A Detailed Guide On VAT Rate In Vietnam

Reading Time: 6 minutesVietnam has been in the news for some time because of changes surrounding its Value Added Tax (VAT). Many business owners and entrepreneurs are currently interested in understanding the VAT laws in Vietnam because they wish to find out how these new tax laws will affect them. If you belong to this category of people, keep reading to find more interesting details. This piece will teach you about the VAT rate in Vietnam
A Detailed Guide On Vietnam Personal Tax Income Rates

Reading Time: 5 minutesDespite Vietnam’s poor standards in the 1900s, it has risen to become the 37th largest country with its Nominal Gross Domestic Product (GDP) and the 23rd largest by Purchasing Power Parity (PPP) according to the World Bank. The transformation to a middle-income economic country in just a generation is hugely based on its income generation and foreign investors. Like every other country, the personal income tax in Vietnam for foreigners has specific policies and rates. This is influenced by the need to promote the country’s welfare and create a sustainable economic atmosphere for both residents and foreigners to enjoy.