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tax

Dialogue on tax and customs policies to ease business operations

Dialogue on tax and customs policies to ease business operations

The Ministry of Finance and the Việt Nam Chamber of Commerce and Industry on Tuesday held a dialogue on tax and customs policies with more than 500 companies, aiming to remove difficulties and favourable conditions for business operations.
Tax revenue from e-commerce surpasses US4.2 billion

Tax revenue from e-commerce surpasses US$4.2 billion

With the rapid growth of the e-commerce market, tax revenue from this sector reached about VNĐ108 trillion (US$4.25 billion) in the first 11 months of 2024.
2-per-cent VAT reduction extended to the end of June

2-per-cent VAT reduction extended to the end of June

The National Assembly has approved an extended reduction of value added tax (VAT) from 10 per cent to 8 per cent until the end of June.
Finance ministry proposes changes in new personal income tax law

Finance ministry proposes changes in new personal income tax law

The replacement law is set to be approved by the National Assembly at its 11th session in May 2026.
From 2026, small businesses with revenues under VNĐ200 million will be exempt from VAT

From 2026, small businesses with revenues under VNĐ200 million will be exempt from VAT

From January 1, 2026, individuals and household businesses earning under VNĐ200 million annually will be exempt from VAT.
Top 10 largest corporate tax payers contribute over US13 billion to State budget

Top 10 largest corporate tax payers contribute over US$13 billion to State budget

A list of companies that paid the most taxes was compiled based on statistics from June 30, 2023 to March 31, 2024.
Mobile World expected to benefit from online business tax collection

Mobile World expected to benefit from online business tax collection

Fair competition will be re-established as all businesses are held to the same tax standards.
General Department of Customs warns of tax evasion schemes in steel imports

General Department of Customs warns of tax evasion schemes in steel imports

The General Department of Customs issued directives to provincial and municipal customs departments, highlighting specific issues related to steel imports.
Tax shift: e-commerce platforms could shoulder seller tax responsibilities

Tax shift: e-commerce platforms could shoulder seller tax responsibilities

The proposed amendment would require platforms like Facebook, Apple and Netflix, which generate revenues in Việt Nam, to register and pay taxes directly or through authorised representatives starting January 1, 2025.
Special consumption tax on alcoholic beverages requires careful study: economists

Special consumption tax on alcoholic beverages requires careful study: economists

Further comprehensive and in-depth studies must be carried out to fully evaluate the impact of a proposed tax increase on alcoholic beverages, said participants at a conference to gather opinions and feedback on the proposed tax organised by the Vietnam...
HCM City real estate tax revenue jumps 50%

HCM City real estate tax revenue jumps 50%

Revenue from personal income tax and registration fees associated with real estate transactions in HCM City has surged by 50 per cent to reach over VNĐ6.54 trillion (US$257.6 million) in the first nine months, according to data from tax authorities.
NA deputies and fertiliser manufacturers call for VAT tax benefits

NA deputies and fertiliser manufacturers call for VAT tax benefits

National Assembly deputies have been debating whether a 5 per cent VAT tax on fertiliser should be reintroduced during a season in Hà Nội.
Amendment to tax regulation on foreign suppliers proposed

Amendment to tax regulation on foreign suppliers proposed

Under the proposal, the Government plans to clear up rules on foreign businesses which have argued that they do not have a fixed base in Việt Nam.
VIBs pre-tax profit exceeds VNĐ6.6 trillion, credit growth increases 12% in nine months

VIB's pre-tax profit exceeds VNĐ6.6 trillion, credit growth increases 12% in nine months

The bank achieved robust credit and funding growth, exceeding the industry average, along with improved asset quality and a strong, secure balance sheet.
Agro company Lộc Trời names new CEO

Agro company Lộc Trời names new CEO

Food and agricultural services conglomerate Lộc Trời Group has appointed Nguyễn Tấn Hoàng as CEO with effect from October 16.