Russell Bedford KTC Happy New Year 2023

KTC Audit compnay LTD. chúc mừng năm mới 2023

Dear Customers, Partners and Colleagues, We sincerely thank our customers, partners and colleagues for trusting, supporting and always accompanying RBK during the past year. On the occasion of the new year 2023 and welcome the Lunar New Year, RBK would like to wish you a new year full of peace and prosperity. Best regards, Russell […]

New policy update and news points 1-2023

Cập nhật chính sách mới 1-2023

I. NEW POLICY AND LAW DOCUMENTS: 1. 1. Resolution No: 01/NQ-CP of the Government, issued on January 6, 2023 on the main tasks and solutions to implement the socio-economic development plan, state budget estimates and improve business environment, enhance national competitiveness in 2023 2. Resolution No. 06/NQ-CP, issued by the Government on January 10, 2023 […]

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

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

RBK – 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

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 […]

Government supports businesses during the COVID-19 epidemic

The government supports businesses during the epidemic

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 training, healthcare, arts, sports… and […]

Revision to threshold on deductible interest expense

Revision to threshold on deductible interest expense

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 a summary of the significant […]

Application dossier for unemployment benefits

Application dossier for unemployment benefits

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 application dossiers for claiming unemployment […]

Decree 28/2020 on penalty for admin violations in labour areas

sanctioning administrative violations in labor

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: The Decree takes into effect from 15 April 2020.