Area Code Adjustments in Ho Chi Minh City, Hanoi and other cities and provinces in Vietnam

Area code changes in Ho Chi Minh City, Hanoi, Dong Nai, Binh Duong, and a number of other provinces took effect from June 17, 2017 onward.

First announced in 2016, under the Ministry of Information and Communication’s (MIC) Decision No. 2036/QD-BTTT, gradual implementation of these changes come as part of a concerted effort by Vietnamese authorities to enhance cohesion with global best practices set out by the International Telecommunications Union. 

The full list of area code adjustments to be implemented in Vietnam

Under the MIC’s Decision, a full list of areas to be impacted by adjustments has been released. Please see below for the final stage by state timetable covering all of these jurisdictions: 

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LATEST TAX UPDATES

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Mazars Vietnam Newsletter - Issue March 2019

We would like to bring you tax and legal updates in March 2019 with the following highlights influencing the corporate operation and payroll amendments:

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Tax Alert - Payment Accounts at Payment Services

On February 28th, 2019, the State Bank of Vietnam promulgated Circular No. 02/2019/TT-NHNN (“Circular 02”) amending and supplementing a number of articles of Circular No. 23/2014/TT-NHNN dated August 19th, 2014 on guidelines for opening and use of payment accounts at payment services providers (“Circular 23”). Circular 02 took effect from March 1st, 2019 and abrogated Circular No. 32/2016/TT-NHNN and Circular No. 02/2018/TT-NHNN of the State Bank. Circular 02 has some noteworthy points as follows:

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Mazars Vietnam Newsletter - Issue January 2019

We would like to bring you tax and legal updates in January 2019 with the following highlights influencing the corporate operation and payroll amendments:

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Tax Alert - Accounting regime of Micro Enterprises

On 28 December 2018, the Ministry of Finance (“MOF”) issued Circular 132/2018/TT-BTC (“Circular 132”) on the accounting regime of micro enterprises. Accordingly, micro enterprises can apply accounting regime regulated in Circular 133/2016/TT-BTC of MOF, or apply the accounting regime prescribed in this Circular:

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Newsletter - Issue November 2018

We would like to bring you tax and legal updates in November 2018 with the following highlights influencing the corporate operation and payroll amendments: