New Resolution passed, Reducing Value added Tax rate from 10% down to 8% in 2022
On January 11, 2022, the National Assembly approved Resolution 43/2022/QH15 on fiscal and monetary policies to support the program of socio-economic recovery and development. The new resolution stated to reduce the value-added tax rate by 2% in 2022, applicable to groups of goods and services currently having the value-added tax rate of 10% (down to […]
RBK Update new regulations – September 2021
UPDATE NEW REGULATIONS RESOLUTION: Resolution 105/NQ-CP issued on 09 September 2021 (comes into force from 09 September 2021) – supporting businesses, cooperatives and business households in the COVID-19 epidemic DECISION: Decision 2166/QD-TCHQ issued on 04 August 2021 (comes into force from 04 August 2021 and cancels a number of articles of Decision 2999/QD-TCHQ dated 06 […]
KTC VietNam – Happy New Year 2022
Dear Our Beloved Client, Friends and Colleagues2021 is a year with many events and especially the heavy impact from the COVID-19 pandemic on the activities of businesses as well as Russell Bedford KTC (RBK) ourselves. More than anyone, we empathize and understand the difficulties that you and your businesses had endured in order to survive, […]
Doing business in Viet Nam
Despite pandemic measures, lockdowns, and travel restrictions, Vietnam has welcomed more than US$19.74 billion of foreign direct investment in 2021 With a solid vision for the future, Vietnam has created a concrete foundation to bounce back stronger in 2022 with a targeted GDP growth of between 6% to 6.5%. To help foreign investors capitalise on […]
