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tax

Amended VAT Law expected to pass

Amended VAT Law expected to pass

Under draft law, enterprises will not have to pay 5 per cent VAT on unprocessed agricultural products traded at the commercial stage, helping to reduce financial pressure and increase business efficiency.
Agricultural associations petition for VAT law amendments

Agricultural associations petition for VAT law amendments

The VAT Law, effective from July 1, applies ‘a pay first, refund later’ mechanism on VAT, causing major difficulties for the business community.
Ministry considers taxing household businesses on profits, not revenue

Ministry considers taxing household businesses on profits, not revenue

The Ministry of Finance said on Tuesday it is considering taxing household businesses on profits rather than on total revenue after the revenue-based taxation system caused a stir among the public.
Việt Nam weighs raising tax threshold for household businesses as lump-sum regime ends

Việt Nam weighs raising tax threshold for household businesses as lump-sum regime ends

While Minister of Finance Nguyễn Văn Thắng said that the ministry will continue to study an appropriate revenue threshold for taxation on household businesses to ensure fairness, opinions remain divided over what level would be appropriate.
Hà Nội suports household businesses as lump-sum tax is abolished

Hà Nội suports household businesses as lump-sum tax is abolished

Hà Nội gears up to support 300,000 business households shifting from lump-sum tax to self-declaration, boosting transparency and growth.
The US announces preliminary conclusion of anti-dumping duty review on Vietnamese honey

The US announces preliminary conclusion of anti-dumping duty review on Vietnamese honey

The Trade Remedies Authority of Việt Nam (Trav) under the Ministry of Industry and Trade reported that the US Department of Commerce (DOC) on Tuesday issued a preliminary determination regarding the second administrative review of anti-dumping duties on raw honey...
Tax authority ramps up support for household businesses nationwide

Tax authority ramps up support for household businesses nationwide

After abolishing the lump-sum tax system from the beginning of 2026, the tax authority will shift to a new household business management model based on revenue thresholds and the level of business development.
Việt Nam to pilot online tax declaration portal this month ahead of 2026 rollout

Việt Nam to pilot online tax declaration portal this month ahead of 2026 rollout

The upcoming launch is expected to ease concerns among household businesses – especially older shop owners and traditional market traders who may lack digital or accounting skills.
Finance ministry rejects proposal to deduct local parts from EV tax base

Finance ministry rejects proposal to deduct local parts from EV tax base

The Ministry of Finance has rejected Vingroup’s proposal to exclude locally made parts from the EV tax base, saying current incentives already align with international commitments and green goals.
Hà Nội launches digital booths to promote e-commerce

Hà Nội launches digital booths to promote e-commerce

Hà Nội will open an online store showcasing Hà Nội''s products on the e-commerce platform Shopee.
Vicostone reports stable Q3 business results amid global trade challenges

Vicostone reports stable Q3 business results amid global trade challenges

The company reported revenue of nearly VNĐ925 billion (US$35.2 million) for the third quarter, bringing its total revenue for the first nine months of 2025 to more than VNĐ3 trillion ($116.4 million) - equivalent to about 65 per cent of...
Foreign suppliers pay 328 million in taxes in first nine months

Foreign suppliers pay $328 million in taxes in first nine months

Data show the broader e-commerce tax intake – covering all domestic and foreign suppliers – reached VNĐ152 trillion ($5.63 billion) in the first nine months of 2025, up 64 per cent year-on-year.
VIB profit rises on strong lending and deposit growth

VIB profit rises on strong lending and deposit growth

VIB said its asset quality continued to improve, supported by effective risk management and prudent operational controls maintained at an optimal level.
SSI reports sharp profit growth in Q3 2025

SSI reports sharp profit growth in Q3 2025

SSI Securities Corporation (HoSE: SSI) has announced its separate financial results for the third quarter of 2025, reporting total revenue of VNĐ4.1 trillion (US$155.6 million) and pre-tax profit of VNĐ1.78 trillion (US$67.5 million), year-on-year increases of 107 per cent and...
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.