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Update news vietnam's tax policy
Many experts have suggested delaying the special consumption tax (SCT) implementation to 2028 instead of 2026 to provide relief for businesses, prevent compounding difficulties, and support economic growth while nurturing revenue sources.
Vietnam’s electronic tax system is back online after a scheduled suspension for upgrades and restructuring, ensuring smooth operations for taxpayers and businesses.
Experts propose a 20% tax on real estate sale profits instead of the current 2% flat tax, aiming to improve transparency and prevent speculation in Vietnam’s property market.
Gasoline and air conditioners are both considered essential goods and, therefore, must not be subject to luxury tax.
Vietnam is set to review its tax policies applied to the United States and other strategic partners to ensure a balanced and mutually beneficial trade relationship.
After a tax audit, Coca-Cola Vietnam was ordered to cut $30 million in reported losses due to transfer pricing concerns. The case is still unresolved in court.
The regulation on tax management for business activities conducted via e-commerce and digital platforms is set to take effect on April 1.
Prime Minister Pham Minh Chinh has directed the Ministry of Finance to assess extending VAT reductions through 2026.
Vietnam considers raising tobacco taxes every two years to avoid economic disruptions while promoting public health and increasing state revenue.
Vietnam’s corporate income tax rate of 20 per cent is higher than in Singapore (17 per cent) and Brunei (18.5 per cent).
With the total accumulated losses of foreign-invested enterprises surpassing 908 trillion VND, Vietnamese authorities are ramping up efforts to investigate tax practices and ensure greater financial accountability.
Prime Minister Pham Minh Chinh has directed the Ministry of Finance to develop policies to limit real estate speculation and improve oversight of construction projects.
While Vietnam’s e-commerce sector continues to expand, tax collection remains a challenge. Authorities are now pushing for stricter tax compliance measures, requiring platforms like Shopee and Lazada to report seller information and withhold taxes.
The family deduction threshold for personal income tax in Vietnam may be adjusted during the October 2025 National Assembly session if the Consumer Price Index (CPI) increases significantly.
La Vie, Vietnam's leading bottled water company, faces a $2.8 million tax bill after authorities discovered miscalculations in taxes and fees from 2016 to 2020.
The Ministry of Finance (MOF) continues to research and identify problems and inadequacies in the implementation of tax policies related to real estate.
The General Department of Taxation has named key foreign platforms operating in Vietnam without fulfilling tax obligations, including Agoda, Airbnb, PayPal, and Booking.com.
These four digital e-commerce platforms have operated in Việt Nam for years but have failed to register for tax purposes via the tax authority’s electronic portal.
The GDT reported that, to date, 120 foreign suppliers have registered, declared, and paid taxes via a portal dedicated to them, with a total amount of nearly 8.7 trillion VND (342.7 million USD) in 2024.
Vietnam’s tax authorities have fined 30,000 online sellers a total of $50.7 million after auditing their e-commerce activities for tax compliance.