Official Letter No. 7902/CCTKV.XVI-QLDN2 dated May 19, 2025, issued by the Regional Tax Sub-Department XVI regarding the conversion of financial statements from USD to VND

In cases where a company prepares its financial statements in a foreign currency, it must convert the financial statements into Vietnamese Dong when publicly disclosing them and submitting them to relevant State management authorities in Vietnam. The conversion of financial statements from a foreign currency into Vietnamese Dong must comply with the provisions set out in Clause 2, Article 107 of Circular No. 200/2014/TT-BTC issued by the Ministry of Finance.

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