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Tax Alert 2016/Issue 8

To date, Vietnam has entered into ten bilateral and multilateral Free Trade Agreements ("FTAs"). The common goal of the FTAs is to reduce or eliminate tariffs in accordance with the roadmap agreed in each FTA for a majority of the 9,578 tariff lines in the Import Tariff Table to reach a common tariff between 0% and 5%.

Technical Update 2016/Issue 4

The new guidance provides provisions concerning:
  • Corporate Income Tax ("CIT");
  • Value Added Tax ("VAT") and invoicing requirements;
  • Personal Income Tax ("PIT"), Compulsory Insurances and Labor Management
  • Foreign Contractor Tax ("FCT")

Consumer Markets

KPMG's Consumer Markets practice is a network of experienced professionals based in member firms around the world. The practice encompasses food, drink, consumer durables and fast moving consumer goods (FMCG), as well as luxury goods. Our aim is to help our firms' clients make the most of the challenges and opportunities presented by a constantly changing business environment. Read more.

Seminar “Dialogue on 2016 Investment Policy”

Seminar “Dialogue on 2016 Investment Policy”

June 28 in Hanoi, KPMG Vietnam and Vietnam Association of Foreign Invested Enterprises facilitated the successful seminar “Dialogue on 2016

Investment Policy”, with the Minister of Planning and Investment, Nguyen Chi Dung, as the keynote speaker. “The Dialogue on 2016 Investment Policy seminar was held at the right time, when the Government is trying to complete and promulgate several new policies and resolutions, as well as implement Resolutions No. 19 and No. 35 on administraion reform, improving the business enviroment for investment and business support.”, the Minister said.

2016 Global CEO Outlook: Now or Never

2016 Global CEO Outlook: Now or Never

A significant majority of CEOs recognize the important need to foster a culture of innovation, respond quickly to technological opportunities and invest in new processes. But most CEOs recognize that they are now handling issues that they have never grappled with before.

MOU Signing Ceremony between KPMG Vietnam and IPC Danang

MOU Signing Ceremony between KPMG Vietnam and IPC Danang

In Da Nang City, on 21 April 2016, KPMG Vietnam and Danang Investment Promotion Center entered into a MEMORANDUM OF UNDERSTANDING (“MOU”) on promoting investment in Danang City, Vietnam. This MOU will facilitate the mutual sharing of best practices, expertise and knowledge of both parties in providing supports and services to investors as well as promoting investment in Danang City.

 

Click here for more information about such significant ceremony.

Feature image

KPMG in Vietnam currently employs close to 1,000 professionals and operates four offices across the country.

 

 Location of KPMG in Vietnam

Tax Alert

10 Free Trade Agreements – necessary review for incentive

New measures on VAT, SCT and Tax administration

Technical Update

The new guidance provides provisions concerning: CIT, VAT, PIT, and FCT.

The policy on CIT incentives for income from processing of agricultural and fishery produce will be implemented.