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Notice of Office Relocation from 1 July 2026
Dear Valued Clients and Partners, W&A is pleased to announce: Effective from 01 July 2026, our Company will officially relocate to its new office at Room 707, 7th Floor, Saigon Paragon Building, Tan My Ward, Ho Chi Minh City, Vietnam. The relocation of W&A's office marks a new milestone in our development strategy and operational expansion. Not only does it accommodate our growth needs but it also reflects our commitment to continuously enhancing the quality of our services a
3 days ago1 min read
DECREE 161/2026/ND-CP: INCREASE IN STATUTORY PAY RATE FROM 01 JULY 2026 AND RELATED IMPACTS
Recently, the Government issued Decree No. 161/2026/ND-CP prescribing the statutory pay rate and bonus regime applicable to cadres, civil servants, public employees and the armed forces. This Decree will officially take effect from 01 July 2026. A notable point of the Decree is the adjustment of the statutory pay rate from VND 2,340,000/month to VND 2,530,000/month. Although the Decree directly regulates the salary regime for the public sector, the increase in the statutory p
Jun 91 min read
W&A CONSULTING JOINS VIAC'S FINTECH AND DIGITAL ECONOMY DISPUTE EXPERTS PANEL
Mr. Phan Hoai Nam – CEO of W&A Consulting and arbitrator at the Vietnam International Arbitration Centre (VIAC) – has officially joined VIAC's FinTech and Digital Economy Dispute Experts Panel. The Panel brings together legal experts, arbitrators, lawyers, fintech specialists, policymakers, and industry representatives to research and develop dispute resolution frameworks that keep up with how fast FinTech and the digital economy are moving. Photo: Mr. Phan Hoai Nam – CEO of
Jun 21 min read
CIRCULAR NO. 32/2026/TT-BTC: GUIDANCE ON TAX POLICIES APPLICABLE TO CRYPTO-ASSET TRANSACTIONS, TRANSFERS, AND BUSINESS ACTIVITIES
Vietnam’s financial market is witnessing significant developments of a breakthrough nature, particularly in relation to policies on the pilot implementation of the crypto-asset market (“ crypto-assets ”). This initiative not only facilitates the establishment of a transparent and efficient trading platform, but also enables investors to mitigate financial risks, thereby enhancing the market’s capacity to attract foreign investment. Nevertheless, alongside the rapid expansion
Apr 171 min read
ACROSS-THE-BOARD TAX CUTS ON PETROLEUM PRODUCTS: A POSITIVE SIGNAL FOR BUSINESSES IN THE PERIOD AHEAD
Effective from midnight on 26 March 2026 , Decision No. 482/QĐ-TTg of the Prime Minister on the application of environmental protection tax, value-added tax and special consumption tax on petrol, diesel, and jet fuel in cases of necessity for national interest officially took effect through 15 April 2026. This is a notable development as multiple key indirect taxes on petroleum products were simultaneously reduced, reflecting not only the Government’s commitment to flexible
Apr 91 min read
ABOLITION OF THE DEPENDENT REGISTRATION PROCEDURE UNDER DECISION NO. 216/QD-BTC – KEY NOTES FOR TAXPAYERS
As of 14 February 2026 , the administrative procedure for registering dependants for personal income tax (“ PIT ”) family deduction purposes has been officially abolished pursuant to Decision No. 216/QD-BTC issued on 03 February 2026 by the Ministry of Finance. Previously, Decision No. 4472/QD-BTC dated 30 December 2025 of the Ministry of Finance designated the procedure for registering dependants for family deduction purposes applicable to individuals earning employment in
Apr 21 min read
CIRCULAR NO. 20/2026/TT-BTC ON CORPORATE INCOME TAX
On 12 March 2026, the Ministry of Finance issued Circular No. 20/2026/TT-BTC providing detailed guidance on a number of articles of the Law on Corporate Income Tax and Decree No. 320/2025/ND-CP dated 15 December 2025 of the Government, which prescribes in detail a number of articles and measures for the implementation of the Law on Corporate Income Tax. Notably, Circular No. 20 introduces specific regulations on dossiers required for certain expenses to be treated as deducti
Mar 301 min read
VIETNAM'S ACCESSION TO THE APOSTILLE CONVENTION - KEY CONSIDERATIONS FOR BUSINESSES
In furtherance of the policy to promote administrative reform and enhance international integration, on 12 December 2025, the Government issued Resolution No. 407/NQ-CP, approving Vietnam’s accession to the Hague Convention of 5 October 1961 Abolishing the Requirement of Legalisation for Foreign Public Documents (“ Apostille Convention ”). Once the Apostille Convention officially enters into force, public documents issued in member states and duly apostilled may be used in Vi
Mar 231 min read
RESOLUTION NO. 02/NQ-CP ON THE KEY TASKS AND PRINCIPAL SOLUTIONS TO IMPROVE THE BUSINESS ENVIRONMENT AND ENHANCE NATIONAL COMPETITIVENESS IN 2026
Recently, on 08 January 2026 , the Government issued Resolution No. 02/NQ-CP on the principal tasks and solutions to improve the business environment and enhance national competitiveness in 2026. This Resolution is the 11th annual thematic resolution on the business environment since Resolution No. 19/NQ-CP was initiated in 2014. Resolution No. 02/NQ-CP is an important policy decision aimed at removing difficulties, clearing institutional bottlenecks, and creating new moment
Feb 232 min read
03-YEAR CORPORATE INCOME TAX EXEMPTION FOR FIRST-TIME REGISTERED SMALL AND MEDIUM-SIZED ENTERPRISES
On 15 January 2026, the Government promulgated Decree No. 20/2026/ND-CP, providing detailed guidance on the implementation of Resolution No. 198/2025/QH15 on special mechanisms and policies for the development of the private economic sector, together with the Law on Corporate Income Tax No. 67/2025/QH15. Under this Decree, small and medium-sized enterprises that are registered for business for the first time are entitled to a corporate income tax exemption for three consecuti
Jan 272 min read
NEWSLETTER ON THE PERSONAL INCOME TAX LAW NO. 109/2025/QH15
On 10 December 2025, the National Assembly officially passed the Personal Income Tax Law No. 109/2025/QH15, marking an important step in further refining Vietnam’s personal income tax policy framework. The new Law is issued to better reflect practical developments, the growing diversity of income sources, and the deeper integration of Vietnam into the global economy. Through this newsletter, W&A provides a comprehensive overview and analysis of the key provisions of the Perso
Jan 201 min read
CIRCULAR NO. 99/2025/TT-BTC ON THE ACCOUNTING REGIME FOR ENTERPRISES
On 27 October 2025, the Ministry of Finance issued Circular No. 99/2025/TT-BTC providing guidance on the accounting regime for enterprises. The Circular takes effect from 1 January 2026 and applies to financial years commencing on or after this date. Circular 99 not only replaces and systematizes existing regulations on enterprise accounting, but also clearly reflects the policy direction toward strengthening corporate governance, internal control, transparency, and accounta
Jan 202 min read
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