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Scrap special consumption tax on gasoline: VCCI

Scrap special consumption tax on gasoline: VCCI

Reducing special consumption tax on gasoline to zero and cutting value-added tax by half will provide positive impacts amid global uncertainties, the Vietnam Chamber of Commerce and Industry (VCCI) proposed.
E-commerce platforms should pay tax on vendors' behalf: ministry

E-commerce platforms should pay tax on vendors' behalf: ministry

The Ministry of Finance wants e-commerce companies such as Shopee, Tiki and Lazada to pay taxes on behalf of their vendors to simplify administrative procedures.
September 12, 2022 | 10:00 pm PT
Nowhere to hide for online sellers as taxman catches up

Nowhere to hide for online sellers as taxman catches up

Many individuals who have been earning thousands of dollars from Facebook, Google, YouTube, and other online platforms have been taxed in recent years, officials said.
July 30, 2022 | 02:30 am PT
HCMC collects $7 mln taxes, fines from people with Google incomes

HCMC collects $7 mln taxes, fines from people with Google incomes

HCMC has collected taxes and fines worth a total of VND169 billion ($7.26 million) from 38 individuals who earned incomes through Google in the first half of the year.
June 30, 2022 | 08:47 pm PT
Finance ministry proposes tax cuts on gasoline

Finance ministry proposes tax cuts on gasoline

The Ministry of Finance has apprised the government of its plan to reduce special consumption tax and value-added tax on gasoline to bring its prices down.
June 30, 2022 | 06:52 pm PT
Tax people based on how many properties they own: Party decree

Tax people based on how many properties they own: Party decree

People with large land holdings and multiple properties should be taxed higher than those with smaller holdings to prevent hoarding and speculation, the Communist Party’s Central Committee has said.
June 25, 2022 | 12:12 am PT
Finance ministry seeks further gasoline tax cut

Finance ministry seeks further gasoline tax cut

The Ministry of Finance is set to propose a further environment tax reduction on gasoline amid surging prices.
June 14, 2022 | 04:31 am PT
E-commerce, online services strip Vietnam of tax revenues

E-commerce, online services strip Vietnam of tax revenues

Vietnam is failing to effectively tax e-commerce and online services as it struggles to make tech giants set up abroad fulfill their taxation duties.
June 8, 2022 | 06:33 am PT
Still room for further gasoline tax cuts: minister

Still room for further gasoline tax cuts: minister

Vietnam still has room for further gasoline tax cuts but a lower price tag could enable the smuggling of this commodity to other countries, a minister has said.
June 8, 2022 | 12:20 am PT
Tech giants pay $220 million in taxes: finance ministry

Tech giants pay $220 million in taxes: finance ministry

Cross-borders platforms like Facebook and Google have paid VND5.1 trillion ($220 million) in taxes for the period between 2018 and 2021, says Finance Minister Ho Duc Phoc.
June 6, 2022 | 04:32 am PT
Cut gasoline taxes further to hold price surge: lawmakers

Cut gasoline taxes further to hold price surge: lawmakers

Further tax cuts are needed to contain the surging gasoline prices, which will push the prices of all other goods up, lawmakers have said.
June 1, 2022 | 11:30 pm PT
Facebook to charge 5 pct tax on Vietnam ads

Facebook to charge 5 pct tax on Vietnam ads

Facebook parent Meta will charge a 5 percent value added tax on all Vietnamese advertisements starting June 1 after assuring the government it will fulfill its tax obligations.
May 24, 2022 | 07:20 pm PT
Finance ministry seeks tax delay for auto industry

Finance ministry seeks tax delay for auto industry

The Ministry of Finance wants special consumption tax payable by auto companies to be deferred by up to four months to help them recover from the impact of Covid-19.
May 8, 2022 | 11:40 pm PT
Liquor industry wants tax increase delayed

Liquor industry wants tax increase delayed

Liquor companies want the proposed increase in special consumption tax put off until they recover from the effects of the Covid-19 pandemic.
May 6, 2022 | 11:01 pm PT
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