This space brings you insight and analysis of topical and ongoing business issues from the professionals at AA Vietnam.
US-Vietnam Bilateral Trade Agreement Takes Effect
On 10 December 2001, an exchange of letters took place in Washington, between the US Trade Representative Robert Zoellick and Vietnam's Minister of Trade Vu Khoan, officially and immediately giving effect to the Bilateral Trade Agreement.
New Vietnamese Accounting Standards
As part of Vietnam's commitment to develop its accounting system and align itself with accounting regimes of developed countries, the Ministry of Finance (MoF) has promulgated Circular 55/2002/TT-BTC on 26 June 2002 and the Circular is effective for the 2002 fiscal year.