Business News

[24-04-2015] Frasers' newsletter is designed to provide you with practical and commercial legal news in relation to key legal developments in Vietnam, and how such developments may affect you and your business. Frasers' newsletter is designed to be an interesting and informative read, but does not constitute legal advice. If you would like further information on any of the subjects discussed in newsletter, please contact Frasers on email: legalenquiries@frasersvn.com.

[22-04-2015] The latest regulations on Personal Income Tax include new exemptions and flat rates applied on Business Income and Irregular Incomes. For more information, please refer to our updated Brochure on Personal Income Tax. Furthermore, our Brochures on Corporate Income Tax and Value Added Tax have been updated. Now these publications are available:

[22-04-2015] In addition, Circular 39 also sets out specific guidance for valuation of imported goods in special cases, which involve temporary and official import prices and change of registered purpose of use of duty-exempt imported goods, and where the buyer and the seller are related parties.

[08-04-2015] The Alert update on Circular No. 38/2015/TT-BTC, dated 25 March 2015 by the Ministry of Finance. This Circular is in effect from 1 April 2015.

[06-04-2015] The information in this booklet is based on current taxation regulations and practice including certain legislative proposals as at 1 April 2015. This booklet is intended as a general guide. Where specific transactions are being contemplated, definitive advice should be sought.

[01-04-2015]  New Decrees on increasing wage for low-income officials, autonomy mechanism for non-business public units, conditions to select projects in form of Public-Private Partnerships (PPP) and projects subject to environmental impact assessment will come into effect since April 2015.

[26-03-2015] On 30 January 2015, the Ministry of Finance (MoF) issued Circular 14/2015/TT-BTC (Circular 14) guiding the customs analysis and classification of imported and exported goods for examination of food safety, hygiene and quality with some key points as follows:

[16-03-2015] • Foreign Contractor Withholding Tax, 25 pages, March 2015
• Corporate Income Tax, 41 pages, November 2014
• Value Added Tax, 25 pages, May 2014
• Personal Income Tax, 31 pages, November 2014