With its favorable geographic location at the heart of Southeast Asia, Vietnam stands as an ideal destination for foreign direct investment (FDI) and multinational corporations seeking to access and expand their footprint in the Asia-Pacific market.

Recent shifts – particularly those taking effect after 1 July 2025 – ranging from administrative and geopolitical restructuring to new enforcement policies, reflect the Vietnamese Government’s firm commitment to comprehensive reform. These initiatives aim to drive economic growth, attract foreign capital, and usher in an “era of national transformation” that elevates Vietnam’s standing on the global stage.

This 2025 year-end edition serves as a retrospective on a year of challenges and volatility, while paving the way for growth in the year ahead. In this issue, we provide a comprehensive summary of recently enacted tax regulations and critical changes impacting the corporate sector. Our goal is to provide our valued clients with a holistic overview of the compliance landscape required to operate successfully in Vietnam.

Highlight in this issue:-

• Value-Added Tax | New law and guidance implementation
• Corporate Income Tax | New rulings on Corporate Income Tax
• Invoice Administration | New rulings relating to invoice adjustment & Penalties on invoice violation
• Business License Fee | BLF exemption from 2026 onward
• Compliance filings | Digital transformation & registration of unique ID for Vietnam-based enterprise

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