vietnam's tax policy

Update news vietnam's tax policy

Foreign providers pay VND2 trillion in tax in two months

The General Department of Taxation has implemented a combination of solutions to prevent tax revenue loss in e-commerce sector.

Mixed tax regime not yet applied on beer and alcohol products

The Government has decided not to apply the mixed tax regime on beer and alcohol products.

Government urged to impose higher tax on land speculators

The National Assembly’s Standing Committee has requested the government to draw up a plan on taxing owners of many houses and land plots, as well as real estate speculators.

Good e-commerce tax management brings considerable revenue to budget

E-commerce has greatly boosted consumption in Vietnam lately, and the wise management of tax in this sector can bring back a large amount of budget revenue and ensure a healthy business environment for economic growth.

Credit institutions expect to enjoy 2 per cent VAT cut next year

The VNBA made the move last week as, under a draft policy on VAT reduction for the first six months of next year, the credit institutions do not...

VAT cuts of 2 per cent to be extended in Vietnam

The government has recently given the green light to the Ministry of Finance's proposal to extend the VAT cuts of 2 per cent into the first half of 2024.

Vietnam’s top 1,000 corporate income taxpayers announced

The General Department of Taxation has announced the list of top 1,000 corporate income taxpayers (V.1000) in Vietnam in 2022.

Ministry proposes environmental protection tax cut untill late 2024

The Ministry of Finance has recently proposed the current environmental tax cut on fuel be expanded until late 2024 in an attempt to stabilize fuel prices in the domestic market and manage inflation.

Fifty-eight foreign suppliers register to pay taxes in Vietnam

Up to 58 foreign service providers have paid taxes in Viet Nam via the portal https://etaxvn.gdt.gov.vn/nccnn/Reques, according to the General Department of Taxation.

Vendors forced out with tax tightening

Tightening tax collection rules in regards to online sellers will likely force out amateur vendors that cut corners to make quick money via e-commerce.