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Vietnam tax
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Vietnam plans to extend VAT cut until end-June 2024: govt
The Vietnamese government said on Tuesday it plans to extend a reduction in value added tax (VAT) until the end of June next year to boost domestic consumption and production as the global economy remains sluggish.
Online platforms pay $166M in tax in Vietnam
Vietnam collected VND3.94 trillion (US$166.5 million) in taxes from 57 foreign online platforms including Google, Apple, Facebook, Netflix, and TikTok in the first half of this year.
National Assembly approves 2-point VAT cut
The National Assembly has agreed to reduce Vietnam’s value-added tax (VAT) from 10% to 8% until the end of 2023, but not for some sectors including real estate and banking.
June 24, 2023 | 06:27 am PT
Health ministry proposes sugar threshold for tax on sweetened drinks
The health ministry on Thursday proposed to apply excise tax for all sweetened drinks in accordance with WHO definitions.
March 23, 2023 | 06:51 pm PT
Vietnam collects $231 mln in taxes from online platforms
The Finance Ministry said online platforms including Facebook and Google have paid VND5.59 trillion (US$231.6 million) in taxes from 2018 to August this year.
October 16, 2022 | 02:43 am PT