SBLAW Protects Foreign Employee Rights in Labor Dispute in Bac Ninh Province

On March 25, 2026, the People’s Court of Region 6, Bac Ninh Province, held a first-instance hearing to resolve a labor contract dispute between a South Korean expatriate (Plaintiff) and a Vietnamese enterprise (Defendant). In this case, Mr. Do Xuan Thu – Head of the Litigation Department at SBLAW – served as the legal counsel […]

Does a monthly salary of VND 20 million require personal income tax finalization?

Question: My monthly salary is 20 million VND, and the company has already deducted PIT. Do I still need to finalize my personal income tax at year-end? Answer: Pursuant to Article 25 of Circular 111/2013/TT-BTC (guiding the Personal Income Tax Law) and Decree 126/2020/ND-CP: Individuals with income from salaries/wages under labor contracts of 3 months […]

Payment using virtual currency

Question: May I use virtual currency as a means of payment? Answer: Pursuant to Clauses 10 and 11, Article 3 of Decree No. 52/2024/ND-CP, the following provisions are stipulated regarding non-cash payment instruments and unlawful means of payment: - A non-cash payment instrument means an instrument issued by a payment service provider, a finance company […]

Personal income tax applicable to bank deposits

  Question: Is interest income from my bank deposits (including foreign currency deposits) subject to personal income tax?   Answer: Pursuant to subclause g.1, point g, Clause 1, Article 3 of Circular No. 111/2013/TT-BTC, the following is stipulated: Income exempt from tax Pursuant to the provisions of Article 4 of the Law on Personal Income […]

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Setting up company in Viet nam

Question: My company is looking for incorporation of limited liability company in Vietnam with one foreign director and one foreign corporate shareholder and registered office

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Question: I get your company information from MATRADE Malaysia. Our company would like to have business with a supplier in Ha Noi, Vietnam, and export

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