The General Department of Taxation''s Department of Taxation for Large Enterprises recently revealed that four foreign e-commerce suppliers in Vietnam haven''t registered for tax via the GDT’s e-portal.
Starting from July 1, 2025, the 12-digit personal identification number issued by the Ministry of Public Security will officially replace tax identification numbers for all purposes.
A total of 120 foreign suppliers have registered, declared and paid taxes worth more than VNĐ8.68 trillion (US$341 million) through the General Department of Taxation (GDT)’s e-portal this year, up by 26 per cent year-on-year and 74 per cent compared to the annual target.
The National Assembly’s Standing Committee has issued a resolution on Việt Nam’s environmental protection tax rates for petrol, oil, and lubricants in 2025, keeping in effect a tax cut introduced to support the post-COVID-19 economic recovery.
Việt Nam’s tax sector has collected a record-high revenue of VNĐ1.7 quadrillion (US$66.7 billion) for the state budget in 2024, the General Department of Taxation reported at a conference on December 19.
The directive emphasises the adoption of electronic invoicing and robust monitoring systems to a fair, transparent and consumer-friendly business environment.
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.