VCCI proposes zero tax rate to be maintained for exported services
March 13, 2024 | 15:59
The Vietnam Chamber of Commerce and Industry (VCCI) has proposed a zero-value added tax (VAT) rate to be maintained for exported services, over worries that tax hikes would undermine the competitiveness of Vietnamese providers against foreign rivals.
2 per cent reduction in VAT to boost aggregate demand
April 21, 2023 | 15:31
The 2 per cent reduction in VAT is hoped to affect aggregate demand significantly, effectively doping the economy amidst the current slowdown.
AEON Group proposes Ho Chi Minh City to support businesses for recovery in new normal
August 24, 2021 | 14:01
Extending payment time for value-added tax and social insurance while reducing corporate income tax and the cost of COVID-19 testing were among the recommendations of Furusawa Yasuyuki, the representative of AEON Group in Vietnam at the conference with the leaders of Ho Chi Minh City to support foreign-invested enterprises to overcome the pandemic and achieve a quick recovery for the city's economy.
Vietnam approves 30 pct corporate income tax reduction
October 02, 2020 | 15:07
The Government has decided to implement a 30 percent corporate income tax (CIT) cut for certain businesses for the 2020 financial year.
How to maximise value added tax refunds
January 21, 2019 | 08:53
Many enterprises are not aware of the workload, time-consuming assessment process, as well as potential tax risks to successfully obtain VAT refund.
Having a permanent establishment in Vietnam could cost a pretty penny
September 21, 2018 | 08:00
While more and more companies have cross-border activities, not all of them understand domestic tax regulations in the host countries or in tax treaties.
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