A discussion on securities investment in Vietnam for foreign investors. The content focuses on guiding through the basic steps to participate in Vietnam's securities market, including opening a securities trading account, establishing a capital contribution account, and obtaining a securities trading code.

The program also emphasizes the role of regulatory bodies such as the State Securities Commission (SSC) and Vietnam Securities Depository (VSD), while explaining regulations on foreign ownership, price limits, legal compliance (including ownership change reporting and insider trading prevention), and recommends seeking support from local experts. Finally, the program discusses smart investment strategies in Vietnam, including portfolio diversification and thorough market research. The main purpose is to provide practical information and advice for foreign investors wanting to participate in Vietnam's securities market.

Today we're discussing Vietnamese tax law for expats with a tax specialist, based on the Harley Miller Law Firm guide.

Tax Residency

You're considered a tax resident in Vietnam if you either:

• Stay 183+ days in a calendar year
• Have a habitual residence (permanent address)

Tax Rates

Residents: Progressive system from 5% to 35% on worldwide income Non-residents: Flat 20% on Vietnam-sourced income only

Deductions

• Personal: 132M VND/year
• Dependent: 4.4M VND/month per dependent
• Other: Insurance, pensions, charitable donations

Double Taxation Agreements (DTAs)

Vietnam has agreements with 80+ countries to prevent double taxation through tax credits, exemptions, or reduced rates.

Tax Registration

Three options:

• Direct registration at tax office
• Through employer
• Online via e-portal

Key Deadlines

• Monthly: 20th of following month
• Quarterly: Last day of next quarter's first month
• Annual: Last day of fourth month after year-end
• Early departure: File within 45 days

Housing Allowances

• Taxable if paid through paycheck
• Non-taxable if employer pays landlord directly
• Maximum taxable amount: 15% of total income

Record Keeping

Keep all tax documents for 5 years in case of audits or disputes.

Resources

• Harley Miller Law Firm website
• General Department of Taxation website
• Professional newsletters
• Expat community forums

Today we're exploring delisting - when a company's shares are removed from a stock exchange. While this might sound concerning, delisting can happen for various legitimate reasons.

There are two types of delisting: mandatory and voluntary. Mandatory delisting occurs when companies violate exchange rules or fail to meet requirements. The exchange monitors companies and can force delisting to protect investors.

For mandatory delisting, companies get a chance to explain and address issues. If problems persist, the exchange announces the delisting decision. Companies usually get a 30-day grace period, except in cases of fraud.

Voluntary delisting happens when companies choose to leave the exchange, often for strategic reasons like restructuring or going private. This requires shareholder approval through a general assembly meeting.

In both cases, investor protection is key. Companies must provide clear communication and fair share buyback plans. Information is shared through official channels, and independent experts may help determine fair prices.

The process balances company freedom with investor protection through regulations and safeguards.