We would like to bring you the latest issue of the Tax & Legal Update Newsletter in July 2024 as below:
1. Increase base salary to 2.34 million VND, implement bonus regime.
2. Increase 6% of regional minimum wage (Decree 74/2024/ND-CP).
3. Increase pensions by 15% and increase benefits.
4. Reduce value added tax to 8% from 01/07/2024 to 31/12/2024.