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Government eyes corporate income, value-added tax cuts

Government eyes corporate income, value-added tax cuts

The government is seeking approval from the National Assembly for a number of tax breaks, including a 30-percent cut in corporate income tax, to boost businesses’ recovery.
Gold producers want proposed new tax scrapped

Gold producers want proposed new tax scrapped

The Vietnam Gold Traders Association has called on the government to scrap its plan to impose a 2-percent export tax, warning it could hurt the country’s competitiveness.
August 14, 2021 | 10:49 am GMT+7
Government mulls halving tax for household businesses

Government mulls halving tax for household businesses

The Ministry of Finance is considering halving taxes for the year’s second half for household businesses, many of which have been beleaguered by Covid-19.
August 03, 2021 | 12:23 pm GMT+7
Vietnam defers e-commerce tax by five months

Vietnam defers e-commerce tax by five months

Vietnam is set to delay an online tax on e-commerce vendors by five months to support economic recovery amid severe Covid-19 impacts.
July 27, 2021 | 08:20 am GMT+7
Double threshold for taxing housing rental incomes: HoREA

Double threshold for taxing housing rental incomes: HoREA

The Ho Chi Minh City Real Estate Association wants the threshold for the proposed rental income tax doubled to VND200 million ($8,700) a year.
June 22, 2021 | 11:17 am GMT+7
E-commerce platforms unwilling to pay taxes on sellers’ behalf

E-commerce platforms unwilling to pay taxes on sellers’ behalf

E-commerce platforms like Tiki, Shopee, Lazada and Sendo will have to pay taxes on behalf of their sellers, but they are proposing this regulation is scrapped.
June 20, 2021 | 11:09 am GMT+7
Vietnam gets set to tax e-commerce revenue

Vietnam gets set to tax e-commerce revenue

Vietnam plans to tax 1.5 percent of annual e-commerce revenues of VND100 million ($4,297) and higher as part of leveling the field between traditional and online retail merchants.
June 17, 2021 | 07:45 pm GMT+7
Ministries support incentives for electric cars

Ministries support incentives for electric cars

Two ministries have voiced support for tax incentives for electric vehicles that dovetails with the government’s goal of reducing emissions.
June 14, 2021 | 09:42 am GMT+7
Taxes on securities up 320 pct

Taxes on securities up 320 pct

Capital gains taxes on securities surged 320 percent year-on-year in the first five months as new investors flocked to the stock market.
June 09, 2021 | 12:30 pm GMT+7
Strict taxing of apartment rental incomes could evict landlords

Strict taxing of apartment rental incomes could evict landlords

A new program seeking to tighten taxing of income from leasing of apartments will cut their earnings and push them to seek other asset classes, landlords say.
May 19, 2021 | 11:22 am GMT+7
HCMC launches pilot project to tighten taxation of rental income

HCMC launches pilot project to tighten taxation of rental income

HCMC will launch a pilot program to collect income tax from landlords who lease out apartments in a bid to tighten implementation of existing regulations.
May 12, 2021 | 07:14 pm GMT+7
Taxman asks e-commerce companies about online vendors’ incomes

Taxman asks e-commerce companies about online vendors’ incomes

The Ministry of Finance has called on e-commerce and delivery companies to furnish data about its vendors’ revenues to prevent tax evasion.
March 26, 2021 | 06:00 pm GMT+7
Foreign investment fares poorest in steel: report

Foreign investment fares poorest in steel: report

Steel manufacturers were some of the worst performing foreign invested enterprises in 2019, a new finance ministry report says.
December 28, 2020 | 09:41 am GMT+7
New Grab policy cuts drivers’ income, hikes user fees

New Grab policy cuts drivers’ income, hikes user fees

Although Grab leaders have claimed they are “on the same boat” as their drivers, the recent increase in fares and commission have reduced drivers’ income while users pay more.
December 15, 2020 | 04:22 pm GMT+7
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