Business News

[23-05-2014] The Alert update on Management and Usage of Invoices for sales of goods and supply of services which is covered in Circular No. 39/2014/TT–BTC (“Circular 39”) dated 31 March 2014 by the Ministry of Finance, guiding Decree No. 51/2010/ND-CP, Decree No. 04/2014/ND-CP and replacing Circular 64/2013/TT-BTC. Circular 39 takes effect starting 1 June 2014.

[23-05-2014] The Alert update on guidance on VAT refund covered in Official Letter No. 1713/TCT-TTr dated 14 May 2014 by the General Department of Taxation, to provincial level tax departments. 

[23-05-2014] Disruptions to the supply chain resulting from events of “Force Majeure” (sometimes referred to as “Acts of God”) are a likely consequence of recent events in Vietnam. Contracting parties need to know how the doctrine applies, and how to invoke it in case they have trouble fulfilling their contracts as a result of an event of Force Majeure.

[22-05-2014] Recently, many companies invested by Chinese, Taiwanese and Hong Kong businesses in Ha Tinh, Binh Duong, and Ho Chi Minh City were experienced big impacts from workers’ uncontrolled protests. To support the affected companies in dealing with potential challenge and impact from the tax authorities in the future, Deloitte would like to give you some suggestions. And they hope that this will be useful to you.

[12-05-2014] Part I of this Legal Newsletter introduces a legal article titled “State-owned enterprises in TPP negotiation: WTO – plus commitment?” written by Dr. Le Thi Anh Nguyet, issued in the Saigon Times on February 27th 2014. The article aims to establish the relationship between SOEs and state trading enterprises in the TPP Agreement, WTO and analyze some of the difficulties that SOEs of Vietnam have to be challenged.

[24-04-2014] The information in this booklet is based on current taxation regulations and practice including certain legislative proposals as at 4 March 2014. A circular guiding the implementation of the amended corporate income tax decree and a new foreign contractor tax circular are expected later in 2014. This booklet is intended as a general guide. Where specific transactions are being contemplated, definitive advice should be sought.

[11-04-2014] Part I of this Legal Newsletter introduces a legal article titled "When an enterprise is libelled on the Internet" written by Lawyers:  Lawyer Nguyen Thi Phuong Chung and Lawyer Trinh Thu Hao. In this article, P&P analyze and discuss on the problem that enterprises and their leaders are slandered by their own employees on social networks, sanction regulations, damage determining methods and solutions to this problem.

[02-04-2014]  A string of new policies on electric grid safety, industrial promotion funding, import of automobiles and motorcycles and management of overseas students in Viet Nam will take effect in April 2014.