Ministry of Finance recognises SABECO's outstanding budget contributions

Ministry of Finance recognises SABECO's outstanding budget contributions

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

Posco VST removed from customs priority list

Posco VST’s top-quality stainless steel cold-rolled products has had its customs priority suspended.
Global tax shift forces inevitable adjustment

Global tax shift forces inevitable adjustment

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

Real estate giants the focus of specialised audits

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

Tax authorities to cut at least 20 per cent of compliance costs related to business activities

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

Wood exporters pleading for VAT refund resolution

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

Exporters being stifled by VAT tweaks

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

Banking organisations seek VAT reduction addition

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.
Foreign tech giants contribute $166 million in taxes in H1

Foreign tech giants contribute $166 million in taxes in H1

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.
Vietnam sets October for move towards global minimum tax adoption

Vietnam sets October for move towards global minimum tax adoption

The Vietnamese government is slated to table the proposed legislation regarding global minimum tax before the National Assembly in October.
Enterprises wary over “rushed” tax on sugary drinks

Enterprises wary over “rushed” tax on sugary drinks

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.
Changes to special consumption tax must be studied carefully

Changes to special consumption tax must be studied carefully

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.
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.
European businesses face the storm of new tax regime

European businesses face the storm of new tax regime

The application of the global minimum tax is getting nearer, creating a new challenge for multinational corporations.
Vietnam mitigates global minimum tax issues for foreign investors

Vietnam mitigates global minimum tax issues for foreign investors

Vietnamese tax officials are looking at customised support mechanisms to alleviate the consequences of the global minimum tax (GMT) on foreign enterprises.
|< < 1 2 3 4 > >|