Labor Regulations Update in March 2025

DECREE NO. 70/2025/NĐ-CP ON INVOICES, DOCUMENTS

On 20th March 2025, the Government issued Decree 70/2025/NĐ-CP, amending and supplementing a number of Articles of Decree No. 123/2020/ND-CP on invoices and documents.

Talentnet would like to summarize some of the notable amended and supplemented contents related to the field of human resources and payroll as follows:

1. Amendment and supplementation of Clause 2, Article 4 of Decree 123/2020/NĐ-CP, as follows:

When deducting personal income tax, collecting taxes, fees, and charges, the organization or individual deducting taxes, the organization collecting taxes, fees, and charges must issue the tax withholding certificates, tax, fee, and charge collection receipt and give them to the income earner subject to tax deduction, the taxpayer, fee payer, and charge payer, and must fully record the contents as per regulations. In the case of using electronic documents, it must comply with the standard data format of the tax authority. In the case where an individual authorizes for tax finalization, a tax withholding certificate is not required.

For individuals who do not sign a labor contract or sign a labor contract for less than 03 months, the income-paying organization or individual issue a tax withholding certificate for each tax deduction or issue a tax withholding certificate for multiple tax deductions in a tax year upon the individual’s request. For individuals who sign a labor contract for 3 months or more, the income-paying organization or individual only issue a tax withholding certificate to the individual in a tax year.

2. Amendment and supplementation of Form No. 03/TNCN regarding the tax withholding certificate. Accordingly, expand the categories of recipients eligible for the certificate to include Household Businesses and Individual Businesses; add the indicator “Donations for Charitable, Humanitarian, and Educational Purposes”; add the indicator “Total Accessible Income.”

DECISION NO. 381/QĐ-BTC REGULATING THE FUNCTIONS, DUTIES, POWERS AND ORGANIZATIONAL STRUCTURE OF THE TAX DEPARTMENT

On 26th February 2025, the Ministry of Finance issued Decision 381/QĐ-BTC regulating the functions, duties, powers, and organizational structure of the Tax Department.

Accordingly, from 1st March 2025, the General Department of Taxation is renamed the Tax Department and is organized from the central to local levels in a three-tier model:

• Tax Department: 12 units
• Regional Tax Sub-Departments: 20 units
• District-level Tax Teams: 350 units

The list of 20 Regional Tax Sub-Departments under the new model is as follows:

With this new organizational structure and nomenclature, Talentnet recommends you taking note and adjusting in announcements, communications, or related reports.

DECISION 391/QĐ-BTC REGULATING THE FUNCTIONS, DUTIES, POWERS, AND ORGANIZATIONAL STRUCTURE OF VIETNAM SOCIAL SECURITY UNDER THE MINISTRY OF FINANCE

On 26th February 2025, the Ministry of Finance issued Decision 391/QĐ-BTC regulating the functions, duties, powers, and organizational structure of Vietnam Social Security.

Accordingly, from 1st March 2025, Vietnam Social Security is organized from the central to local levels in a three-tier system as follows:

• Vietnam Social Security: 14 advisory units at the central level
• Regional Social Security: 35 regions
• District-level Social Security: no more than 350 units

The names, head offices, and management areas of the Regional Social Security from 1st March 2025, are as follows:

With this new organizational structure and nomenclature, Talentnet recommends you taking note and adjusting in announcements, communications, or related reports.