Dear Valued Clients,
Global Vietnam Lawyers would like to share with you Issue No. 05 of the Legal Newsletter of May 2026.
- This newsletter will catch you up on the Law amending and supplementing a number of articles of the Law on Personal Income Tax, the Law on Value Added Tax, the Law on Corporate Income Tax, and the Law on Special Consumption Tax; on the Decree amending the regulations on value added tax; and Guidance on the Implementation of the Law on Artificial Intelligence that enterprises should keep updated on for legal compliance purposes.
- In the article “Making share swap a tool to connect Vietnam’s capital market with the global market” Ms. Ngo Thi Diem of GV Lawyers analyzes how share swaps are increasingly becoming a popular investment instrument in cross-border M&A transactions, while Vietnam’s legal framework remains incomplete. The author therefore highlights the need for clear legal recognition, more detailed regulatory guidance, and solutions to address the “no cash flow” issue so that share swaps can truly serve as a bridge between the Vietnamese and international capital markets.
- In the section “Legal Guidance“, we will keep you updated about the questions on tax and invoices such as: (i) Guidance on determining deductible expenses for the calculation of the qualified domestic minimum top-up tax; (ii) Tax policy on airfare and hotel expenses for foreigners; (iii) Corporate income tax incentives for new investment projects and expansion investment projects; and (iv) Invoice issuance timing for the supply of materials and equipment associated with construction and installation activities.
- The proposal to allow enterprises implementing PPP projects to issue bonds, together with the Proposal to unify specialized inspection under a single authority. Those are noteworthy points in the section “Good readings for you”.
- The last part of the Legal Newsletter is, as usual, the list of selected latest legal documents.
We hope you will find this newsletter useful. To read the full Legal Newsletter, please click DOWNLOAD.
