Hotline: Hà Nội Office: 024 7306 8788 | HCM City Office: 0974 589 163

Update new regulations and newsletter 7-2021

RBK newsletter 7-2021
UPDATE NEW REGULATIONS

RESOLUTION:

– Resolution 68/NQ-CP issued on 01 July 2021 – On certain policies to support employees and employers in difficulty due to the covid-19 pandemic

NEWSLETTER 7 – 2021

– Resolution 68/NQ-CP issued on 01 July 2021 – On certain policies to support employees and employers in difficulty due to the covid-19 pandemic

1. Reduction in insurance premiums for occupational accidents and diseases:

Employers are entitled to a premium rate of 0% of the salary fund as the basis for paying social insurance premiums to the Insurance Fund for Occupational Accidents and Diseases for 12 months (from 01 July 2021 to 30 June 2022) for employees eligible for occupational accident and disease insurance (except for officials, public employees, people in the people’s armed forces, employees in the agencies of the Party, the State, administrative agencies, public sector entities on the payroll of the state budget). The employer will provide the monetary support obtained from the reduction in premiums to the Insurance fund for occupational accidents and diseases for the employees in order to combat the COVID-19 pandemic

Therefore, the compulsory Social insurance (SI) premiums from 01 July 2021 to 30 June 2022 for the Retirement and survivorship fund, Sickness and maternity fund, Occupational accident and disease fund; Unemployment insurance (UI), health insurance (HI) for employees (except as above) and employers as follows:

Resolution 68/NQ-CP issued on 01 July 2021 – On certain policies to support employees and employers in difficulty due to the covid-19 pandemic

* For Vietnamese employee:

Resolution 68/NQ-CP issued on 01 July 2021 – On certain policies to support employees and employers in difficulty due to the covid-19 pandemic

2. Suspension of contributions to the retirement and survivorship fund:

Regarding employers who have fully paid social insurance premiums or are temporarily suspending contributions to the retirement and survivorship fund until the end of April 2021 but have been affected by the COVID-19 pandemic, resulting in a downsizing of at least 15% employees who have contributed to social insurance compared to April 2021 (including the employees on furlough, suspension of employment contracts, and unpaid leave), the employees and the employers are entitled to a 6-month suspension of payment to the retirement and survivorship fund from the date of application submission. As for a case on the payment suspension under the Resolution No. 42/NQ-CP of 09 April 2020 and Resolution No. 154/NQ-CP of 19 October 2020 of the Government, if the applicant is still qualified, the application will be approved as long as the suspension period does not exceed 12 months.

Resolution 68/NQ-CP issued on 01 July 2021 – On certain policies to support employees and employers in difficulty due to the covid-19 pandemic

3. Loan policy to pay furlough wages, wages for production recovery:

a)Loan to pay furlough wages: The employer is entitled to borrow a loan from the Bank for Social Policies at the interest rate of 0% and is not required to furnish a loan security to pay furlough wages to the employees who have contributed to compulsory social insurance and have been put on furlough for 15 consecutive days or more as prescribed in Clause 3, Article 99 of the Labor Code, from 01 May 2021 to the end of 31 March 2022 The employer must have no bad debt at any credit institution and foreign bank branch at the time of applying for a loan. The maximum loan amount is equal to the regional minimum wage for the number of employees according to the actual payment period of furlough wages but not exceeding 03 months. The loan term is less than 12 months.

Resolution 68/NQ-CP issued on 01 July 2021 – On certain policies to support employees and employers in difficulty due to the covid-19 pandemic

4. Loan policy to pay furlough wages, wages for production recovery (Continued): b) Loan to pay wages for production recovery: The employer is entitled to borrow a loan from the Bank for Social Policies at the interest rate of 0% and is not required to furnish a loan security to pay wages to the employees who have worked under employment contracts and have contributed to compulsory social insurance if it resumes the business after suspending operations at the request of the competent authority to prevent and control the COVID-19 pandemic, from 01 May 2021 to the end of 31 March 2022 and its line of business is in the field of transportation, aviation, tourism, accommodation services, sending Vietnamese workers to work abroad under a contract from 01 May 2021 to the end of 31 March 2021 The employer must have no bad debt at any credit institution and foreign bank branch at the time of applying for a loan The loan term is less than 12 months. The loan term is less than 12 months.

HOW CAN WE HELP YOU?

Please contact us via the nearest office to you. Or you can fill in the contact form and send to us for our consulting.

Brochures

You can download our brochure for more information about our services

We are proud to have a team of experienced consultants, with excellent background knowledge, to be a solid support for customers.

RBKTC
Gallery of Russell Bedford KTC

Ha Noi Office

Ho Chi Minh Office

NGUYEN DIEP QUYNH NHU

SENIOR MANAGER – ACCOUNTING & TAX SERVICES

Work experience: More than 10 years of experience in accounting and tax services for many Vietnamese and FDI companies.

