RBK Update-December 2020
UPDATE NEW REGULATIONSDECREE:⦁ 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...
New Updates of Law on Enterprises 2020
On 17 June 2020, the National Assembly had issued Law on Enterprises No. 59/2020/QH14 (“EL 20”) replacing Law on Enterprises No. 68/2014/QH13 (“EL 14”). EL 20 is effective from 1 January 2021 with the main points as below:1. Changing the...
Concerns Over ERP System and Real Solutions For ERP
ERP system is a management software system which not only has a numerous effect in business, human resources, warehouse, finance ... but also helps the enterprise manage general operations, thereby saving a lot of time and increasing working efficiency.Many benefits...
Roadmap to apply the Vietnamese Financial Reporting Standards (VFRS) in alignment with IFRS
On 16 March 2020, the Ministry of Finance issued Decision No. 345/QĐ-BTC approving a scheme to apply financial reporting standards in Vietnam. For detailed objectives and roadmaps, please click here.