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tax

NA passes tax law changes, removes fixed threshold for household businesses

NA passes tax law changes, removes fixed threshold for household businesses

The revised law, which amends provisions in personal income tax, value-added tax, corporate income tax and special consumption tax legislation, was passed with 466 out of 488 participating deputies voting in favour.
Tax relief for household businesses takes centre stage in law debate

Tax relief for household businesses takes centre stage in law debate

Lawmakers back raising the tax-free threshold for household businesses to VNĐ1 billion, while calling for clearer rules, safeguards against abuse and greater policy transparency.
VGTA urges rules to allow firms to borrow gold from public, ease imports

VGTA urges rules to allow firms to borrow gold from public, ease imports

VGTA proposed allowing jewellery producers to borrow gold from individuals at negotiated interest rates under civil law, arguing that such a mechanism would help unlock significant gold reserves held by the public and stabilise input supply.
PM asks National Assembly to support raising tax exemption threshold for business households

PM asks National Assembly to support raising tax exemption threshold for business households

Under the draft law, the Ministry of Finance proposes that the tax exemption threshold for business households and individual businesses be raised to VNĐ1 billion per year from the current VNĐ500 million.
Finance ministry eyes flexible tax thresholds

Finance ministry eyes flexible tax thresholds

The Ministry of Finance has proposed new regulations on taxable revenue thresholds for household businesses after just four months the new policy took effect.
Ministry proposes extending tax incentives for electric vehicles to 2030

Ministry proposes extending tax incentives for electric vehicles to 2030

The Ministry of Finance has proposed extending preferential special consumption tax rates on battery-powered vehicles with fewer than 24 seats until the end of 2030.
Tax authorities plan to inspect 108 enterprises in 2026

Tax authorities plan to inspect 108 enterprises in 2026

The list includes six banks, named BacABank, Maritime Bank, NamABank, Sài Gòn - Hà Nội Bank, SeABank, VietABank.
National Assembly passes zero fuel tax measures until end-June

National Assembly passes zero fuel tax measures until end-June

Lawmakers approved sweeping fuel tax cuts to zero until end-June, aiming to cushion global price volatility and ease domestic cost pressures.
Việt Nam to inspect high-revenue firms reporting losses, tax officials say

Việt Nam to inspect high-revenue firms reporting losses, tax officials say

The tax authority has compiled a list of companies with revenues exceeding VNĐ1 trillion and losses for at least two consecutive years, which will be subject to targeted inspections in 2026.
NA Standing Committee discusses draft resolution on fuel tax cuts

NA Standing Committee discusses draft resolution on fuel tax cuts

Under the proposal, the environmental protection tax on petrol (excluding ethanol), diesel, aviation fuel, kerosene and mazut will be reduced to zero Vietnamese đồng per litre.
Expanding personal income tax exemptions to drive knowledge economy

Expanding personal income tax exemptions to drive knowledge economy

Việt Nam is seeking public feedback on a draft decree expanding personal income tax exemptions to spur innovation, attract talent and drive long-term economic transformation.
Việt Nam proposes extending fuel tax cuts to the end of June

Việt Nam proposes extending fuel tax cuts to the end of June

The Ministry of Finance has proposed extending tax cuts on gasoline, diesel and jet fuel until June 30, 2026, in a bid to stabilise domestic fuel prices and support economic growth amid global market volatility.
End-of-day invoicing proposed for transactions below VNĐ50,000

End-of-day invoicing proposed for transactions below VNĐ50,000

Household and individual businesses with annual revenue of VNĐ3 billion (US$114,000) or less could issue a single consolidated electronic invoice for daily transactions of below VNĐ50,000 each if buyers do not request invoices.
Govt proposes halving fuel taxes to ease price pressure

Gov't proposes halving fuel taxes to ease price pressure

Under a draft resolution of the National Assembly’s Standing Committee, the taxes on gasoline (excluding ethanol-blended fuel) and diesel are proposed to be halved to VNĐ1,000 and VNĐ500 per litre, respectively. The tax on jet fuel is proposed to be...
Tax authorities roll out support drive for business households under new regulations

Tax authorities roll out support drive for business households under new regulations

Tax authorities will run an intensive information and support campaign to guide small businesses in implementing the policies, including filing and paying taxes under the principle of self-declaration and self-payment.