Professional area: Accounting, Tax, Payroll.

Education: CA Vietnam, Master of Finance & Banking – University of Finance & Marketing, Ho Chi Minh City; Bachelor of Corporate Finance – University of Economics – Ho Chi Minh City.

Phone: +84 973 537 189

Email: nhu.ndq@ezaacountancy.com

TRAN THI LANH

SENIOR MANAGER – AUDIT & ASSURANCE

Work experience: More than 10 years.
Professional areas: Audit, Internal Audit & Due Diligence.
Education: CPA (Vietnam), ACCA (UK), Bachelor Degree from the National Economics University.

Phone: +84 973 649 262

Email: lanh.thi.tran@ktcvietnam.com

VO TUAN ANH

SENIOR MANAGER – AUDIT & ADVISORY SERVICES

Mr. Tuan Anh is a Senior Manager in our Audit and Advisory Services department, with over fifteen (15) years of experience at international audit firms such as BDO and Nexia. He has been involved in numerous advisories, financial due diligence for various local and foreign small and medium-sized enterprises (SMEs), including Golden Healthcare, Cereus, P.A.C.C, and Genfive. Tuan Anh holds a Bachelor’s degree in Accounting from the University of Economics Ho Chi Minh City and is currently pursuing a Master’s degree in Accounting at the Ho Chi Minh City University of Technology. He is a Certified Public Accountant of Vietnam (Vietnam CPA) and also holds a Tax Agent Certificate issued by the Vietnamese Ministry of Finance

 

Phone:

Email: anhtuanvo@ktcvietnam.com

NGUYỄN TRỌNG KHIÊM

SENIOR CONSULTING MANAGER

Khiem is a senior manager of our successful advisory department which has more than fifteen (15) years of experience; involved in various projects for small and medium Vietnamese and foreign enterprises such as MVillage, DI Central, MOL, ACMV, Intellect, Sydney Dental, Seco Tools, Capital Marketing, … Khiem gained his B.Sc in Accounting from University of East Anglia and Master of International Business with Finance from London South Bank University (United Kingdom). Khiem has knowledge in many aspects of the business environment in Vietnam from internal to external point of views after various years of working in industries in finance and account managements with Thien Viet securities and Food & Beverage industries, prior to joining KTC.

 

Phone:

Email: khiem.trong.nguyen@ktcvietnam.com

Dr. AU THI NGUYET LIEN

DIRECTOR – TAX SERVICES

Dr. Au Thi Nguyet Lien is an expert with 30 years of practical work experience in tax authorities. She is formally the Head of the Taxpayer Supporting Department of the Thua Thien Hue Tax Department; currently an independent Tax advisor and Lecturer of the Nguyen Tat Thanh University, Ho Chi Minh City. Graduated with a Master’s degree in Corporate Finance in Australia in 2007 under a scholarship from the Australian Government, and received a PhD in Tax research in 2022. Dr. Lien also participated in consulting on drafts of many policies and regulations, tax program including personal income tax since 2007 and has received scholarships from the Australian Government on transfer pricing, double taxation avoidance and international tax policy.

Phone: +84 905 996 446

Email: lien.nguyet.au@ktcvietnam.com

logo Russell Bedford KTC

Thanks you for your interest in our company – Russell Bedford KTC

We will contact you by phone and email as soon as possible to provide more information about our company.
MrDuc-Thang

NGUYEN ĐUC THANG

DIRECTOR – AUDIT & ASSURANCE

Working experience: 6 years audit with RBK and 3 years with another auditing firm
Areas of expertise: Auditing, financial review, internal audit, transfer pricing.
Education: CPA (Vietnam), ACCA (UK) and Bachelor of Accounting and Auditing from Banking University of Ho Chi Minh City. Hồ Chí Minh.

Phone: +84 978 831 276

Email: thang.duc.nguyen@ktcvietnam.com

VU HIEN PHUONG

DIRECTOR OF ACCOUNTING SERVICES

Phuong has been in charge of accounting services of Russell Bedford KTC since 2012. At RBK, Phuong is generally responsible for the quality of accounting services for clients, especially foreign-invested clients who require financial statements for the parent company abroad.

Phuong has extensive experience in performing and supervising accounting services for companies such as TAO Bangkok, Vestegaards Frandsen, ENDO, Don Viet, Ninh Binh Textile.

Phuong received a master’s degree in finance and accounting in Australia and will complete her Vietnamese state-level accountant certificate in 2015.

