Frasers Newsletter Edition 7, 2011
30 September 2011
In this edition, we report on new regulations concerning the carriage of cash, in foreign currency and Vietnamese Dong, by individuals into and out of Vietnam.
We also consider Decree 53 – new implementing legislation on the Law on Non-Agricultural Land Use Tax.
We discuss the rules governing the exemption from personal income tax for employee benefits relating to the treatment of serious illness.
We review new legislation governing the unified minimum wage to be implemented on 5 October 2011.
Finally, we provide an update to the list of industries entitled to enjoy preferential interest rates when borrowing ODA funds distributed by the Government.