Tax exemptions for low-value goods may simplify customs procedures

Tax exemptions for low-value goods may simplify customs procedures

The Ministry of Finance is proposing tax exemptions for low-value goods imported via e-commerce platforms, aiming to simplify tax and customs procedures but raising concerns over potential pressure on domestic production.
Strategies for Vietnam to mitigate the impact of US tariffs on key export sectors

Strategies for Vietnam to mitigate the impact of US tariffs on key export sectors

The implementation of 46 per cent reciprocal tax by the US on April 9 threatens to inflict severe damage on Vietnam's export-driven economy.
Vietnam urges US to delay tariff decision

Vietnam urges US to delay tariff decision

The Ministry of Industry and Trade has urged the US to delay the enforcement of a 46 per cent tariff on Vietnam, hoping to find a mutually beneficial solution.
How will Vietnam handle Trump’s trade escalation?

How will Vietnam handle Trump’s trade escalation?

The United States has announced it will impose 46 per cent tariffs on Vietnamese imports, one of his most aggressive trade moves and the third-highest rate imposed on any country.
Tax exemptions forthcoming for high-tech sphere

Tax exemptions forthcoming for high-tech sphere

A new bill on personal income tax is expected to offer a break from levies for those working in high-tech industries, with the government to clarify criteria for beneficiaries and related incentives.
10 per cent tax rate proposed for all press agencies

10 per cent tax rate proposed for all press agencies

The Ministry of Finance has agreed on a proposal to apply a unified corporate income tax rate of 10 per cent for all types of journalism.
E-portal serves over 41,500 online household businesses

E-portal serves over 41,500 online household businesses

The e-portal for households and individuals running ecommerce business, officially launched on December 19, 2024, provides a convenient channel for them to register, declare, and pay taxes.
Proposed changes to interest deductibility rules may be welcomed by taxpayers

Proposed changes to interest deductibility rules may be welcomed by taxpayers

The Ministry of Finance has proposed amendments to address issues regarding interest deductibility and transfer pricing.
Vietnam’s stand-out tax outlook

Vietnam’s stand-out tax outlook

Vietnam’s tax environment stands out with high morale, trust in authorities, and a strong commitment to national development, which make it a magnet for foreign investors seeking predictability.
Hanoi Tax Department pilots AI-powered virtual assistant

Hanoi Tax Department pilots AI-powered virtual assistant

A virtual assistant designed to provide round-the-clock support for taxpayers has been officially launched and is now being piloted by the Hanoi Tax Department.
KPMG institute events in full swing

KPMG institute events in full swing

KPMG's Tax and Legal Institute event on November 6 in Ho Chi Minh City attracted up to 1,500 business representatives nationwide.
Calls made to avoid “unfair” tax methods

Calls made to avoid “unfair” tax methods

Vietnam’s legislature is closer to discussing an excise tax on beverages, which could drastically affect beers and spirits businesses depending on what direction is taken.
Beverage tax is not be-all and end-all for obesity problems

Beverage tax is not be-all and end-all for obesity problems

International experiences hint that applying an excise tax on sugary beverages is not an effective measure in controlling and reducing the rate of overweight, obesity, and non-communicable diseases.
Government considering tax on multiple properties

Government considering tax on multiple properties

The Ministry of Finance is reviewing a proposal to impose taxes on owners of multiple properties as part of an effort to curb real-estate speculation.
New proposal requires e-commerce platforms to pay taxes of sellers

New proposal requires e-commerce platforms to pay taxes of sellers

A proposed revision to the tax law would obligate e-commerce platforms to declare and pay taxes on behalf of sellers.
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