Vietnam Spotlight - Newsletter - November 2009

Topics covered:
- Foreign Contractor Tax’s Hybrid Method Re-introduced
- Personal Income Tax on Bonus Stocks and Stock Options
- Personal Income Tax Exemption for Expatriates Working for ODA Projects in Vietnam
- Guidance on Withholding of VAT and Issuance of VAT invoices by Vietnamese Agents with respect to Fees Collected on behalf of Foreign Forwarding, Logistics and Express Transportation Companies
- New Regulation on Management, Use and Depreciation of Fixed Assets
- Treatments on Exchange Rate Differences
Registration of Import Duty Exemption for Fixed Assets
- Tax Audits and Inspections Re-enforced
- Minimum Wages for Vietnamese Workers at Foreign Invested Enterprises