It’s mandated that enterprises operating in Vietnam should retain important documents for periods of five or ten years with certain documentation being retained indefinitely. Documents that should be retained for a period of five years include all documents that are used in the management and operation of an organization. Documents that must be retained for a period of ten years include accounting and bookkeeping records. This can include financial statements, accounting books, and reports. Documents that need to be kept indefinitely include those that are of significance to the national security and defense of the country.