FOR FOREIGNERS
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11 April 2011 - 2011 CIT PAYMENT DEFERRAL
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6 April 2011 - GUIDANCE ON INVOICES
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5 April 2011 - COMMON MINIMUM SALARY TO INCREASE FROM 1 MAY 2011
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28 March 2011 - ELECTRONIC INVOICES
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21 March 2011 - NEW GUIDANCE FOR IN-COUNTRY EXPORT-IMPORT IN VIETNAM
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17 March 2011 - GUIDANCE ON ALLOCATION OF INPUT VAT BY BANKS BEFORE 200
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7 March 2011 - LAW ON THE PROTECTION OF CONSUMERS’ RIGHTS
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7 March 2011 - CORPORATE INCOME TAX AND TRANSFER PRICING ANNUAL COMPLIANCE
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1 March 2011 - GUIDANCE ON NEW CIT CIRCULAR
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24 February 2011 - NEW GUIDANCE ON PIT
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22 February 2011 - GUIDANCE ON 2010 CIT FINALISATION
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14 February 2011 - 2011 MONTHLY PIT DECLARATION AND 2010 PIT FINALISATION
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8 February 2011 - 2011 MONTHLY PIT DECLARATIONS
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28 January 2011 - CORPORATE INCOME TAX AND TRANSFER PRICING ANNUAL COMPLIANCE
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14 January 2011 - REMINDER - BUSINESS LICENSING TAX
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5 January 2011 - UPDATE ON PIT FILING FOR VIETNAMESE WORKING OVERSEAS
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NewsBriefs - 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
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10 December 2010 - UPDATE ON PIT AND IMMIGRATION DEVELOPMENTS
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9 December 2010 - Third country re-invoicing under the ASEAN-China Free Trade Agreement
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8 December 2010 - GOODS SENT BY COURIER TO BE EXEMPT FROM IMPORT DUTIES
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8 December 2010 - REPRESENTATIVE OFFICES ANNUAL REPORT REMINDER
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8 December 2010 - VAT APPLICABLE TO CREDIT AND GUARANTEE ACTIVITIES
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24 November 2010 - CIT INCENTIVES FOR EXPORT PROCESSING ENTERPRISES (“EPEs”)
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3 November 2010 - TAX RESIDENCY STATUS OF VIETNAMESE INDIVIDUALS WORKING OVERSEAS
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26 October 2010 - FORM USED FOR CORPORATE INCOME TAX (“CIT”) DECLARATION FOR HYBRID FOREIGN CONTRACTORS (“FCs”)
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13 October 2010 - NEW GUIDANCE ON PRICING CONTROLS
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8 October 2010 - NEW GUIDANCE ON CERTAIN PROVISIONS OF THE LAW ON ENTERPRISES
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6 October 2010 - APPLICATION OF HYBRID METHOD TO FOREIGN CONTRACTORS ("FCs")
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5 October 2010 - ANNUAL SUBMISSION OF TRANSFER PRICING DECLARATION FORM
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4 October 2010 - NEW DRAFT DECREE ON RETAILING
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30 September 2010 - VAT TREATMENT OF BANKING SERVICES
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24 September 2010 - GUIDANCE ON PIT CALCULATION METHODOLOGY
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23 September 2010 - CIT AND PIT TREATMENT OF GAINS UPON SALE OF SHARES JOINT STOCK COMPANIES (JSCs)
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17 September 2010 - 25% CIT APPLIED TO PROFITS DISTRIBUTED BY INVESTMENT FUNDS
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16 September 2010 - GUIDANCE ON PIT ISSUES
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16 September 2010 - REQUIREMENTS FOR REMITTANCES BY FOREIGN CONTRACTORS
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5 August 2010 - INPUT VAT CREDIT FOR EMPLOYEES’ HOUSE RENT
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16 July 2010 - ADDITIONAL GUIDANCE ON TEMPORARY VAT REFUND FOR EXPORTED GOODS
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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
NewsBriefs - 2009
NewsBriefs - 2008
- Richard J. Irwin
- Partner, Tax and Legal Services
- Ho Chi Minh City
- Tel: +84 8 3824 0117
- Fax: +84 8 3825 1947
