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tax rates

VAMA suggests changes in special consumption tax rates for EVs

VAMA suggests changes in special consumption tax rates for EVs

The proposed decrease in tax rates for self-charging hybrid electric vehicles (HEVs) with nine seats or fewer, as outlined in a draft law by the Ministry of Finance, appears to be a significant shift in tax policy, according to experts. 
Ministry urges higher tax rate for swing trading of real estate

Ministry urges higher tax rate for swing trading of real estate

The proposal was raised in a draft report on the programme of developing laws and ordinances in 2024, which will be submitted to the Government for consideration.
Petrol price may go down substantially in April

Petrol price may go down substantially in April

Petrol price is expected to go down substantially from April after the National Assembly on March 23 passed the resolution on reduction of environmental protection tax rates on petroleum products.
Customs revenue surpasses target

Customs revenue surpasses target

Revenue from the General Department of Customs (GDC) in 2017 hit VND297 trillion (US$13 billion) last year, a year-on-year increase of 9.5 per cent and equivalent to a 4.3 per cent increase on the annual target. This was revealed at a...
MoF refuses to cut tax rates for coal industry

MoF refuses to cut tax rates for coal industry

The Ministry of Finance has refused to reduce tax rates for the coal industry, citing the fact that tax reduction is beyond the Government’s authority.
Tax incentives offered for software enterprises

Tax incentives offered for software enterprises

To encourage the development of the software industry, the Vietnamese Government offers special incentives on corporate income tax (CIT) for enterprises in this industry, such as preferential tax rates, CIT exemption and a reduction period:
Vietnamese wood exports to grow rapidly

Vietnamese wood exports to grow rapidly

Viet Nam''s export market for wood products will enter a golden period, according to Vice Chairman of the Handicraft and Wood Industry Association of HCM City (HAWA) Huynh Van Hanh.
VASEP opposes anti-dumping tax

VASEP opposes anti-dumping tax

The Viet Nam Association of Seafood Exporters and Producers (VASEP) has voiced its objection to the anti-dumping tax rates on imported Vietnamese tra fish imposed by the preliminary decision of the US Department of Commerce (DOC) after the ninth administrative review (POR9).