Hanoi, 18 June 2025 – In a significant move to sustain post-pandemic economic recovery and bolster domestic consumption, the Vietnamese National Assembly has officially approved the extension of the 2% value-added tax (VAT) cut from 10% to 8% until 31 December 2026.
Hanoi, June 2025 – On June 14, 2025, during its 9th session, the 15th National Assembly of Vietnam officially passed the amended Law on Corporate Income Tax (CIT) with a high consensus—452 out of 453 delegates (94.56%) voting in favor.
Hanoi, June 2025, The Australian Chamber of Commerce in Vietnam (AusCham) has been elected to the Management Board of the Vietnam Business Forum (VBF), representing Associate Members alongside the Singapore Chamber of Commerce (SingCham).
The Ministry of Finance is calling for comments on Draft Decree amending Decree 31/2021/ND-CP, which details the following areas for amendment/ supplementation, including: Determination of investment incentive areas based on the reorganization of administrative units and the two-tier local government structure; List of sectors and industries eligible for investment incentives; and Dossier...
The Vietnam Business Forum (VBF) is extending an invitation to AusCham members to participate in its 13 specialized Working Groups. These groups serve as platforms for policy dialogue and advocacy, aiming to enhance Vietnam's business environment and promote sustainable economic growth.
AusCham just received official request from Ministry of Finance (MOF) regarding the amendment to Law on Investment (LOI) and Decree 31/2021/ND-CP. This initiative aims to further refine Vietnam’s investment legal framework in alignment with the Politburo’s Resolution 68 on private sector development and Resolution 66 on legislative reform to support economic development in new era.
Hanoi, 15 May 2025 – The Australian Chamber of Commerce in Vietnam (AusCham) was honoured to meet with Her Excellency Gillian Bird, the newly appointed Australian Ambassador to Vietnam, to present its 2025–2026 Strategy and explore avenues for deeper collaboration in support of the Australian business community
Vietnam Business Forum (VBF) in collaboration with the Ministry of Finance (MOF), is calling inputs on current issues surrounding work permits and visas, including feedback on the draft Decree regulating foreign workers in Vietnam, in order to prepare a seminar on 14th or 15th May in Hanoi.
The Ministry of Finance is calling comments on the Draft Circular detailing a number of articles of the Law on Value Added Tax and guiding the implementation of the Decree detailing the implementation of a number of articles of the Law on Value Added Tax for public comment.