VGP – The Ministry of Finance on August 12 issued Circular 130/2016/TT-BTC guiding the implementation of Decree No. 100/2016/ND-CP dated 01/07/2016 detailing the implementation of the Law on Amendments and Supplements to some articles of the Law on Value Added Tax ("VAT"), Law on Special Consumption and the Law on Tax Administration and Amendments to some articles of the tax-related circulars ("Circular 130").

VGP – The Ministry of Finance on August 28, 2016 issued Circular No. 133/2016/TT-BTC (Circular 133) providing guidelines on the accounting regime for small and medium-sized enterprises (SMEs).

VGP – The State of the Socialist Republic of Viet Nam recognizes that Vietnamese citizens have a single nationality, Vietnamese nationality, unless it is otherwise provided for by the Law on Vietnamese Nationality.  

VGP – The Ministry of Construction issued Circular 19/2016/TT-BXD (Circular 19) guiding the implementation of some contents on the housing development, management, use, transactions, ownership and the state management of housing as stated by the Law on Housing and Decree No. 99/2015/ND-CP, dated October 20, 2015.

VGP – The State Bank of Viet Nam on June 29 issued Circular 10/2016/TT-NHNN guiding some contents of Decree 135/2015/ND-CP, dated December 31, 2015 of the Government regulating indirect offshore investment (Circular 10).

VGP – The Ministry of Finance issued Circular 83/2016/TT-BTC (Circular 83) guiding the implementation of incentives of corporate income tax (CIT), import duties and non-agricultural land-use taxes in favor of subjects that are entitled to investment incentives as prescribed by the Law on Investment 2014 and Decree 118/2015/ND-CP.

VGP – The Government on June 1 issued Decree 50/2016/ND-CP on sanctioning administrative violations in the area of planning and investment.

VGP – Foreign experts in non-governmental aid programs and projects and Vietnamese working at representative offices of the United Nations system in Viet Nam enjoy personal income tax (PIT) exemption in Viet Nam.

VGP – The Government on February 3 issued Decree 11/2016/ND-CP (Decree 11) detailing the implementation of some articles of the Labor Code on foreign employees working in Viet Nam.

VGP - Decree 07/2016/ND-CP, dated January 25, 2016 by the Government (Decree 07) replacing Decree 72/2006/ND-CP (Decree 72) detailing the Representative Office and branches of the foreign traders in Viet Nam.