Vietnamese legislature ratifies 30% corporate income tax cut in 2020 for SMEs
The tax break is estimated to lead to over US$990 million in state budget losses in 2020
Vietnam revises enterprise law to make firms with over 50% state ownership legally state-owned
The policy aims to further restructure, innovate, and increase the efficiency of state-owned companies
Vietnam’s National Assembly commences tenure’s longest session
The 14th National Assembly’s eighth session runs from October 21 to November 27
Vietnam passes cyber security law
The law requires Internet platforms to remove content upon request from Vietnamese authorities
Vietnam’s controversial proposed asset tax not on lawmakers’ agenda before 2020: legislature
The lawmaking National Assembly has already had a full agenda to debate and will work to ratify other pieces of legislation from now until the end of 2019