The Vietnam government has recently issued changes concerning employer social security contributions and the depreciation of complex (mixed-use) buildings.
Social Security Contributions
Three main changes (one pending) are made affecting employer social security contributions:
- Decree 47/2017/ ND-CP of 24 April 2017 provides that effective 1 July 2017, the minimum monthly salary is increased to VND 1.3 million, which increases the contribution basis cap to VND 26 million per month (20 time…