03-06-2018 10:30
Hua Thi Phan was sentenced to 30 years of imprisonment on two charges, and has to repay VND16.796 trillion ($740 million) to Construction Bank (CB) as well as pay nearly VND17 billion ($0.75 million) for court fees.
30-06-2011 08:48
The European Commission on Wednesday urged the introduction of an EU sales tax and financial services tax as part of an overhaul of the next EU budget that brought instant criticism from Britain.
27-08-2019 13:10
Bibica Corporation, one of the leading confectionery businesses in Vietnam, will have to pay VND3 billion ($130,434) in fines and tax arrears, VND2.1 billion ($91,304) of which is value-added tax arrears from 2016-2017, according to information published on its website.
25-07-2022 17:04
Vietnam Tax Summit 2022, the largest annual tax summit in the country that took place last week, featured thought-provoking guest speakers, industry experts, and tax specialists.
13-07-2021 13:24
Tax authorities are aiming to improve tax management of property transactions to prevent tax avoidance and increase State budget collection.
23-12-2021 08:00
Tax is affecting businesses at a rapid pace. The motion from tax environment changes in general to new tax trends and specific recently developed treatments bring challenges and opportunities to companies of all sizes across many sectors.
26-06-2020 08:39
Vietnam needs to revise tax and land policies for foreign direct investment (FDI) companies to ensure a level playing field for businesses.
25-03-2020 18:18
Hanoi Tax Department is launching the March Companion Month to better facilitate tax payers in their tax settlement with a number of new solutions amidst the COVID-19 outbreak.
24-01-2015 10:51
In the World Bank’s report entitled Doing Business 2015 released in mid-January, Vietnam’s effective corporate income tax rate (CIT) stands at 15.7 per cent, proving to be more attractive than Singapore (17 per cent), Indonesia (16.7 per cent), Thailand (17.9 per cent) and Malaysia (21 per cent).
08-05-2018 12:03
Handing over the right of prosecution and investigation to the tax authorities is expected to hinder tax evasion as well as delayed tax payments by enterprises, especially multinational firms in Vietnam.
12-04-2017 14:05
The HCMC Taxation Department has drawn up a plan to cooperate with agencies to collect tax from sales via social networks.
08-12-2023 17:41
There have been various economic ups and downs in the post-pandemic era that have necessitated decisive measures to sustain growth. Despite an improvement in the third quarter of the year, Vietnam's economy still faces a number of obstacles to achieve its targets.
12-01-2018 12:26
Despite Airbnb being present in Vietnam since 2015 and operating with profit, it is difficulty for tax authorities to tax the company as it does not yet have a business registration licence or a representative office and legal representation in Vietnam.
11-09-2007 17:59
Despite measures to beat tax dodgers, the state is still losing large amounts of money because of company fraud that involves generating fake invoices.
07-07-2022 10:00
To remain on its successful path of inclusive development, Vietnam will need large public investments for years to come.