Infographic series

Regulations on special preferential import tax 2022

15 September 2022
Vietnam's special preferential import tax for the implementation of trade agreements with countries and regions shall comply with the provisions below.
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New labor policy on working time and rest time

13 September 2022
Circular 12/2022/TT-BCT, which stipulates working time and rest time for employees engaged in the operation, maintenance, and repair of gas distribution pipelines and gas works, takes effect on 09 September 2022.
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How has the personal income tax increased over the years?

31 August 2022
After 15 years of implementing the Law on Personal Income Tax (PIT), the PIT revenue has increased approximately 11 times, from 5,000 billion VND in 2007 to hundreds of trillion VND.
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Eight cases of illegal invoices

26 August 2022
According to Decree No. 123/2020/ND-CP, cases of using illegal invoices are specified as follow. DOWNLOAD INFOGRAPHIC (PDF)
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How long is the deadline for social insurance benefits claim submission?

15 August 2022
Employees are required to submit their dossiers on time to be eligible for the social insurance regimes (SI). However, the timeframes for applying vary depending on different SI regimes.
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Compulsory social insurance rates apply from 01 July 2022

1 August 2022
Decree No. 38/2022/ND-CP stipulates the new regional minimum wage from 01 July 2022. Accordingly, many businesses have to adjust the level of social insurance contributions for employees. However, there are different rates of social insurance contributions for Vietnamese employees and foreign employees working in Vietnam.
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Four new points on regional minimum wage from 01 July 2022

21 July 2022
From 01 July 2022, the regional minimum wage is adjusted by Decree 38/2022/ND-CP replacing Decree 90/2019/ND-CP. Here are four notable new points about regional minimum wages from 01 July 2022.
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Industrial parks, economic zones make important contributions to GDP growth

13 July 2022
Vietnam has about 335 industrial parks across the country together with 17 economic zones, which play an important role in investment attraction and State budget collection.
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Procedures for extending taxes and land rental payments in 2022

27 June 2022
According to Decree 34/2022/ND-CP (Decree 34), the order and procedures for extending payment of VAT, CIT, PIT, and land rental payments in 2022 are implemented as follows.
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Four regulations to support small and medium enterprises

16 June 2022
On 10th May 2022, the Ministry of Planning and Investment issued Circular 06/2022 guiding Decree 80/2021 on supporting small and medium enterprises (SMEs).
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Renewable energy reaching a record in 2022

7 June 2022
According to the Renewable Energy Market Update for May 2022 of the International Energy Agency (IEA), the world will produce an additional 319 gigawatts of renewable energy in 2022, achieving a new record for renewable energy capacity.
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Vietnam diversifying export markets

30 May 2022
According to the Vietnam Import-Export Report 2021, although the economy has faced many difficulties, Vietnam's export turnover still recorded a high growth rate (reaching 336.31 billion USD, up 19% compared to 2020).
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Vietnam-US trade relations

25 May 2022
In the last 26 years, trade relations between Vietnam and the US have increased nearly 250 times, from 450 million USD in 1995 to more than 111 billion USD in 2021. In particular, the bilateral turnover in 2021 increased by nearly 21 billion USD compared to 2020, despite the prolonged COVID-19 pandemic and its impacts on the global supply chain.
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Vietnam-UK trade turnover grows well thanks to the UKVFTA leverage

17 May 2022
It has been a year since the UK-Vietnam Free Trade Agreement (UKVFTA) officially took effect on 1st May 2021.
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New must-know social insurance policies

12 May 2022
In 2022, there are many amendments to social insurance policies. Below are the conditions for foreign workers to receive one-time social insurance, and the adjustments to voluntary social insurance contributions.
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