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Tax

NA approves resolution on VAT cut

NA approves resolution on VAT cut

The 15th National Assembly (NA) voted to pass a resolution on a value-added tax (VAT) reduction on Tuesday morning as part of its ongoing 9th session.
NA approves resolution on VAT cut

NA approves resolution on VAT cut

The 15th National Assembly (NA) voted to pass a resolution on a value-added tax (VAT) reduction on Tuesday morning as part of its ongoing 9th session.
KiotViet launches programme to ease e-invoice switch for small businesses

KiotViet launches programme to ease e-invoice switch for small businesses

KiotViet, a top POS provider, has launched a nationwide drive to help small businesses adopt e-invoices via cash registers, supporting the Government’s digital tax push.
Tax revenues from individual and household businesses increased on tax crackdown

Tax revenues from individual and household businesses increased on tax crackdown

Taxes collected from e-commerce rose strongly by 55 per cent year-on-year to reach VNĐ75 trillion in January–May.
Tax department to hold online programme for digital sellers

Tax department to hold online programme for digital sellers

In the first five months of 2025, tax authorities collected VNĐ74.4 trillion (US$2.9 billion) from organisations and individuals engaged in e-commerce and other digital economy activities, up 55 per cent year-on-year.
Easing business households shift to e-invoices

Easing business households’ shift to e-invoices

Starting June 1, business households with large annual revenues have been required to transition from lump-sum tax payments to payments based on actual revenue.
The US investigates Vietnamese plywood

The US investigates Vietnamese plywood

The products under investigation mainly belong to HS codes 4412 and 9403.
Large business households required to use e-invoices from June 1

Large business households required to use e-invoices from June 1

Business households with large annual revenues from June 1 will be required to transition from lump-sum tax payments to tax payment based on actual revenue, as mandated by Decree 70/2025/NĐ-CP. 
Proposal to not exempt tax on cross-border e-commerce goods

Proposal to not exempt tax on cross-border e-commerce goods

The VCCI recently commented on the draft decree regulating customs management of exported and imported goods traded via e-commerce to the Ministry of Finance (MoF).
Abolishing presumptive tax ensures greater fairness and transparency: experts

Abolishing presumptive tax ensures greater fairness and transparency: experts

The resolution also emphasises the need to complete the legal framework for individual business operations, accelerate digitalisation and simplify tax, insurance and accounting procedures.
Seafood industry will diversify market to achieve export target

Seafood industry will diversify market to achieve export target

Việt Nam’s seafood sector is setting ambitious goals for 2025 with a 4.35 per cent growth rate and an export turnover of $11 billion. 
Special consumption tax to be imposed on petrol to meet environmental goals

Special consumption tax to be imposed on petrol to meet environmental goals

Environmental pollution is on the rise, and without imposing a tax on petrol, it will be difficult to change consumer behavior, the minister stated. A special consumption tax on petrol has been in place since 1998.
Proposed 20% tax on real estate profits sparks concerns

Proposed 20% tax on real estate profits sparks concerns

A proposal to impose a 20-per-cent tax on profits from real estate transfers could negative impacts on the housing market and overall accessibility for homebuyers.
Imposing SCT on beer and alcohol products needs a harmonised approach

Imposing SCT on beer and alcohol products needs a harmonised approach

Though both policymakers and industry insiders agree that increasing SCT is needed, they acknowledge that the issue is not merely a health-related issue, it is a matter of benefit balance among stakeholders – the State, beer makers and the public. 
Finance ministry considers 20 per cent tax rate on gain from property transfers

Finance ministry considers 20 per cent tax rate on gain from property transfers

As part of its review for personal income tax reforms, the proposal is outlined in the ministry’s recent report sent to the National Assembly, in which two methods for calculating tax on property transfers are under consideration.