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.
Tax revenue collected from organisations and individuals engaged in e-commerce and other digital economy activities reached VNĐ74.4 trillion (US$) in the first five months of this year, a year-on-year increase of 55 per cent.
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).
The Government aims to cut at least 30 per cent of administrative procedure processing time, compliance costs, and business conditions by the end of 2025, with continued reductions in the following years.
The draft resolutions have been scheduled to go to the National Assembly (NA) on May 13, during its ninth session. If approved, the VAT cut would be extended until the end of 2026, while the land tax exemption would remain...
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.
According to Minister of Finance Nguyễn Văn Thắng, the Government proposed a total of 13 policy groups concerning exemptions and reductions in land use fees and land rent to support key economic sectors.
According to the General Department of Taxation, 148 foreign suppliers have registered and paid taxes through the electronic portal with estimated revenue of more than VNĐ2.8 trillion (US$108.2 million) in the first quarter.
Việt Nam should continue bilateral negotiations with the US administration on major export commodities while guiding businesses in diversifying markets, attracting more US investments, and increasing purchases of goods from the US, an analyst has said.
A fresh "baseline tariff" of 10 per cent will apply to economies around the world, with steeper rates tailored to those that Washington deemed as bad actors.
Starting April 1, e-commerce and digital platforms with payment functions must declare and pay taxes on behalf of business households and individual sellers. This requirement is part of the draft amendments to the Tax Administration Law, which was passed by...
Special focus is also placed on products with high import value that are of strategic interest to Việt Nam’s key trading partners. To maintain compliance with its international commitments, the revised tax rates will not be lower than those set...
A rapid and substantial tax increase could reduce the overall economic benefits for industries and the economy, leading to decreased consumer and investment demand: experts
