Off-season travel trends Vietnam tourism could cash in on

Off-season travel trends Vietnam tourism could cash in on

Popular travel destinations are feeling the pressure as tourism bounces back from a pent-up, two-year low.

Consulting - Mon, June 27, 2022 | 10:02 am GTM+7

Separate goods invoices no longer required for reduced 8% VAT

Separate goods invoices no longer required for reduced 8% VAT

Taxpayers are no longer required to issue separate invoices for goods and services in order to enjoy the reduced 8% VAT rate.

KPMG - Fri, June 24, 2022 | 9:10 am GTM+7

Tax payment deferral scheme for 2022 okayed

Tax payment deferral scheme for 2022 okayed

As part of a post-pandemic economic recovery package, the government on May 28 issued Decree 34/2022/ND-CP approving certain tax payment deferral policies for taxpayers in 2022.

KPMG - Wed, June 15, 2022 | 7:00 am GTM+7

Navigating global minimum tax treatment in Vietnam

Navigating global minimum tax treatment in Vietnam

Foreign direct investment plays an important role in Vietnam. In this regard, one of the key factors to attract investment has historically been corporate income tax (CIT) incentives, whereby companies operating in certain sectors and/or locations could get reduced CIT rates and/or tax breaks.

Consulting - Mon, June 13, 2022 | 1:18 pm GTM+7

New decree to beef up real estate transfer

New decree to beef up real estate transfer

The real estate market in Vietnam has grown more active after a gloomy period due to pandemic fallouts, boosted by supportive state policies.

Consulting - Fri, June 10, 2022 | 3:18 pm GTM+7

Implications of global minimum tax rate on investment environment

Implications of global minimum tax rate on investment environment

The concept of a global minimum tax rate, contained within a framework developed by the OECD/G20 Inclusive Framework, has caught the attention of numerous global companies. The Investor talks with Robert King, Indochina Tax Market Leader at EY, about his recommendations for implementation and maintaining an attractive investment environment.

Consulting - Thu, June 9, 2022 | 2:00 pm GTM+7

Hydrogen fuel in Vietnam: status and opportunity

Hydrogen fuel in Vietnam: status and opportunity

The Politburo of the Vietnamese Communist Party is a forward-looking body. Its Resolution 55 includes, as part of the country’s energy strategy, piloting electricity generation using hydrogen and encouraging the use of hydrogen consistent with global trends.

Consulting - Fri, June 3, 2022 | 12:46 pm GTM+7

Personal income tax for extra hour salary

Personal income tax for extra hour salary

If a company is not qualified to implement overtime at work, extra-hour salaries should not be eligible for personal income tax exemption.

KPMG - Fri, June 3, 2022 | 9:38 am GTM+7

Growing Vietnam M&A market dependent on capital flow, pandemic containment

Growing Vietnam M&A market dependent on capital flow, pandemic containment

Merger and Acquisition activities in Vietnam increased the most in a decade from 2007-2017 at a total scale of $10 billion.

Consulting - Fri, May 27, 2022 | 4:45 pm GTM+7

Tax update May 2022

Tax update May 2022

Investment securities for which provision for devaluation can be made will not include government bonds, government-guaranteed bonds, and municipal bonds, according to a new circular.

KPMG - Wed, May 25, 2022 | 12:34 pm GTM+7

Tax Q&A

Tax Q&A

Our company incurs some damaged material during the transportation from port to factory. Could we claim CIT deduction for the relevant cost of such damaged material?

KPMG - Wed, May 11, 2022 | 8:10 am GTM+7

Free trade agreements at certainty to Vietnam business environment

Free trade agreements at certainty to Vietnam business environment

The free trade agreements (FTAs) signed by Vietnam have added charm to its business environment. Dr. Oliver Massmann, General Director of Duane Morris Vietnam LLC, analyzes notable provisions under two major FTAs, CPTPP and EVFTA, that could help foreign investors acquire more legal certainty when investing in Vietnam.

Consulting - Tue, May 10, 2022 | 7:02 am GTM+7

Investment opportunities in LNG-to-power projects in Vietnam 

Investment opportunities in LNG-to-power projects in Vietnam 

In recent years, there has been much talk about liquefied natural gas (LNG) as a new new fuel for power production. How big is the opportunity?

Consulting - Wed, May 4, 2022 | 12:44 pm GTM+7

Favorable conditions for tax declaration in the wing

Favorable conditions for tax declaration in the wing

In order to create favorable conditions for tax declaration and remove difficulties in paying provisional corporate income tax (CIT), the Ministry of Finance has prepared a draft decree to submit to the government that amends and supplements several articles of Decree 126/2020/ND-CP and Decree 123/2020/ND-CP, with some notable points as follows.

KPMG - Wed, May 4, 2022 | 10:13 am GTM+7

M&A in Vietnam from legal perspective, new background

M&A in Vietnam from legal perspective, new background

The Covid-19 pandemic and recent geopolitical tensions will not obstruct the long-term growth of the Vietnamese M&A market, writes Duong Anh, Senior Partner of VILAF law firm.

Consulting - Wed, May 4, 2022 | 9:45 am GTM+7