Procedure to Lift Exit Ban Due to Tax Arrears

Key pointsMicrosoft has confirmed that its organizational restructuring in Vietnam will affect some employees, although specific numbers and departments have not been disclosed. On October 13, a company representative stated that changes in the operation of internal groups have led to some job adjustments. Prior to this, rumors circulated that the entire engineering team in Vietnam would be laid off, but there has been no official confirmation. Microsoft has stated that it will provide support to affected employees during the transition period.
Business impactThis workforce reduction is part of Microsoft's global workforce adjustment and may impact its operations in Vietnam. The HR department will need to consider future staffing and operational reviews.

Key pointsThe Ministry of Finance of Vietnam has released detailed documentation on the procedures to lift exit bans due to tax arrears. It states that if the unpaid tax amount falls below a certain threshold, the exit ban can be lifted.
Business impactJapanese companies should monitor this development and assess its impact on related transactions, contracts, and local operations.

Key pointsA bill to ban the display of tobacco products has been proposed in the Vietnamese National Assembly, with discussions ongoing regarding its implementation methods and start date. Small shop owners are concerned about violating the law and are uncertain about how to remodel their stores. Current laws restrict tobacco displays, but the amendment proposes a complete ban on all forms of display, which may pose risks due to legal ambiguities for small businesses.
Business impactJapanese companies should pay attention to legal changes in Vietnam's retail sector, especially when dealing with tobacco-related products, and seek specific guidelines for compliance. It is crucial to review business strategies before new regulations on sales methods and displays are enforced.

Key pointsThe tax authority has introduced a system that lifts exit bans approximately 15 minutes after taxpayers have fully paid their taxes. Once payment is completed, the tax authority's system automatically sends a notification to the immigration management bureau. This process can be conducted through eTax mobile and the national public service portal, allowing for a quick response. It is particularly important for taxpayers to directly contact the tax authority to confirm necessary procedures, as complex cases may take several weeks to process.
Business impactJapanese companies need to understand the new system for lifting exit bans and manage their tax obligations appropriately. Quick responses are especially required if a legal representative is subject to an exit ban.

Key pointsOscar Wong from FPT highlighted the need for a multifaceted approach in transferring high-speed rail technology, emphasizing investment effectiveness, local adaptability, and enhancement of domestic technical capabilities. He identified eight critical factors to consider during technology transfer, particularly stressing the importance of system compatibility and knowledge transfer. This aims to enable Vietnamese engineers and companies to engage deeply in operation, maintenance, and technological development. Additionally, he noted the necessity of evaluating economic efficiency throughout the entire lifecycle.
Business impactJapanese companies must understand the selection criteria for technology transfer in Vietnam's railway projects and establish appropriate partnerships. It is essential to prioritize plans for technology compatibility and knowledge transfer while considering strategies for long-term operation and maintenance.

Key pointsQuang Ninh Construction Joint Stock Company (UPCoM: QNC) has announced materials for the extraordinary shareholders meeting in 2026, indicating that its major shareholder, Blue Sem Vietnam, will acquire voting shares without conducting a public buyout. This move may impact the company's shareholding structure.
Business impactJapanese companies should pay attention to changes in shareholder composition, as they may be affected in terms of M&A and investment strategies, necessitating careful responses.

Key pointsUS-based Pacifico Energy has partnered with Vietnam's PTSC to launch a total of 1800MW wind power project in Ho Chi Minh City and Lam Dong Province, with an expected investment of over 150 trillion VND. The project is set to begin surveys in 2026, aiming to provide sustainable energy.
Business impactThis project presents an opportunity for Japanese companies to enter the renewable energy market, highlighting the importance of reassessing energy-related business strategies.