On 30 June 2026, the Government issued Decree No. 253/2026/ND-CP prescribing detailed provisions and measures for the implementation of the Law on Personal Income Tax ("PIT"). In addition to the contents covered in our previous newsletter on the new Law on PIT, below are certain notable points for enterprises, employers, and employees. Please refer to our previous newsletter on the new Law on PIT at this link: W&A_Newsletter on the Law on Personal Income Tax The key highlight

Over the past period, Vietnam Customs has issued various directives, plans and official letters guiding customs inspection and supervision of origin, goods labelling and prevention of illegal transshipment in respect of imported, exported and transited goods. Regional Customs Sub-Departments have also proactively developed action plans, assigned responsibilities and implemented inspection measures at border-gate and off-border-gate customs units. These efforts have helped det

W&A is pleased to announce the promotions effective 1 July 2026. Congratulations to all colleagues on your promotions. Promotion not only reflects each individual's performance and contributions over the past period, but also recognizes your potential, attitude, sense of responsibility, and readiness to take on greater responsibilities in the future. Congratulations to all of you on this meaningful milestone. We are confident that in your new positions, you will continue to m

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

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

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

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

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

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