Improve Vietnam’s tax administration system for e-commerce

Improve Vietnam's tax administration system for e-commerce

The Prime Minister of Vietnam issued Directive No. 889/CD-TTg on October 1st, 2022, on improving the efficiency of tax administration for e-commerce and digital business. The popularity of digital businesses has expanded as the digital economy has flourished. According to predictions, Vietnam’s e-commerce would generate USD 13,7 billion in revenue in 2021, up 16% from…

Legal problems when opening a representative office in Vietnam

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A legal perspective on paying employees with products in Vietnam

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New regulations on the private placement of corporate bonds in Vietnam

Amendment of regulations on bond redemption before maturity and bond swap, Supplementing the bond issuance principle, Changes to the purpose of bond issuing, New regulations on the private placement of corporate bonds in Vietnam

On September 16, 2022, Vietnam published Decree 65/2022/ND-CP amending Decree 153/2020/ND-CP governing the offering and trading of privately placed corporate bonds in the domestic market, as well as the issuance of corporate bonds to the foreign market. The following are some of the highlights of Decree 65/2022/ND-CP: Changes to the purpose of bond issuing Bond issuance…

Who is subjected to import and export duty in Vietnam?

Who is subjected to import and export duty in Vietnam?, import and export duty in Vietnam?

One of the most significant taxes in any country and a major source of funding for the state budget is the import and export tax. Therefore, businesses must understand what import and export tax is and who is obligated to pay it. The legal system of Vietnam is governed by a number of fundamental legal…

Vietnam’s decision on the imposition of the temporary anti-dumping duty on table and chair products originating from Malaysia and China

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