Home » Newsletter » Will Income From Cryptocurrency Be Taxed In Vietnam? (VDB Loi Insights)


February 2022


Will Income From Cryptocurrency Be Taxed In Vietnam?

Cryptocurrency trading is not new and attracts a lot of participants. However, there is currently lacking of a full legal framework to recognize the cryptocurrency whether as an asset...


Amended Union Tax Law 2021 increases the commercial tax rate on internet services and expands the income range of undisclosed source of income

[From our Taxation Team - Myanmar Office]

The State Administration Council enacted Law No. 1/2022 on Amending the Union Tax Law 2021 (“Amended UTL 2021”) on 6 January 2022 to increase... 

Interest Free Loans – Tax Reassessment Risk

[From our Cambodia Office]

With a lack of thin capitalization rules in Cambodia, interest free loans have been the norm for many Multinational Enterprises funding their investment and... 

Central Bank of Myanmar – New Notification on Write-off of Loans

[From our Banking and Finance Team - Myanmar Office]

The Central Bank of Myanmar (“CBM”) issued a notification on 20 January 2022 regarding ‘write-off’ of loans given by banks and non-bank financial institutions... 

What Is the Current Status of the New Trademark Registration and How Does It Work?

[From our Regulatory Team - Myanmar Office]

Trademark registration has been somewhat in limbo since a new trademark law, which has not yet entered into force, was enacted on 30 January... 

Prakas Provides New Rules and Procedures on Trusts

[From our Cambodia Office]

Three years on from the issuance of the Law on Trusts (dated 2 January 2019), the Non-Banking Financial Services Authority (“NBFSA”) issued Prakas No.... 

Result of the Final Winner for the Development of the Second Phase 40mw Solar Photovoltaic Power Plant Project in Kampong Chhnang Province, Cambodia

[From our Cambodia Office]

For the development of the 100MW national solar park in Kampong Chhnang Province, the Kingdom of Cambodia, the ELECTRICITE DU CAMBODGE (“EDC”) has hosted... 


M&A in Cambodia: VDB Loi Cambodia advised on a potential joint venture for a mining business client of a top regional law firm.

Multibillion dollar PPP project in Dhaka, Bangladesh: Our Dhaka team was engaged to provide strategic and project procurement advice to the potential sponsors of an urban PPP project with an estimated investment cost exceeding US$1 billion.

Tax audit services in the Lao PDR: The VDB Loi tax team is assisting the subsidiary of a global beverage company with resolving its tax audit in the Lao PDR.

For local expertise in Vietnam, global firms choose VDB Loi: The Vietnam team is providing tax advice on a cross-border transaction for a top corporate advisory firm.

Corporate and regulatory services in Myanmar: VDB Loi is assisting a global telco with its corporate and regulatory compliance in Myanmar.