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households

Việt Nam puts an end to lump-sum tax, aiming for a level playing ground

Việt Nam puts an end to lump-sum tax, aiming for a level playing ground

Under the plan, all business households nationwide will switch to a self-declaration and payment, starting from January 1, 2026, putting an end to lump-sum tax mechanism that has been in place for decades.
Small firms, household businesses to get support in shift to revenue-based tax

Small firms, household businesses to get support in shift to revenue-based tax

The Ministry of Finance is drafting a decree to implement the National Assembly’s resolution on promoting private sector development, including measures to provide free digital platforms and shared accounting software for SMEs, household businesses and self-employed individuals.
Banks, fintech companies enable shift to revenue-based taxation

Banks, fintech companies enable shift to revenue-based taxation

Millions of small business households are facing a major turning point, as the lump-sum tax system is replaced by tax declaration starting in 2026, part of a broader regulatory reform to modernise tax administration and promote a transparent and efficient...
Tax authority requires e-invoices to reflect new administrative areas

Tax authority requires e-invoices to reflect new administrative areas

The tax management system will transition from 20 regional tax branches to 34 provincial and centrally governed municipal tax offices and 350 grassroots tax units.
Tax department to hold online programme for digital sellers

Tax department to hold online programme for digital sellers

In the first five months of 2025, tax authorities collected VNĐ74.4 trillion (US$2.9 billion) from organisations and individuals engaged in e-commerce and other digital economy activities, up 55 per cent year-on-year.
Easing business households shift to e-invoices

Easing business households’ shift to e-invoices

Starting June 1, business households with large annual revenues have been required to transition from lump-sum tax payments to payments based on actual revenue.
Large business households required to use e-invoices from June 1

Large business households required to use e-invoices from June 1

Business households with large annual revenues from June 1 will be required to transition from lump-sum tax payments to tax payment based on actual revenue, as mandated by Decree 70/2025/NĐ-CP. 
Tax watchdog wants to develop a portal to manage individuals and households doing e-commerce business

Tax watchdog wants to develop a portal to manage individuals and households doing e-commerce business

The General Department of Taxation is working on developing an e-portal for individuals and business households which run e-commerce business to facilitate their tax registration, declarations and payments.
Vietnamese households to spend more on food

Vietnamese households to spend more on food

The average Vietnamese household will spend 20.8 per cent of their total household budget on food in 2025, marginally increasing from 20.1 per cent in 2005, according to global financial services provider Fitch Solutions.
Connecting farming households to e-commerce platforms to develop digital economy

Connecting farming households to e-commerce platforms to develop digital economy

Viet Nam looks to connect five million farming households to e-commerce platforms this year, which would breakthroughs in the development of the digital economy in the agriculture sector.
More than 3,000 business households in Ha Noi dissolved or suspended due to Covid-19

More than 3,000 business households in Ha Noi dissolved or suspended due to Covid-19

More than 3,000 business households were dissolved or suspended their operations in Ha Noi in the first two months of this year due to the impact of the Covid-19 pandemic.
Number of business households turning into companies remains low

Number of business households turning into companies remains low

HCM City has applied measures to encourage business households to turn themselves into companies, but the results have not met expectations, according to the municipal government.
60% of urban households to buy consumer goods online: study

60% of urban households to buy consumer goods online: study

Sixty per cent of households in urban centres like Ha Noi, HCM City, Da Nang, and Can Tho will buy fast moving consumer goods online by 2025, according to Kantar Worldpanel, a global data, insights and consulting company.
African swine fever could bankrupt livestock sector

African swine fever could bankrupt livestock sector

African swine fever has not only caused livestock farming households to fall into debt, but has also made it difficult for animal feed dealers to collect their payments.
Mekong Delta sees slow progress in upgrade of trading households into companies

Mekong Delta sees slow progress in upgrade of trading households into companies

The conversion of trading households into companies is progressing at a snail’s pace in the Mekong Delta.