Phone:

Email: phuong.hien.vu@ktvietnam.com

ms Đo Thuy Linh

ĐO THUY LINH

PARTNER

Ms. Linh has many years of experience working for international organizations such as World Bank, Asian Development Bank, United Nations Development Program, Coca-Cola, ABB, Ha Tay Beverage Factory, Hilton group… Ms. Linh has many years of experience in the audit and corporate consulting department of Ernst & Young Vietnam as an auditor.

Before joining RBK, she was a director of an international consulting firm. Linh is the co-author of the books on accounting “VN GAAP and VN GAAS, Convergence to International Accounting and Auditing Principles” and “VAS, intent and purpose contrasted to IAS” published in 2003 and 2005. Ms. Linh graduated with a master’s degree in finance and accounting from Gothenberg University (Sweden) and holds a certificate of state auditor (VACPA).

Phone: +84 904 225 592

Email: linh.thuy.do@ktcvietnam.com

MsHoangThanhTam

HOANG THANH TAM

DIRECTOR – AUDIT & CONSULTING SERVICE

Tam started working at KTC SCS since graduating from university and gradually became one of the key employees of the company with the position of audit manager of the Company’s audit department. At KTC, Tam participates in many projects including consulting, training, auditing domestic and foreign enterprises, sponsored projects.

Tam holds a certificate of state auditor (CPA Vietnam) and will complete the British Association of Auditors certificate in 2015.

Phone: +84 986 223 470

Email: tam.thanh.hoang@ktcvietnam.com

LE HONG THIEN

DIRECTOR OF TAX SERVICES AND ACCOUNTING

Working experience: nearly 20 years Chief Accountant of FDIs and Vietnam companies
Areas of expertise: accounting, due diligence, tax review
Education: Bachelor of Accounting from University of Economics, Certificate of Chief Accountant, CPA Vietnam.

Phone: +84 909 272 991

Email: thien.hong.le@ktcvietnam.com

VU THANH TAM

DIRECTOR OF CONSULTING SERVICES

Work experience: Nexia, Mazars and Financial Manager for foreign company

Areas of expertise: audit, due diligence, consulting

Education: CPA (Vietnam), ACCA (UK) and MBA (Columbia Southern University) Chief Accountant, CPA Vietnam

Phone: +84 908 380 388

Email: tam.thanh.vu@ktcvietnam.com

THAI THI VAN ANH

PARTNER

Ms. Thai Van Anh (FCCA, CPA Vietnam) is the Managing Partner of our Ho Chi Minh City Office and Legal Representative of Russell Bedford KTC. Before joining RBK as in charge of Ho Chi Minh City office, Van Anh has got a vast experience in Europe with PricewaterhouseCoopers UK at Glasgow Office of which she is in charge of various clients and integrated audit (Sarbanes – Oxley) for unlisted and listed clients in various industries, including manufacturing, hospitality, trading companies, law partnership. Van Anh also has tax and auditing experience in Vietnam, Laos and Cambodia with Ernst & Young Vietnam.

Van Anh also has an extensive experience from working for different industries at Financial Controller positions with Vine Group – Quality Hospitality, Viet Dang Company Limited and ACG International Vietnam Company Limited & Australian International School Saigon Company Limited.

Van Anh is a board member and inspection member of Vietnam Association of Certified Practising Auditors (VACPA). Van Anh is a fellow member of the Association of Chartered Certified Accountants (ACCA) England. She also possesses the Certification of Chief Accountant from the Ministry of Finance of Vietnam and also a trainer for ICAEW, ACCA and professional bodies in Vietnam (VACPA, VAA). She also is a reputable trainer of many professional courses such as Financial Statements Analysis, Internal Audit, Internal Controls for various corporations.

Phone: +84 974 589 163

Email: van.anh.thai@ktcvietnam.com

PHAM DUY HUNG

EXECUTIVE DIRECTOR – PARTNER

Mr. Hung has eighteen (18) years of experience in accounting and auditing for a wide range of foreign corporations, NGOs and projects.

Mr. Hung has a deep understanding of Vietnamese and international accounting and auditing standards, public accounting standards, laws and tax laws in the world. Mr. Hung holds a master’s degree in finance and accounting from Monash University (Australia), holds an Australian practicing accountant’s degree and a Vietnamese State Auditor (VACPA).

Phone: +84 9 12 112 988

Email: hung.duy.pham@ktcvietnam.com

HOÀNG THANH TÂM

DIRECTOR – AUDIT & CONSULTING SERVICES

Tam started working at KTC SCS since graduating from university and gradually became one of the key employees of the company with the position of audit manager of the Company’s audit department. At KTC, Tam participates in many projects including consulting, training, auditing domestic and foreign enterprises, sponsored projects.

Tam holds a certificate of state auditor (CPA Vietnam) and will complete the British Association of Auditors certificate in 2015.

Phone: +84 986 223 470

Email: tam.thanh.hoang@ktcvietnam.com