vietnam should seek dialogue to cope with reciprocal tariff policy

Vietnam should seek dialogue to cope with reciprocal tariff policy

The US' 46 per cent reciprocal tariff policy will significantly impact Vietnam’s export markets. VIR’s Bich Ngoc spoke with Vlad Savin, a partner from Acclime Vietnam, about his views on the matter.
trump vows reciprocal tax on trading partners

Trump vows 'reciprocal tax' on trading partners

President Donald Trump threatened retaliatory measures against US trade partners on Monday (Feb 12), accusing them of "getting away with murder."
new tax policy has no blind spots

New tax policy has no blind spots

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.

Tax policy hinders business

Tax policies and custom procedures are still causing headaches for investors and are developing into a migraine for Vietnam’s business environment.
oda projects badly need reciprocal capital

ODA projects badly need reciprocal capital

At a recent meeting between the ministries of transport and finance as well as the State Bank of Vietnam and Government Office, seven urgent transport projects funded by official development assistance will see capital injections totalling VND2-2.5 trillion ($95-$119 million) in 2014’s first round of advancing reciprocal capital for projects, probably soon after April 30.
ceo opinions on unexpected reciprocal us tariffs

CEO opinions on unexpected reciprocal US tariffs

The introduction of a 46 per cent reciprocal tariff on Vietnam could soon increase operational costs for leading companies exporting to the US.
no policy for draft law on property tax

No policy for draft law on property tax

The Ministry of Finance (MoF) made an announcement on March 14 stating that there is currently no policy in place to prepare a draft law on real estate taxation.
obama and romney clash bitterly on tax policy

Obama and Romney clash bitterly on tax policy

White House rivals Barack Obama and Mitt Romney clashed head-to-head over their tax programs in their second debate Tuesday, battling fiercely as they got down into the fine points of policy.
smaller businesses in line for tax reduction policy

Smaller businesses in line for tax reduction policy

Micro, small, and medium-sized enterprises being supported with tax reduction or exemption in the draft Law on Corporate Income Tax will contribute to accelerating the development of Vietnamese businesses.
the tax policy impact on luring in fresh investment

The tax policy impact on luring in fresh investment

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.
resorting to tax policy to mitigate burden on agriculture sector

Resorting to tax policy to mitigate burden on agriculture sector

The agriculture sector is experiencing unprecedented challenges owing to a considerable increase in input costs and a drop in sales prices. Duong Manh Hung, head of Agriculture, Forestry and Fisheries Statistics Department of the General Statistics Office, talked with Manh Bon about the need for tax policy to temporarily resolve the agricultural sector's difficulties, combined with the long-term goal of reducing reliance on imported materials.
pilot policy to set up digital asset tax framework

Pilot policy to set up digital asset tax framework

Amid the complexity of tracking transactions on digital asset exchanges, Vietnam is drafting policies to collect personal income tax on such traders.
vietnam seeks belgian advice on global minimum tax policy

Vietnam seeks Belgian advice on global minimum tax policy

Vietnam is engaging with Belgian support to navigate the complexities of implementing the global minimum tax (GMT) amid strengthening economic ties.
clock ticks to shape response to global corporate tax policy

Clock ticks to shape response to global corporate tax policy

The global minimum tax will have a bearing on the draw of new foreign-led initiatives in Vietnam.
ford vietnam records rising october sales despite incoming tax policy

Ford Vietnam records rising October sales despite incoming tax policy

Ford Vietnam announced October retail sales that rose marginally from the prior month to 2,282 vehicles, amidst a slowdown in industry sales as customers increasingly delay purchases ahead of the new tax policy slated for January.