We would like to thank 3 co-organizers (Savills Vietnam, Auscham Vietnam and Cancham Vietnam) and 4 business chambers that co-hosted (BBGV, CEEC Vietnam, SBG, and Incham) to make the event successful. We would also like to thank the panelists for sharing useful information and attendees for participating and asking various Q&A to make the webinar to be a great success.
During the webinar, attendees listened to panelists share some aspects regarding signs of recovery after the pandemic. In particular, Mr. Ralf Matthaes, Managing Director of Infocus Mekong Research shared that in, before Covid-19, the biggest concern was environmental pollution; but in March 2020 the biggest fear from businesses is now disease outbreak, in accordance with a recent report, and the negative impacts of Covid-19 on their business.
Mr. Nguyen Hai Minh, Tax and Legal Partner at Mazars Vietnam mentioned supporting policies for businesses from the government to push the domestic market during and post Covid-19. In addition, he mentioned about benefits of the recent trade deal between the EU and Vietnam. The biggest benefit is Vietnam can access the capital and technology of European businesses. In the long term, small and medium enterprises can connect to the supply chain which is led by European businesses.
Lastly, Mr. Neil MacGregor, Managing Director of Savills Vietnam showed some key economic indices impacted by Covid 19 including trend on retail, office market, hotel demand impact. He also remarks benefits from high tech accelerate relocation wave from China to Vietnam after Covid-19.
Again, thank you all for your interest. We’re always planning more exciting events for you. Stay turn for our upcoming event!
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We would like to bring you tax and legal updates for July 2021 with the following highlights influencing the corporate operations and payroll activities.
On 18 June 2021, the Ministry of Finance issued Circular 45/2021/TT-BTC (“Circular 45”) providing guidance on the implementation of Article 41 of Decree 126/2020/ND-CP (“Decree 126”) dated 19 October 2020 of the Government on the application of the Advance Pricing Agreement (“APA”) on tax administration for companies having transactions with their related parties.
On 01 July 2021, the Government released Resolution 68/NQ-CP (“Resolution 68”) introducing some policies to support employees and employers in difficulty due to the COVID-19 pandemic.
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