Proposal to extend compulsory state social insurance scheme to include foreigners working in Vietnam

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2 June 2017

Proposal to extend compulsory state social insurance scheme to include foreigners working in Vietnam

The Government has issued a draft decree proposing extension of the compulsory SI law to foreigners working in Vietnam.

Proposal to extend compulsory state social insurance scheme to include foreigners working in Vietnam

02/06/17

The Government has issued a draft decree proposing extension of the compulsory SI law to foreigners working in Vietnam.

E-invoices must be used by many businesses from January 2018

26/05/17

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.

Key changes to the mandatory social / health / unemployment insurance schemes

08/05/17

Recently, the Government issued some new regulations related to mandatory social/health/unemployment insurance schemes. Below are some of the notable changes.

Foreign Investors’ Rights under New Pharma Decree – Are we there yet?

19/05/17

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.

Draft Decree guiding the Law on Pharmacy

24/01/17

A new draft decree guiding the Law on Pharmacy would have far-reaching implications for the structuring and operations of pharmaceutical companies in Vietnam.

Representative Office Annual Operations Report

05/01/17

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”).

PwC (Vietnam) Limited: New legal entity’s name

30/05/17

The name of the legal entity PricewaterhouseCoopers (Vietnam) Limited has officially changed to PwC (Vietnam) Limited from 30 May 2017.

Cybersecurity alert: WannaCry ransomware attack

16/05/17

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.

Circular 28 amending and supplementing some articles of Circular 45 and Circular 147 on the management, use and depreciation of fixed assets

24/04/17

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.