News Vietnam Taxes: Vietnam gives US tax breaks ahead of tariff announcement
Vietnam is cutting taxes on US imports and approving Starlink services ahead of US President Donald Trump's announcement of reciprocal tariffs this Wednesday (2 April). Via a statement on its website, ...
News Vietnam Taxes: Vietnam plans to extend tax incentives for EVs until 2030
HANOI, April 20 (Reuters) - Vietnam plans to extend a special consumption tax cut on electric vehicles by nearly four years to the end of 2030 in a bid to boost EV sales and reduce emissions, the ...
News Vietnam Taxes: Vietnam cuts income tax for small businesses
Vietnam’s National Assembly has approved a 30% reduction in income tax for small enterprises and business households with annual revenues of up to 380,000...
News Vietnam Taxes: Taxation in Vietnam: what foreign investors need to know
Bob Tseng and Sally Nguyen of TWL Law Group highlight four critical tax exposure areas that foreign investors should carefully consider when conducting business in Vietnam to help them structure their operations effectively
News Vietnam Taxes: Increasing tax evasion in e-commerce
The COVID-19 pandemic has sparked a boom in e-commerce in Vietnam since consumers shift their spending habits towards online platforms. However, as online sales continue to grow, so does tax evasion.
News Vietnam Taxes: Why Investors Should Look at Vietnam's Renewable Energy Industry
Therefore, Vietnam's reliance on imported energy to run its electric system and climate change are catalysts for the government to pivot towards renewable energy. Vietnam’s potential as a powerhouse ...
News Vietnam Taxes: VN tax debt continues to rise due to Covid crisis
The total tax debt under the management of Vietnam’s tax authorities is estimated at 104 trillion dong ($4.5 billion) as of December 31 last year, a year-on-year increase of 9.3 per cent. The General Department of Taxation reported that it collected 25.1 trillion dong by December 31, reaching 83.4 per cent of the assigned debt collection target.
News Vietnam Taxes: Vietnam’s OTT TV providers facing unfair competition with foreign rivals
Domestic providers of pay-TV services via over-the-top platforms (OTT TV) are faced with inequality in competing with their foreign competitors in Vietnam, prompting Vietnamese agencies to make ...
News Vietnam Taxes: How to Avoid Double Taxation in Vietnam
Both foreign and domestic residents of Vietnam are able to obtain reductions and exemptions on their taxes through a variety of different methods. Thanks to the double tax avoidance agreements (DTAAs) ...