The adoption of International Financial Reporting Standards (IFRS) would help Viet Nam a more transparent business environment to attract foreign direct investment.
Viet Nam is confronting challenges in the process of restructuring the public financial sector, Deputy Minister of Finance Do Hoang Anh Tuan said during a forum on Thursday.
For the first time, domestic tax collection hit the VND1 quadrillion (US$43.9 billion) milestone this year, according to statistics of the General Department of Taxation.
Deputy Minister of Finance Do Hoang Anh Tuan said on Thursday that there
was no evidence that Intel Products Viet Nam Co., Ltd had intentionally
not paid its taxes.