Obstructions bemoaned in treating industrial waste
March 21, 2024 | 10:17
Manufacturers in industrial parks are facing obstructions in collectively treating and exchanging industrial waste, especially when it comes to tax.
EU's Carbon Border Adjustment Mechanism and its impact on Vietnam's industry
February 29, 2024 | 10:24
The impending implementation of the European Union's Carbon Border Adjustment Mechanism (CBAM) is poised to have a considerable effect on Vietnamese exporters, especially those operating within the steel, cement, aluminium, and fertiliser sectors.
Playing field could be balanced with VAT exemptions
January 23, 2024 | 13:53
The Ministry of Finance is recommending the exclusion of several specific goods and services from the scope of VAT exemption.
Fork in road for special consumption tax on alcohol
January 23, 2024 | 13:42
Industry insiders are worried that changes to taxes on beer will damage the domestic industry in favour of higher priced foreign brands.
The tax policy impact on luring in fresh investment
January 19, 2024 | 10:30
New tax policies in recent years have contributed significantly to building confidence from foreign investors and creating a competitive and sustainable business environment, directly contributing to Vietnam’s foreign investment growth in 2023.
Malaysia applies tax on imported goods bought online
January 03, 2024 | 15:45
Online retail companies in Malaysia have started collecting low-value goods (LVG) taxes on imported goods below 500 RM (108.64 USD).
Indonesia pledges continued tax incentives for foreign investors
October 30, 2023 | 09:27
Indonesian Investment Minister Bahlil Lahadalia confirmed that his government will keep granting tax holidays to attract foreign investors so long as the global minimum tax (GMT) policy is not yet rendered, local media has reported.
Ministry of Finance recognises SABECO's outstanding budget contributions
October 22, 2023 | 17:18
Saigon Beer-Alcohol-Beverage Corporation has been honoured for its contribution to the budget during the pandemic peak in Vietnam.
Posco VST removed from customs priority list
October 17, 2023 | 16:44
Posco VST’s top-quality stainless steel cold-rolled products has had its customs priority suspended.
Global tax shift forces inevitable adjustment
October 12, 2023 | 11:00
Duong Hoang, partner and head of Tax at KPMG in Vietnam, offered VIR’s Luu Huong insights into this transformative phase, highlighting the synergies between Vietnam’s tax strategy and its quest to remain a magnet for foreign funding.
Real estate giants the focus of specialised audits
September 13, 2023 | 16:01
Real estate firms SonKim, Hai Phat Invest, Van Phuc, and Bitexco, are among 42 companies listed for specialised audits this year, according to the GDT.
Tax authorities to cut at least 20 per cent of compliance costs related to business activities
September 05, 2023 | 11:46
The General Department of Taxation (GDT) has said that it guaranteed to reduce and simplify at least 20 per cent of regulations and cut at least 20 per cent of compliance costs related to business activities and eliminate unnecessary regulations by 2025.
Wood exporters pleading for VAT refund resolution
August 23, 2023 | 09:24
Central-run authorities have given drastic directions to speed up VAT refunds for numerous businesses, especially struggling wood exporters.
Exporters being stifled by VAT tweaks
August 02, 2023 | 14:00
The constant changes of requirements for verification of records and invoices are being called too challenging for exporters, with businesses complaining that VAT refund procedures are becoming more baffling.
Banking organisations seek VAT reduction addition
August 02, 2023 | 10:53
The Vietnam Banks Association has proposed a 2 per cent VAT reduction for the entire banking sector, which is currently excluded from the list of sectors entitled to the tax cut.
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