Categories: Update

Increasing the deposit for international tourism business

Recently, the Government has issued Decree 180/2013/ND-CP in which the deposit for international tourism business rises double. Accordingly, the deposit for tourists entering Vietnam is VND 250 million, for foreign tourists or both of above forms is VND 500 million.

The amount of money must be deposited at a bank, the enterprise shall enjoy interests pursuant to agreement with bank. This amount of money shall be refunded upon decision to withdraw business certificate or when the enterprise has completed obligations for clients.

The Decree 180 takes effects on January 1st 2014.

 

Tuan Nguyen

Recent Posts

Foreign Investment Capital Accounts Under Circular 38/2026/TT-NHNN: 8 Key Points for Foreign Investors

Foreign investment capital accounts under Circular 38/2026/TT-NHNN changed the foreign-exchange framework for foreign investment from…

16 hours ago

Vietnam Construction and Real Estate Penalties: 7 Key Points Under Decree 339

The Government introduced Decree 339 to make enforcement of construction and property rules more consistent…

21 hours ago

Proving Contract Damages in Vietnam: 7 Records a Company Should Prepare

A breach of contract usually costs the company real money. The difficulty is that a…

1 week ago

Apostille for Vietnamese Documents: 5 Civil Status Checks

For a filing on or after September 11, 2026, the Apostille for Vietnamese documents can…

1 week ago

Vietnam Personal Data Protection Penalties: What Decree No. 330/2026/ND-CP Means for Companies

Vietnam personal data protection penalties took effect on August 19, 2026. Decree No. 330/2026/ND-CP sets…

2 weeks ago

Late Payment Interest in Vietnam: 6 Checks Before Calculating a Claim

At first look, an unpaid invoice would mean the amount the debtor needs to pay.…

2 weeks ago

This website uses cookies.