The Vietnamese government is considering measures to support businesses to overcome difficulties During the Covid19 epidemic period, on March 26, 2020, the Ministry of Finance submitted to the Government support for businesses in industries affected by the epidemic such as Agriculture, Transport, Garment, Manufacturing, and epidemics. catering/accommodation/food production, Education and

On 24 June 2020, the Government had issued Decree 68/2020/NĐ-CP (“Decree 68”) revising, amending Clause 3, Article 8 of Decree 20/2017/NĐ-CP (“Decree 20”) on tax administration applicable for enterprise having related party transactions Decree 68 is effective from the signing date and applied from the tax year 2019. Below is

During the period when the COVID-19 epidemic casts a shadow over the economics in all industries in Vietnam, many workers suffered unemployment when factories endured lack of supply, cutting contracts by customers …. The Law on Employment of Vietnam takes effect from 2015 and Decree 28/2015 / ND-CP stipulate the

The Decree No. 28/2020/ND-CP dated 1 March 2020 of the Government regulates penalties for administrative violations in the fields of labor, social insurance, and overseas manpower supply under contract. The main points are as below: Pay wages lower than the regional minimum wage will be fined up to VND75 million.

UPDATE NEW REGULATIONS DECREE: ⦁ Decree No.126/2020/ND-CP detailing several articles of the Law on Tax Administration, issued October 9, 2020, takes effect from December 5, 2020..⦁ Decree No.132/2020/ND-CP on tax administration for enterprises with associated transactions, issued on November 5, 2020, takes effect from December 20, 2020, and applies from

On June 2, 2020, the National Assembly Standing Committee issued Resolution 954/2020/UBTVQH14 on adjusting and increasing the deduction for personal income tax from 9 to 11 million dong. Specifically, the adjustment of the deduction for family circumstances specified in the Law on Personal Income Tax 2007 and the revised Personal