According to an update from the OECD, Vietnam deposited on 31 August 2023 its ratification instrument for the OECD-Council of Europe Convention on Mutual Administrative Assistance in Tax Matters as amended by the 2010 protocol. The Convention will enter into force for Vietnam on 1 December 2023 and will generally apply from 1 January 2024, although it may apply for earlier periods between signatories if agreed to and applies in relation to any period regarding criminal matters.