Tax authorities in Ho Chi Minh City issued Official Letter 9933 / CT -
TTHT on October 14, 2016.
The contents are as follows.
When a company gives a value of more than 200,000 VND per employee, it
is necessary to issue a VAT invoice to each employee and make a tax declaration
as a normal sales transaction.
If the gift price is less than 200,000 Vietnamese dong per capita, the
company can respond by issuing only a single invoice with a list of employees.