Tax update

• Corporate Income Tax (CIT) treat ment on overseas business trip expenses paid by credit cards
• Personal Income Tax (PIT) treatment for hypothetical tax and hypothetical housing allowance
• Reduction of PIT for individuals working in economic zones
• Procedures on selecting enterprises selling goods which Value Added Tax (VAT) is refundable

Business and Investment Update

• New guidance on procedures for registration of foreign loans
• Recruitment and management of Vietnamese employees for foreign organizations and individuals
• New rules on labour recruitment and management
• Suspension of importing used machinery, equipment and technological lines

english version: Newsletter (PDF)

vietnamese version: Newsletter (PDF)