vietnam's tax policy

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Government eyes VAT relief through 2026 in push for economic recovery

The Vietnamese government has proposed extending the 2% value-added tax (VAT) cut on selected goods and services until the end of 2026, aiming to ease cost pressures on businesses and boost economic momentum.

Vietnamese enterprises urged to adopt strategic measures amid US tariff threat

Amid unpredictable fluctuations in US tariff policies, Vietnamese businesses must take a proactive and strategic approach to sustain their exports to this key market, experts emphasised at a workshop held in Ho Chi Minh City on May 9.

Performance-based tax cuts proposed to counter Trump’s tariffs

If a business pays VND100 billion in taxes in 2025, and VND150 billion the next year, it will enjoy a tax reduction based on the excessive tax amount, according to a proposal suggested to help Vietnamese businesses overcome difficulties.

Vietnam proposes land rental exemptions for semiconductor and AI projects

Projects producing key digital technology products, software, semiconductors, artificial intelligence, and centralized digital technology zones have been proposed for land rental exemptions or reductions.

Vietnam’s tariff shock: A crisis or catalyst for global reinvention?

The United States’ decision to impose a 46% import tariff on Vietnamese goods has sent shockwaves through Vietnam’s export-driven economy. To remain globally competitive, Vietnam must restructure its economic model.

PM urges broader aid for industries hit by US tariffs

Amid rising global trade tensions, the PM orders urgent action to help affected Vietnamese exporters.

Government seeks to extend agricultural tax exemption until 2030

The National Assembly will consider extending a key tax support program worth over USD 300 million annually.

Special consumption tax delay to ease burden on businesses

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 resumes after upgrade and restructuring

Vietnam’s electronic tax system is back online after a scheduled suspension for upgrades and restructuring, ensuring smooth operations for taxpayers and businesses.

Vietnam considers 20% tax on real estate profits to curb tax evasion

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.

Exemption of luxury tax on gasoline, air conditioners proposed

Gasoline and air conditioners are both considered essential goods and, therefore, must not be subject to luxury tax.

Vietnam reviews tax policies for the US and key trade partners

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.

Vietnam tax authorities address Coca-Cola’s $30 million tax loss reduction case

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.

Concerns emerge over online sales tax implementation

The regulation on tax management for business activities conducted via e-commerce and digital platforms is set to take effect on April 1.

Vietnam considers extending VAT reduction through late 2025 and 2026

Prime Minister Pham Minh Chinh has directed the Ministry of Finance to assess extending VAT reductions through 2026.

Vietnam debates gradual tobacco tax hike to prevent illicit trade surge

Vietnam considers raising tobacco taxes every two years to avoid economic disruptions while promoting public health and increasing state revenue.

VINASME proposes reduction of corporate income tax

Vietnam’s corporate income tax rate of 20 per cent is higher than in Singapore (17 per cent) and Brunei (18.5 per cent).

Government tightens scrutiny as foreign-invested firms report growing losses

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.

Vietnam to introduce new taxes on real estate to curb speculation

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.

VN's Finance Ministry: Tax revenue from online businesses still ‘very small’

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.