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tax management

New digital tax assistant to reduce compliance burdens for firms

New digital tax assistant to reduce compliance burdens for firms

The information technology project, which is expected to be completed in 2028, will connect tax administration systems with businesses’ accounting software to enable tax declarations to be prepared more automatically and allow companies to focus more on management and business...
Cash payments do not change businesses tax obligations

Cash payments do not change businesses’ tax obligations

Cash payments are not in themselves a tax violation, but using them to conceal sales or avoid issuing invoices can lead to tax and invoicing penalties, experts said.
Banks to gain access to tax data for credit assessment

Banks to gain access to tax data for credit assessment

The General Department of Taxation and the National Credit Information Centre of Vietnam (CIC) have signed a cooperation agreement on exchanging and using data to a framework for closer information sharing between the tax and banking sectors.
Foreign digital service providers pay nearly 480 million in taxes

Foreign digital service providers pay nearly $480 million in taxes

259 overseas suppliers have registered, declared and paid taxes through the portal.
Banks and payment intermediaries required to share account data with tax authority

Banks and payment intermediaries required to share account data with tax authority

The information must be provided monthly, no later than the 10th day of the following month.
Combating e-invoice fraud with big data technology

Combating e-invoice fraud with big data technology

The enormous volume of data generated also s major challenges in fraud control.
Ministry proposes taxpayer risk classification, keeping bank data reporting rules

Ministry proposes taxpayer risk classification, keeping bank data reporting rules

The Ministry of Finance has proposed a risk-based taxpayer classification system while reaffirming requirements for banks to share account information with tax authorities to strengthen compliance, transparency and tax administration.
Ministry drops proposal requiring banks to share taxpayer data

Ministry drops proposal requiring banks to share taxpayer data

The proposal has been ped from the latest draft decree on guiding the implementation of the 2025 Law on Tax Management.
Tax authority aims to enhance data–based management

Tax authority aims to enhance data–based management

Researching and gradually implementing tax management based on cash flow analysis is becoming an inevitable trend among many modern tax authorities around the world.
Nationwide campaign launched to clean up tax data

Nationwide campaign launched to clean up tax data

Việt Nam’s tax authority has launched a nationwide drive to clean up tax data, speed business closures and tackle inactive firms to improve transparency and efficiency.
Việt Nam releases first-ever White Book on Taxation

Việt Nam releases first-ever White Book on Taxation

The White Book provides a comprehensive overview of Việt Nam’s current tax system in line with international practices, including direct taxes, indirect taxes and sector-specific levies.
Tax handbooks go digital to simplify filing

Tax handbooks go digital to simplify filing

The General Department of Taxation (GDT) has compiled and released a set of three e-tax handbooks to better assist taxpayers.
Household businesses to be categorised into four groups after presumptive tax elimination

Household businesses to be categorised into four groups after presumptive tax elimination

Deputy Director of the Department of Taxation Mai Sơn made the announcement at the Ministry of Finance (MoF)’s regular press conference for Q2 on Wednesday.
E-portal for e-commerce household businesses launched

E-portal for e-commerce household businesses launched

The General Department of Taxation on Thursday officially launched the e-portal for households and individuals running businesses to register, declare and pay tax.
Dialogue on tax and customs policies to ease business operations

Dialogue on tax and customs policies to ease business operations

The Ministry of Finance and the Việt Nam Chamber of Commerce and Industry on Tuesday held a dialogue on tax and customs policies with more than 500 companies, aiming to remove difficulties and favourable conditions for business operations.