Việt Nam’s exporters faced a significant increase in the number of trade defence investigation cases this year, on the back of rising protectionism worldwide, according to the Ministry of Industry and Trade.
The General Department of Customs issued directives to provincial and municipal customs departments, highlighting specific issues related to steel imports.
The rapid development of science and technology, especially the explosion of the Internet and digital platforms, has d a digital economy full of potential and opportunities for socio-economic development.
The tax authority is to clamp down on tax evasion by Vietnamese nationalities who generate income on international e-commerce and social media platforms.
The US Department of Commerce (DOC) has announced the extension of deadline for issuing the final conclusion on the anti-dumping and anti-subsidy tax evasion investigation into hardwood plywood imported from Viet Nam.
The Ministry of Industry and Trade has issued a decision to investigate the evasion of trade remedies for cane sugar products originating from Thailand.
The Ministry of Industry and Trade (MoIT) will continue to support domestic enterprises, especially small and medium-sized firms, to improve their awareness of trade remedies.
While local export products have been facing more anti-dumping investigations and tax evasion cases in foreign countries, Vietnamese enterprises are still unaware of the risk.
The Ministry of Industry and Trade has urged enterprises to be aware of and not participate in origin fraud, illegal transshipment and evasion of trade remedies to avoid the risks of being sued for the applications of trade defence measures.
Viet Nam faces increasing tax evasion and avoidance as policies have not kept up with reality, according to a report by Viet Nam Institute for Economic and Policy Research (VEPR) and Oxfam.
The Ministry of Industry and Trade (MoIT) has said it will talk with the US on the case of local Minh Phu seafood firm, which was accused of tax evasion in the US.
Some Vietnamese exports have been investigated for origin fraud and tax evasion, which requires tougher action from the Government to settle the problem and keep its exports growing.