06-01-2019 08:00
The Law on Cybersecurity entering into force requires cross-border platforms to establish representative offices or branches in Vietnam, but challenges for local tax authorities are far from over.
21-01-2019 08:53
Despite the fact that enterprises understand the importance of VAT (value added tax) refund, they are not aware of all the issues of workload, time-consuming assessment process, as well as potential tax risks to successfully obtain tax refunds and maximise the refund amount.
20-09-2018 10:56
Phu Nhuan Jewelry JSC (code: PNJ) has been fined to dozens of millions of dong in tax.
07-09-2018 10:28
Chinese tourists are reportedly avoiding paying tax in Viet Nam, with the help of tourism companies.
24-08-2018 08:00
The Ho Chi Minh City Tax Department is sending out tax notices to individuals making millions of US dollars from Facebook, Google, and other foreign technology platforms running in Vietnam.
27-04-2018 21:58
Deputy Prime Minister Vuong Dinh Hue has agreed with the proposal of the Ministry of Finance to exempt three airlines from import tax.
12-03-2018 22:33
The massive reduction in corporate income tax in the US, despite being an initial concern for the Vietnamese government, may not have as strong an impact on the country’s ability to attract foreign direct investment as previously thought, thanks in part to Vietnam’s improving business climate improvements, which are increasing investor confidence.
01-02-2018 20:48
Prime Minister Nguyen Xuan Phuc asked ministries and relevant sectors to study the effects on Viet Nam of the tax reforms US President Donald Trump signed into law last month.
15-11-2017 09:44
The Ministry of Finance has proposed amendments to the Law on Tax Management, aiming to enhance efficiency of tax collection from multinational companies, cross-border transactions and online businesses.
28-11-2017 11:12
The business community wants the general departments of Taxation and Customs to carefully consider reforms on tax and customs procedures, so as to create the most favourable business conditions for enterprises.
16-12-2017 10:45
HCM City authorities on Friday discussed the current shortcomings of tax and customs regulations in Viet Nam at a dialogue between the city authority and enterprises.
04-12-2006 18:00
The tax exemption status of equipment and machinery forming fixed assets for foreign direct invested enterprises will be delayed until next year when a circular guiding firms on how to settle import procedures and set up import tariff exemption lists is launched.
24-08-2017 08:00
The Ministry of Finance is proposing the levy of a special consumption tax of 10-20 per cent on sugary drinks to combat obesity rates, though a similar proposal was rejected by the government three years ago. VIR’s Van Thu offers insight into the hot debate surrounding the new proposal.
21-08-2017 10:23
There is a widespread concern that the financial obligations of businesses are too high, preventing firms from accumulating capital for business and production expansion.
22-06-2017 11:15
The new price range for the calculation of the natural resource tax that will come into effect from July 1, 2017is found to be remarkably wide. Moreover, in specific cases, the highest price used to calculate the tax is 1.42 times as much as the minimum level. Still, Nguyen Huu Tan, deputy director of the Tax Policy Department under the General Department of Taxation, told VIR’s Manh Bon that illegal profiteering is simply not possible with this tax policy.