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Tax Newsletter | June 2021 In this newsletter, Grant Thornton Vietnam would like to update you on important Tax and Customs policies that have just been issued recently.

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Vietnam: Authorities continue to enforce COVID-19 and update the restrictions nationwide as of 22 June 2021.  Vietnam continues to enact COVID-19 rules nationwide with requests to follow the restrictions strictly from Heads of all Departments, Agencies, Units, Chairperson of the People’s Committee City and other districts to immediately implement the following updates

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June 2021 | KPMG in Vietnam
Over the past months provincial labour authorities are carrying out a number of labour audits at organizations using foreign workers in their province to enforce the authorities management of foreign workers as well as to avoid cases of foreign workers entering Vietnam illegally and working at organization/enterprises.

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June 2021 | KPMG in Vietnam
According to the provisions of Law No. 71/2014/QH13 dated 26 November 2014 (“Law 71”), which took effect from 1 January 2015, income from new investment projects engaged in the manufacturing of products of ‘encouraged supporting industries’ are eligible for the highest available corporate income tax (“CIT”) incentives, which include: a CIT rate of 10% for 15 years, 4 ...

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At the end of last year, the Government of Vietnam officially issued the long-awaited Decree No.152/2020/ND-CP (“Decree 152”) providing guidance on implementation of some articles of the Labor Code No. 45/2019/QH14 regarding foreign workers working in Vietnam and recruitment and management of Vietnamese laborers working for foreign organizations or individuals in Vietnam. Decree 152 already taking ...

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AVPN is working with KKR & Co. Inc on a KKR Covid Relief fund supporting interventions and solutions focused on the intersection of COVID-19 & youth across three key areas throughout Asia Pacific:

Communities: Support for food security, safe housing, public health, and crisis relief
Opportunities: Support for innovative pathways of workforce recovery and development
Heroes: Support for ...

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Decree 57/2021/ND-CP supplementing Decree No. 218/2013/ND-CP on CIT incentives for projects manufacturing supporting industry products implemented before 1 January 2015 The Government just issued Decree No. 57/2021/ND-CP (“Decree 57”) dated 4 June 2021 to supplement Decree No. 218/2013/ND-CP on CIT incentives for projects manufacturing Supporting Industry products.

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As summer daydreams turn to beach vacations with cooling breezes, Hoiana Hotel & Suites, the stylish new luxury hotel on the Central Vietnam coast, introduces two tempting offers for an in-country getaway, available to 30 September 2021.  Situated 15 minutes from Hoi An on a pristine four-kilometer beachfront, with the Robert Trent Jones Jr.-designed 18-hole golf course at its doorstep, the all ...

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AusCham Webinar 'Vaccines - What you need to consider’ Thursday, 17 June 2021 Today, AusCham held a webinar to communicate the current status of vaccines and vaccinations for Vietnam. The message delivered by our speakers is very positive and encouraging as many people remain anxious about who, how and when. If you would like to see a recording of the event, view the poll results of over 160 ...

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June, 2021 - Six Senses Con Dao and Con Dao Island is the first vaccinated destination in Vietnam against Covid-19. Almost every eligible resident of Con Dao including 100% of Six Senses Con Dao staff received their first dose of Astra Zeneca vaccine! We would like to thank the government and health workers of Ba Ria - Vung Tau province in securing Con Dao, and in great success of keeping Con Dao ...