MoF proposes changes to preferential tax policies

Tuesday, Mar 28, 2023

A number of changes have been proposed to Viet Nam''s preferential tax policies by the Ministry of Finance (MoF).

VN needs to move forward on global minimum tax

Wednesday, Jan 18, 2023

Given the short timeline before the global minimum corporate income tax was in force, experts urged Viet Nam to take action to come up with appropriate tax policies in adaptation to the global minimum corporate tax in order to remain an...

Construction ministry studies real estate tax policies

Saturday, Nov 12, 2022

The Ministry of Construction (MoC) has proposed to study and complete tax suitable policies for real estate, thus encouraging effective use of houses and land, limit speculation, and ensure State budget revenue.

VCCI proposes changes to tax policies

Thursday, Mar 10, 2022

The Vietnam Chamber of Commerce and Industry (VCCI) recently sent an official dispatch to the Ministry of Finance, suggesting changes to tax policies.

Environmental tax policy may be adjusted

Saturday, Feb 26, 2022

The Tax Policy Department and the General Department of Taxation has been assigned to prepare, research, and develop a plan to adjust tax policies for environmental protection for petroleum products and promptly report to the Prime Minister before February 28.

Indian firms to benefit from Vietnamese pharmaceutical industry: expert

Thursday, Feb 25, 2021

Nguyen Van Phung, director of the Department of Tax Administration at Large Enterprises from the General Department of Taxation, spoke with Viet Nam News about incentive tax policies for Indian corporations investing in the Vietnamese pharmaceutical industry

Gov’t support aids automobile industry

Tuesday, Oct 13, 2020

VDSC pointed out that the domestic automobile industry was benefiting from three policies.

No special treatment for support industries: MoF

Wednesday, May 06, 2020

The Ministry of Finance and the Ministry of Industry and Trade have failed to find common ground with regards to tax policies for Viet Nam’s support industry enterprises.

Firms demand tax incentives to fight economic downturn

Friday, Apr 17, 2020

Capital city-based businesses on Thursday asked for specific tax policies from local authorities as they struggle with the economic downtrend caused by COVID-19.

Storm brewing over special tax regime proposal

Monday, Oct 23, 2017

A special high tax proposed by some provinces and cities is being questioned by economists due to its controversial impacts on Viet Nam’s tax policies.  

PM proposes higher tax for nine-seater vehicles

Wednesday, Jul 22, 2015

Prime Minister Nguyen Tan Dung has asked the Ministry of Finance and other relevant ministries to review tax policies and fix a new import tax rate for high-powered cars.

Auditors tell Sabeco to pay up

Tuesday, Jul 14, 2015

State Audit officials said an investigation into Sai Gon Beer Alcohol Beverage Joint Stock Corporation (Sabeco) reveal-ed gaps in special con-sumption tax policies.

Beer consumption declines following tax hike: study

Friday, Oct 03, 2014

The consumption of beer in Viet Nam in Q1 this year fell by 7.5 per cent compared with last year following a 5-per cent increase in the product''s special consumption tax.

Petrolimex cuts petrol price by VND600

Tuesday, Aug 19, 2014

The Viet Nam National Petroleum Group (Petrolimex) yesterday reduced the price of RON 92 gasoline by VND600 (2.8 US cents) to VND24,210 ($1.15) per litre.

Local knowledge helps foreign processing firms

Wednesday, May 21, 2014

Processing is no longer deemed a novel economic activity in Viet Nam. In this article, PLF covers several issues for foreign investors when outsourcing processing.