Further guidelines on the implementation of Circular 130/2008/TT-BTC on CIT ... Read more

Infrastructure is creaking in Vietnam. A staggering 95 per cent of respondents to a recent survey named it as the biggest obstacle to investment in Vietnam. Unfortunately the recent amendments to the legal framework applicable to investments in the form of contracts for Build–Operate–Transfer, Build–Transfer– Operate and Build–Transfer (collectively BOT), will do little to improve the situation. Decree 108 of the government dated 27 November 2008 contains no significant developments and does not address the significant legal issues bedevilling foreign investors in BOT projects... Read more

Time to book for the Cathay Pacific/Credit Suisse Hong Kong Sevens 2010.

This year the Cathay Pacific/Credit Suisse Hong Kong Sevens 2010 is from Mar 26th - 28th with 24 teams from all over the world include England, Scotland, Wales, Hong Kong, Canada...

To support this event, we would like to introduce our Hong Kong Rugby 7 offer which includes:
- Round trip air ticket from HCMC to Hong Kong
- Admission ticket to all Rugby matches in 3 days.

The offer price varies:
from USD 494 ++ (USD 548 including tax) for the lowest economy ticket
to    USD 1158 ++ (USD 1212 including tax) for business class ticket.

Just book it online now as the sales will be closed on Mar 11th, 2010!
 
 

2010 Cit Payment Deferral.

On 12 February, the Government issued Decision 12/2010/QD-TTg providing an extension for 2010 CIT payments for... Read more

Guidance On 2009 Pit Finalisation.

The General Department of Taxes (“GDT”) issued Letter 451/TCT-TNCN on 8 February 2010. The Official letter provides guidance on various PIT issues and administrative procedures associated with 2009 PIT finalisation. There are many points in the letter that are not new and simply reconfirmed. However, there are some new issues for which guidance is provided. To summarise some key points:... Read more

“Simplified” vietnamese accounting system (“vas”) for foreign contractors applying the “hybrid method”.

Readers of our News Brief dated 12 October 2009 may recall that the Ministry of Finance issued Circular 197 reintroducing the hybrid method for paying FCWT... Read more

Vietnam Accounting System (“Vas”) Compliance.

All entities operating in Vietnam must comply with the Vietnam Accounting System (“VAS”). It is possible to vary from the standard VAS, but this is subject to specific approval from the Ministry of Finance (“MoF”)... Read more

Business Advantage Vietnam publication is now available, in full, free of charge, online at. www.businessadvantagevietnam.com

Court of Appeal ruling has important  implications for individuals wishing to break UK residence... Read more