ICL - July 2024 - Newsletter - Tax & Legal Update

ICL - July 2024 - Newsletter - Tax & Legal Update

We would like to bring you the latest issue of the ICL Tax & legal Update Newsletter in July 2024 as below.:

Operational updates

  1. Increase base salary to 2.34 million VND/ month, implement bonus regime
  2. Increase 6% of regional minimun wage (Decree 74/2024/ND-CP)
  3. Increase pensions by 15% and increase benefits
  4. Reduce value added tax to 8% from 01/07 to 31/12/2024

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Download the full documents in below.

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