News for: Tax

Combating tax evasion in e-commerce

02/24/2025 14:49

VTV.vn - According to tax management regulations, individuals engaged in business activities generating annual revenue exceeding 100 million VND are required to pay value added tax (VAT) and personal income tax (PIT).

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Finance ministry proposes continued personal income tax exemption for savings interest

02/21/2025 19:25

VTV.vn - The Ministry of Finance has proposed maintaining the current regulations on personal income tax (PIT) exemption for savings interest.

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Vietnam ends tax exemption for low-value imports

02/15/2025 14:05

VTV.vn - Imported goods valued under 1 million VND (39.4 USD) sent via express delivery services will no longer be exempt from value-added tax (VAT) starting from 18 February 2025, as announced by the General Department of Customs.

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Law on Value Added Tax secures legislature's approval

11/26/2024 23:07

VTV.vn - The Law on the Value Added Tax was adopted at the 8th session of the 15th National Assembly (NA) in Hanoi on November 26 and is set to come into force in July next year.

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Tax sector witnessed 10.7% increase in State budget revenue in first four months

05/08/2024 13:24

VTV.vn - Total State budget collection in the first four months of this year was estimated at 640.29 trillion VND (25.20 billion USD), equivalent to 43% of the yearly projection, representing a year-on-year rise of 10.7%, according to the General Department of Taxation.

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Global minimum tax application under consideration

03/31/2023 17:52

VTV.vn - The General Department of Taxation under the Ministry of Finance has said it will keep a close watch on the implementation of the global minimum tax in other countries.

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Foreign suppliers pay 1.8 trillion VND in taxes

01/30/2023 19:36

VTV.vn - Foreign suppliers have paid taxes worth 1.8 trillion VND (76.7 million USD) via the official portal serving their operations in Vietnam.

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Ho Chi Minh City’s domestic tax revenue exceeds 300 trillion VND

01/10/2023 17:31

VTV.vn - Tax revenue collected by the Ho Chi Minh City Tax Department in 2022 reached 319.5 trillion VND (13.6 billion USD), up 17.2% against the previous year and surpassing the target by 18.3%.

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Banks report record profits in H1/2019

07/15/2019 19:53

VTV.vn - Last week, many banks reviewed their operations for the first half of 2019 and reported their highest 6-month profits and many completed more than half of the set targets for the year.

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France abandons fuel tax increase in 2019

12/07/2018 13:26

VTV.vn - The French government has totally abandoned the planned increase in fuel taxes that have sparked more than three weeks of violence across the country.

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Uber fulfills tax obiligations

09/10/2018 12:36

VTV.vn - According to latest information from the Tax Department of Ho Chi Minh City, Uber B.V Netherlands Co., Ltd. has paid more than 53 billion of tax outstanding (2.3 million USD) under a decision in September 2017.

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Tax evasion fraud becoming more serious

07/20/2018 21:50

VTV.vn - Tax evasion has become an alarming issue according to experts.

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New US tax a blow to Vietnam steel industry

03/03/2018 07:14

VTV.vn - The US move to impose fixed tariffs on all aluminium imports, including from Vietnam, has come as quite a surprise to Vietnam’s steel industry.

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Hanoi collects taxes from online businesses

07/14/2017 15:23

VTV.vn - Around 13,000 businesses operating on social media platforms such as Facebook and Zalo have received tax notifications from the Hanoi tax authorities in recent weeks.

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Government proposes more agricultural tax exemption

10/22/2016 11:17

VTV.vn - National Assembly deputies scrutinised a report on the draft resolution on revising and supplementing some articles of Resolution No. 55/2010/QH12 on exempting and reducing agricultural land rent.

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Tax breaks for agriculture

09/18/2016 12:33

VTV.vn - The NA Standing Committee discussed the preparations for the 2nd session of the 14th National Assembly and tax exemptions and reductions for agricultural land and improvements to agricultural exports.

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AEC tax issues

08/25/2016 11:36

VTV.vn - The ASEAN Economic Community or AEC was established for over 6 months.

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Special consumption tax adjustment on cars takes effect

07/02/2016 13:18

VTV.vn - Starting on Friday July 1st, a number of amended articles of the Law on Value Added Tax, Law on Special consumption tax and Tax Administration Law officially took effect.

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Preferential import taxes for petroleum products revised

03/20/2016 09:47

VTV.vn - The Ministry of Finance has revised preferential import taxes for a number of petroleum products.

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Measures to boost tax and customs reforms discussed

03/08/2016 08:18

VTV.vn - Co-ordination between different government agencies including tax and customs agencies is still weak according to chairman of the Vietnam Fatherland Front Nguyen Thien Nhan.

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