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The Government has over the last 12 months been highlighting the lack of linkages between the foreign invested sector and the domestic sector, enabling the growth of domestic companies and enabling them to participate in the global supply chain. The Government has also signaled their intention to focus more on higher value added investment into the manufacturing sector to ensure sustainability and higher productivity growth.

How to maximise value added tax refunds

In this newsletter, Grant Thornton Vietnam would like to update the important regulations and tax policies as follows:

Optimising benefits from tax incentives

In this newsletter, Grant Thornton Vietnam would like to update the latest regulations and notable tax policies as follows:

This was the theme of the semi-annual plenary session of the Vietnam Business Forum (“VBF”) held in Hanoi, on Tuesday December 4th, which was attended in full by the Prime Minister Nguyen Xuan Phuc. This was also the 21st year of the VBF which was established under the auspices of the Wortld Bank and IFC together with the Vietnam Chamber of Industry and Commerce to provide a platform for dialogue between the private sector and Government.

November 2018 - No.2

Chairman's Insights

Doing Business in Vietnam 2018

Tax

In this newsletter, Grant Thornton Vietnam would like to update the latest important regulations and tax policies

Failure to manage permanent establishment risks when doing cross-border business activities may result in an unexpected negative impact on a multinational corporation’s tax position.

In this newsletter, Grant Thornton Vietnam would like to update the latest important regulations and tax policies

Nowadays, with the trend of globalization, companies increasingly have extensive business operations across many territories and jurisdictions but not all of them have a good understanding about domestic tax regulations, in host countries, as well as tax treaties.

In this newsletter, Grant Thornton Vietnam would like to update significant points as follows:

Update on the latest regulations and important tax policies