July 24, 2023 | 11:30
The General Department of Taxation (GDT) in Vietnam has reported that prominent foreign tech companies, including Google, Apple, Facebook, Netflix, TikTok, made substantial tax contributions, amounting to around $166 million during the first half of 2023.
July 13, 2023 | 16:18
The Vietnamese government is slated to table the proposed legislation regarding global minimum tax before the National Assembly in October.
July 13, 2023 | 09:00
Vietnam is considering a special consumption tax in its battle against the escalating obesity crisis, but industry insiders urge prudence due to the possible detrimental consequences for the beverage sector and wider economy.
July 11, 2023 | 16:02
The impacts of the imposition or increases of special consumption tax on several products must be studied carefully to ensure State budget revenue and the development of production and business, experts said.
July 10, 2023 | 17:42
Vietnam is engaging with Belgian support to navigate the complexities of implementing the global minimum tax (GMT) amid strengthening economic ties.
June 28, 2023 | 14:00
The application of the global minimum tax is getting nearer, creating a new challenge for multinational corporations.
June 28, 2023 | 11:39
Vietnamese tax officials are looking at customised support mechanisms to alleviate the consequences of the global minimum tax (GMT) on foreign enterprises.
June 23, 2023 | 18:00
The General Department of Taxation has issued a letter requesting commercial banks and other credit institutions to provide transaction information.
June 12, 2023 | 12:38
With the National Assembly set to reduce VAT from 10 to 8 per cent for six months from July 1, some of its deputies argue that the tax cut should be bigger and last longer to support individuals and businesses in the current difficult times.
June 08, 2023 | 09:00
Tran Thi Bao Trang, tax manager, and Lac Boi Tho, tax director, from Grant Thornton Vietnam have analysed the regulatory and tax issues for foreign loans in Vietnam.
May 31, 2023 | 14:31
Many types of goods and services currently subject to a 10 per cent VAT rate are to continue being eligible for a 2 per cent reduction in this type of tax, which is scheduled to get the official thumbs-up from the legislature in late June.
May 24, 2023 | 11:32
Industrial real estate developers must be more proactive in responding to the upcoming global minimum tax policy by improving the quality of industrial zone infrastructure and providing more utilities for their tenants.
May 24, 2023 | 11:14
Corporate income tax is often considered as a variable in a multivariate foreign direct investment model. In some cases, the impact of the reduction in the rate will result in an increase in estimated investment from overseas. However, there is no correlation between lower rates and higher foreign funding globally.
May 24, 2023 | 10:56
The global minimum tax will have a bearing on the draw of new foreign-led initiatives in Vietnam.
May 19, 2023 | 16:38
Harmful tax competition in EAP has intensified in recent years, with many developing countries in the region using tax incentives as a key tool to attract FDI.