Official letter 25619/CT-TTHH on instructions for affiliate transactions are as follows:
In case, the owner of the Company is also the owner of another enterprise in a foreign country, between the Company and the foreign company are considered related parties. Therefore, in case the Company has transactions with related parties, the Company is subject to Decree 20/2017 / ND-CP and must be responsible for declaring related relationship and transaction information. Associate in accordance with the provisions of this Decree.
