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Official Letter 4525/BTC-PC: Guidance on Determining Investment Incentives and Procedures for Adjusting Investment Projects in Cases of Administrative Boundary Changes

Official Letter 4525/BTC-PC: Guidance on Determining Investment Incentives and Procedures for Adjusting Investment Projects in Cases of Administrative Boundary Changes

On 09th April 2025 an Official Letter No. 4525/BTC-PC (“Official Letter 4525”) has been issued by the Ministry of Finance providing crucial guidance from the Ministry of Finance on how to handle investment incentives and project adjustments during a period of significant administrative restructuring in Vietnam.

30 April 2025

GOVERNMENT EXTENDS TAX AND LAND RENT PAYMENT DEADLINE IN 2025

GOVERNMENT EXTENDS TAX AND LAND RENT PAYMENT DEADLINE IN 2025

The Government has issued Decree No. 82/2025/ND-CP, extending the deadlines for payment of various taxes and land rent for 2025. This decree will benefit enterprises, organizations, households, and individuals by providing additional time to meet their tax obligations. The extenssion is highlighted below:

30 April 2025

KEY UPDATES IN DECREE NO. 70/2025/ND-CP

KEY UPDATES IN DECREE NO. 70/2025/ND-CP

On March 20, 2025, the Government issued Decree No. 70/2025/ND-CP, which amends and supplements several articles of Decree No. 123/2020/ND-CP concerning invoices and documents. This decree will take effect on June 1, 2025. The main highlights are as follows:

30 April 2025

COMMEMORATING 50 YEARS OF SOUTHERN LIBERATION AND NATIONAL REUNIFICATION

COMMEMORATING 50 YEARS OF SOUTHERN LIBERATION AND NATIONAL REUNIFICATION

April 30, 1975, marks a sacred milestone in the history of Vietnam — the day our nation was reunified, fulfilling a long-standing aspiration after years of heroic struggle. On the occasion of the 50th anniversary of Southern Liberation and National Reunification (April 30, 1975 – April 30, 2025), ALTAS respectfully pays tribute to the generations who sacrificed for peace, independence, and the future of our nation.

30 April 2025

SPECIAL BULLETIN: IMPORTANT ANNOUNCEMENT FROM THE TAX AUTHORITY REGARDING TAX OBLIGATION COMPLIANCE

SPECIAL BULLETIN: IMPORTANT ANNOUNCEMENT FROM THE TAX AUTHORITY REGARDING TAX OBLIGATION COMPLIANCE

We are writing to bring to your immediate attention a critical Open Letter ("Thư Ngỏ") recently issued by the tax authorities. This letter signals a significant and concerning escalation in their efforts to identify and penalize tax non-compliance. We urge you to carefully consider the implications outlined below:

30 April 2025

Navigating Vietnam's Administrative Reforms: Legal Implications and Support Services

Navigating Vietnam's Administrative Reforms: Legal Implications and Support Services

On 11th April 2025, the 11th plenum of the 13th Party Central Committee has ended with a landmark approval on administrative overhaul in Vietnam, which will consolidate the country's 63 localities into 6 cities and 28 provinces, represent a fundamental shift in the administrative structure and will necessitate careful consideration from all enterprises operating in Vietnam.

30 April 2025

Students from Ho Chi Minh City University of Law Visit ALTAS CORP – A Step Closer to Real-World Legal Practice

Students from Ho Chi Minh City University of Law Visit ALTAS CORP – A Step Closer to Real-World Legal Practice

Recently, students from the Faculty of International Law, University of Law – Ho Chi Minh City, had the valuable opportunity to participate in a field trip to ALTAS CORP – a reputable company operating in accounting, finance, and legal consulting. This visit not only provided an insightful look into the professional workplace environment but also served as a platform for meaningful exchange and learning from leading industry experts.

30 April 2025

Artificial Intelligence in Daily Life and Business

Artificial Intelligence in Daily Life and Business

Artificial Intelligence (AI) stands as one of the most transformative technologies of the 21st century, reshaping both daily life and business landscapes. From automating routine tasks to optimizing complex processes, AI is redefining human interaction with technology. With its rapid advancement, Vietnam and the global community are witnessing a surge in AI applications across various sectors.

30 April 2025

ALTAS WELCOME NEW MEMBER [LEGAL DEPARTMENT]

ALTAS WELCOME NEW MEMBER [LEGAL DEPARTMENT]

We are excited to have Huy join us as our newest Legal Intern! With his passion and dedication, we are confident he will be a valuable addition to our team.

30 April 2025

EU Markets in Crypto-Assets Regulation (MiCA) - Part 3: Main Operational Conditions for Crypto-Asset Trading Platform

EU Markets in Crypto-Assets Regulation (MiCA) - Part 3: Main Operational Conditions for Crypto-Asset Trading Platform

Introduced by the European Commission as part of the Digital Finance Package, which includes other legislative proposals like the DLT Pilot Regime and DORA, Regulation (EU) 2023/1114 of 31 May 2023 on markets in crypto-assets (“MiCA” or “Markets in Crypto-Assets Regulation”) establishes a comprehensive and harmonized framework for regulating crypto-asset markets across the European Union (EU). By overseeing the issuance of crypto-assets and the provision of related services, MiCA sets the groundwork for a unified regulatory environment for crypto-assets in the EU. This regulation has been fully effective since 30 December 2024.

30 April 2025

ALTAS OFFICIALLY BECOMES A MEMBER OF BNI VIETNAM

ALTAS OFFICIALLY BECOMES A MEMBER OF BNI VIETNAM

On the morning of April 1st, 2025, Ms. Nguyễn Nhạc Thiên Ân, Director Member at ALTAS Accounting, officially joined BNI Vietnam, becoming a member of Chapter Mega Stars. This marks a significant milestone, opening up strategic collaboration opportunities between ALTAS and BNI, aiming for sustainable growth and effective business networking.

30 April 2025

Suggestions for the Draft Decree and Regulations on the National Data Fund

Suggestions for the Draft Decree and Regulations on the National Data Fund

In February 2024, the Prime Minister issued Decision No. 142/QD-TTg on the National Data Strategy, marking a significant step in the development and improvement of the information infrastructure to serve digital transformation. In particular, on November 30, 2024, the National Assembly officially passed the Data Law, which includes provisions on the National Data Development Fund ("Fund") – a state financial fund established to mobilize social resources to support the construction, development, exploitation, application, and governance of national data. The government is tasked with issuing regulations related to the establishment, management, and use of this Fund.

31 March 2025

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