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…
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…
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…