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MoF

Ministry proposes continued tax and fee cuts to promote economic growth

Ministry proposes continued tax and fee cuts to promote economic growth

In line with its authority, MoF has released a circular that governs the reduction of 35 fees and charges across sectors such as securities, healthcare, citizen identification, and the assessment of construction investment projects.
MoF proposes fuel tax cut for 2024

MoF proposes fuel tax cut for 2024

The tax cut has been praised by economists and the business community as one of the more practical and most efficient support policies by the government for economic recovery post-COVID-19.
MoF receives complaints about insurance products

MoF receives complaints about insurance products

The Ministry of Finance (MoF) says that since its hotline for insurance products went into operation on February 2023, the ministry already received and handled 213 petitions over the phone and 479 via email.
Finance ministry unveils wrongdoings of insurance companies

Finance ministry unveils wrongdoings of insurance companies

Many banks missold life assurance policies, with some customers having their savings deducted to purchase agreements without their knowledge, a MoF investigation has found.
MoF to submit solutions to strengthen bond market

MoF to submit solutions to strengthen bond market

The ministry proposed to continue applying regulations on identifying professional securities investors in Resolution 65 from January 1, 2024.
MoF to raise taxes on land and housing

MoF to raise taxes on land and housing

Taxes on land and housing in Viet Nam are far lower than those in other countries, exposing the need for higher tax rates to improve fiscal revenues.
MoF proposes reduced tax for import petrol

MoF proposes reduced tax for import petrol

The Ministry of Finance (MoF) has proposed the Government cut the most favoured nation (MFN) tariff for unleaded petrol from the current rate of 20 per cent to 12 per cent.
Ministry proposes extending excise tax payment for local auto firms

Ministry proposes extending excise tax payment for local auto firms

The Ministry of Finance (MoF) has proposed the Government continue extending the deadline for excise tax payment for domestically-manufactured and assembled cars.
MoF proposes draft to cut corporate income tax

MoF proposes draft to cut corporate income tax

The Ministry of Finance (MoF) has proposed a draft to reduce corporate income tax by 30 per cent to support pandemic-hit businesses for the 2021 financial year.
MoF proposes to impose tariff on exported gold

MoF proposes to impose tariff on exported gold

The Ministry of Finance (MoF) has just proposed to increase export tax on gold products of less than 95 per cent purity to 2 per cent from 0 per cent.
MOF extends fee cuts to support listed firms until end of 2021

MOF extends fee cuts to support listed firms until end of 2021

The aim is to support the country''s stock market amid a surge in COVID-19 cases. 
Tax deadline should be delayed for businesses, said MoF

Tax deadline should be delayed for businesses, said MoF

Businesses may have several additional months before they have to pay income tax and land use fees, said a proposal by the Ministry of Finance (MoF) to the Government. 
Long history brand is no longer an important factor

Long history brand is no longer an important factor

Around the time he first started, the company employed as many as 700 people. Today that number is around a dozen, and Ngoc is not one of the lucky ones.
Finance ministry warns of risks in high bond yield rates

Finance ministry warns of risks in high bond yield rates

Bond issuance is becoming a popular channel for firms to raise capital for its efficiency and convenience. To attract investors, some companies have even raised bond yield rates higher.
Tax incentives given to automobile manufacturers, electric car imports

Tax incentives given to automobile manufacturers, electric car imports

Prime Minister Nguyen Xuan Phuc has instructed the Ministry of Finance to look at taxes and fees related to automobile manufacturing and assembly.